Sold Out

Site restructures biz, plans to pinkslip personnel will lay off 220 of its 620 full-time employees during the next several months as it splits into two units: a ticket service group, which will house the company’s software assets, and an Internet ticketing group.

The announcement came days after the company inked a deal with Major League Baseball, which signed the company to a three-year online ticketing agreement. Around the same time, the company gained a major entree to the college market by partnering with technology platform provider Campus Pipeline, making the official online seller to more than 550 universities across the country.

Students, faculty and staff will also be able to purchase tickets for national events at venues using, including San Francisco Giants’ Pac Bell Park, the Kennedy Center for Performing Arts, and the 2002 Winter Olympic Games in Salt Lake City.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

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

You are commenting using your 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

More Digital News from Variety