Ticketmaster Entertainment
Ticketmaster is the largest ticket marketplace globally, specializing in live event ticketing products and services. Founded in 1976 and operating in 29 countries, the company processes over 500 million ticket transactions annually through its website and app. As the official ticketing partner for major sports leagues and artists, Ticketmaster has established itself as a leader in the industry, particularly through its technology innovations. It was one of the first companies to sell tickets online and has since introduced features like the Verified Fan program to combat ticket bots and ensure fair access to tickets. In 2017, Ticketmaster launched Presence, a digital engagement platform that enables mobile ticketing, and later introduced SafeTix, which enhances ticket security. The company has acquired multiple ticketing and technology firms to expand its offerings and capabilities, including Ticketron and Universe, and has invested in facial recognition technology to improve event access. Ticketmaster's merger with Live Nation in 2010 further solidified its position in the live entertainment sector.
Echomusic operates as an online advertising and branding platform that focuses on fostering connections between fans and their favorite artists, athletes, teams, and venues. The company offers a variety of services, including web-based sites and fan clubs, as well as the digital distribution of music and merchandise. In addition to its core offerings, Echomusic promotes a lifestyle brand associated with casual wear, encapsulated by the slogan "Love Sports Love Fashion." Through its innovative platform, Echomusic aims to enhance fan engagement and create meaningful interactions in the realms of sports and entertainment.
Born out of Garageband.com, iLike is a social music discovery site. Valued at $53.2 million in December of 2006, iLike has been funded by the likes of former MTV CEO Bob Pittman and at the time of the valuation, by Ticketmaster (IAC) which took control of 25% of the company for $13.3 million. According to iLike, it promotes music democracy by exposing artists that users have not heard of, but may like according to their listening habits. Similar to [Last.fm](http://crunchbase.com/organization/Last.fm), iLike catalogs what you listen to through iTunes (and now other players) with a downloadable application. What users listen to on itunes shows up in their iLike profile in categories defined by quantity and how recent a song has been played. In addition to displaying your own listening information, iLike tries to match you up with other iLike users who have similar tastes in music. iLike has links to buy songs or albums from Amazon and iTunes, but also offers free downloads from many independent musicians.
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