Online Ticket Broker

TicketNetwork Teams Up With ScoreBig to Provide Real-Time Access to Ticket ...

VERNON, CT--(Marketwire - Jul 15, 2011) - TicketNetwork, the leading online ticket exchange for events and innovative technology solutions provider for both ticket buyers and sellers, today announced it has formed a strategic alliance with ScoreBig, a members-only site that offers huge savings on thousands of sports, concert and theater tickets.

TicketNetwork will provide ScoreBig with ticket inventory through the use of the company's Mercury system offering. Mercury is a buying/selling data feed guaranteed to provide tickets in real-time originating from a marketplace featuring ticket inventory from more than 600 ticket brokers across the nation.

The new alliance provides TicketNetwork's broker partners with wider distribution and ScoreBig's members with an enriched source of tickets with greater discounts across the board. As a result of the real time integration with Mercury, the ticketing experience will also be greatly enhanced for both brokers and buyers. Additionally, the new relationship will enable brokers to mitigate losses through utilization of the ScoreBig value channel to liquidate undersold inventory. As is standard with ScoreBig, all orders are backed by a money back guarantee.

"We are excited that ScoreBig has engaged TicketNetwork's Mercury ticketing system as it will lead to a seamless experience for its customers," said Don Vaccaro, CEO, TicketNetwork.

Larry Martin, VP of Sales for ScoreBig said, "The integration of TicketNetwork's Mercury Platform will be a great addition to ScoreBig's inventory and provide our members with more tickets and even greater savings."

TicketNetwork hosts the leading online marketplace for event tickets to concert, sport, and theater events around the country and the world. Through our vast network of websites, we connect buyers and sellers from around the country, with ticket inventory listings to more than 80,000 events worldwide. Our company's flagship software product, TicketNetwork ® Point-of-Sale, powers real-time ticket transactions through our Online Exchange, making it the leading innovative software platform in the secondary ticket industry. Our signature retail website TicketNetwork.com is both Payment Card Industry (PCI) and EVSSL-certified, ranking it among the top secure sites for event tickets in the secondary market. TicketNetwork, Inc. subsidiaries include Ticket Software LLC, TicketLiquidator.com , and TicketNews. TicketNetwork was founded in 2002 and is headquartered in Vernon, Connecticut.

LegalNewsline | Abbott settles with online ticket broker

AUSTIN, Texas (Legal Newsline) - Texas Attorney General Greg Abbott announced a settlement on Friday resolving an enforcement action against an Austin-based online ticket broker.

In August 2008, Abbott alleged that TicketCity unlawfully marketed advance tickets to the Beijing Summer Olympic Games' opening ceremonies and other events. The enforcement action alleged that the defendant made false statements about its refund policy.

TicketCity allegedly sold opening ceremony tickets for $1,250 and promised to double the refund if it failed to deliver the pre-purchased tickets, initially stating that purchasers would receive the tickets before the start of the Olympics. Some Texans relied on the defendant's guarantee to advance purchasers and purchased airline tickets to Beijing. When the defendant failed to deliver the tickets, customers incurred substantial travel costs for an event they could not attend.

TicketCity is a secondary market broker relying on several sources to obtain tickets to a wide variety of events. Despite its alleged guarantee to advance purchasers, the defendant did not actually possess tickets to the 2008 Beijing Summer Olympic Games. In March 2008, TicketCity allegedly informed customers they would not actually receive these "guaranteed" tickets. The company allegedly refused to honor the 200 percent refunds customers were promised in the defendant's online advertisements.

The company allegedly refused to fulfill commitments it made to customers making purchases online at the same time that its sales personnel were offering to sell opening ceremony tickets at dramatically increased prices, which allegedly rose as high as $8,000.

As part of the settlement, TicketCity must provide the 200 percent refunds it originally promised customers who purchased tickets to the opening ceremonies. It is also required to post a 120 day notice on its website informing eligible customers how to apply for refunds and provide eligible customers who unnecessarily incurred expenses associated with traveling to China or who purchased tickets to other events and experienced the same treatment from the defendant with restitution.

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