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Austria’s Electric Love curtailed due to weather

Austrian festival Electric Love was forced to shut down for half a day due to the threat of severe weather.

The 70,000-capacity event in Salzburg was scheduled for 4–6 July but its final day was hampered due to forecasted strong winds, heavy rain, and lightning.

Organisers announced at 10:30 on Saturday (6 July) that the festival grounds were expected to open at 20:00, which meant the day’s programming was slashed in half.

Camping guests were advised to “secure their tents” by 16:00 and “seek shelter in a vehicle” while others were asked to refrain from heading towards the venue until clearance was given.

At 20:00, organisers put out a statement saying: “The predicted storm front barely touched the area, but strong winds were still measured in the infield. Therefore, a structural inspection must be conducted before opening.”

“The predicted storm front barely touched the area”

The festival site reopened at 20:45 with a revised programme that ran until the early hours of the morning and included Mau P, Meduza, ELF24 Relive, John Newman, DJ Snake and Toby Romeo.

At the time of writing, Electric Love, which is owned by CTS Eventim-backed Barracuda Music, has not offered refunds to customers.

Electric Love joins a long list of events that have either been cut short or cancelled due to severe weather.

Gazebo Festival, Sueños Music Festival, Lovers & Friends, Slam Dunk Festival and Sol Blume are among the victims, with the US market being hit the worst.

In the US, adverse weather coverage has “increased significantly” in the last five years, according to Jeff Torda from Higginbotham. Backing this point, a recent Billboard article claimed premiums in North America had tripled in recent years.

The latest edition of ILMC also saw industry leaders discussing ways to cope with the impact of weather on festivals and open-air live music events.

 


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Promoter Béchir counts cost of P!nk cancellation

TAKK Entertainment’s Andre Béchir has spoken out after P!nk cancelled her Switzerland concert at short notice over health concerns.

The US superstar was due to perform at Bern’s Wankdorf Stadium last night (3 July), promoted by TAKK, as part of the European leg of her record-setting Summer Carnival Tour, but announced the day before that she would no longer be able to perform.

“I am so sorry that I have had to cancel my show in Bern,” she said on Instagram. “I do everything I can to ensure I can perform for you every night, but after consultation with my doctor and exploring all options available, I’ve been advised that I’m unable to continue with the show tomorrow.

“I was looking forward to being with you and making memories with you and sharing our show with you and am so disappointed that we have to cancel.”

The concert will not be rescheduled, with all tickets to be refunded. And due to the lateness of the cancellation, Béchir indicates the amount not covered by insurance is in the six-figure range.

“We have insurance for such cases, but it certainly won’t cover all the costs,” Béchir tells Berner Zeitung. “We will now renegotiate with all partners. But we will be left with a very red number.

“If she can, she will perform. But her health comes first”

“If the concert had been cancelled a few days earlier, it would have been much cheaper.”

Nevertheless, the veteran promoter acknowledges that P!nk would not have cancelled without good reason. “If she can, she will perform. But her health comes first,” he notes, as per Nau.

Béchir leads CTS Eventim-backed TAKK ab Entertainment AG, which was established last year, alongside TAKK Productions founder Sebastien Vuignier and IQ New Bosses alumnus Théo Quiblier. Béchir’s abc Production was amalgamated with Gadget and Wepromote by CTS shortly before the pandemic hit.

P!nk’s cancellation marked the second time in three years that a TAKK-promoted gig at the Bern stadium has been axed at the 11th hour. The Rolling Stones were forced to pull out of their June 2022 show at the venue after Mick Jagger tested positive for Covid-19. But Béchir insists there are no hard feelings towards the city.

“We are still on very good terms with Bern,” he adds. “Especially with the authorities, such as security director Reto Nause and those responsible at the Wankdorf Stadium. Everyone involved was very understanding about the cancellation. We have a very cooperative relationship.”

The Summer Carnival Tour is due to resume in Denmark this Saturday at Copenhagen’s Parken Stadium.

 


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Rock am Ring & Rock im Park score strong presales

Twin German festivals Rock am Ring and Rock im Park have already sold a combined 50,000 tickets for their anniversary editions in 2025, organisers have revealed.

