Live Nation Ticketing Expands With SMG

In another blow to Ticketmaster, Live Nation Ticketing, which debuts in January 2009, has added 216 stadiums, arenas and theaters managed by SMG and the 5 million annual tickets sold in them to its portfolio.

In its first year of operation, Live Nation Ticketing is expected to handle more than 10 million tickets for Live Nation venues alone. These numbers are expected to grow annually to approximately 13 million by 2010
as tickets from Live Nation’s House of Blues venues are added. The incremental tickets included in the SMG deal represent an estimated 25% annual increase in the 13 million tickets Live Nation
Ticketing already expects to service.