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Amazon in talks to offer event ticketing in U.S.: sources

Reuters  |  NEW YORK/SAN FRANCISCO 

By Jessica Toonkel and Jeffrey DastinNEW YORK/SAN FRANCISCO (Reuters) - Amazon.com Inc is seeking to partner with U.S. venue owners to sell event tickets, four sources have told Reuters, a move that could loosen Ticketmaster's powerful grip on the lucrative ticketing business.If Amazon moves ahead, it would represent the latest attempt by the world's largest online retailer to use its massive customer base, tech savvy and bargaining power to shake up a big market.The Seattle-based company sees the U.S. ticketing market as ripe for attack. Consumers dislike ticket fees, and venue owners, ...

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First Published: Fri, August 11 2017. 01:18 IST
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