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Business News Live Business
Seatwave say things going well, but want to sell football tix
By CMU Editorial | Published on Monday 7 December 2009
Secondary ticketing people Seatwave say they had a strong third quarter, noting that a number of strategic partnerships have helped them boost their share of the European ticket resale market. Among the partnerships are one with MTV, which will see Seatwave act as the exclusive ticketing partner for a series of MTV-branded events, and one with HMV, who now have a Seatwave ticket collection point at their Trocadero store in London.Commenting on all this, Seatwave founder and top man Joe Cohen told CMU: “It’s great to see that the live entertainment industry continues to flourish and help boost the economy during a somewhat difficult eighteen months. We’ve continued to make and renew a number of exciting partnerships that we believe benefit our fans and, as a response, have growth of almost 70% from the same quarter last year. We’ve also witnessed a 155% growth in the number of ordinary fans selling tickets through our site – strong proof we are providing the right solutions for our customers”.
In related news, Seatwave have let it be known they are lobbying the government for a change in the rules relating to the resale of tickets to football matches. While the growth of online ticket touting has proven controversial in the live music industry, government has been reluctant to regulate the sector. However, the touting of football tickets is already regulated, and that stops the likes of Seatwave from allowing users to resell tickets for the sport in the UK. But with the World Cup now very much on the horizon the secondary ticketing firm is pushing for a change in the law.
