Eventim's Q1 2019 results show growth in both revenue and earnings, while the company's financial performance has "accelerated" in Q2
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Eventim joins TM, Eventbrite and Skiddle as ticketing partners of the Slovenian start-up, which connects artists, venues, promoters and agents using the blockchain
By Jon Chapple on 22 Oct 2018
Blockchain-based live music marketplace Viberate has increased the number of tickets on sale through its platform to 70,000 by partnering with CTS Eventim.
Since raising more than US$10m in an initial coin offering (ICO) last August, the Slovenia-based company, which aims to “map the global live music ecosystem” using blockchain technology, has grown its database of musicians, venues, booking agencies and promoters by 270%, and had its VIB tokens listed on 14 cryptocurrency exchanges. It also already has ticket distribution agreements in place with Ticketmaster, Eventbrite and Skiddle.
Oliver Fraemke, senior vice-president of international business development at CTS Eventim, says: “As Europe’s leading ticketing company, generating reach on the web is obviously among our core competencies. Teaming up with an exciting start-up like Viberate adds yet another powerful channel to our ever-increasing number of affiliate outlets.
“Teaming up with an exciting start-up like Viberate adds yet another powerful channel to our ever-increasing number of affiliate outlets”
“Our cooperation will help us draw a much sought-for and highly-attractive customer group to our own Eventim web shops, to the benefit of music fans and artists alike.”
According to the STA news agency, the partnership with the German company will also include its local operations, including Slovenia’s Eventim.si.
“Getting the recognition from the big players in the industry is a huge reward for our work so far,” adds Vasja Veber, Viberate’s COO. “Our team is fully devoted to developing a completely new digital playground for music enthusiasts, industry professionals and crypto fans that will make a huge impact on the industry.”
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