• more about

    #ticketmaster

    IAC down more than half a billion in second quarter

    Diller's Stepson May Lose His Front-Row Lakers Seats

    read more: #layoffs, #ticketmaster, #iac, #barrydiller, #valleywag

    Ticketmaster lays off an estimated 1,000 employees

    The layoffs are moving up the food chain, from the startups to the larger tech beasts. FuckedStartups writes that Ticketmaster is laying off 35 percent of its 3,000-plus staff, which squares with other reports I've heard. Ticketmaster is besieged with competition from concert promoter LiveNation, and was recently spun off by IAC. If I had to bet, I'd say these cuts have as much to do with removing the layers of cruft which accumulated under years of flitty mismanagement by IAC CEO Barry Diller as they do with the economy.


    Contact information for this author is not available.