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November 20, 1998. PR Newswire. Tickets.com, Inc.,
the nation's first comprehensive resource for any ticket, any time,
anywhere, officially announced today the purchase of the national
toll-free number, 1-800-TICKETS, for $1 million in cash plus stock.
The instantly memorable toll-free number and easy-to- remember
URL (http://www.tickets.com) will combine to create an
unprecedented brand within the ticketing industry. The acquisition also
strengthens the company's objective to offer consumers an easy-to-use,
one-stop location for all their entertainment options accessible nationwide through
a single phone number and Web address.
"Tickets.com and 1-800-TICKETS are such strong
brand assets that we will become the intuitive place to go for tickets
and information," said Tickets.com President and CEO, Jim Caccavo. "This
is an important acquisition for Tickets.com and further illustrates
our commitment to become the country's leading entertainment
information and ticket source. The strength of our Web address combined with
1-800-TICKETS creates a brand that will provide consumers with the
broadest, easiest access to the world of tickets."
Tickets.com is the nation's first comprehensive
service that offers extensive venue, event and ticket information. The company
provides one-stop sports, entertainment and travel ticketing services
on the Internet at http://www.tickets.com (AOL keyword: tickets) and
through the phone at 1-800-TICKETS. Tickets.com combines the efficiency
of the Internet with the ease and reach of the phone to provide superior
customer service to venues and consumers. The company was founded in
1997 and operates its corporate offices and call center in Los
Angeles, California.
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