Ticketmaster was set Thursday to become a stand-alone publicly traded company, just as the dominant seller of tickets to concerts and sporting events is about to lose its biggest customer.

For five years, the West Hollywood-based company has been part of IAC/InterActiveCorp, owner of an assortment of Internet-based businesses. Under that umbrella, the subsidiary, which last year sold 141 million tickets valued at $8.3 billion, has done well.

Under a plan unveiled last year by IAC Chief Executive Barry Diller, the New York-based parent is spinning off Ticketmaster and three other units by distributing shares in the units to IAC stockholders.

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