Rock am Ring has shifted around 30,000 tickets for next year’s festival and Rock in Park 20,000 in the first 24 hours of the presale beginning on Monday.

Nürburgring’s Rock am Ring celebrates its 40th anniversary next year, while Nürnberg’s Rock im Park turns 30, with metal icons Slipknot the first headliner to be confirmed. Weekend passes for the former cost €179, with camping tickets for the latter event starting at €248.

The events are set to return from 6-8 June next year and will feature around 100 acts – more than ever before – made possible by a fourth stage introduced especially for the anniversary editions. As per Frontstage, there will also be new camping categories as well as other innovations announced in the next few months.

The 2024 incarnation of the FKP Scorpio/eventimpresents/DreamHaus-promoted festivals each attracted in the region of 80,000 fans last weekend to see artists such as Die Ärzte, Avenged Sevenfold, Queens of the Stone Age and Green Day.

“The positive response to this year’s festivals was overwhelming, so we are all the more pleased that fans are just as excited about the big anniversary year”

“The positive response to this year’s festivals was overwhelming, so we are all the more pleased that fans are just as excited about the big anniversary year as we are and are securing their tickets early,” says DreamHaus CEO and festival organiser Matt Schwarz.

FKP expanded its collaboration with CTS stablemate DreamHaus by forming a strategic partnership to co-promote Germany’s Rock am Ring/Rock im Park and Hurricane/Southside festivals together from this year. Previously, DreamHaus and FKP Scorpio had already jointly organised the Tempelhof Sounds Festival in Berlin in 2022.

Last year, FKP’s Hurricane and Southside, which will be held from 21-23 June, also set advance booking records after putting tickets on sale for 2024. The festivals will star the likes of Ed Sheeran, Avril Lavigne, The National, The Kooks, The Offspring, The Hives, Jungle and Fontaines DC.

Fans bought over 50,000 tickets on the first day of the presale, setting a new bar in the 20-plus-year history of the twin festivals in Scheeßel (Hurricane) and Neuhausen ob Eck (Southside), which have a combined capacity of 143,000. Each batch of 10,000 tickets for the first price level of €199 sold out within just 20 minutes for both festivals.

 


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CTS Eventim completes See Tickets deal

CTS Eventim has completed its acquisition of Vivendi’s festival and international ticketing businesses in a €300 million deal.

The agreement includes See Tickets and a portfolio of 11 festivals including the UK’s Love Supreme and Kite, as well as Garorock in France. Vivendi concert halls including L’Olympia concert hall in Paris, plus See Tickets France and Brive Festival, are not part of the deal.

The French firm’s ticketing and festival activities acquired by CTS collectively produced €137 million in revenues in 2023. The ticketing division generated roughly €105m of that, with an EBITDA of €26m.

The UK market was responsible for the largest share of the revenues, followed by the US, while the festival business generated an additional €32m in revenues. Vivendi bought See Tickets for €96m in 2011. The UK-headquartered ticketing company, which operates in nine countries worldwide, sold around 44 million tickets in 2023.

The companies say the transaction offers new development opportunities to Vivendi’s festival portfolio and See Tickets’ international activities, while ensuring maximum continuity for all their partners. Both See Tickets and the festival business will retain their existing identities and management.

A put option agreement was signed on 2 April.

“The acquisition supports our internationalisation strategy and will also benefit artists and their managers, as we will be able to offer even more seamless services on a global scale”

“With See Tickets and its festival operations, Vivendi has established two notable players in the ticketing and live entertainment sector,” said CTS CEO Klaus-Peter Schulenberg at the time. “I’d like to thank Vivendi for the productive negotiations, which have created a strong foundation for success in an industry enjoying robust growth across Europe.

“The acquisition supports our internationalisation strategy and will also benefit artists and their managers, as we will be able to offer even more seamless services on a global scale. We look forward to collaborating with our new colleagues on shaping the future of live entertainment.”

Pan-European giant CTS’ share price currently sits at €80.45 and is up 28% for the year to-date. The German-headquartered company was among several parties to register interest in buying See Tickets, along with AEG.

