LONDON (CelebrityAccess) — CTS Eventim has revealed plans to unite 26 of its majority-owned promoters into a pan-European live entertainment network, Eventim Live.
Based in London, the network includes promoters in Spain, Switzerland, Italy, the Netherlands, Austria, Germany, Norway, Sweden, and Finland and collectively represent 27 European festivals and thousands of live events per year.
CTS Founder and CEO Peter Schulenberg and Medusa Music MD Frithjof Pils will serve as managing directors of the new network but each company will retain autonomy and its own managing director, IQ Magazine reported.
According to IQ Magazine, the network was announced by Schulenberg during a reception at the UK-based music conference ILMC.
“Eventim Live offers artists of all genres the most convenient access to the largest possible audience in Europe,” Schulenberg said, according to IQ.
“Anyone who plans their performances with one of our promoters gains access to a unique network that transcends national borders. Eventim Live combines international reach with local know-how, entrepreneurial spirit with financial solidity and the biggest festivals in Europe with the most exclusive club concerts,” he added.
The announcement of a pan-European network follows a period of growth for CTS Eventim which saw the German promoter and ticketing company acquire stakes in companies such as Doctor Music in Spain, Vivo Concerts and Friends & Partners in Italy, as well as the Scandinavian ticketing company Venuepoint.