If you’ve ever begrudgingly paid an additional “order processing” fee or exorbitant shipping costs for tickets on Ticketmaster, you aren’t the only frustrated one. Filed in 2003, the Schlesinger v. Ticketmaster class action lawsuit claimed that these fees “are excessive and deceptive.” Now, 13 years later, the case has been settled.For anyone who ordered tickets between October 21, 1999 and February 27, 2013, you may be entitled to discounts on future ticket purchases through the ticket service. Email notifications have been going out to all members of the class action suit, starting on April 25th and running through June 18th, though most will be going out towards the end of that period. The emails will include a ticket discount code that can be applied to future purchases.If a certain threshold ($10.5 million) is not used within one year, then Ticketmaster will also be forced to start offering limited free tickets to class action members for events hosted at Live Nation venues. Live Nation purchased Ticketmaster in 2009, to the tune of $2.5 billion.For more information about this Ticketmaster class action suit ruling, head here.
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Esports Entertainment appoints Jeff Cohen as IR lead July 28, 2020 Share Related Articles Share Esports Entertainment Group finalises Argyll takeover July 31, 2020 StumbleUpon Argyll orders full compliance makeover with TruNarrative August 17, 2020 Submit Newly Nasdaq-listed online gambling group Esports Entertainment Group has signed a ‘letter of intent’ (“LOI”) to acquire the competitive gaming live and digital events and tournaments organiser Esports Gaming League (EGL).This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here.The UK-based esports company, founded in 2010, serves a rapidly expanding community of gamers in Europe, Middle East, and the Americas with over 350,000 registered users. The growing user base and demographics of EGL’s audience was a major factor in Esports Entertainment Group’s decision to purchase the firm.Grant Johnson, CEO of Esports Entertainment Group, said: “At our IPO we committed to having a tournament platform up and operational before the end of the calendar year, and with this transaction, we have delivered on this commitment.“EGL generated approximately $1.3 million in revenue last year and is positioned for triple-digit growth moving forward. Their complementary platform, large user base, excellent team, and marquee advertising partner relationships are key drivers behind this transaction. Together, I believe we can accelerate growth both in the US and internationally.”EGL’s services include full turnkey esports events, live broadcast production, game launches, and online branded tournaments. Moreover, the company provides brand owners and advertisers with the opportunity to promote products and services to a 18-35 core demographic.“We are extremely excited to be joining the Esports Entertainment Group family, it will give us an opportunity to push our technology and resources to further grow our client roster,” added Glen Elliott, CEO of EGL. “The vision Grant has around building an esports ecosystem is visionary for the industry and EGL is a perfect fit.”Esports Entertainment Group’s latest acquisition adds to its previous letter of intent to purchase certain assets of mobile games studio Flip Sports last month. Additionally, the firm has also recently completed the purchase of online betting and gaming operator Argyll Entertainment along with its operating subsidiaries.