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Amazon wants to beat Ticketmaster at its own game in the US

Amazon is looking to expand its retail empire by selling tickets to events in its megastore in the US, reports Reuters. That could be huge for the $424 billion company, and a huge blow to longstanding incumbent Ticketmaster. The venture would include passes to entertainment and sporting events, and the company is said to be interested in reselling tickets on the secondary market – à la StubHub – as well. Amazon is keen enough on the idea that it’s considering spending millions of dollars in sponsorship that it’d pay to venues. The retail giant has previously sold tickets to shows… …read more

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