In its recently published financial results for Q1 2024, CTS posted consolidated revenue of €408.7m, up 11.6% year-on-year. Ticketing revenue climbed by 23.3% year-on-year to €182.8m, while adjusted EBITDA rose by 24.9% to €83.3m. It acquired Punto Ticket and Teleticket, market leaders in Chile and Peru, respectively, in late 2023.

CTS, which recently confirmed its 18th record year of revenue since its IPO in 2000, also recently secured ticketing deals for several international handball tournaments and was appointed official ticketing service provider for the 2028 Olympics and Paralympics in partnership with AEG’s AXS.

 


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CTS Eventim shares rocket 10% after Q1 results

Shares in CTS Eventim are approaching an all-time high after the firm achieved “sustained dynamic growth” in the first quarter of 2024.

The German-headquartered group posted consolidated revenue of €408.7 million for the three-month period, up 11.6% year-on-year, with adjusted EBITDA soaring by 36.3% to €92.2m. On the back of the figures, its share price soared more than 10% this morning (23 May) to €89.15.

It was announced last month that the company is set to acquire See Tickets and a portfolio of festivals from Vivendi. CTS also recently secured ticketing deals for several international handball tournaments and was appointed official ticketing service provider for the 2028 Olympics and Paralympics in partnership with AXS.

“CTS Eventim achieved sustained dynamic growth in its operating business in Q1, and had remarkable success in winning a number of substantial tenders”

“CTS Eventim achieved sustained dynamic growth in its operating business in Q1, and had remarkable success in winning a number of substantial tenders for major sporting events,” says CEO Klaus-Peter Schulenberg. “These will create positive momentum for the company’s development over the medium and long term. The ticketing for the 2028 Olympic and Paralympic Summer Games in Los Angeles will give an extra boost to our already successful entry into the North American market.”

Q1 ticketing revenue climbed by 23.3% year-on-year to €182.8m. Adjusted EBITDA rose by 24.9% to €83.3m. Punto Ticket and Teleticket, market leaders in Chile and Peru, respectively, were consolidated for a full quarter for the first time, having been acquired in late 2023.

CTS’ live entertainment segment’s revenue also increased by 4.8% to €234.4m in the  quarter of 2024, while adjusted EBITDA stood at €8.9m – almost €8m higher than in the prior year.

 


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Jason Miller steps down at Eventim Live Asia

Eventim Live Asia (ELA) CEO Jason Miller is stepping down from operational duties at the company, but will retain his ownership stake.

CTS Eventim launched ELA, an expansion of its European promoter alliance Eventim Live, in 2021 with a focus on China, Japan, South Korea, Singapore, Hong Kong, Taiwan, Indonesia, the Philippines, Thailand, Vietnam and Malaysia.

Singapore-headquartered ELA was founded as a partnership between CTS and Miller. However, Music Business Worldwide reports the former CAA agent and Live Nation executive has announced his departure from the JV after three years at the helm.

Under Miller’s leadership, ELA staged events in 20 cities, spanning 13 countries and four continents.

“The people are in place and the foundation has been laid for ELA to continue to gain market share and thrive”

“We launched ELA during the height of the pandemic with the simple goal of expanding CTS Eventim‘s global footprint. I am proud to say that we have accomplished our mission,” says Miller. “Over the past years, I have assembled a diverse, talented team in three countries, and together we have produced an incredible run of successful shows. The people are in place and the foundation has been laid for ELA to continue to gain market share and thrive.

“Live entertainment is booming, and I am excited to explore new opportunities to build and further develop great businesses within our industry.”

Miller was previously Live Nation’s SVP of international and emerging markets, leading LN’s touring activity across its Asia and the Middle East offices prior to his departure in 2020. He produced 80% of the last decade’s highest-grossing Asian tours for Western artists, including Bruno Mars, Coldplay, Madonna, Maroon 5 and U2.

Miller is yet to elaborate further on his future plans.

 


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Eventim warning after hackers target Eras tickets

Eventim has temporarily postponed the resale for the German dates of Taylor Swift’s Eras Tour after hackers attempted to steal digital tickets for the concerts.

