Retailing

  1. J&R Music World Closing

    April 09, 2014 9:04 PM EDT 27 2 k 135 11 Music and electronics retailer J&R Music and Computer World will shutter its store on Park Row in lower Manhattan Thursday after 43 years in business.  In a letter to customers on the store's website, owners Joe and Rachelle Friedma ...

  2. Cyber Monday Expected to See $2 Billion In Sales

    December 02, 2013 11:02 AM EST It's the day of the online deal. Millions of shoppers are expected to click on items on Monday as retailers rev up deals to grab online holiday shopping dollars on the first working day after the busy holiday weekend. But this year so-called ...

  3. AEG, StubHub Partnership Brings Benefits Far Beyond Secondary Ticketing

    November 12, 2012 6:51 PM EST A deal that pairs the world's second-biggest concert promoter and the world's second-biggest e-commerce company could unlock value for artists, managers and the promoter -- and further legitimize secondary ticketing. AEG has partnered wi ...

  4. Latin Music's Retail Blues

    September 07, 2012 8:00 AM EDT One of the country's biggest Latin music stores faces dwindling sales, but vows to press on. In 2001, Nielsen SoundScan reported increasing sales of Latin music, much of it attributed to the genre's growing presence with mass merchants. ...

  5. 40 Under 40: Nathan Hubbard

    August 02, 2012 4:21 PM EDT Nathan Hubbard CEO, Ticketmaster Website: Ticketmaster.com Twitter: @NathanCHubbard Spinning The Turnstiles Nathan Hubbard, 37, leads the world's largest ticketing company, simultaneously setting about improving customer service and the analy ...

  6. Exclusive Q&A: Michael Rapino CEO of Live Nation on the Ticketing Crisis (Part Two)

    March 07, 2012 10:30 AM EST (Illustration by Ray Bartkus) There is a lot of frustration out there in the ticket buying world as thousands of fans virtually line up at primary sites like Ticketmaster.com for tickets to hot shows and, for a variety of reasons, come away empty ...

  7. Exclusive Q&A: Michael Rapino CEO of Live Nation on the Ticketing Crisis

    March 06, 2012 1:30 PM EST A screen shot of Bruce Springsteen's StubHub page for his April 6 Madison Square Garden show where tickets ranged from $185 - $,4000. There is a lot of frustration out there in the ticket buying world as thousands of fans virtually line up at ...

  8. Confessions of a Ticket Scalper: Billboard's Candid Q&A

    March 05, 2012 5:45 AM EST As part of a Billboard special report on the state of the ticketing business, our touring expert Ray Waddell picked the brain of a ticket broker who's been in the game, as he says, "since it was invented." We chose to protext his id ...

  9. How Eric Church Battled Scalpers Head-On

    February 06, 2012 8:38 AM EST Eric Church, at the 2011 Academy of Country Music Awards, has found both success and ticket resellers. (photo: ericchurch.com) Eric Church has a song called "Springsteen" on his current album Chief , but the country rocker discovered he ...

  10. Scalper 'Assault' Caused Website Jam for Bruce Springsteen Ticket Sales, Ticketmaster Says

    January 27, 2012 6:14 PM EST The latest episode in the saga between Bruce Springsteen and Ticketmaster arose Friday when the company's websites were jammed by what the company said was an "assault" from scalpers looking to hoard tickets for the Boss' upcom ...

  11. Billboard Power 100: Chris Tsakalakis

    January 26, 2012 11:07 PM EST No. 91 Chris Tsakalakis President StubHub Twitter: @CTsak Speeding Tickets... People in the music industry tend to take one of two viewpoints on Tsakalakis, president of StubHub, the most powerful secondary ticketing company in the United States. ...

  12. Black Friday, Cyber Monday Great for Retailers; Record-Store Day Items Drive Music Sales

    November 29, 2011 1:42 PM EST While music merchants say that they too, like retail in general, experienced a strong sales for the Black Friday weekend, some of them acknowledge that music wasn't leading the charge. "We had a great weekend," says one chain execut ...

  13. Cyber Monday Forecast To Set $1.2 Billion Sales Record

    November 28, 2011 7:15 AM EST There's good news for online retailers this year: Black Friday Internet sales jumped 26 percent, while Cyber Monday spending is projected to reach a record $1.2 billion, according to data released Sunday by market research firm ComScore. Blac ...

  14. StubHub Preps U.K. Launch

    September 16, 2011 8:23 AM EDT Secondary ticket site StubHub is to launch in the United Kingdom, according to reports. The Ebay-owned company is due to launch in the fourth quarter of 2011 and has been recruiting staff in Dublin ahead of its U.K. bow, claims The Financial Times ...

  15. Anti-Scalping Groups Actually Financed by Live Nation, StubHub, Report Says

    July 21, 2011 10:43 AM EDT Amid heated competition and consumer complaints about ticket scalping, live event and ticketing giant Live Nation Entertainment and ticket reseller StubHub, part of eBay, have launched nonprofit groups to represent consumer interests as part of a ...

  16. Six Questions For Fan Freedom Project's Jon Potter

    June 21, 2011 1:10 PM EDT The concert ticketing business has become an area of increased scrutiny of late, with the paperless ticketing issue largely leading the way. While ticket companies claim paperless ticketing protects fans from scalping practices, opponents claim it ...

  17. Author Dean Budnick Talks 'Ticket Masters: The Rise of the Concert Industry'

    May 18, 2011 12:49 PM EDT Author Dean Budnick Talks 'Ticket Masters: The Rise of the Concert Industry' The blurb on the back cover pretty much says it all: "Reading this book won't make you any happier about spending four hundred bucks to go to a rock s ...

  18. Could Zaarly, A New Mobile Sales Platform, Help Fight Ticket Scalping?

    April 29, 2011 3:22 PM EDT At the close of a less-contentious-than-expected panel on indies and Ticketmaster at SXSW, all the parties agreed on one thing: scalping is still a huge problem. Setting aside the ethical questions of jacking ticket prices as high as they'll ...

  19. Nirvana, Regina Spektor, Lez Zeppelin: Record Store Day 2011, NYC Report

    April 17, 2011 12:30 PM EDT Thousands of shoppers flooded New York City's record stores on April 16 lured in party by roughly 300 exclusive releases made available for the fourth annual Record Store Day. At Permanent Records in Greenpoint, Brooklyn, when the store opene ...

  20. Charlie Sheen's Rep On Ticket Controversy: 'A Ticket Sold Is A Ticket Sold'

    March 30, 2011 4:57 PM EDT "Winning" or "Not Winning"? That's the latest question surrounding Charlie Sheen's "My Violent Torpedo of Truth" 22-date North American tour, which begins April 2 at the Fox Theatre in Detroit. Over the past ...

  21. Christmas Sales Decisive For Nation's Two Largest Booksellers

    December 17, 2010 12:00 AM EST The two largest U.S. bookstore chains have offered up a compelling cliffhanger this holiday season that will seal the fate of brick-and-mortar bookselling. In the latest chapter, Barnes & Noble Inc has put itself up for sale, while Borders Gro ...

  22. Black Friday Leaves Music Retailers Optimistic For Holiday Season

    November 29, 2010 12:00 AM EST The holiday music sales season is off to a good start, music retails say. Black Friday (Nov. 26) has left many retailers optimistic about their sales prospects for the overall holiday selling season. In its weekly customer e-mail, Rochester, N.Y.- ...

  23. E-commerce Gets A Boost As Online Deals Spread

    November 29, 2010 12:00 AM EST Online retailers could see their best Thanksgiving weekend ever this year, as deep online discounts, once reserved for Cyber Monday, were offered more broadly throughout the weekend. The term Cyber Monday was coined five years ago for the day many ...

  24. Which Consumer Electronics Sold the Best on Black Friday?

    November 29, 2010 12:00 AM EST Portable MP3 players, video game consoles and accessories, and computers including notebooks and tablets were among the most popular electronics shoppers purchased this weekend, according to interim results from the Consumer Electronics Assn.' ...

  25. U.S. Shoppers Back In Black Friday Binge

    November 26, 2010 12:00 AM EST U.S. shoppers were back in a Black Friday bargain-binging mood, snapping up hoodies and computer laptops at stores, in a turnout that could give the economic recovery more steam. In contrast to the past two years, shoppers said they were buying mo ...

  26. Live Nation Opens Up To Investors, Details Plans for Future

    July 15, 2010 12:00 AM EDT During a Thursday afternoon presentation for investors and analysts, Live Nation Entertainment lauded its business strategy, talked about lessons learned in 2010 and offered some interesting details about the company. Hosted mainly by CEO Michael ...

  27. StubHub Chief Touts Secondary Market On Huffington Post

    July 13, 2010 12:00 AM EDT One of the summer’s quietest developments has been New York State’s move to force ticket sellers to offer paper tickets. The lawmakers’ intent was to preserve an open secondary market. In doing so, they gave a thumbs down to any ticketing company’ ...

  28. New York Senators Hold Forum On Paperless Tickets

    June 03, 2010 12:00 AM EDT New topic of new paperless ticketing technology reached the New York State Senate on Wednesday. The Senate Standing Committee on Investigations and Government Operations held a hearing to allow comments on whether or not state lawmakers should req ...

  29. Analysis: Live Nation Attracts Hedge Fund Interest. Can It Deliver?

    May 28, 2010 12:00 AM EDT Live Nation has attracted some big name investors. Tiger Management, Lone Pine Capital and Glenview Capital Management are three of the hedge funds that bought shares of Live Nation in the first quarter, Reuters pointed out on Friday . The $12-per ...

  30. Business Matters: SF Music Tech Conf, Cisco, Elena Kagan, Ticket Scalping and more

    May 19, 2010 12:00 AM EDT Follow Glenn Peoples on Twitter here -- “Wowza, still dealing with energy unleashed by panel yesterday,” wrote Cisco’s Dan Scheinman at his Twitter profile. “I generally think that it is easy to bash, hard to create value.” Scheinman was talking a ...

  31. TicketsNow, 360 Deals a Drag for Live Nation

    May 10, 2010 12:00 AM EDT In its first quarter results on Monday, the first since its merger with Ticketmaster, Live Nation pointed to progress with its integration as well as its recent debt refinancing. The most important comments, however, were about its struggling seco ...

  32. Live Nation Q1 Losses Grow, May Sell TicketsNow

    May 10, 2010 12:00 AM EDT Losses at Live Nation Entertainment grew in the first quarter as concert attendance slipped 3 percent and the company booked costs related to its recent merger with Ticketmaster. The company also said Monday it was considering "strategic opti ...

  33. Billboard.biz Q&A: President of StubHub, GM of eBay Tickets, Chris Tsakalakis

    March 11, 2010 12:00 AM EST More than any other company, StubHub has been responsible for the perception makeover that turned ticket "scalpers" into ticket "brokers." StubHub helped rebrand an often-vilified vocation by pushing ticket reselling out of the ...

  34. Seven & i Holdings To Acquire 21% Of Tower Records Japan

    March 04, 2010 12:00 AM EST The Tokyo-based retail giant Seven & i Holdings Co., which operates the 7-11 brand of convenience stores and the Ito-Yokado supermarket chain in Japan, will acquire 21.58% of the retail music store chain Tower Records Japan. Seven & i will ...

  35. Business Matters: Ticketmaster, Joel Tenenbaum, TuneCore

    February 19, 2010 12:00 AM EST Business Matters is a daily column that offers insight, analysis and opinion on the day's news. Follow Billboard senior analyst Glenn Peoples on Twitter at twitter.com/billboardglenn . -- An important aspect of Ticketmaster ’s settlement with ...

  36. Cyber Monday Misses Music: The Biz Waits For Cyber Week After Christmas Instead

    December 02, 2009 12:00 AM EST While Cyber Monday managed to create a stir in most of the retail world, the music industry is waiting for the last week of December and the first week of January for its digital music bonanza. That's when stores like iTunes realize sales fro ...

  37. Retailers: Holiday Selling Season Off To A Decent Start

    December 01, 2009 12:00 AM EST The holiday selling season got off to a decent start for retailers, even if overall music sales didn't quite match expectations. Susan Boyle's "I Dreamed A Dream" was by far the bright spot over the Black Friday weekend, with i ...

