Tuesday, January 15, 2008

Ticketmaster Buys TicketsNow

West Hollywood-based Ticketmaster said this morning that it has entered into a definitive agreement to acquire TicketsNow, and Illinois-based online marketplace for music, sports, and live entertainment tickets. Financial terms of the deal were not disclosed. Ticketmaster said it will use the buy to create an "integrated platform" where fans can review and compare ticket availability and pricing. Ticketmaster said TicketsNow will continue to operate in Rolling Meadows and Crystal Lake, IL, and that Cheryl Rosner will continue as its CEO. TicketsNow was founded in 1999. Ticketmaster is owned by Barry Diller's IAC.

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