Swift will visit Germany this summer for sold-out concerts at Gelsenkirchen’s Veltins-Arena (17-19 July), Volksparkstadion in Hamburg (23-24 July) and Munich’s Olympic Stadium (27-28 July). Her European tour launches in France tomorrow (9 May) with the first of four shows at Paris La Défense Arena.

According to Heise, cyber criminals are believed to have gained access to user accounts by trying out usernames and passwords from data dumps on the darknet, known as “credential stuffing”, before offering the tickets for resale on Eventim’s FanSale platform.

Eventim, which contacted the police over the matter, says the number of unauthorised resales was in “the low double-digit range”, while the transactions identified as fraudulent have since reversed, and the buyers refunded.

“By using Eventim.Pass with exclusively digital tickets, on the one hand, the identified, abusive transactions were reversed,” a company spokesperson tells Watson. “On the other hand, the funds of the buyers of the stolen tickets were secured from being forwarded so that they can be refunded.”

Eventim says it has reset the “passwords of accounts that we classify as potentially at risk”

It has reset the “passwords of accounts that we classify as potentially at risk”, and is encouraging other users to follow suit.

“As email and password data was used that has very likely been in circulation for some time, we recommend that users first change their email password and then the password for their customer account,” advises the firm.

Elsewhere in Europe, it was reported last month that UK Swifties are estimated to have lost over £1 million (€1.2m) in a wave of online scams since tickets went on sale for the European leg of The Eras Tour last July, according to data from Lloyds Bank.

Meanwhile, a so-called Taylor Swift bill has been signed into law in Minnesota, US, to offer online ticket buyers more transparency and protection. AP reports the law, which will apply for concerts or other live events held in the state, will require sellers to disclose all fees upfront and ban resellers from selling more than one copy of a ticket, among other measures.

 


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CTS Eventim secures TikTok ticketing partnership

Pan-European live entertainment company CTS Eventim has become the latest ticketing giant to launch a global partnership with TikTok.

A new ticketing feature, which will enable fans to discover tour dates and buy tickets through CTS from within the TikTok platform, is available now in Germany, with rollout in other markets set to begin shortly.

“We are very excited to launch this new partnership in Germany, where Eventim holds a strong position in the ticketing market,” says TikTok’s global music partnership development lead Michael Kümmerle. “We want to give artists the opportunity to promote their live dates and drive ticket sales through great partners like Eventim, and we look forward to bringing this opportunity to artists all over the world in the near future.”

“Artists gain incredible reach through the TikTok platform… This new partnership will allow them to translate that reach into an effective new marketing channel”

Any Certified Artist on TikTok in participating countries can select CTS Eventim under the “Add link” option before posting a video and can then search for any event on CTS  and select “Add to video” to add the link. Once creators share their video, TikTok users will see a “Get Tickets” button within the video description that directs them to CTS, where they can buy tickets.

The video app expanded its partnership with Ticketmaster last year to more than 20 new markets following the launch of the link-up in the US in 2022, and recently confirmed a link-up with AEG’s AXS.

“As a partner to artists and concert promoters in Europe and globally, we’re always looking for ways to enrich our services to them,” says CTS Eventim COO Alexander Ruoff. “Artists gain incredible reach through the TikTok platform – so we’re delighted this new partnership will allow them to translate that reach into an effective new marketing channel.”

 


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CTS Eventim wins race to acquire See Tickets

CTS Eventim is set to acquire See Tickets and a portfolio of festivals from the French-headquartered media group Vivendi.

The German live entertainment behemoth was among several parties to register interest in buying See Tickets, along with Anschutz Entertainment Group (AEG).

However, CTS today announced it has signed a put option agreement on Vivendi’s festival and international ticketing activities, which form part of its Vivendi Village subsidiary.

The transaction is expected to be complete in the coming months and both See Tickets and the festival business will retain their existing identities and management.

While the price of the acquisition was not revealed, the Financial Times reported that Vivendi was seeking up to £300 million (€351m) for See Tickets, which the French firm bought for €96m in 2011.

