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Ticketmaster UK: A Comprehensive Overview
Introduction
Ticketmaster UK is an online ticket company that sells tickets to concerts, sporting events, and other live entertainment events. It was founded in 1976 by Peter Block and is now owned by Live Nation Entertainment.
Services Offered by Ticketmaster UK
Ticketmaster UK offers a variety of services to its customers, including:
* Online ticketing for concerts, sporting events, and other live entertainment events
* Mobile ticketing through its app
* Group sales
* Corporate hospitality
* Event marketing
* Ticket resale
Ticketmaster UK's UK Market Share
Ticketmaster UK is a major player in the UK ticket market and has a market share of around 80%. This gives it a near monopoly on the sale of tickets to live entertainment events in the UK.
Competition in the UK Ticket Market
Despite Ticketmaster UK's dominant position, there are a number of other companies that compete in the UK ticket market. These include:
* AXS
* Eventim
* See Tickets
* StubHub
However, most of these competitors have significantly smaller market shares than Ticketmaster UK.
Ticketmaster UK's Relationship with Event Organizers
Ticketmaster UK has a close relationship with event organizers. This relationship gives it a significant advantage over its competitors, as it has access to a large number of tickets for events that are in high demand.
Pricing and Fees
Ticketmaster UK's pricing and fees vary depending on the event. However, it typically charges a booking fee of £2.50 per ticket, plus a £1.50 handling fee per order.
Customer Service
Ticketmaster UK has a customer service team that can be contacted via phone, email, or live chat. However, its customer service has been criticized for being slow and unhelpful.
Recent Developments
In recent years, Ticketmaster UK has been investing in a number of new technologies, including artificial intelligence and virtual reality. It is also planning to launch a new mobile app later this year.
Conclusion
Ticketmaster UK is a major player in the UK ticket market and has a market share of around 80%. Despite facing competition from a number of other companies, it is likely to remain a major player in the ticket market for the foreseeable future.