Comcast Completes Paciolan Purchase
In-house ticketing provider Paciolan has a new home under the Comcast-Spectacor umbrella following an acquisition by the Philadelphia-based sports and entertainment firm.
Paciolan, previously a subsidiary of Live Nation Entertainment, was offered up to Comcast-Spectacor in January as a condition of the Department of Justice’s LN / Ticketmaster merger approval.
The deal will see the ticketing provider operate as a separate entity from Comcast-Spectacor’s own New Era Tickets division, a Paciolan-based system.
Paciolan currently provides in-house ticketing services to more than 200 college athletics programs, performing arts organizations, arenas, professional sports teams and museums. The company has listed events on Ticketmaster.com in the past to help clients reach the maximum number of consumers, and will continue to do so.
Comcast-Spectacor president Peter Luukko lauded the deal as an opportunity to present the company’s artist, venue and team clients with numerous ticketing solutions to meet their specific goals and objectives.
“Teams, entertainers, shows, and the venues in which they play or perform will be able to either license Paciolan technology directly or contract with our full-service ticketing company, New Era Tickets, for complete ticketing services,” Luukko said in a statement.
