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StubHub : Named Exclusive Ticketing Partner of CBS Sports Digital

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06/22/2017 | 08:07pm CEST

SAN FRANCISCO, June 22, 2017 /PRNewswire/ -- StubHub, the world's largest ticket marketplace, and CBS Sports Digital, announced a cross-platform content partnership making StubHub the exclusive ticketing partner of CBSSports.com, 247Sports and MaxPreps.

Direct ticket links to tickets on StubHub will be integrated into CBS Sports Digital's multi-platform offerings for 247Sports, MaxPreps, CBSSports.com and the CBS Sports apps for mobile. CBS Sports Digital offers fans live and on-demand video, in-depth analysis, breaking news, scores and statistics. The cross-platform integration with StubHub will provide fans who are already consuming sports scores, news and analysis with a direct connection to easily find and buy tickets for upcoming events.

"As the home of some of the biggest events in sports, CBS Sports Digital expands StubHub's access to meet consumers where they are, anytime, anywhere, to provide access to the live events that they love," said StubHub Head Global Media and Distribution David Pierotti. "We're thrilled to partner with and integrate with CBS Sports Digital and look forward to a creative collaboration."

"We are pleased to announce StubHub as the exclusive ticketing partner of CBS Sports Digital," said Senior Vice President and General Manager of CBS Sports Digital Jeff Gerttula. "Our partnership with StubHub offers CBS Sports Digital fans a simple and convenient way to get tickets to watch their favorite sports teams."

The partnership is live, with links live throughout CBSSports.com's desktop and mobile platforms, as well as 247Sports.com and MaxPreps.

About StubHub
At StubHub, our mission is simple: help fans find fun. We connect fans with their favorite teams, shows and artists and introduce them to the ones they'll love next. As the largest ticket marketplace in the world, we enable fans to buy and sell tickets to tens of thousands of events, whenever they want, through our desktop and mobile experiences, including our StubHub app for iPhone, iPad, Apple Watch and Android. Offering a superior fan experience at its core, StubHub reinvented the ticket resale market in 2000 and continues to lead it through innovation. Our industry firsts include the introduction of the first ticketing application, the first interactive seat mapping tool and the first live entertainment rewards program, Fan Rewards(TM). Our business partners include more than 130 properties in MLB, NBA, NHL, MLS and NCAA, plus AEG, AXS and Spectra Ticketing & Fan Engagement. With the acquisition of Ticketbis in August 2016, throughout the world, StubHub provides the total end-to-end event going experience. StubHub is an eBay company (NASDAQ: EBAY). For more information on StubHub, visit StubHub.com or follow @StubHub on Twitter, Facebook and Instagram or YouTube.com/StubHub.

About CBS Sports Digital
CBS Sports Digital covers the full spectrum of sports, from preps to pros, and provides premium content across all digital screens. A division of CBS Interactive, CBS Sports Digital was the fastest-growing top-10 digital sports property of 2016, according to comScore. With a focus on serving fans live coverage every day, CBS Sports Digital offers exclusive access to the biggest sports events, live and on-demand video, in-depth analysis, breaking news, scores and statistics, and a wide range of fantasy games and advice. CBS interactive, a division of CBS Corporation, is the world's largest publisher of premium digital content and a perennial top 10 internet company.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/stubhub-named-exclusive-ticketing-partner-of-cbs-sports-digital-300478547.html

SOURCE StubHub

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Financials ($)
Sales 2017 9 410 M
EBIT 2017 2 723 M
Net income 2017 2 204 M
Debt 2017 321 M
Yield 2017 -
P/E ratio 2017 17,18
P/E ratio 2018 19,67
EV / Sales 2017 4,07x
EV / Sales 2018 3,67x
Capitalization 38 012 M
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Number of Analysts 37
Average target price 35,8 $
Spread / Average Target 1,9%
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Devin N. Wenig President, Chief Executive Officer & Director
Thomas J. Tierney Chairman
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Stephen Fisher Chief Technology Officer & Senior Vice President
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