CTS EVENTIM AG / Agreement
10.09.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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CTS EVENTIM wins leasehold for Waldbuehne Berlin
Germany's most successful live event promoter wins leasehold for the
Waldbuehne open-air arena in Berlin / Contract commences on 1 January 2009
for initial four-year term / Strong reputation of the Waldbuehne to be
further enhanced
Munich / Berlin, 9 September 2008 CTS EVENTIM AG, Europe's market leader
in the ticketing field and a leading organiser of live entertainment
events, will be the new leaseholder of the Waldbuehne in Berlin, one of
Europe's best-known open-air arenas. The decision to award the lease has
now been announced by the Berlin state government. The contract will
commence on 1 January 2009 for an initial four-year term. CTS EVENTIM has
been one of the most important users of the venue for many years. In recent
weeks alone, four major events featuring superstars Celine Dion, Linkin
Park, R.E.M. and Herbert Groenemeyer have been organised in the Waldbuehne
by the EVENTIM group, attracting more than 70,000 visitors in total.
Worldwide reputation to be further enhanced
Klaus-Peter Schulenberg, CEO of CTS EVENTIM, welcomed the decision, saying
'We are happy to be awarded the leasehold and thank those responsible for
the confidence they have shown in CTS. The Waldbuehne is a very special
place, not only for performers, but also for us promoters. We will be
deploying our organisation, our resources and our business relationships in
the interest and to the benefit of the Waldbuehne.' As Germany's biggest
tour organiser and exclusive partner for Germany and Austria to LIVE
NATION, the world's biggest organiser of live events, EVENTIM has access to
the best-known performers on the international stage. Supported by its
various subsidiary concert organisers, including Marek Lieberberg, Dieter
Semmelmann and Peter Rieger, and with a world-class programme of events,
CTS now aims to preserve and further extend the worldwide renown and strong
reputation of the Waldbuehne. 'We want to make Berlin and the Waldbuehne
the venue of choice for tours by major artists', says Schulenberg. As
ticketing partner, EVENTIM works together with virtually all the main
German event organisers, with whom the company enjoys superb business
relationships in an atmosphere of mutual trust; the Waldbuehne will benefit
likewise from these relationships.
The most appealing open-air venue in Germany
Another objective behind the move is to re-open the Waldbuehne to every
form and genre of event, and in this way to make it Germany's most
attractive open-air arena. In addition to the rock, pop and classical music
events that are already successfully established, the Waldbuehne will also
be hosting new types of event and will significantly increase the total
number of events per year. These will include large-scale opera productions
and festivals of world music, with the Waldbuehne also becoming organisers'
preferred venue for summer events.
About CTS EVENTIM
Munich-based CTS Eventim AG is Europe's leading provider of ticketing
services and live music entertainment. Established in 1989, the company
went public with its IPO in February 2000. It is listed today in the Prime
Standard segment of the Frankfurt Stock Exchange and included in the SDAX
index. Group revenue amounted to 384 million in fiscal year 2007.
Ticketing
In the ticketing field, EVENTIM is the European market leader, with
operations in 17 different countries. A total of more than 60 million
tickets for more than 100,000 events are sold annually using the systems
developed and marketed by the EVENTIM Group. EVENTIM uses a European
network comprising more than 6,000 box offices, several call centres, and
Internet platforms such as www.eventim.de and www.getgo.de to market
tickets. The number of visitors logged by the EVENTIM Group websites
exceeded 164 million in 2007, making EVENTIMs websites the most successful
ticketing portals in Europe.
Live Entertainment
With its Live Entertainment segment, responsible for planning, organising
and managing concerts, tours, festivals and other live events, EVENTIM
generated revenue in excess of 300 million in the 2007 business year.
Majority interests in many of the most successful concert promoters in
Germany, Austria and Switzerland, combined with excellent long-standing
contacts with nationally and internationally renowned artists, a whole
series of successful open-air festivals as well as innumerable other events
have secured the EVENTIM Group a superior position as market leader in the
European concert and events industry. Through its MEDUSA holding company,
CTS EVENTIM AG holds majority interests in the following concert and tour
organisers, among many others:
Marek Lieberberg Konzertagentur, Frankfurt
Semmel Concerts Veranstaltungsservice, Berlin/Bayreuth
Peter Rieger Konzertagentur, Cologne
FKP Scorpio Konzertproduktionen, Hamburg
Dirk Becker Entertainment, Cologne
ARGO Konzerte, Würzburg
With its various event organisers within the Group, EVENTIM leads by far
the German market for live events. The EVENTIM Group portfolio includes
numerous world-class stars such as Madonna, Bruce Springsteen, Celine Dion,
Mark Knopfler, Tina Turner, Elton John, Stevie Wonder, Queen, Metallica,
Coldplay, Rolling Stones, Barbra Streisand, Bob Dylan, Neil Diamond,
Shakira, The Police, Genesis, Nelly Furtado, Joe Cocker, Michael Buble,
Juan Diego Flores and virtually every important German performer (Herbert
Groenemeyer, James Last, Otto, Roger Cicero, Annett Louisan, Xavier Naidoo,
Silbermond and many more besides). In addition to the above, EVENTIM is
also the organiser of many of Germany's key open-air festivals, including
Rock am Ring, Rock im Park, Hurrican, South Side, Highfield and the
Chiemsee Reggae Festival.
For further information contact:
Engel & Zimmermann AG, Business Communication Agency
Hermann Zimmermann, Björn Zaksek Tel. +49 89 89 35 63 3
info@engel-zimmermann.de
DGAP 10.09.2008
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Language: English
Issuer: CTS EVENTIM AG
Contrescarpe 75 A
28195 Bremen
Deutschland
Phone: +49 (0)421-36 66-233
Fax: +49 (0)421-36 66-290
E-mail: investor@eventim.de
Internet: www.eventim.de
ISIN: DE0005470306
WKN: 547030
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart
End of News DGAP News-Service
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DGAP-News: CTS EVENTIM wins leasehold for Waldbuehne Berlin
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