Ticketmaster Acquires Leading Online Ticket Resale Marketplace GET ME IN!


LONDON, January 29 /PRNewswire/ --

- Acquisition Offers Consumers Greater Security, Reliability and
Convenience in Ticket Resale

Ticketmaster, the world's leading ticketing company, today
announced it has acquired GET ME IN! (http://www.getmein.com), a leading
independent web-based marketplace for music, sport, theatre and other live
entertainment event tickets in Europe. The acquisition represents a major
expansion of Ticketmaster's European ticket resale business.

Ticketmaster will create an integrated platform on which
consumers will be able to simultaneously review and compare ticket
availability and pricing in the primary and resale categories. Ticketmaster
plans to build upon its existing TicketExchange offering, working closely
with clients to offer ticket validation and electronic ticket delivery to
fans purchasing in the exchange and resale marketplace. The acquisition of
GET ME IN! by Ticketmaster follows the recent All Party Select Committee's
recommendation for a "middle way" in which the live entertainment industry
works with the resale sector to provide added consumer protection.

Over the next few months, Ticketmaster will also work closely
with its venue, promoter and other clients to look for innovative ways of
allowing all parties involved in bringing live entertainment to an audience
to share in the economic value of the exchange and resale market.

"We believe that the best we can do for our consumers, clients
and the UK live entertainment ticketing industry is to actively engage the
exchange and resale sector of the market. We look forward to working with GET
ME IN! to provide consumers with the highest levels of choice, protection and
service and to keep the value of a ticket as much as possible where it
belongs, within the live entertainment industry," said Chris Edmonds,
Managing Director of Ticketmaster UK.

Tommy Higgins, Executive Vice President of Ticketmaster Europe
added, "This is a significant development of Ticketmaster's services to our
clients and consumers in the UK, and it is the first step in our commitment
to deliver secure exchange and resale services across Europe."

"GET ME IN! is one of the most popular resale websites in
Europe," said Andrew Blachman, Chief Executive of GET ME IN! "Combining with
Ticketmaster will enable us to extend our services to a wider base and
provide even higher levels of service and security to fans of live
entertainment."

Launched in September 2003 by James Gray, Paul Montagne and
Don Hughes and based in London, GET ME IN! operates one of the largest open
marketplaces dedicated to live event tickets in the UK and Europe. Since
launching, GET ME IN! has served over 50,000 customers by providing a safe
and trusted environment for ticket resale, and guaranteeing each and every
transaction that occurs.

GET ME IN! will continue to operate from its London location
and Andrew Blachman will continue as General Manager. James Gray and Paul
Montagne will continue as Senior Directors.

Financial terms of the deal were not disclosed.

About Ticketmaster

Ticketmaster is the world's leading ticketing company,
operating in 20 global markets, providing ticket sales, ticket resale
services, marketing and distribution through http://www.ticketmaster.com, one
of the largest e-commerce sites on the Internet, and international Web sites
including Ticketmaster.co.uk; approximately 6,500 retail outlets; and 20
worldwide call centres. Ticketmaster celebrated its 30th anniversary in 2006
and currently serves more than 9,000 clients worldwide across multiple event
categories, providing exclusive ticketing services for hundreds of leading
arenas, stadiums, performing arts venues, museums, and theatres. In 2006, the
company sold more than 128 million tickets valued at over US$7 billion on
behalf of its clients. Ticketmaster is headquartered in West Hollywood,
California and is an operating business of IAC (NASDAQ: IACI).

About GET ME IN!

GET ME IN! is the leading open marketplace dedicated to
tickets in the UK and Europe. Fans can buy and sell live entertainment
tickets for sport, music, theatre and other live events - at open market
prices - in a safe and trusted environment on GETMEIN.com. GET ME IN!
guarantees every transaction by vetting sellers, managing shipment of
tickets, and withholding payment to sellers until a buyer has safely received
tickets. GET ME IN! was founded in 2003 and has served over 50,000 customers
since launch. Visit http://www.GETMEIN.com for more information.

© PR Newswire Association LLC.

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