ScoreBig.com Secures $10 Million Investment from Checketts Partners Investment Fund; Names Former Ticketmaster EVP David

  ScoreBig.com Secures $10 Million Investment from Checketts Partners
  Investment Fund; Names Former Ticketmaster EVP David Goldberg Chief Strategy
  Officer

   Capital Infusion and Industry Leader Support Further Validate Industry’s
                       Fastest-Growing Ticket Innovator

Business Wire

LOS ANGELES -- September 10, 2013

ScoreBig.com, the live entertainment industry’s first online marketplace for
the safe and secure liquidation of unsold ticket inventory, today announced a
new chapter in its growth with $10 million in new funding from Checketts
Partners Investment Fund (CPIF) and the hiring of a key industry veteran. CPIF
is led by founder and managing partner David Checketts, who also serves as
chairman and CEO of Legends. At the same time, long time board advisor and
former Ticketmaster EVP David Goldberg has joined ScoreBig.com in the role of
chief strategy officer.

Goldberg and CPIF join a leadership team of seasoned industry execs guiding
the fast-growing start-up through its next phase of growth and success. The
new funding represents the first close in ScoreBig.com’s series C round of
financing and includes a CPIF board seat as part of the investment. The
company will use the funds to expand its product offering, pursue strategic
partnerships, and increase consumer awareness of ScoreBig.com – a first-of-its
kind consumer marketplace where consumers can exclusively save 10-60% on great
sports, concert and theater tickets.

“We are thrilled to welcome CPIF to the ScoreBig team and David Goldberg to
his new, full-time role as CSO with the company,” said ScoreBig.com CEO Adam
Kanner. “They join an investor base and management team comprised of many of
the industry’s most influential thought leaders seeking to address two of the
biggest challenges facing live entertainment – increasing unsold ticket
inventory and the rising, overwhelming cost of live entertainment for
consumers. Dave Checketts is one of the most seasoned and respected sports and
media entertainment executives and David Goldberg has been an outstanding
leader and partner on our board as well as among the most respected ticketing
executives within the industry. We have every confidence that this new
infusion of human and financial capital will be transformative in driving our
company forward and contribute to our role in reshaping the industry over the
years to come.”

“I was drawn to ScoreBig from the beginning because it had the potential to be
a game changer for the industry,” said Goldberg. “It seemed like the ideal
time to take a more active role in the company’s development and direction.
The world-class team, investors, and product provide the unique ingredients to
make live entertainment more affordable and help venues, teams, promoters, and
producers move more tickets in a brand-protected manner.”

“Every college and pro team has, at some point in time, experienced the
challenges of properly pricing their inventory and the negatives of unsold
seats that result,” said Dave Checketts. “ScoreBig enables teams and venues to
get out in front of the issue, which makes it a ‘must-have’ for effective
yield management. ScoreBig has built among the most impressive teams within
the industry and has the support and backing of many of the most trusted and
influential leaders across live entertainment. We could not be more excited to
help ScoreBig achieve its vision and transform this industry for the better –
for ticket providers and consumers alike - in ways few have done before.”

Today’s developments are the latest in a series of major milestones as
ScoreBig.com continues to rapidly scale. In 2012, ScoreBig.com experienced
over 600% revenue growth, and was recognized for significant achievements
including being named one of the 10 Most Innovative Start-ups of 2012 by
Billboard Magazine. In recent months, the company has added several senior
executives, was named the official live entertainment ticketing provider for
the United Airlines MileagePlus® program, and continues to rapidly grow its
consumer base and roster of live entertainment partners.

About David Goldberg, Chief Strategy Officer

Prior to joining ScoreBig.com as CSO, Goldberg served as a ScoreBig.com
advisory board member starting with the company’s founding in 2009.
Previously, he served as the CEO of Youbet.com (NASDAQ: UBET) and led the turn
around and eventual sale of Youbet to Churchill Downs (NASDAQ: CHDN). Goldberg
joined Youbet from Ticketmaster, where he was EVP of Global Music Services and
one of three executives charged with overall leadership of the business
through the office of the CEO. He was also responsible for all aspects of
global sales and marketing, M&A and business development. Goldberg also
co-founded and helped start up two early digital media businesses: Tunes.com
and Sportvision.

About Checketts Partners Investment Fund

Checketts Partners Investment Fund ("CPIF") is a leading growth equity firm
headquartered in New York led by heralded executive, Dave Checketts. CPIF
provides capital and strategic support to companies across the sports, media
and entertainment sectors. CPIF's investment professionals have broad
experience building and operating sports franchises, entertainment venues and
content distribution platforms.

About ScoreBig.com

ScoreBig.com enables consumers to get great tickets for live sports, concert
and theater events – at guaranteed savings of up to 60 percent. ScoreBig.com
customers pick their own price on seats from the floor to the rafters, always
pay less than box office price, and never pay any fees. For its partners,
ScoreBig.com is the first and only opaque sales channel to move unsold ticket
inventory in a way that protects the ticket owner’s brand and full-price
sales. Headquartered in Los Angeles, Calif., ScoreBig.com was founded in 2009
and is backed by Bain Capital Ventures and U.S. Venture Partners. ScoreBig.com
was recently recognized by Forbes as one of America’s Most Promising Companies
and by Billboard as one of the 10 Best Start-ups of 2012.

Trademarks, product names, company names, brands and service names mentioned
herein are property of their respective owners.

Contact:

ScoreBig.com
Peter Sinclair
press [ at ] scorebig [ dot ] com
or
Wendy Barbour for ScoreBig.com
310-895-0865
wendy [ dot ] barbour [ at ] scorebig [ dot ] com
 
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