Expedia & Ticketmaster Form Strategic Alliance

Expedia, Inc.
(Nasdaq: EXPE), the
world`s leading online travel company, and Ticketmaster (Nasdaq: TMCS), the
world`s leading ticketing and access company, today announced a strategic
alliance. The agreement includes:

- the creation of Citysearch`s new Getaways Channel - a content area
    that enables site visitors to plan and book trips using an
    Expedia.com(R) booking tool;

- the addition of Citysearch local content to Expedia.com;

- the availability of selected Ticketmaster event tickets, such as “Rent”
    on Broadway, within Expedia(R)`s customer-built trips.

The alliance marks the first time that the two USA Interactive
(Nasdaq: USAI) companies, Expedia and Ticketmaster, have announced a
significant collaboration to benefit their customers.
“Today`s announcement marks the beginning of a momentous alliance in which
consumers are the big winners, as Expedia and Ticketmaster marry the best of
our offerings to help travelers at every step of their trip—from planning
and booking travel to researching activities at their destination,” said
Erik Blachford, president of Expedia, North America. “Every month, nearly
seven million people use Citysearch to help plan their weekend activities, and
Expedia is the perfect partner to provide the tools and deals they need for a
quick getaway, including access to our inventory of specially negotiated and
discounted airfares.”
The Getaways Channel is available as a tab in the navigation menu at the
top of all Citysearch city guides. As consumers use the site to find and plan
what they want to do in their hometown or in cities they want to visit, they
can click on Getaways, where they will find an Expedia.com booking tool to
shop for and purchase flights, hotels, car rentals, cruises, and vacation
packages. Citysearch users can also quickly find discounted hotel rooms to top
destinations, and view special promotions and other travel deals.
“The Getaways Channel is about customers going on a regional trip or
vacation, whether that means hopping on a short flight or taking a road trip
for a three-day weekend,” said John Pleasants, president and CEO of
Ticketmaster. “To serve those travelers, we have combined the power of
Citysearch functionality and content with Expedia`s award-winning booking
engine. Expedia has also shown the ability to secure great deals for
travelers, and it`s a win-win opportunity that we can pass along these
discounts to Citysearch.com visitors.”
Through the alliance, Citysearch will also become a preferred provider of
local content on Expedia, distributing information on attractions,
restaurants, music and nightlife, sports and recreation, and shopping. The
Citysearch content and expert recommendations, which will be available on
Expedia.com later this summer, will enhance the richness of Expedia`s
destination information and provide travelers with more insight on what to do
on their trips.
“Travelers use Expedia not only to book their trips, but to research what
they can do and where they might visit when they reach their destination,”
Blachford said. “Citysearch is the expert in events to attend, attractions to
see, and places to visit, and that content will benefit Expedia`s customers.”
Expedia and Ticketmaster have recently worked together to sell live event
tickets to customers booking a trip on Expedia.com. Expedia customers
traveling to Orlando, Fla. earlier this year had the option of purchasing
tickets to see an Orlando Magic basketball game, while those traveling to
New York can currently add tickets to see “Rent” on Broadway to their travel
“Expedia and Ticketmaster are working to provide a seamless shopping
experience for everything travelers might want to do once they book their
trips—from tickets to sporting events and concerts to theatrical
productions,” Pleasants said. “Our earlier collaborations have proven
successful, and we look forward to continuing to provide even more options
that round out people`s trips.”