EVD 📈 CTS Eventim AG & Co. KGaA - Overview

CTS Eventim AG & Co. KGaA is a prominent player in the global leisure events market, with a significant presence in multiple countries including Germany, Italy, the United States, Switzerland, Austria, the United Kingdom, Sweden, Finland, Spain, Brazil, Denmark, the Netherlands, and other international locations. The company's operations are divided into two primary segments: Ticketing and Live Entertainment, each catering to distinct aspects of the events industry. The Ticketing segment is responsible for producing, selling, brokering, distributing, and marketing tickets for a wide range of events, from concerts and festivals to theatre productions, sports, and exhibitions. This segment utilizes various platforms to market event tickets, including the online distribution channel EVENTIM.Net, as well as specialized products like EVENTIM.Inhouse for classical music and theatre, EVENTIM.Tixx for sports ticketing, and EVENTIM.Light for promoters. Additionally, the company provides a comprehensive solution for ticket sales and admission control through EVENTIM.Access, and operates kinoheld software designed specifically for cinema operators.

The Live Entertainment segment of CTS Eventim AG & Co. KGaA focuses on the planning, preparation, and execution of tours, events, and festivals, with a particular emphasis on music events and concerts. This segment is also involved in the marketing of music productions and the operation of various venues, highlighting the company's diversified approach to the events industry. With a history dating back to 1989, CTS Eventim AG & Co. KGaA has established itself as a leading figure in the global events market, with its headquarters located in Bremen, Germany. The company's official website can be found at https://www.eventim.de, and its stock is listed with the ISIN DE0005470306, classified as common stock under the GICS Sub Industry of Application Software. This classification reflects the company's significant involvement in the development and implementation of software solutions for the events industry, such as ticketing systems and venue management tools.

CTS Eventim AG & Co. KGaA's evolution is marked by strategic changes, including a name change from CTS EVENTIM AG to CTS Eventim AG & Co. KGaA in May 2014, indicating a potential shift in corporate structure or strategy. Founded over three decades ago, the company has navigated the complexities of the global events market, adapting to technological advancements, changing consumer preferences, and the evolving landscape of live entertainment. Through its dual-segment approach, CTS Eventim AG & Co. KGaA is well-positioned to capitalize on opportunities in both the ticketing and live entertainment sectors, offering a comprehensive suite of services that cater to the needs of event organizers, venues, and consumers alike. The company's international presence and diversified portfolio of products and services underscore its commitment to innovation and customer satisfaction in the dynamic and competitive events industry.