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Ticketmaster offers fans refunds for concerts postponed due to COVID-19 pandemic [Los Angeles Times (CA)]

eBay Inc. (EBAY) 
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
The ticket retailer Ticketmaster is finalizing plans to issue refunds for up to 18,000 postponed events in the wake of the COVID-19 pandemic. Parent company Live Nation announced that refunds for those concerts, including stadium dates from Taylor Swift at the now-postponed opening of SoFi Stadium in Inglewood, will be open to fans requesting them starting May 1, for a 30-day period. The postponements, which affect shows scheduled through July, represent a big swath of the 55,000 events currently listed on Ticketmaster for 2020. Future cancellations and postponements will be dealt with at a later date. Fans can also choose an option to exchange tickets for up to 150% of the face value through Ticketmaster’s credit system for future shows, or donate tickets to healthcare workers. The same terms will apply to Live Nation events and those from its rival firm AEG, after weeks of negotiations with talent agencies and sports leagues. Ticketmaster has, so far, already canceled or postponed 3 Show less Read more
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