CitySearch, Ticketmaster Join Forces

Share this article:
City guide producer CitySearch (www.citysearch.com), Pasadena, CA, will merge with Ticketmaster Online (www.ticketmaster.com) and form a new company called Ticketmaster Online-CitySearch, which will provide local content on the Internet and combine up-to-the-minute information services with an electronic commerce business.


CitySearch was planning an initial public offering of stock until it received the merger proposal and decided to postpone it in favor of the merger. The new company will file for an IPO after the merger. Under the agreement, CitySearch shareholders will remain shareholders of the new entity.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Target Better With Facebook, Sandberg Tells Marketers

Target Better With Facebook, Sandberg Tells Marketers

In earnings call, the COO claims Facebook is 44% more accurate than the industry average at targeting and promises increasing investment in ad tech.

Day One on the DMA2014 Show Floor

Day One on the DMA2014 Show Floor

Sprouting from the Direct Marketing Association convention today were retargeting refinements, rules for breach behavior, and, yes, some darn fine Brussels sprouts.

Customer Identity in the Digital Age

Customer Identity in the Digital Age

Industry experts explore the value in a person's cyber identity for marketers.