- CEO
- Klaus-Peter Schulenberg
- Full Time Employees
- 5,329
- Sector
- Consumer services
- Industry
- Movies/Entertainment
- Address
- Hohe Bleichen 11 Hamburg HA Germany 20354
- IPO Date
- Feb 1, 2000
- Business
- CTS Eventim AG & Co. KGaA is a leading provider of ticketing services and live entertainment, headquartered in Bremen, Germany, founded in 2014. The company operates primarily in the leisure events market through two main segments: Ticketing and Live Entertainment. In its Ticketing segment, CTS Eventim promotes, sells, brokers, distributes, and markets tickets for concerts, theatre, cinema, sports, artistic, and similar events using advanced data processing and data transmission technologies. Core ticketing products and platforms include the online network platform eventim.net, the in-house ticketing system eventim.inhouse, the sports ticketing product eventim.tixx, and solutions for ticket sales and admission control in stadiums and arenas. The Live Entertainment segment focuses on planning, preparing, and executing tours and events, especially within music and concerts, as well as marketing music productions and operating venues internationally. The company also holds a majority stake in subsidiaries such as kinoheld GmbH.
Recent strategic developments include significant acquisitions and expansions that have broadened CTS Eventim's global footprint and operational scale. In 2023 and 2024, CTS Eventim acquired key companies including See Tickets in the UK and US, Punto Ticket in Chile, Teleticket in Peru, and a majority stake in France Billet, which collectively enhanced its presence in North and South American markets. These acquisitions contributed synergies estimated at around €300 million and facilitated a robust revenue growth trajectory. Additionally, CTS Eventim added Tink's Pay by Bank service to its ticketing offerings in 2024, reflecting ongoing innovation in payment solutions. The company also expanded its venue operations as part of its strategic focus on live entertainment in 2024.
CTS Eventim reported record financial performance in 2024, with revenues increasing by 19.1% year-over-year to approximately €2.9 billion and adjusted EBITDA rising by 21.9% to €542.2 million. The live entertainment segment alone grew revenue by 17.6% to €1.971 billion, demonstrating resilience and margin expansion despite cost pressures. The company sold over 103 million tickets online in 2024, up from 83 million in the previous year, affirming its status as the number one ticketing provider in Europe and second globally.
CTS Eventim's business operations span Germany, Italy, Switzerland, Austria, the United States, and numerous other countries in Europe and the Americas. The company targets live event organizers, venues, promoters, and sports entities as its core customers. Its growth strategy emphasizes international expansion, operational integration of acquisitions, and enhancement of technological capabilities in ticketing and live event management.
Overall, CTS Eventim is recognized for its comprehensive ticketing services, extensive live entertainment portfolio, and strategic growth through acquisition and innovation, positioning it as a dominant player in the global live entertainment and ticketing market.