StubHub (an eBay Company) and MLB Advanced Media Forge Long-Term Online Secondary Ticketing Partnership
Historic Agreement Designates StubHub as Official Secondary Ticket Marketplace through 2012
August 2, 2007 -- StubHub, the world's largest ticket marketplace, today announced that it has reached a five-year agreement with MLB Advanced Media LP (MLBAM), the interactive media and Internet company of Major League Baseball, to become the official online provider of secondary tickets for MLB.com, the official website of Major League Baseball. The terms of the agreement were not disclosed.This landmark partnership represents unparalleled integration of a secondary ticketing provider and a major professional sports entity. Effective immediately, the agreement will provide a co-branded secondary ticket marketplace that will serve as a singular online destination for fans to purchase tickets with StubHub being designated the Official Ticket Marketplace of MLB.com.
"We believe this agreement reflects our commitment to providing dynamic platforms for fans to purchase tickets in authorized locations in the digital arena," said Bob Bowman, President and Chief Executive Officer, MLB Advanced Media. "Secure, simple and fan-friendly. Those are the hallmarks of this national destination for all of our fans."
Starting with the 2008 season, StubHub will gain unprecedented category exclusivity from MLBAM with its designation, along with official, club-endorsed status from each participating Major League Baseball team. Exclusivity will pertain to all online secondary ticket sales through MLB team sites supplanting other current secondary solutions. All existing team enabled online secondary ticket offerings will be assumed by StubHub, enabling for all bar code ticketing, ticketing kiosks and any other electronic/mobile ticketing delivery, validation and transfers. Additional elements include promotion of the ticket marketplace on MLB.com and participating club sites as well.
"This partnership truly represents a win-win for both parties, in the best sense of the phrase," said Chris Tsakalakis, President of StubHub. "The chance for StubHub to align with such a dynamic industry leader is an opportunity we relish. On the other side, we're excited to offer MLB.com access to our industry leadership, be it in ticket inventory, customer service or technology. It's a great day for both companies."
StubHub's unique, unrestricted marketplace, dedicated solely to tickets, provides fans the choice to buy or sell their tickets in a safe, convenient and guaranteed environment. The company's best of class customer service, FanProtectTM Guarantee and award-winning customer satisfaction are attributes that have made StubHub a destination for millions of ticket buyers and sellers.
About StubHub
StubHub is the world's largest ticket marketplace, enabling fans to buy and sell tickets at fair market value to a vast selection of sporting, concert, theater and other live entertainment events, even those that are "sold out." StubHub reinvented the ticket resale market in 2000 and continues to lead through innovation. The company's unique open marketplace, dedicated solely to tickets, provides all fans the choice to buy or sell their tickets in a safe, convenient, and highly reliable environment. All transactions are processed and delivered via StubHub's patent-pending FanNetwork(SM) ticket delivery service, supported by seven-day toll free customer service at 1-866-STUBHUB, and backed by an industry-first FanProtect(SM) Guarantee. Company partners include dozens of sports teams in the NFL, NBA, NHL, leading NCAA athletic programs and numerous media companies including AOL and CBS.
StubHub is an eBay company (NASDAQ: EBAY). For more information on StubHub, visit www.stubhub.com
About MLB Advanced Media, LP
Established in June 2000 following a unanimous vote by the 30 Major League Baseball Club owners to centralize all of Baseball's Internet operations, MLB Advanced Media LP (MLBAM) is the interactive media and internet company of Major League Baseball. MLBAM manages the official league site, www.MLB.com, and each of the 30 individual Club sites to create the most comprehensive Major League Baseball resource on the Internet. MLB.com offers fans the most complete baseball information on the web, including up-to-date statistics, game summaries, extensive historical information, and exclusive features about Major League Baseball events and programs, including on-line ticket sales, baseball merchandise, authenticated memorabilia and collectibles, fantasy games, live and archived radio broadcasts of every game, live and archived video webcasts of entire games, pitch-by-pitch enactment of games, and hosted post-game video highlight shows.

