TicketWeb Inc. a company that specializes in online ticket sales for small-to-midsized venues, has been purchased by online ticketing rival Ticketmaster Online-CitySearch in a $35.2 million stock deal. TicketWeb--which originally marketed itself as an alternative to Ticketmaster--will continue to operate as a separate brand, and will retain its own staff.

TMCS sells online tickets for Ticketmaster Corp., which focuses on the sale of tickets to events at large venues. (LiveDaily is a publication of Ticketmaster Online-CitySearch.) In a Tuesday (5/30) conference call with reporters and financial analysts, TMCS execs said that the acquisition gives the company access to TicketWeb's proprietary software, as well as its 700 clients.