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| Eventim Buys Berlin’s Tempodrom Venue |
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The Tempodrom was almost not built as construction costs went through the roof and bankrupted the venture in 2004. The new development cost 33 Million Euro instead of the planned 15 Million. The miscalculation caused a huge national scandal. Regional chairman, and Senator for Urban Development, Peter Strieder, who was for years the project's biggest supporter, resigned from his offices because of the scandal. But, against the odds, the Temprodrom has turned out to be a big success. Profrits were around 370.000 Euro last year. Related Articles: Eventim Tickets are now also on MySpace! A deal between CTS Eventim AG, Europe's market leader in the
primary ticketing market and MySpace, the world's largest music platform will
now have MySpace's users able to buy tickets directly from the primary ticketing
company under http://www.myspace.com/ticketshop.
CTS Eventim Sees Rising Profit Next Year
CTS Eventim, Europe's main player in the primary ticket market which also provides live entertainment, is confident of growing both its sales and profit next year despite the economic crisis, its chief executive told Boersen-Zeitung on Saturday.
CTS Eventim Moves Into Swiss Market German ticket marketer CTS Eventim and Swiss media company
Ringier have agreed to form a joint venture.
The new company will be known as Eventim CH AG and will begin business in
February 2010.
Belgian Venue Launches Ticket Exchange According to a recent article in Billboard, Brussels concert venue Ancienne Belgique (AB) is about to launch a ticket exchange for fans to sell and buy tickets in order to 'combat' the secondary ticket market in Belgium. According to the venue management, approximately 10,000 tickets per year... Ticketmaster, Live Nation Merger Approval Challenged by CTS Eventim in UK CTS Eventim has formerly challenged UK approval (which was recently reversed from Nay to Yea) of a possible merger between Ticketmaster Entertainment and Live Nation, and stated its concerns were not given proper hearing by U.K.’s Competition Commission, the antitrust authorities.
Beach Break Live UK Announces A Brand New Beach Venue After a little more than 48 months of scouring the UK coastline in search of the perfect home, the quest is over and the UK’s biggest student festival Beach Break Live present Pembrey Country Park, Carmarthenshire, South Wales as their brand spanking new home, according to international...
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CTS Eventim, Europe's largest ticketer and promoter, has acquired Berlin's distinctive Tempodrom venue, according to the German news programme, “Abendschau”. The Temprodrom played host to 230 events last year, but, up to now, no one has been interested in acquiring the huge tent shaped venue and it was about to be auctioned. 