TicketsNow
From Wikipedia, the free encyclopedia
TicketsNow, established in 1999 and based in Crystal Lake, IL, is a marketplace for premium event tickets. More than 90% of all professional ticket agencies that list, buy, and sell secondary event tickets online utilize software developed by TicketsNow.
Named in 2004 and 2006 to the Inc. 500 Index of the fastest-growing privately held companies in the U.S., TicketsNow is a premium ticket provider for USA TODAY, Fandango, and AOL; an official sponsor of the Baltimore Ravens and Jacksonville Jaguars; an official sponsor of University of Louisville Athletics, Arizona State University Athletics, Texas Christian University Athletics, University of Cincinnati Athletics, and a corporate partner of Princeton University Athletics; a member of the Better Business Bureau; and a founding member of the National Association of Ticket Brokers (NATB), which promotes ethics in the secondary ticketing marketplace.
In February of 2008, TicketsNow was acquired by Ticketmaster and currently operates as a wholly owned, independently operated subsidiary.
[edit] Origins
Mike Domek founded VIP Tour Company in 1992 with a telephone, a credit card processing machine, and a Federal Express account. Domek quickly transformed VIP Tour Company into a full-service ticketing agency.
In 1999, with no venture capital, Domek launched the TicketsNow.com web site. Inc. Magazine, featured TicketsNow as one of the "Great Companies Started for $1,000 or Less." In 2001, under Domek's direction, the company's software division rolled out the EventInventory Web store plug-in. This technology and subsequent programs have established TicketsNow.com as the world's largest online marketplace for premium event tickets. What started as a one-man operation in a one-bedroom apartment has grown into a multimillion dollar business with approximately 300 full-time employees.