EXHIBIT 10.1

EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT ("Agreement") is entered into by and between Timothy J. Wood ("Employee") and Ticketmaster Corporation, a Delaware corporation (the
"Company"), and is effective as of February 1, 2001 (the "Effective Date").

WHEREAS,
the Company desires to establish its right to the services of Employee, in the capacity described below, on the terms and conditions hereinafter set forth, and Employee is
willing to accept such employment on such terms and conditions.

NOW,
THEREFORE, in consideration of the mutual agreements hereinafter set forth, Employee and the Company have agreed and do hereby agree as follows:

1A.EMPLOYMENT.The Company agrees to employ Employee as Chief Operating Officer, Ticketmaster
Corporation, and Employee accepts and agrees to such employment. During Employee's employment with the Company, Employee shall do and perform all services and acts necessary or advisable to fulfill
the duties and responsibilities as are commensurate and consistent with Employee's position and shall render such services on the terms set forth herein. During Employee's employment with the Company,
Employee shall report directly to such person(s) as from time to time may be designated by the Company (hereinafter referred to as the "Reporting Officer"). Employee shall have such powers and duties
with respect to the Company as may reasonably be assigned to Employee by the Reporting Officer, to the extent consistent with Employee's position and status. Employee agrees to devote all of
Employee's working time, attention and efforts to the Company and to perform the duties of Employee's position in accordance with the Company's policies as in effect from time to time.

2A.TERM OF AGREEMENT.The term ("Term") of this Agreement shall commence on the Effective Date and
shall continue until May 31, 2004, unless sooner terminated in accordance with the provisions of Section 1 of the Standard Terms and Conditions attached hereto.

3A.COMPENSATION.



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4A.NOTICES.All notices and other communications under this Agreement shall be in writing and shall be
given by first-class mail, certified or registered with return receipt requested or hand delivery acknowledged in writing by the recipient personally, and shall be deemed to have been duly given three
days after mailing or immediately upon duly acknowledged hand delivery to the respective persons named below:

If to the Company:

Ticketmaster L.L.C.3701 Wilshire Blvd., 9th FloorLos Angeles, CA 90010Attn:  Terry Barnes, John Pleasants and Michael CastroWith a copy to:

USA Networks, Inc.152 West 57th StreetNew York, NY 10019Attention:  General CounselIf to Employee:

Timothy J. Wood


Either
party may change such party's address for notices by notice duly given pursuant hereto.

5A.GOVERNING LAW; JURISDICTION.This Agreement and the legal relations thus created between the
parties hereto shall be governed by and construed under and in accordance with the internal laws of the State of California without reference to the principles of conflicts of laws. Any and all
disputes between the parties which may arise pursuant to this Agreement will be heard and determined before an appropriate federal court in California or, if not maintainable therein, then in an
appropriate California state court. The parties acknowledge that such courts have jurisdiction to interpret and enforce the provisions of this Agreement, and the parties consent to, and waive any and
all objections that they may have as to, personal jurisdiction and/or venue in such courts.

6A.COUNTERPARTS.This Agreement may be executed in several counterparts, each of which shall be deemed
to be an original but all of which together will constitute one and the same instrument. Employee expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are
incorporated herein by reference, deemed a part of this Agreement and are binding and enforceable provisions of this Agreement. References to "this Agreement" or the use of the term "hereof" shall
refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.

IN
WITNESS WHEREOF, the Company has caused this Agreement to be executed and delivered by its duly authorized officer and Employee has executed and delivered this Agreement as of
February 1, 2001.

|                         |                                |  |                    
|------------------------ | ------------------------------ |  | -------------------
|TICKETMASTER CORPORATION |                                | 
|                         |                                |  |                    
|By:                      | /s/ SUSAN BRACEY               |  | /s/ TIMOTHY J. WOOD
|                         |                                |  |                    
|Title:                   | Senior Vice President, Finance |  | Timothy J. Wood    

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STANDARD TERMS AND CONDITIONS

1.TERMINATION OF EMPLOYEE'S EMPLOYMENT.



