Under the pact, Live Nation said it would license software from CTS Eventim, a German ticketing service and concert promoter, to build a ticket unit in North America.
The market has thrived to the point where more affordable housing has been replaced with high-ticket units, many used only part-time.
Live Nation, based in Beverly Hills, Calif., had $5.4 billion in revenue in 2011, up 6.3 percent from the year before, led by improved performance in its ticketing unit and growth in e-commerce, the company reported on Thursday.
Cendant also said it would record about $125 million in charges related to a restructuring and to the costs of integrating its recently acquired Galileo International and Cheap Tickets travel units.
"Now I think it has more of a positive aspect: when the demand outweighs the supply and you sell out of tickets or units.
A. Unabaev, a shepherd from the settlement Kyzyl Oktyabr' of the Kenesh municipality and member of the respective APU for the past several years, officially used 124 ha of the Kenkol Jailoo as summer pasture and registered, according to his pasture tickets, 110 livestock units in 2011, 124 livestock units in 2012, and 129 livestock units in 2013 (letter B in Fig. 5; respondent AU 2013).
The tour was a commercial success, and ranked at number 21 on Pollstar's year-end "Top 25 Worldwide Tours" list, with a total gross of $52.8 million and ticket sales of 527,683 units.
According to the pricing strategy of passenger tickets in China, in general, longer distance means higher ticket cost, but less unit ticket price.
The tactics have paid off, resulting in about $350 million in ticket sales since the unit launched in 2007.
The beleaguered Swissair Group said today that it had agreed to sell its ticketing and reservations unit, Atraxis, to Electronic Data Systems as it begins shedding its profitable subsidiaries.
The idea is that they'd advertise better quality tracks, concert tickets, etc. using ad units that are displayed whenever someone ends up on the artist's profile.
