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MarketScreener Homepage  >  Equities  >  Nasdaq  >  EBay Inc.    EBAY

EBAY INC.

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EBAY : Alyson Hannigan and StubHub Join Forces to Launch National Mom's Night Out Program to Benefit Adopt-A-Classroom

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05/04/2011 | 09:06am EDT

StubHub, the world's largest ticket marketplace, today announced that it is joining forces with "How I Met Your Mother" star Alyson Hannigan to launch a national charity program, Mom's Night Out. The program is designed to encourage moms to take a night off with their friends to attend one of 17 summer events ranging from baseball games to rock concerts. A portion of proceeds from all ticket sales to the designated events will be donated to Adopt-A-Classroom, a nonprofit organization dedicated to supporting teachers and ensuring all children have equal access to a quality education.

StubHub Mom's Night Out spokesperson, Alyson Hannigan. www.stubhub.com/mno (Photo: Business Wire)

StubHub Mom's Night Out spokesperson, Alyson Hannigan. www.stubhub.com/mno (Photo: Business Wire)

The program launches as StubHub reveals stats from a new consumer survey conducted by Wakefield Research in which it found 83 percent of Americans think being a mom is the hardest job in America. Four out of five people (80 percent) even think it is more difficult than their own job. The survey also discovered that nearly two out of five (37 percent) moms haven't had a "moms' night out" in the past year. Ahead of Mother's Day, StubHub set up the program to recognize this often hardest-working member of the family, and to give her an opportunity to have fun with her friends.

"I know what a hard job motherhood is, and that's why I chose to get involved in StubHub's Mom's Night Out program," said Alyson Hannigan. "My daughter is my greatest joy, but I also know it is my responsibility to show her that I also take time for myself. Using StubHub to find tickets for a night out is an easy way to do this, especially when we'll be supporting such a great cause in Adopt-A-Classroom."

Established in 1998, Adopt-A-Classroom has raised more than $14 million on behalf of teachers across the United States. When a donor adopts a classroom, he/she is making a tax-deductible donation directly to a classroom and 100 percent of the funds are directed to the teacher. The teacher then uses the donated funds to shop online from a network of vendors that have partnered with Adopt-A-Classroom.

"It's gratifying that organizations like StubHub and notable actors such as Alyson Hannigan recognize and want to support the work we are doing," said James Rosenberg, executive director, Adopt-A-Classroom. "At a time when school districts throughout the country face shrinking budgets and shortfalls are compounded by the ending of federal stimulus dollars, our approach allows us to make a positive impact quickly and directly in the classroom, where the heart of learning takes place."

In addition to donating a portion of the proceeds from Mom's Night Out events, StubHub is also offering moms a chance to enter to win a VIP experience for themselves and three of their friends to these events. Moms can go to the Mom's Night Out microsite to enter, sharing in 50-words or less and submitting a photo to show why they deserve a Mom's Night Out. Friends and family can also enter on behalf of a deserving mom. In select cities, moms will kick off their night with complimentary food and refreshments at Hard Rock Café.

"People frequently say that being a mom is the hardest and most important job there is. Well, it's true. This year, we wanted to recognize everything that moms do, and give them a reason to enjoy a night out with their friends," said Danielle Maged, Head of Partnerships and Business Development for StubHub and a proud mother of twin boys. "We are so pleased that Alyson Hannigan has joined our efforts, and we are also proud to help Adopt-A-Classroom, a charity that directly benefits teachers and students."

StubHub is the "go to" source for live entertainment event tickets for millions of fans across North America. Fans rely on StubHub to safely and conveniently find the seats they want at the events they want to attend. Each ticket is backed by StubHub's FanProtect Guarantee and award-winning customer service. For instant access, StubHub.com is also available as an iPhone or Android app. To find a complete list of scheduled Mom's Night Out events, go to StubHub.com.

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(TM). Company partners include the New York Yankees, Washington Redskins and the University of Southern California along with nearly 60 teams in the NFL, MLB, NBA, NHL and NCAA, complemented with companies such as ESPN and AOL.

StubHub is an eBay company (NASDAQ:EBAY). For more information on StubHub, visit www.stubhub.com, twitter.com/stubhub, or www.facebook.com/Stubhub

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6708075&lang=en

StubHub Communications
Joellen Ferrer, 415-222-8412
jferrer@stubhub.com
or
Adopt-A-Classroom
Fong Wa Chung, 917-554-9385
fwchung@adoptaclassroom.org

© Business Wire 2011

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Financials (USD)
Sales 2020 10 306 M - -
Net income 2020 2 078 M - -
Net Debt 2020 2 450 M - -
P/E ratio 2020 18,7x
Yield 2020 1,19%
Capitalization 37 479 M 37 479 M -
EV / Sales 2020 3,87x
EV / Sales 2021 3,45x
Nbr of Employees 13 300
Free-Float 39,8%
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Mean consensus OUTPERFORM
Number of Analysts 34
Average target price 61,44 $
Last Close Price 53,55 $
Spread / Highest target 53,1%
Spread / Average Target 14,7%
Spread / Lowest Target -8,50%
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NameTitle
Jamie Iannone President, Chief Executive Officer & Director
Paul S. Pressler Chairman
Wendy Jones Senior Vice President-Global Operations
Andrew Cring CFO, VP-Global Financial Planning & Analysis
Mazen Rawashdeh Chief Technology Officer & Senior Vice President
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