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RealTime IT News

E*TRADE, Ticketmaster Partner

[Toronto, CANADA] E*TRADE Canada has made an alliance with Ticketmaster Canada that will extend its brand and service to hundreds of thousands of concert, theater, and sporting event ticket buyers all over Canada.

As part of the agreement, Ticketmaster Canada customers will receive a $100 gift certificate redeemable with Ticketmaster Canada when they open a new E*TRADE Canada account.

The offer will be distributed to Ticketmaster Canada customers through E*TRADE Canada branded ticket wallets and E*TRADE Canada branded mailing inserts.

Approximately seven million tickets are sold every year through Ticketmaster Canada to over 10,000 events.

The percentage of tickets sold over the Internet by Ticketmaster has grown from 2% in 1997 to 21% in the first six months of 2000 and the number is expected to increase before the end of the year.

"Ticketmaster Canada is a company that, like E*TRADE Canada, has readily embraced the Internet as a means of serving the Canadian consumer and we look forward to exploring other opportunities with Ticketmaster Canada in the future," said Bruce Seago, Chief Operating Officer of E*TRADE Canada.

E*TRADE Canada has established a popular destination Web site offering independent investors automated stock, option and Canadian mutual fund trading at low commission rates.

It has a suite of personalized investing tools, including portfolio tracking, Java-based charting and quote applications, real-time stock quotes, market commentary and analysis, current news, and other information services.

Ticketmaster Canada is the nation's leading computerized ticketing service and has served Canada's entertainment industry for over 30 years.