Live Nation summer sale allows fans to pick up four tickets for $80 If the button doesn't appear, is grayed out or you receive a message that the Event Organizer hasn't activated resale, your tickets aren't eligible for resale. When you list with us, we help manage your entire transaction, from listing, to transfers, to getting paid. If the button doesnt appear, is grayed out or you receive a message that the Event Organizer hasnt activated resale, your tickets arent eligible for resale.4. Sign into your My Account.2. 5. If I changed my mind, can I remove my listing on the Exchange? However, earnings in 2020 will likely come up short due to the widespread disruption from the pandemic. Once the tickets have been transferred back to you, please contact Fan Support to complete your request. It is no wonder that the company's stock is down. Can I list it for sale on the Exchange? Live Nation Live Nation logo. This includes the face value price set by the artist, plus any applicable fees and taxes. Once fans select the event they're interested in, they can look for the "Summer's Live 4 Pack" ticket type. Prime Day is a great time to get electronics at significant savings, including the latest laptops. Select your order in My Events.3.Tap Ticket Details on each of your tickets. Sign into your My Account.2. The below FAQs are subject toand any request for a refund or credit is governed byour Terms of Use, Purchase Policy, and the Terms Regarding Certain Canceled, Rescheduled and Postponed Events (COVID-19). Making the world smarter, happier, and richer. Do I have to pay a set-up fee to list my tickets? - Live Nation Help Once your tickets are returned to your account, you may have the option to request a refund or credit, keep your tickets for the event, or, if available, repost your tickets for sale. Make sure your account is up to date with a valid method of payment and a valid card on file to refund the buyer in case the event is postponed or canceled. Here are your options for selling more than two: 3 tickets - sell as 1 or 3 4 tickets - sell as 2 or 4 5 tickets - sell as 1, 2, 3, or 5 6 tickets - sell as 2, 4, or 6 7 tickets - sell as 1, 2, 3, 4, 5, or 7 I really do not want to have to pay taxes on on the nearly $3400 that is listed here. Sell your tickets with StubHub! Data Source: Live Nation financial reports. You can also find a comprehensive list of events with status and scheduling changes on our Event Status Update page. By continuing past this page you agree to our The presale allows members to buy tickets (online only) before they go on general sale. If you have sold your tickets for the canceled event through Ticketmaster.com, Ticketmaster.ca, or Livenation.com (i.e., you resold your tickets through one of those sites, and youve been paid for them), your credit card on file will be charged to refund the buyer of your tickets and if successful, the tickets will be placed back on your account. I bought a ticket on another site. Copyright 2023 Scripps Media, Inc. All rights reserved. During the peak summer period in the third quarter, revenue plunged 95% to just $184 million. In addition, your Tax Identification Number (TIN), which includes a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN), must be validated before we can pay you. Having the same issue in Sacramento with the greyed-out Transfer button. According to event organizers, pre-sales will begin on July 18 and tickets go on sale to the general public on July 19 through August 1, while supplies last. I sold all the tickets my friend didn't go to. You can fill out your Tax Seller Details. Hi All, I received a 1099-K from Live Nation Entertainment for "Payment Card and Third Party Transactions", which was a result of my resale of my season tickets to the Boston Celtics. NOTE: Resale prices often exceed face value. Well also automatically notify you via email if your tickets are sold. Review your listing and you're done. They go beyond that even; they sell proprietary software to the scalpers to mass buy and resell the tickets, which is why when so many tickets go "live" they're already sold out. But before the pandemic, Live Nation was a consistent winner. You should read those policies carefully before choosing any refund or credit option. SafeTix | Ticketmaster Calculated by Time-Weighted Return since 2002. Cookie Notice 4 concerts tickets for $80: Live Nation's Summer's Live sale is here Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. With social-distancing restrictions in place all over the world, there are no large events taking place, and the company has no way to make money. I haven't received anything from the state saying I filed incorrectly yet. Visit the FAQ How and when do I get paid for tickets I sell? John - Austin, Texas. The Motley Fool owns shares of and recommends Live Nation Entertainment. Learn more about selling your tickets instantly. If the button doesnt appear, is grayed out or you receive a message that the Event Organizer hasnt activated resale, your tickets arent eligible for resale.4. A check mark will appear in the box when selected. Yes, as long as your tickets havent been sold, you can remove your Exchange listing at any time. Visit the FAQ How and when do I get paid for tickets I sell? Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Its likely that other fans will only list their tickets once they are absolutely certain of a scheduling conflict, or last-minute issue preventing them from attending their event. For more information, please see our Live Nation - For Concert Fans on the App Store How do I edit or remove tickets listed for resale? The Motley Fool recommends Live Nation Entertainment. Credits may not be applied to previously placed orders and may not be redeemed to purchase tickets for the same event as the tickets in your original purchase for which you accepted the credit. Maroon 5 announces Las Vegas residency. Click the Sell button. With the Exchange, you have the flexibility to list one or all of your tickets. It's all up to Ticketmaster when they finally turn on . Sell Your Ticket at Ticketmaster | Concerts, Sports, Theater Could be outdated who knows, but I feel comfortable claiming this info on schedule C. Reddit, Inc. 2023. If you posted your tickets by barcode, you'll receive your payout typically within 5-7 business days after the event takes place. I bought a ticket on the Exchange and now I cant go. If available, select the tickets you want to sell and tap Continue.5. Skip the hassle by choosing the debit card payout option no verification process is required on your part. Can I sell my ticket on Ticketmaster? For the most up-to-date information regarding schedule changes and any credit and/or refund options, please sign into your online account, then select your event. Find your order in My Events.3. I just got a 1099-K tax form from Live Nation showing the money I got for reselling the tickets. Rick Munarriz has no position in any of the stocks mentioned. Through a twist of fate I got the opportunity to go live and work in Hawaii during the whole season and didn't get to go to a single game. Revenue rose 7% for Live Nation last year, with adjusted operating income growing twice as fast. 90s Pop Tour. This compares to $773 million in EBITDA (earnings before interest, taxes, depreciation, and amortization) generated during 2019. Concerts and other live events are fun social gatherings with scarce supply -- your favorite band will only perform in your city so many times in your lifetime. Have more questions? Perhaps a major musician could make a living selling albums in the past, but today, consumers primarily listen to music through digital streaming services. If an event is rescheduled or moved, your tickets (including any upgrades or add-ons, such as parking) are still valid for the new date and no further action is required. Some artists, teams or venues may not allow resale for certain rows, seats or events. Was just talking about this yesterday in regards to why I haven't seen Tool in 7+ years. Check out the. To make the world smarter, happier, and richer. Arts & Theatre How to Avoid Buying Counterfeit Broadway Theater Tickets Who determines how much I can sell my tickets for on the Face Value Exchange? Another piece of good news is that folks are still clinging to their concert tickets. Please Note: All requests for credits are final and cannot be changed once initiated. See our Purchase Policy for more information. Visit the FAQ 1099-K Form: Answers to Some Common Questions for more information. Please Note: All requests for refunds are final and cannot be changed once initiated. Robot vacuums make life easier. If that is the case, we will notify you of those options. I don't see any tickets available for purchase on the Face Value Exchange. In addition, your Tax Seller Details, which may include a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN), must be validated before we can pay you. Also, the season is split between 2018-2019 but I didn't get a form for the previous year. Tap the Sell button. Tickets may be listed up until one hour after the event start time. Please see our Purchase Policy for more information. Barcodes may not be visible if there is a ticket delivery delay or if you're viewing them through your digital wallet. How do I know if I can sell my tickets? Please note that any refund and/or credit policies are determined on an event-by-event basis by the Event Organizers, and may be subject to limitations set by the Event Organizer. Tap Remove Listing.5. Live Nation should also benefit from pent-up demand for concerts and events once the pandemic is over, but in the meantime it has to endure what's likely to be several months of restrictions around the world as cases are still rapidly rising in places like the U.S. and Europe. The barcode is typically located under the barcode symbol. Once your direct deposit account is verified, you wont have to do this again unless your account info changes. 