StubHub Launches International Philanthropic Program ‘Rising Stars’

  StubHub Launches International Philanthropic Program ‘Rising Stars’

StubHub and its Foundation Commit $125,000 to Local New Orleans Nonprofits in
                   Arts and Sports-Based Youth Development

Business Wire

NEW ORLEANS -- January 29, 2013

StubHub, the world’s largest ticket marketplace, today announced the launch of
StubHub Rising Stars, an international philanthropic program to spotlight
outstanding grassroots nonprofit organizations improving access and
opportunity for at-risk youth through sports and the arts.

The inaugural Rising Star award and initial $50,000 grant has been presented
to The Roots of Music Foundation, a nonprofit organization whose mission is to
support, teach, and protect at-risk youth through music education, academic
support, and mentorship while preserving and promoting New Orleans’ musical
heritage. As StubHub’s first Rising Star, The Roots of Music will receive up
to $100,000 in funding support this year.

“Imagine if the next LeBron, Michael Oher or Beyoncé never had the opportunity
to pick up a basketball, football or instrument as a child,” said Chris
Tsakalakis, StubHub CEO. “Yet vital community music, theater and sports
programs for youth are falling on the chopping block today. That is why Rising
Stars will focus StubHub’s philanthropy where we see the greatest need:
underserved, at-risk youth and locally rooted, grassroots nonprofits.”

To showcase the work of Roots of Music, StubHub has created a documentary
short “The Roots of Music” (http://bit.ly/StubHubRising-Stars), produced in
collaboration with cast and crew members of the critically acclaimed HBO
series “Treme.” In an effort to engage fans in new and unexpected ways,
StubHub has committed to donate up to an additional $50,000 (adding up to a
$100,000 total donation) to The Roots of Music if the film reaches 50,000
views by Super Bowl Sunday. The additional $50,000 in funds would come from
the StubHub Foundation, a corporate advised fund of Silicon Valley Community
Foundation.

“We are extremely honored and appreciative to be selected as a StubHub Rising
Star,” said Allison Reinhardt, co-founder of The Roots of Music Foundation.
“StubHub and its Foundation’s support will literally help us keep our doors
open, offering academic mentoring and musical education to 140 kids – keeping
them safe and off the streets while fostering the future musical talent of New
Orleans.”

Funding support through StubHub and the StubHub Foundation to The Roots of
Music represents the largest single donation in the organization’s history. In
addition, the StubHub Foundation also recognizes New Orleans’ Youth
Empowerment Project through grant funding of $25,000 to support expansion of
its sports and recreational programming for inner city youth.

The Rising Stars award is designed to have a transformative impact on both the
awardees and the youth they serve. Benefits of selection into the Rising Stars
program include grant support (starting at $25,000) from the StubHub
Foundation, exposure to StubHub’s international network of sports, music and
theater fans, and access to StubHub employee talent through skills-based
volunteerism and dedicated service projects.

Awardees will be identified throughout the year in key markets in which
StubHub operates in North America and Europe.

For more on the Rising Stars program visit: www.stubhub.com/rising-stars.

About StubHub

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 San Francisco
Giants and University of Texas, along with over 60 teams in the NFL, MLB, NBA,
NHL and NCAA, complemented with companies such as ESPN, Tickets.com, and
Paciolan. StubHub is an eBay company (NASDAQ: EBAY). For more information on
StubHub, visit www.stubhub.com, www.twitter.com/stubhub or
www.facebook.com/stubhub.

Contact:

StubHub
Glenn Lehrman, 917-533-5998
glehrman@stubhub.com
 
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