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FanSnap Announces Biggest Sports and Concert Tickets Stories of 2009

(December 31, 2009)

PALO ALTO, CA -- (Marketwire) -- 12/31/09 -- FanSnap®, the live event ticket search engine for fans, today unveiled the live event stories that had the largest impact on live event ticket values in 2009.

"FanSnap.com searches dozens of the leading ticket providers, making it fast and easy for fans to find the tickets they desire at the best value," said Mike Janes, CEO and co-founder of FanSnap. "The ticket market is not unlike the stock market, with both individuals and professionals buying and selling, and where market values are set by the balance of supply and demand."

There was no lack of news in 2009 that impacted ticket values. In the world of sports, the unfolding Tiger Woods story, Michael Vick's reinstatement and signing by the Eagles, Shaq's move to the Cavaliers, and Manny Ramirez's fifty game suspension from the Dodgers were all big news but:

The #1 sports tickets story in 2009 was the courtship and signing of Brett Favre by the Minnesota Vikings.


Rumors that Brett Favre might come out of retirement kept market prices for Minnesota Vikings tickets in the weeks around the fourth of July at about $125. On July 29th, however, Favre announced that he would stay retired -- sending Vikings tickets market prices down to $103 the week of August 9th. On August 19th, Favre reconsidered and signed with the Vikings, whose ticket market prices rose and have stayed at about $150 since.

Concert tickets too were in the news in 2009. U2 tickets for their stadium tours were in huge demand. Blink 182 reunited and toured for the first time in years. The Weezer, Aerosmith, and Elton John/Billy Joel tours were interrupted by a bus crash, stage fall, and the flu, respectively. Kanye West's interruption of the MTV Video Music Awards (VMAs) led to the end of the planned 'Fame Kills' tour with Lady Gaga, who is now headlining her own highly successful tour. Lady Gaga tickets are among the hottest concert tickets currently found with FanSnap. All exciting, but Kanye's antics had another impact:

The #1 concert tickets story in 2009 is the rapid rise in popularity of Taylor Swift immediately following the VMAs

Market prices for Taylor Swift tickets during the summer had been holding steady at about $250. Immediately after the VMAs on Sep 13th, Taylor Swift ticket market prices rose to as high as $317 as demand exploded. Of course, demand creates supply as the Taylor Swift camp has subsequently added 34 dates to their tour, which is moderating market prices.

The FanSnap ticket search engine includes several industry-first features, the most prominent being its patent-pending dynamic FanSnap Maps(SM), which help fans to:

-- Determine at-a-glance the ticket price range by section, using colored "heat map" markers

-- Zoom into the interactive venue maps, and see the ticket offers from numerous providers placed in clearly labeled rows

-- View at-a-glance the "Best Value Tickets" -- the lowest price tickets available in key areas of the venue, easily identified as blue stars on the FanSnap Maps

-- Share events and even actual ticket listings via Facebook, Twitter, or email

In October, FanSnap was named to the "PC World 100: Best Products of 2009." In August, FanSnap was also named winner of the "Most Innovative New Search Engine" category of the Search Engine Watch (SEW) Awards 2009.

About FanSnap

FanSnap is the live event ticket search engine for fans. Our mission is to provide the most comprehensive, accurate, fast and easy-to-use resource for fans to find the tickets they desire to sports, concerts, and theatre events. FanSnap provides free ticket search results for dozens of the leading ticket providers, including TicketNetwork, StubHub, RazorGator, Las Vegas Tickets, Gold Coast Tickets, eBay, Barry's Tickets, AllShows.com, and Ace Ticket. Our detailed ticket-level search results are made possible by the combination of strategic industry partnerships and systems integration, as well as our FanSnap TicketData(SM) systems and patent-pending dynamic FanSnap Maps(SM). FanSnap.com is also optimized for iPhone access. Palo Alto, CA-based FanSnap was founded in 2007 and is funded by General Catalyst Partners and Highland Capital Partners.

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PRESS CONTACT
Christian Anderson
christian@fansnap.com
m: (206) 251-3469
http://FanSnap.com/blog
http://twitter.com/FanSnap


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