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2.CONFIDENTIAL INFORMATION; NON-SOLICITATION; AND PROPRIETARY RIGHTS.



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3.TERMINATION OF PRIOR AGREEMENTS.This Agreement constitutes the entire agreement between the parties
and terminates and supersedes any and all prior agreements and understandings (whether written or oral) between the parties with respect to the subject matter of this Agreement, including that certain
Employment Agreement between Ticketmaster Ticketing Co., Inc. (predecessor-in-interest to Company) and Employee dated as of February 1, 1998 which Employment
Agreement is hereby terminated in its entirety. Employee acknowledges and agrees that neither the Company nor anyone acting on its behalf has made, and is not making, and in executing this Agreement,
the Employee has not relied upon, any representations, promises or inducements except to the extent the same is expressly set forth in this Agreement. Employee hereby represents and warrants that by
entering into this Agreement, Employee will not rescind or otherwise breach an employment agreement with Employee's current employer prior to the natural expiration date of such agreement.

4.ASSIGNMENT; SUCCESSORS.This Agreement is personal in its nature and none of the parties hereto
shall, without the consent of the others, assign or transfer this Agreement or any rights or obligations hereunder, provided that, in the event of the merger, consolidation, transfer, or sale of all
or substantially all of the assets of the Company with or to any other individual or entity, this Agreement shall, subject to the provisions hereof, be binding upon and inure to the benefit of such
successor and such successor shall discharge and perform all the promises, covenants, duties, and obligations of the Company hereunder, and all references herein to the "Company" shall refer to such
successor.

5.WITHHOLDING.The Company shall make such deductions and withhold such amounts from each payment and
benefit made or provided to Employee hereunder, as may be required from time to time by applicable law, governmental regulation or order.

6.HEADING REFERENCES.Section headings in this Agreement are included herein for convenience of
reference only and shall not constitute a part of this Agreement for any other purpose.

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References to "this Agreement" or the use of the term "hereof" shall refer to these Standard Terms and Conditions and the Employment Agreement attached hereto, taken as a whole.

7.WAIVER; MODIFICATION.Failure to insist upon strict compliance with any of the terms, covenants, or
conditions hereof shall not be deemed a waiver of such term, covenant, or condition, nor shall any waiver or relinquishment of, or failure to insist upon strict compliance with, any right or power
hereunder at any one or more times be deemed a waiver or relinquishment of such right or power at any other time or times. This Agreement shall not be modified in any respect except by a writing
executed by each party hereto. Notwithstanding anything to the contrary herein, neither the assignment of Employee to a different Reporting Officer due to a reorganization or an internal restructuring
of the Company or its affiliated companies nor a change in the title of the Reporting Officer shall constitute a modification or a breach of this Agreement.

8.SEVERABILITY.In the event that a court of competent jurisdiction determines that any portion of
this Agreement is in violation of any law or public policy, only the portions of this Agreement that violate such law or public policy shall be stricken. All portions of this Agreement that do not
violate any statute or public policy shall continue in full force and effect. Further, any court order striking any portion of this Agreement shall modify the stricken terms as narrowly as possible to
give as much effect as possible to the intentions of the parties under this Agreement.

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9.INDEMNIFICATION.The Company shall indemnify and hold Employee harmless for acts and omissions in
Employee's capacity as an officer, director or employee of the Company to the maximum extent permitted under applicable law;provided, however, that
neither the Company, nor any of its
subsidiaries or affiliates shall indemnify Employee for any losses incurred by Employee as a result of acts described in Section 1(c) of this Agreement.

|                             |                                |  |                    
|---------------------------- | ------------------------------ |  | -------------------
|ACKNOWLEDGED AND AGREED:     |                                | 
|                             |                                |  |                    
|Dated as of February 1, 2001 |                                | 
|                             |                                |  |                    
|TICKETMASTER CORPORATION     |                                | 
|                             |                                |  |                    
|By:                          | /s/ SUSAN BRACEY               |  | /s/ TIMOTHY J. WOOD
|                             |                                |  |                    
|Title:                       | Senior Vice President, Finance |  | Timothy J. Wood    

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