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CTS Eventim

#1945

Rank

$8.19B

Marketcap

DE Germany

Country

CTS Eventim
Leadership team

Mr. Klaus-Peter Schulenberg (Chairman of Management Board & CEO)

Mr. Andreas Grandinger (CFO & Member of Management Board)

Mr. Betriebswirt Christian Alexander Ruoff (COO & Member of Management Board)

Products/ Services
Leisure, Media and Entertainment, Ticketing
Number of Employees
1,000 - 20,000
Headquarters
Bremen, Bremen, Germany
Established
1999
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
EVD.F
Social Media
Overview
Location
Summary
CTS Eventim AG & Co. KGaA operates in the leisure events market in Germany, Italy, the United States, Switzerland, Austria, Finland, the Netherlands, Spain, and internationally. It operates through two segments, Ticketing and Live Entertainment. The Ticketing segment produces, sells, brokers, distributes, and markets tickets for concerts, theatre, art, sports, and other events. It markets events (tickets) through eventim.Web and using its network platform, EVENTIM.Net; in-house ticketing products through EVENTIM.Inhouse; sport ticketing products through EVENTIM.Tixx; and self-service products for promotors through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through EVENTIM.Access. This segment also operates kinoheld software for cinema operators; EVENTIM.fanSALE, a resale portal where customers sell event tickets to other customers; and online portal under various brands, such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com. The Live Entertainment segment plans, prepares, and performs tours, events, and festivals including music events and concerts, as well as markets music productions. This segment is also involved in the operation of venues. The company was formerly known as CTS EVENTIM AG and changed its name to CTS Eventim AG & Co. KGaA in May 2014. CTS Eventim AG & Co. KGaA was founded in 1989 and is headquartered in Bremen, Germany.
History

CTS Eventim was founded on November the 4th 1989 in Munich by concert promoters Marcel Avram and Matthias Hoffmann as CTS Computer Ticket Service GmbH and was acquired in 1996 by Klaus-Peter Schulenberg. Klaus-Peter took the company partially public on February the 1st 2000 on the Frankfurt stock exchange. That same year the company entered into the live entertainment market with the acquisitions of several German concert promoters, such as Marek Lieberberg Konzertagentur, Peter Rieger Konzertagentur, Semmel Concerts, Argo Konzerte, FKP Scorpio, and Dirk Becker Entertainment. Over the years CTS Eventim would acquire several other ticketing and live entertainment companies, notable acquisitions were Austrian promoter Barracuda Music , Italian based promoters Vertigo and Friends & Partners , Holiday on Ice , Ticket Online and Stage Entertainment's remaining ticketing companies in France, Spain and The Netherlands .Together with other sponsors CTS Eventim ensured the long-term continuation of the Kontaktstudiengang Popularmusik at the Hochschule für Musik und Theater Hamburg since 2008, now known as Eventim Popkurz.

In the late 2000's the company started operating several venues, starting with the Waldbühne in Berlin.The company diversified its ticketing operations in 2015 when it acquired 51% of the German-based Kinoheld, a company that specialises in ticket sales for cinemas. The ownership was raised in 2018 to 100%.In November 2019, CTS Eventim's revenue exceeded €1 billion for the first time in a nine-month period, and the share price had risen 60% that year to reach a market capitalisation of €5.2 billion.Eventim France and market leader France Billet merged their French activities in 2019, in the new company Eventim will hold a 48% of the shares with a possibility of raising the ownership in the coming years. The company also merged its Swiss subsidiaries in 2020 with Gadget Entertainment AG and Wepromote Entertainment Group Switzerland AG, taking a 60% share in the new company named Gadget abc Entertainment Group AG.On February the 21st 2020 it was announced that the company would enter the US market via a new - yet to be named - joint venture based in New York City with promoter Michael Cohl.In July 2021, CTS Eventim launched Eventim Live Asia. In August 2021, the company announced plans to construct Italy’s largest multipurpose arena, which is due to be completed in fall 2022.

Mission
As a company, CTS Eventim is committed to connecting fans with their favorite artists, shows and events. We believe that no event should ever be inaccessible and aim to make them both accessible and affordable to all.
Vision
CTS Eventim's vision is to become the world's leading e-commerce services provider for events and live entertainment. We want to provide the best digital entertainment experiences with safe, simple, and enjoyable access to concerts, shows, festivals and events.
Key Team

Mr. Frank Brandmaier (Head of Corp. Communications)

Mr. Marco Haeckermann (VP Corp. Devel. & Strategy)

Mr. Simon Lewis (Head of Marketing Partnerships & Sponsorship Division of Eventim Management Ag)

Recognition and Awards
CTS Eventim has won many awards for its excellence in the ticketing industry. Some of these awards include the Sattelite Award for Best Entertainment Technology Company from the American Entertainment Industry Magazine, the Digital Pioneer Award from the German Federal Ministry of Economic Affairs and the Innovation Award from the German Ticketing Association.
References
CTS Eventim
Leadership team

Mr. Klaus-Peter Schulenberg (Chairman of Management Board & CEO)

Mr. Andreas Grandinger (CFO & Member of Management Board)

Mr. Betriebswirt Christian Alexander Ruoff (COO & Member of Management Board)

Products/ Services
Leisure, Media and Entertainment, Ticketing
Number of Employees
1,000 - 20,000
Headquarters
Bremen, Bremen, Germany
Established
1999
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
EVD.F
Social Media