CTS Eventim AG & Co. KGaA Stock

Description CTS Eventim

CTS Eventim is a German multinational company that operates in the live entertainment industry. It was founded in 1989 and is headquartered in Munich, Germany. The company is one of the leading ticketing and live event promoters in Europe.

CTS Eventim provides ticketing services for various live events such as music concerts, festivals, sports events, theater shows, and art exhibitions. The company operates through two business segments, Ticketing and Live Entertainment.

The Ticketing segment offers ticket distribution, event management, and marketing services to event organizers and promoters. The company operates several ticketing websites across Europe and also offers a mobile app for ticket sales and event management.

The Live Entertainment segment is responsible for promoting live events and managing talent. The business segment also includes the operation of music venues and the production of music festivals.

The company is listed on the Frankfurt Stock Exchange and has a market capitalization of more than EUR 6 billion. CTS Eventim has a strong presence in Europe with operations in 24 countries and more than 4,000 employees.

Competitors of CTS Eventim

CTS Eventim is a publicly traded German company that operates in the event ticketing and promotion sector. The company is one of the market leaders in Europe, but it faces strong competition from other players in the industry.

Here are some of the most significant competitors of CTS Eventim:

1. Ticketmaster: Ticketmaster is based in the United States, and it is one of the largest event ticketing companies globally. The company dominates the North American market and has a strong presence in Europe and other regions.

2. StubHub: StubHub is another major player in the event ticketing sector. The company is based in the United States and operates in several markets worldwide. It is particularly well-known for its secondary ticketing platform, where customers can buy and sell tickets to sporting and entertainment events.

3. Live Nation Entertainment: Live Nation Entertainment is a vertically integrated event promotion and ticketing company. It is based in the United States and owns several leading event brands, including Ticketmaster, Live Nation Concerts, and House of Blues.

4. Eventbrite: Eventbrite is a global ticketing and event technology platform that caters to a broad range of event types and sizes. The company's self-service platform allows event organizers to create, promote, and sell tickets to their events.

5. Ticketek: Ticketek is an Australian-based event ticketing company that operates in several markets around the world. The company is known for its strong relationships with sports teams and venues, particularly in the Asia-Pacific region.

Overall, CTS Eventim competes with these companies and others in a highly competitive market. The industry is rapidly evolving, with new technologies and business models disrupting traditional ticketing and promotion channels, making it essential for CTS Eventim to continue to innovate to remain competitive.

Suppliers of CTS Eventim

CTS Eventim is a publicly traded company that provides ticketing services for live events such as concerts, sports events, and theater performances. As a result, CTS Eventim has multiple suppliers that are crucial to its business operations. Some of the most important suppliers of CTS Eventim include:

1. Ticketing Software Providers: CTS Eventim relies heavily on ticketing software solutions to manage ticket sales for events. The company partners with leading ticketing software providers such as SAP and Vivaticket to develop and implement robust ticketing systems.

2. Event Venues: CTS Eventim also relies on various event venues to host events. These venues include stadiums, arenas, theaters, and concert halls. The company works closely with venue owners and event organizers to ensure smooth ticket sales and event management.

3. Event Promoters: Another critical supplier for CTS Eventim is event promoters or organizers. These are individuals or companies responsible for planning and producing the live events. CTS Eventim collaborates with event promoters to market events effectively and ensure maximum ticket sales.

4. Payment Service Providers: As a ticketing service provider, CTS Eventim requires a reliable payment processing system. The company partners with leading payment service providers such as Adyen and PayPal to process payments for ticket sales.

5. Logistics and Transportation Providers: CTS Eventim also relies on logistics and transportation providers to deliver tickets to customers efficiently. These include courier companies, shipping companies, and parcel delivery services.

Overall, CTS Eventim's success is highly dependent on these suppliers, and the company works hard to maintain strong relationships with them to ensure the smooth and efficient operation of their ticketing services.