Donald Vaccaro is the chief executive officer of TicketNetwork.
TicketNetwork is a large online ticket exchange that services venues from sporting events to shows to concerts. It provides access to more $1 billion in ticket inventory.
It maintains its corporate headquarters in South Windsor and has some of its 300-plus employees in Vernon.
When asked what the most popular tickets are, Vaccaro did not hesitate to say sporting events. Here are five other questions from the Executive Suite regarding his industry.
1. Does TicketNetwork sell or hold tickets itself?
''No it does not. However, tickets are listed and available on our online exchange by ticket sellers. TicketNetwork is an online exchange where ticket sellers and buyers meet to exchange tickets. Prices are determined by the ticket sellers. Prior to purchase, ticket buyers agree to buy tickets at the prices listed on the Web site.''
2. Is it legal to resell tickets?
''Yes. Reselling tickets is legal in more than 45 states, including Connecticut.''
3. Why does the secondary ticket market exist?
''Tickets on the secondary ticket market help venues fill extra seats that would otherwise be empty at events. Also, the secondary ticket market helps fans find last-minute tickets in the event they are sold out at the box office.''
4. Are last-minute tickets cheaper?
''Sometimes, last-minute tickets are sold below face value, based on demand. Tickets are also sometimes resold at a higher value than the original purchase price due to higher demand.''
5. Why are tickets sometimes available on TicketNetwork's Web site before they are available at the box office?
''Tickets listed on the TicketNetwork site can be obtained in advance by professional ticket brokers through fan clubs, VIPs, credit card promotions, promoters and friends of band members prior to when the public can buy tickets at the box office.''
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
