Tech Industry

Short Take: Ticketmaster sees growth in online ticket sales

Ticketmaster Group says it is experiencing rapid growth in online ticketing, having sold nearly 400,000 tickets worth over $16.7 million in the fourth quarter ended January 31, 1998. According to the company, sales through the Ticketmaster Online service accounted for approximately 2.5 percent of fourth-quarter business, and 22 percent of the tickets sold online represent new business to Ticketmaster.

Ticketmaster Group says it is experiencing rapid growth in online ticketing, having sold nearly 400,000 tickets worth over $16.7 million in the fourth quarter ended January 31, 1998. According to the company, sales through the Ticketmaster Online service accounted for approximately 2.5 percent of fourth-quarter business, and 22 percent of the tickets sold online represent new business to Ticketmaster.