News.com, Forbes.com: Ticketmaster, an operating business of IAC InterActiveCorp, said it acquired a majority stake in Emma Entertainment Holdings HK, a provider of ticketing and event promotions services, to expand operations in China.
I don’t find this surprising at all…. Ticketmaster has already formed a joint venture with another company to do ticketing for the 2008 Beijing Olympics. This is just another way to gain entree into a very closed market, China.
And just you wait, you haven’t heard anything about it yet, but mark my words…. In the future, you will hear news about Ticketmaster moving into or buying something in India ;-)! You heard it here first!!!!