  38. No Thanksgiving Rest For Retailers In Sales Race

    November 26, 2009 12:00 AM EST Retailers from Wal-Mart Stores to Gap, RadioShack and Walgreens are opening their doors on Thursday as U.S. families celebrate Thanksgiving, aiming to capture early bird shoppers a day before the official start of holiday shopping on Black Friday. ...

  39. TMG/AEG Live President Messina Clarifies Ticketmaster Stance

    November 19, 2009 12:00 AM EST An ongoing investigative report on ticketing practices from Nashville's NewsChannel 5 has created a stir, and promoter Louis Messina, president of TMG/AEG Live wants to clarify comments he made in a segment that aired last night regarding Tic ...

  40. Heated Panel Debates Ticketing Strategies

    November 04, 2009 12:00 AM EST Michael Marion, the GM of North Little Rock, Ark.'s, Verizon Arena (formerly Alltel Arena) drew applause during a morning panel today at the sixth annual Billboard Touring Conference and Awards after sharing his thoughts on a polarizing subje ...

  41. U.S. Likely To Follow U.K. Objections On Ticketmaster

    October 09, 2009 12:00 AM EDT Regulators in the U.K. and U.S. appear likely to impose conditions on the merger of concert promoter Live Nation Inc. and ticket-selling giant Ticketmaster Entertainment Inc. now that British authorities came out against the deal Thursday. The U.K ...

  42. Live Nation 2Q Loss Widens As Revenue Falls

    August 06, 2009 12:00 AM EDT Concert promoter Live Nation Inc. said Thursday its loss widened in the second quarter as revenue dipped and it logged costs related to its proposed merger with ticket seller TicketMaster Entertainment Inc. Los Angeles-based Live Nation, which is ...

  43. Last Minute Concert Tickets Hot Items In Recession

    July 31, 2009 12:00 AM EDT Unemployment is up and consumer confidence is down, but one silver lining of the recession is that last-minute tickets to hear big acts like Coldplay and Bruce Springsteen are as little as $1. According to eBay Inc's StubHub, the leading Inte ...

  44. Artists Turning To Tickets-For-Charity

    July 17, 2009 12:00 AM EDT Earlier this year, singer/songwriter James Taylor wanted to help fund the Natural Resources Defense Council through the sale of his concert tickets, so he turned to the online ticketing platform Tickets-for-Charity. Taylor is one of many artists u ...

  45. TicketsNow Operated Sites Shut Down, Company Hit With Fine

    June 30, 2009 12:00 AM EDT A Ticketmaster Entertainment Inc. subsidiary has reached an agreement with the Illinois Attorney General after complaints of overly high-priced tickets to Hannah Montana and Bruce Springsteen concerts. The state attorney general's office anno ...

  46. Ticket Markups Capped As NY Scalping Law Expires

    June 04, 2009 12:00 AM EDT Want to score a ticket to the sold-out Beyonce concert at Madison Square Garden this month? It'll cost you only two extra bucks -- for now. Thanks to a missed deadline in Albany, reselling tickets to concerts, sports events and other attracti ...

  47. Secondary Ticket Service Denies German Court Ban

    May 28, 2009 12:00 AM EDT Smartfox Media has hit back after Frankfurt-based promoter Marek Lieberberg Konzertagentur (MLK) claimed victory in a legal battle over secondary tickets being sold on the Ventic online platform for Depeche Mode concerts in Germany. "Smartfox ...

  48. JPC-Schallplatten Purchases WOM Brand

    May 21, 2009 12:00 AM EDT German music retail company JPC-Schallplatten Ersandhandelsgesellschaft has bought the "WOM-World of Music" brand from department store chain operator Karstadt Quelle AG, Europe's largest department store & mail order group. WOM ...

  49. Experts: Live Nation-Ticketmaster Deal Has A Chance

    March 26, 2009 12:00 AM EDT When the world's biggest concert promoter and largest ticket seller announced they would merge last month, it seemed unlikely that antitrust enforcers would approve the creation of such an entertainment giant. But some competition experts, se ...

  50. Ticketmaster Gets Credit Rating Downgraded

    March 25, 2009 12:00 AM EDT After last week's disappointing Q4 earnings release, Standard & Poor's Rating Service lowered by one level the credit rating of Ticketmaster Entertainment . From BusinessWeek.com: "The downgrade reflects Ticketmaster's weak ...

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