Prospectus Summary
The following summary is qualified in its entirety by, and should be read in conjunction with, the more detailed information and consolidated financial statements (the "Consolidated Financial Statements") included elsewhere in this Prospectus. As used in this Prospectus, references to a "fiscal" year refer to the 12-month period ending on January 31 of each year (e.g., "fiscal 1996" shall mean the Company's fiscal year ended January 31, 1996). Unless otherwise indicated, all information contained in this Prospectus assumes that (i) the Underwriters' over-allotment option has not been exercised, (ii) any outstanding options to purchase shares of Common Stock have not been exercised, (iii) any outstanding shares of preferred stock convertible into shares of Common Stock have not been converted and (iv) any outstanding notes exchangeable for shares of Common Stock have not been exchanged. In addition, all share amounts and per share data in this Prospectus reflect a 1-for-3 reverse stock split to be effected prior to the effective date of the Offering. Unless the context otherwise requires, references to "Ticketmaster" or the "Company" include Ticketmaster Group, Inc., its predecessors and its subsidiaries. References to the "Managed Businesses" include the Company's wholly and majority owned subsidiaries (the "Consolidated Businesses") together with the Company's interest in those unconsolidated joint ventures in which it acts as managing partner (the "Unconsolidated Joint Ventures").