AEG TO RIVAL TICKETMASTER

AEG to launch ticket-selling service in Denver to rival Ticketmaster



Imagine being sold down the river.

In this town its an everyday occurance:

They chew you up, spit you out, at the same time

Pat you on the back while kissing you on the cheek...

" Great Job, my friend".



AEG to Rival Ticketmaster/Live Nation...



Los Angeles-based AEG, owned by Denver billionaire

Phillip Anshultz , plans to start selling tickets online Saturday through the newly created subsidiary Axs Ticketing. AEG officials said the new venture initially will be implemented at its two Denver concert

halls, the Bluebird Theater and the Ogden Theatre.



Both venues currently sell tickets through Ticketmaster.

By the end of 2012, Axs (pronounced "access") will be

installed at AEG's approximately 100 concert and sports

venues worldwide.



Ticketmaster completed a merger in 2010 with

concert promoter Live Nation. Under provisions

of the approval from the U.S. Department of Justice, AEG was allowed to cancel its contracts with

Ticketmaster.



"This is definitely a big blow for Live Nation

and Ticketmaster,"said Don Vaccaro, chief executive

of TicketNetwork, a Connecticut- based online

ticket-exchange firm.



"There have always been complaints about Ticketmaster's

procedures and fees," Vaccaro said. "AEG has a tremendous

amount of credibility in the industry.



This could translate into more contracts (for AEG) to

sell other venues' tickets, and that could lead to

lower prices for consumers."



Heres alittle background on Phillip Anshultz

http://en.wikipedia.org/wiki/Philip_Anschutz



The Anschutz Entertainment Group (AEG) is a sporting

and music entertainment presenter and a subsidiary of

The Anschutz Corporation. It is the world's largest owner

of sports teams and sports events, the owner of the world’s

most profitable sports and entertainment venues, and under

AEG Live the world's second largest presenter of live music

and entertainment events after Live Nation.



http://en.wikipedia.org/wiki/Philip_Anschutz



The AEG is the subject of a lawsuit regarding the

Death of Michael Jackson, filed by the singer's mother,

Katherine Jackson.



The Jackson lawsuit against Anschutz Entertainment Group

alleged:



“By the nature of their contractual, joint-venture, and

special relationship, AEG had legal duties to Michael Jackson

to treat him safely and to not put him in harms’ way.

But AEG, despite its knowledge of Michael Jackson’s

physical condition, breached those duties by putting its

desire for massive profits from the tour over the health and safety of Michael Jackson.”



Read more:

AEG to launch ticket-selling service in Denver to rival Ticketmaster - The Denver Post http://www.denverpost.com/commented/ci_18736465?source=commented-#ixzz1W18Q9cHf