eBay Buys Stubhub for $310 Million

As far we have seen, the paperwork has not officially been signed, but eBay officials have told the press they agreed to acquire Stubhub for $310 million. We have not seen Stubhub officials quoted anywhere as confirming this information, but we did see one article in which Jeff Fluhr, CEO of Stubhub, said something along the lines of 'we think Stubhub is a good fit for eBay.'

It is unclear at this point what this will mean for us. Whatever happens, it will be most interesting to see where on the spectrum from non-integration to full integration the two sites fall. It doesn't seem to make sense that eBay would replace one platform with the other, but one never knows. At a minimum we would probably see some cross marketing which would make both sites more visible to each others customer lists.

Though a conglomeration this big may make some day sellers nervous, we like the idea of having a strong, unified company on our side to battle Ticketmaster in their quest to monopolize secondary market resale. For those of you that have been following it closely, Ticketmaster is making bed-fellows with law-makers in various states to write laws that would prevent any from re-selling tickets to an event UNLESS the reseller was under contract with the original venue.

We will keep an eye on this situation. Feel free to add you comments below if you have any.