WEST HOLLYWOOD, Calif. and ATLANTA, April 2, 2009 (GLOBE NEWSWIRE) -- Ticketmaster, a Ticketmaster Entertainment, Inc., (Nasdaq:TKTM) operating business, and Ovations Management Solutions (Ovations), the leader in corporate ticket management, today announced an exclusive North American partnership that provides a more friendly and easy-to-use application for managing corporate clients' ticket inventory. With this new partnership, Ovations' corporate clients will gain direct access to Ticketmaster's full range of entertainment categories -- including concerts, professional sports, college sports, theatre, performing arts, and other live exhibitions -- via direct links on Ovations' customized platform.
Ticketmaster will be the exclusive provider of tickets within Ovation's innovative corporate ticket management software solution. Ovations' clients will be able to access, browse, and purchase tickets to the hottest shows, games, and exhibits available on Ticketmaster.com.
"Effectively managing corporate assets and client entertainment costs is increasingly important to organizations -- especially in this economic environment," said Enoch Prow, chief executive at Ovations. "With Ovations partnership with Ticketmaster, our clients will benefit with enhanced one-stop ticket management capabilities, as well as increased efficiency in terms of time savings, compliance reporting, and automated data collection."
"Ticketmaster's partnership with Ovations gives our corporate clients the ability to more effectively manage their in-house ticket inventory," said Greg Consiglio, Ticketmaster's Senior Vice President, Business Development. "Ticketmaster and Ovations will be providing the business community the ideal solution for access to tickets as well as management, tracking and reporting."
Ticketmaster's corporate clients also will benefit from this new partnership. They will have access to Ovations' comprehensive online ticket management tool providing increased accountability of ticket inventory.
Ovations developed a well-received on-line environment that is now used by more than 15 major corporations, including Ticketmaster. Ovations is the leader in the corporate ticket management space with major clients across multiple industries, including: Communications; Entertainment; Financial; Food and Beverage; and Technology.
Additional terms of the agreement were not disclosed.
About Ovations Management Solutions (Ovations)
Ovations Management Solutions is the leader in technology based corporate entertainment ticket and asset management. Through the integrated solution of an ASP and world class industry experts, Ovations pioneered a one channel solution for clients to manage, track and report on spend and use of those assets and tickets. Founded in 2001, Ovations serves Fortune 500 companies across multiple industries, including Communications, Entertainment, Financial, Food and Beverage, and Technology. Ovations' clients are worldwide and use the Ovations solution to manage professional sports, college sports, performing arts, theatre, theme parks and airline assets, just to name a few. Ovations is headquartered in Atlanta, Georgia. For more information, visit ovationsmanagement.com.
About Ticketmaster Entertainment, Inc.
Ticketmaster Entertainment consists of Ticketmaster and Front Line Management Group. As the world's leading live entertainment ticketing and marketing company, Ticketmaster connects the world to live entertainment. Ticketmaster operates in 20 global markets, providing ticket sales, ticket resale services, marketing and distribution through www.ticketmaster.com, one of the largest e-commerce sites on the Internet; approximately 7,100 retail outlets; and 17 worldwide call centers. Established in 1976, Ticketmaster serves more than 10,000 clients worldwide across multiple event categories, providing exclusive ticketing services for leading arenas, stadiums, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. In 2008, the Company sold more than 141 million tickets valued at over $8.9 billion on behalf of its clients. Ticketmaster Entertainment acquired a controlling interest in Front Line Management Group in October 2008. Founded by Irving Azoff and Howard Kaufman in 2004, Front Line Management Group is the world's leading artist management company. Ticketmaster Entertainment, Inc. is headquartered in West Hollywood, California (Nasdaq:TKTM).