StubHub to Donate All Profits from Secondary Ticket Sales of Garth Brooks Concerts to The Community Foundation of Middle Tennessee
By: eBay Inc. Staff
Benefit Concert Proceeds to support Tennessee Flood Victims
SAN FRANCISCO--(BUSINESS WIRE)--StubHub, the world's largest ticket marketplace, announced today that the company will donate its profits from the upcoming series of Garth Brooks charitable concerts at Bridgestone Arena in Nashville, TN to the Community Foundation of Middle Tennessee, the artist's intended beneficiary. StubHub will not profit from any ticket sales to the event.
“We strive to provide a first-in-class experience for our fans and have chosen to donate our profits from Garth tickets to The Community Foundation of Middle Tennessee for this event, rather than removing ticket listings and turning fans away”
"We strive to provide a first-in-class experience for our fans and have chosen to donate our profits from Garth tickets to The Community Foundation of Middle Tennessee for this event, rather than removing ticket listings and turning fans away," said Chris Tsakalakis, President of StubHub. "In keeping with the original intent of the concert, we want to be sure that any StubHub profits from Garth Brooks’ show go directly to Tennessee families."
To date, the Community Foundation of Middle Tennessee has already awarded $5.43 million in flood relief grants and allocations to more than 100 organizations providing flood recovery services. StubHub’s donation will be included in grants to local nonprofit organizations that are working to rebuild Middle Tennessee after May’s floods.
Garth Brooks’ charity concerts will be held on December 16th, 17th, 19th, 20th, 21st, and 22nd at Bridgestone Arena in Nashville, TN. To donate to the Flood Relief, please visit http://www.cfmt.org/floodrelief/
StubHub is the world's largest ticket marketplace, enabling fans to buy and sell tickets to tens of thousands of sports, concert, theater and other live entertainment events. StubHub reinvented the ticket resale market in 2000 and continues to lead it through innovation. The company's unique online 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 by StubHub and backed by the company’s FanProtect Guarantee™. Company partners include the New York Yankees, Washington Redskins and the University of Southern California along with nearly 60 teams in the NFL, MLB, NBA, NHL and NCAA, complemented with companies such as ESPN and AOL.
StubHub is an eBay company (NASDAQ:EBAY). For more information on StubHub, visit www.stubhub.com