StubHub CEO says recent change to all-in ticket prices will dent revenue
StubHub CEO Eric Baker said Wednesday that recently introduced federal regulations around transparent ticket pricing will cause a "one-time" hit to its financial results. Revenue is expected to dip year over year as consumers digest the new rules, Baker told CNBC, which require online ticket sellers to prominently show the total cost upfront. "We've seen this in states like New York that have done it. You have a drop off and it hits about 10%. ... Then it's just back to normal," Baker said in