The ticketing giant expands its general admission offering in Australia and New Zealand, with the acquisition of Sydney-based Moshtix.
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Ticketmaster acquires Czech Republic’s Ticketpro
The world's largest ticketing company has entered the Czech Republic and Poland with the buy-out of Serge Grimaux's Ticketpro
By Jon Chapple on 16 Feb 2017
image © Nouvelle Prague
Ticketmaster has acquired Czech primary ticket agency Ticketpro.
Ticketpro, founded in 1992, is based chiefly in the Czech Republic and Poland, and has also licensed its TicketSoft software to agencies internationally, including in Hungary, Belarus and Chile.
The acquisition will, says global market leader Ticketmaster, offer it the “opportunity to extend its international ticketing business activities into another key central European market […] as well as complement the development of its existing business in neighbouring Poland”.
“The live entertainment industry continues to flourish,” says Ticketmaster International president Mark Yovich. “There are more events taking place and artists on the road than ever before, coupled with increasing demand from fans across the world. Acquiring Ticketpro enables us to better service our clients in central Europe while providing a world-class service to the many fans in these countries.”
“This is an exciting time for the business and the live entertainment industry in this part of the world”
Serge Grimaux (pictured), the outgoing CEO of Ticketpro, adds: “Having started our business in the Czech Republic, Ticketpro has established a proven track record in Central Europe and many emerging markets around the world. Combining this with Ticketmaster’s global scale and reach will ensure that Ticketpro continues to provide an even better experience to its current fans, while attracting considerably more.
“This is an exciting time for the business and the live entertainment industry in this part of the world. For me, it is the end of a ticketing journey which has lasted over 25 years.”
According to the International Ticketing Yearbook 2016, Ticketpro rival Ticketportal is currently the largest ticketing company in the Czech Republic, “thanks largely to its exclusive deal with the O2 Arena in Prague”.
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