1. Here's how to get the Live Nation ticket refund. Click the Sell button. Let's take a closer look at the good and the bad before deciding if this is a stock worth adding to your portfolio right now. For your convenience, we have gathered, below, a list of answers to questions you might have about COVID-19 impacted events. Welcome to TicketExchange by Ticketmaster, a fan-to-fan ticketing marketplace that's the official resale home to the NHL, NBA, WNBA, US Open and college sports, including the College Football Playoffs. If youre getting paid by direct deposit into your bank account and this is your first time using that account, for your security youll have to verify 2 small deposits. Terms of Use, How Ticketmasters Face Value Exchange Works, In order to resell tickets for events in the U.S., you must have a U.S. bank account. As of the end of 2019, the company had $3.3 billion in debt outstanding and $2.5 billion in cash. Here are the Apple items still discounted today after Amazons official Prime Day event ended. Returns as of 07/13/2023. Solved: 1099-K tax entry - from Live Nation Entertainment - Intuit If the Event Organizer changes the status of an event, we will send you a notification explaining your options. Is there a deadline to list my tickets for sale on the Face Value Exchange? Enterprising investors may want to buy shares while the stock is down nearly 50% year to date, but there is still much uncertainty and risk around how long it takes countries to bring the pandemic under control. Sign into your My Account.2. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. 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Here's the Live Nation Refund Policy for Tickets. Sign into your My Account.2. Summer's Live offers include tickets to the following shows at the following Las Vegas venues: Bakkt Theater at Planet Hollywood Resort & Casino. An encouraging 86% of folks holding tickets to rescheduled shows are going to ride it out without a refund. The cost of the tickets isn't the only issue. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Tell us how you'd like to get paid.6. Discounted offers are only available to new members. Invest better with The Motley Fool. Your buyer would be screwed. If you're selling two tickets, they'll always be sold as a pair. The amount of the credit will not include any additional add-ons or upgrades included in your original purchase (such as parking), which will be refunded to your original method of payment used at time of purchase. Most of my payments were in 2018 (I was on a 11-month payment plan). Find your order in My Events.3. However, when your tickets are sold, a service fee is collected from the total selling price of your tickets. That model helped the company deliver nearly $1 billion in adjusted operating income last year on $11.5 billion in revenue. These deposits may take 35 business days to appear after your tickets sell. Watch the latest KTNV 13 Action News Las Vegas headlines any time. How do I print tickets I bought online? - Live Nation Help Why cant I change the price of my ticket when I list it for sale? 1. It manages many popular artists and is able to demand that venues that host its events use Ticketmaster. Also, the cash held isn't exactly cash the company can keep -- $837 million of it is related to tickets sold for events that have not yet occurred and charges owed to clients. Revenue through . Choose to list one or all your tickets for the price you paid.5. If you received a 1099-k from ticketmaster (live nation worldwide) for selling tickets it's most likely incorrect Been trying to work through this bullshit all day with them. Threads: What to Know About Instagram's 'Twitter Killer' App - The New Through a twist of fate I got the opportunity to go live and work in Hawaii during the whole season and didn't get to go to a single game. Timing may vary. Find your order in the My Tickets section and click See Details.3. You can fill out your Seller Tax Details, 1099-K Form: Answers to Some Common Questions, Third-Party Resale Tickets: Everything You Need to Know, Do Not Sell or Share My Personal Information. Based on my state rules, I'm not required to report the income on my Federal taxes as I didn't meet the gross amount minimum. Luis Sanchez has no position in any of the stocks mentioned. Yes, you can sell that ticket on the Exchange to another fan for the same price you paid. 3. Market-beating stocks from our award-winning analyst team. However, Live Nation is operating in a much different environment now, and the company has been forced to borrow to fund the business during the pandemic. Review your listing and youre all set. The COVID-19 pandemic has negatively affected virtually every company -- large and small -- but Live Nation Entertainment (LYV 1.49%) has been hit particularly hard. Go to Ticketmaster.com and sign in to My Account.
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