AEG TO RIVAL TICKETMASTER

AEG to launch ticket-selling service in Denver to rival Ticketmaster

Imagine being sold down the river.
In this town its an everyday occurance:
They chew you up, spit you out, at the same time
Pat you on the back while kissing you on the cheek...
" Great Job, my friend".

AEG to Rival Ticketmaster/Live Nation...

Los Angeles-based AEG, owned by Denver billionaire
Phillip Anshultz , plans to start selling tickets online Saturday through the newly created subsidiary Axs Ticketing. AEG officials said the new venture initially will be implemented at its two Denver concert
halls, the Bluebird Theater and the Ogden Theatre.

Both venues currently sell tickets through Ticketmaster.
By the end of 2012, Axs (pronounced "access") will be
installed at AEG's approximately 100 concert and sports
venues worldwide.

Ticketmaster completed a merger in 2010 with
concert promoter Live Nation. Under provisions
of the approval from the U.S. Department of Justice, AEG was allowed to cancel its contracts with
Ticketmaster.

"This is definitely a big blow for Live Nation
and Ticketmaster,"said Don Vaccaro, chief executive
of TicketNetwork, a Connecticut- based online
ticket-exchange firm.

"There have always been complaints about Ticketmaster's
procedures and fees," Vaccaro said. "AEG has a tremendous
amount of credibility in the industry.

This could translate into more contracts (for AEG) to
sell other venues' tickets, and that could lead to
lower prices for consumers."

Heres alittle background on Phillip Anshultz
http://en.wikipedia.org/wiki/Philip_Anschutz

The Anschutz Entertainment Group (AEG) is a sporting
and music entertainment presenter and a subsidiary of
The Anschutz Corporation. It is the world's largest owner
of sports teams and sports events, the owner of the world’s
most profitable sports and entertainment venues, and under
AEG Live the world's second largest presenter of live music
and entertainment events after Live Nation.

http://en.wikipedia.org/wiki/Philip_Anschutz

The AEG is the subject of a lawsuit regarding the
Death of Michael Jackson, filed by the singer's mother,
Katherine Jackson.

The Jackson lawsuit against Anschutz Entertainment Group
alleged:

“By the nature of their contractual, joint-venture, and
special relationship, AEG had legal duties to Michael Jackson
to treat him safely and to not put him in harms’ way.
But AEG, despite its knowledge of Michael Jackson’s
physical condition, breached those duties by putting its
desire for massive profits from the tour over the health and safety of Michael Jackson.”

Read more:
AEG to launch ticket-selling service in Denver to rival Ticketmaster - The Denver Post http://www.denverpost.com/commented/ci_18736465?source=commented-#ixzz1W18Q9cHf