StubHub

You would be hard pressed to turn on Walt Disney Co (NYSE: DIS)'s ESPN today and not see the pundits talking about the San Diego Chargers' decision to leave its home of 55 years in favor of L.A. Unexpected Winner While the decision has been controversial, it has been in the works for over 15 years...

Kanye West’s controversial Donald Trump comments have put the nail in the coffin of his Saint Pablo Tour, after announcing the 21 remaining tour dates were canceled. West is leaving over $30 million on the table following the cancellation of one of the most popular tours of the year. Not...

A day after eBay Inc (NASDAQ: EBAY) provided a downbeat forecast for the fourth quarter against the earnings beat in the third quarter, analysts are rushing to share their comments. In Thursday's regular trading, the stock was seen consistently down more than 10 percent. However, most brokerages...

Axiom's Victor Anthony recommended approximately a year ago that investors should buy eBay Inc (NASDAQ: EBAY)'s stock over Paypal Holdings Inc (NASDAQ: PYPL) after the company separated itself into the two units. The analyst revisited his thesis in a report on Tuesday and reaffirmed his...

It has been a year since Paypal Holdings Inc (NASDAQ: PYPL) broke off from parent company eBay Inc (NASDAQ: EBAY) with its own IPO after surpassing the e-commerce pioneer in value. Once seen as synonymous with e-commerce, eBay has been seen as a casualty of Amazon.com, Inc. (NASDAQ: AMZN)'s...

StubHub announced this week it won a major contract with MLB's New York Yankees. The news is notable as the eBay Inc (NASDAQ: EBAY)-owned ticket selling company edged out rival Ticketmaster. According to AM New York, the deal involves a 6.5-year revenue-sharing agreement with the Yankees to resell...

Benchmark's Daniel Kurnos reiterated eBay Inc (NASDAQ: EBAY) at Buy, with a price target of $29.00. The reiteration largely surrounds ticket selling StubHub's undervaluation, according to the analyst. "Given eBay's over-weighted revenue and profit contribution from the Marketplace segment, we think...

The NHL's Los Angeles Kings won two Stanley Cups in recent history and are leading the fight against scalping companies that drive up prices for their own profit and drive away faithful fans from attending games. According to the Wall Street Journal, the LA Kings communicated its new resale policy...

StubHub has officially become the first NBA jersey advertiser. Starting in the 2017–2018 season, StubHub will be paying $5 million per year to have its logo features on the Philadelphia 76ers jerseys. In coming months, it’s likely that a number of other NBA jersey sponsorship deals...

The Philadelphia 76ers are the first NBA team to act on the league's recent approval of jersey sponsorships as part of a three-year pilot program. StubHub CEO Scott Cutler said "This is a strategic beachhead property for us… We want to be more a part of the emotional experience...

Ticket company StubHub has signed the NBA's first jersey ad deal and will have its logo on Philadelphia 76ers jerseys beginning in the 2017-18 season. The deal comes after the NBA on April 15 approved the sale of jersey sponsorships as part of a three-year pilot program. An ESPN report...

Shares of eBay Inc (NASDAQ: EBAY) rose more than 13 percent following its third-quarter results. EBay earned $0.43 per share in its third quarter – $0.03 more than analysts expected. Revenue of $2.1 billion matched the $2.1 billion analysts were looking for. Wall Street experts were...

In a report published Tuesday, BMO Capital Markets analyst Paul Condra discussed the U.S. online payment services industry, noting that strong and sustainable growth rates are expected over the mid-term as online commerce continues to grow. Condra estimated the total revenue opportunity for...

Comparison shopping websites have become a popular part of the travel industry, as most travelers use sites like Expedia Inc (NASDAQ: EXPE) to compare the prices of flights and hotels. However, SeatGeek is taking that model and applying it to event ticket sales, and it appears to be working....