Sean Moriarty Resigns From Ticketmaster Entertainment

Sean Moriarty Resigns From Ticketmaster Entertainment

WEST HOLLYWOOD, Calif., March 30 /PRNewswire-FirstCall/ -- Ticketmaster Entertainment, Inc. (NASDAQ:TKTM) today announced that Sean Moriarty, its President and the Chief Executive Officer of its Ticketmaster division, has left the company effective March 24, 2009. Mr. Moriarty has also resigned from the company's board of directors as of that date.

During Mr. Moriarty's tenure, Ticketmaster enjoyed significant growth both in the United States and abroad, and expanded the scope of its operations through acquisitions of companies including TicketsNow and Emma Entertainment, China's leading promoter of Western acts and largest ticketing agency, and strategic investments in businesses such as iLike and Echo Music.

"Sean's passion for the company and its people has been profound and his leadership, particularly driving product and technology innovation, has led Ticketmaster's transformation into a major global ecommerce player and created the foundation for Ticketmaster Entertainment to further transform live entertainment," said Irving Azoff, Chief Executive Officer of Ticketmaster Entertainment, Inc. and Chief Executive Officer of Front Line Management Group.

Barry Diller, Chairman of Ticketmaster Entertainment, added "Sean's contribution to Ticketmaster in various management roles over time, including his role as President and CEO, has helped make Ticketmaster the great organization that it is today. While we will miss Sean's leadership and vision, we are confident that the management team in place, led by Irving Azoff, will help Ticketmaster continue to grow and prosper."

"I'll always be grateful for my time spent at Ticketmaster with its truly outstanding people and I wish the company every success in the future," said Sean Moriarty.

Moriarty was an early member of the original Citysearch technology team and served Ticketmaster's predecessor, Ticketmaster Online-Citysearch, as director of Internet Systems for Citysearch. In addition, he was vice president of Internet Systems for both Citysearch and Ticketmaster.com. Moriarty became Executive Vice President of Product and Technology of Ticketmaster in 2000, and was named Chief Operating Officer in 2004. In 2005, Moriarty became President and COO, later becoming Chief Executive Officer in 2007.

About Ticketmaster Entertainment, Inc.

Ticketmaster Entertainment consists of Ticketmaster and Front Line Management Group. As the world's leading live entertainment ticketing and marketing company, Ticketmaster connects the world to live entertainment. Ticketmaster operates in 20 global markets, providing ticket sales, ticket resale services, marketing and distribution through www.ticketmaster.com, one of the largest e-commerce sites on the Internet; approximately 7,100 retail outlets; and 17 worldwide call centers. Established in 1976, Ticketmaster serves more than 10,000 clients worldwide across multiple event categories, providing exclusive ticketing services for leading arenas, stadiums, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. In 2008, the Company sold more than 141 million tickets valued at over $8.9 billion on behalf of its clients. Ticketmaster Entertainment acquired a controlling interest in Front Line in October 2008. Founded by Irving Azoff and Howard Kaufman in 2004, Front Line Management Group is the world's leading artist management company. Ticketmaster Entertainment, Inc. is headquartered in West Hollywood, California (NASDAQ:TKTM).

Source: Ticketmaster

CONTACT: Hannah Kampf of Ticketmaster Entertainment, +1-310-360-2602,
Hannah.Kampf@Ticketmaster.com

Web Site: http://www.ticketmaster.com/

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