Major League Baseball and StubHub are now holding hands, according to a Reuters report. StubHub will supply ticket reselling services to 30 MLB-run team websites, taking a chunk out of the $25 million online baseball ticket marketplace.
Individual franchises that operate independently of MLB.com are free to use ticket resellers of their choosing, as are fans reselling tickets. All tickets resold by MLB.com operated sites, however, are now required to use StubHub exclusively — making the company that’ll be most largely affected by this deal a little outfit called TicketMaster.
Major League Baseball taps StubHub as ticket reseller [Reuters]
Amazing that TicketMaster didn’t squash this competition. Let’s see if they now buy StubHub in order to maintain their monopoly.
Wow, very interesting idea Rod. I never thought about that. I wonder how that would work and/or if that would be a possibility.
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