StubHub.com Discounted Sports, Theater, Concert Tickets

Posted on July 9, 2008. Filed under: Entertainment, Travel & Leisure | Tags: , |

eBay’s StubHub Lowballs Sports, Concert Tickets

StubHub allows season ticketholders and others to offer tickets for performances by acts like Death Cab for Cutie, Robert Plant, Coldplay, and the Foo Fighters at reduced prices.

By K.C. Jones
InformationWeek article
June 11, 2008 12:56 PM

A Web site that allows fans to buy and sell discounted tickets to major sporting events and performances has reported discounted sales, as premium concert ticket prices soar and consumers search for ways to stretch their dollars.

“Many people think that the secondary ticket market only offers inflated prices, but these numbers tell a different story — that with a little bit of bargain hunting fans can indeed find great prices for some amazing performers,” Sean Pate, head of corporate communications for StubHub, said in a news announcement. That means fans can “get out and have some fun without hurting budgets,” he said.

StubHub allows season ticketholders and others to offer tickets for performances by acts like Death Cab for Cutie, Robert Plant, Coldplay, and the Foo Fighters at reduced prices. The site reports ticket sales as low as $14 for major acts and sales for sold-out shows. Tickets for popular tours are averaging less than $90, StubHub reported, while premium tickets from other sources sell for $250 and higher.

In addition to concerts, the site offers tickets to games, theater shows, and other live events. Fans can pick their price and connect with sellers who may match them.

StubHub, an eBay (NSDQ: EBAY) company, offers guarantees that buyers will receive real tickets in time for their events. The company has partnered with nearly 60 teams in the National Football League, Major League Baseball, the National Basketball Association, the National Hockey League, and the National College Athletic Association. It also works with individual artists, including Madonna, and companies like ESPN and American Express.

However, the practice of undercutting ticket prices may get StubHub in trouble with the city of Chicago. Last month, city lawyers filed a lawsuit against StubHub and parent company eBay for failure to collect taxes on event tickets purchased online. While online sales have been exempt from local taxes for the most part, the city contends that since eBay’s customer services center is a physical presence that the online auction site and its companies should be subject to local tax laws. EBay has rebuffed the charges. The case is pending.

BudgetMaven Tip: While I am sure StubHub has many satisfied buyers and sellers, before you buy those Madonna or Red Sox tickets, you may want to check out some of the StubHub reviews on epinions.com and comments at the ConsumerAffairs.com website.

Have you had a StubHub.com experience you want to share?

Advertisements

Make a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

One Response to “StubHub.com Discounted Sports, Theater, Concert Tickets”

RSS Feed for Living Well on a Budget Comments RSS Feed

[…] BudgetMaven is a wealth of unprecedented information. The last post on StubHub.com Discounted Sports, Theater, Concert Tickets is highly regarded. Here’s a brief overview: […]


Where's The Comment Form?

Liked it here?
Why not try sites on the blogroll...

%d bloggers like this: