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Ticketcorner names Oliver Niedermann as CEO

Leading Swiss ticketing firm Ticketcorner has appointed Oliver Niedermann as the new CEO.

Niedermann joins the company from Raiffeisen Switzerland, the third-largest Swiss banking group, where he has been head of marketing for the past ten years.

At Ticketcorner, he will succeed Andreas Angehrn, who has played a major role in the company’s success in Switzerland since 2010. Angehrn will leave the company at the end of June.

Ticketcorner AG is a wholly-owned subsidiary of Ticketcorner Holding AG, which has been owned in equal shares by CTS Eventim and Ringier since 2010.

Ticketcorner processes more than 10 million ticket sales for 15,000 events per year

Klaus-Peter Schulenberg, chair of the Ticketcorner board of directors and CEO of Eventim Management, says: “We are pleased to have gained a highly qualified marketing and events expert in Niedermann, who will further expand Ticketcorner’s leading position. He brings with him the very best professional prerequisites to gain an even stronger foothold in the Swiss market and make our offer even more attractive to our customers.”

Marc Walder, vice-chair of the Ticketcorner board of directors and CEO of Ringier, added: “I look forward to working with Niedermann and continuing the Ticketcorner success story. The ticketing and events industry is still transforming at a rapid pace, and we are faced with many challenges. With Oliver, we will continue to strengthen the company’s leading position with innovative, smart applications and an attractive offer that meets the needs of Swiss customers.”

Ticketcorner processes more than 10 million ticket sales for 15,000 events per year. In addition to events in the entertainment, culture and sports sectors, this also includes the sale of ski tickets for about 60 ski resorts. The ticketing platform has 200 booking offices throughout Switzerland.

 


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Swiss regulator blocks ticketing merger

The Swiss Federal Competition Commission has refused to sanction the agreed merger of Switzerland’s two largest ticket agencies, Starticket and Ticketcorner.

Ticketcorner – jointly owned by CTS Eventim and Zurich-based conglomerate Ringier – and Starticket – a division of mass-media giant Tamedia – announced their intention to merge last November, five months after the registration of Ticketmaster Switzerland GmbH by Live Nation Luxembourg, which sparked rumours of a local launch of Ticketmaster.

The Federal Competition Commission (Wettbewerbskommission, Weko) began investigating the merger in February, saying it had found evidence of “the creation or strengthening of a dominant market position” in the Swiss ticketing market.

Announcing its decision yesterday, Weko said the new company would have constituted a monopoly, gaining an “increasingly dominant position” for ticket sales in Switzerland.

“The proposed merger would allow the two companies to control the Swiss market … and eliminate effective competition”

“The proposed merger would allow the two companies to control the Swiss market for third-party sales of tickets and eliminate effective competition,” reads a statement. “In addition, the companies’ links with two large media groups, Ringier and Tamedia, would have strengthened the position of the new company in the market (conglomerate effects).”

A statement from Tamedia says the company “regrets the decision” and reserves the right to take legal action.

“The rejection of the merger by the Competition Commission fails to recognise the dynamic development taking place in the ticketing market and weakens Swiss suppliers in international competition,” it says.

 


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