CTS Eventim AG & Co. KGaA (CEVMF) Research

CTS Eventim AG & Co. KGaA is a leading participant in the global leisure and live events sector, conducting substantial operations across Germany, Italy, the United States, Switzerland, Austria, Finland, the Netherlands, and Spain, alongside other international markets. The company's operations are divided into two primary areas: Ticketing and Live Entertainment. The Ticketing division manages the entire process of event tickets, from their initial creation and sale to brokerage, distribution, and promotional activities for a diverse array of occasions, including musical concerts, theatrical shows, art exhibitions, sporting competitions, and other gatherings. This segment utilizes several proprietary systems and services: eventim.Web for online marketing of events, EVENTIM.Net as its central network platform, EVENTIM.Inhouse for internal ticketing solutions, EVENTIM.Tixx specifically for sports events, and EVENTIM.Light, which offers self-service tools for event organizers. Additionally, it provides EVENTIM.Access, a complete solution for ticket sales and access control. Beyond these, the Ticketing division oversees kinoheld, a specialized software for cinema operators, and EVENTIM.fanSALE, a secondary marketplace where individuals can resell event tickets to others. The company also maintains a collection of significant online ticketing portals operating under various brand names, such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com. The Live Entertainment division focuses on conceiving, arranging, and delivering a broad spectrum of live experiences, including concert tours, major events, and festivals, with a particular emphasis on music performances. It is also actively involved in promoting music productions and managing event venues. The organization, headquartered in Bremen, Germany, was founded in 1989. It was initially known as CTS EVENTIM AG before officially changing its name to CTS Eventim AG & Co. KGaA in May 2014.

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