The UK-headquartered ticketing company, which operates in nine countries worldwide, sold around 44 million tickets in 2023.

Also included in the CTS deal is Vivendi’s festival arm, which includes 11 events such as the UK’s Love Supreme and Kite, and Garorock in France.

The ticketing and festival activities that CTS Eventim is set to acquire from Vivendi collectively produced €137 million in revenues in 2023.

“CTS Eventim will be the right company to bring our ticketing and festival activities to new heights”

The ticketing business generated roughly €105 million of that, with the UK market responsible for the largest share, followed by its US market. The festival business that is part of the current deal generated an additional €32 million.

Vivendi’s performance hall activities, including L’Olympia in Paris, as well as See Tickets France and Brive Festival, are not part of the agreement.

“With See Tickets and its festival operations, Vivendi has established two notable players in the ticketing and live entertainment sector,” says Klaus-Peter Schulenberg, CEO, CTS Eventim.

“I’d like to thank Vivendi for the productive negotiations, which have created a strong foundation for success in an industry enjoying robust growth across Europe. The acquisition supports our internationalisation strategy and will also benefit artists and their managers, as we will be able to offer even more seamless services on a global scale. We look forward to collaborating with our new colleagues on shaping the future of live entertainment.”

Hala Bavière, CEO of Vivendi Village and member of the Executive Committee of Vivendi: “I am proud of what has been accomplished over more than a decade and extremely grateful for the strong dedication of all the teams involved. We at Vivendi are convinced that CTS Eventim will be the right company to bring our ticketing and festival activities to new heights, supporting See Tickets to remain a state-of-the-art company in services and technology, while fostering the growth of the festivals and preserving their unique identities and audience.”

CTS Eventim recently confirmed its 18th record year of revenue since its IPO in 2000. The pan-European ticketing and live entertainment giant’s annual revenue was up 22% in 2023, surpassing €2 billion for the first time to reach €2.359bn, while normalised EBITDA increased at 32% to reach €501.4 million.

Meanwhile, the firm’s share price has increased by 11.20% in the past five days, reaching an all-time high of €83.60 this morning.

 


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CTS Eventim EVP steps down after 26 years

CTS Eventim’s executive vice president and general counsel Rainer Appel is leaving the company at the end of March, after 26 years.

Following his departure, the long-serving executive will transition to an advisory role at the German live entertainment firm.

His position as non-executive director for the Italian subsidiary TicketOne and for the Eventim Apollo in London will not be affected.

Arne Fritz, vice president venues & real estate, will take over Appel’s venue business. Tilman Wink will assume the role of general counsel and head of the legal department from 1 April.

“I am extremely grateful to Rainer for his loyalty, his tireless dedication and the excellent collaboration that has connected us for more than a quarter of a century. CTS Eventim has grown tremendously during this time, and Rainer always kept his eye on the big picture, without losing sight of the important details. So I’m delighted that he will continue to work with us in an advisory role. I wish Rainer the very best for this new phase of life,” says Klaus-Peter Schulenberg, CEO, CTS Eventim.

“I am extremely grateful to Rainer for his loyalty, his tireless dedication and the excellent collaboration”

Appel adds: “After nearly 26 years of making CTS Eventim my priority, it’s now time for me to focus more on my personal life. I was lucky to experience an incredibly exciting phase in the evolution of a wonderful company and I am deeply thankful to Klaus for the trust he put in me. I am also grateful to my colleagues, everyone at CTS Eventim, and the countless other outstanding people I had the honour of working with over so many years.”

After joining the company in 1998, Appel was actively involved in the growth of the CTS Eventim group. Alongside his role as general counsel, he took responsibility for many other areas of the business, including corporate communications and international business development.

Over the past 16 years, Appel established and grew CTS Eventim’s venue division, which today includes some of the best-known and most popular event venues in Europe.

Appel also drove forward the planning and construction of the largest and most sustainable multifunctional arena in Italy, Arena Santa Guilia, which will be completed in late 2025.

In the past fortnight, CTS Eventim has enjoyed several milestones including its 18th record year of revenue since its IPO in 2000 and its highest-ever share price, which today peaked further at €82.20.

 


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