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    EQS-Adhoc  181  0 Kommentare CTS EVENTIM and AXS to become Ticketing Service Provider for the Los Angeles 2028 Olympic and Paralympic Games

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    • CTS Eventim and AXS to provide ticketing services for LA 2028 Olympics
    • Agreement includes ticketing software, staffing, management, and marketing
    • Expect positive revenue contribution in lower three-digit million Euro range

    EQS-Ad-hoc: CTS Eventim AG & Co. KGaA / Key word(s): Joint Venture
    CTS EVENTIM and AXS to become Ticketing Service Provider for the Los Angeles 2028 Olympic and Paralympic Games

    21-Feb-2024 / 18:55 CET/CEST
    Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.


    AD HOC DISCLOSURE 

    Public disclosure of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014 (Market Abuse Regulation)

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    CTS EVENTIM and AXS to become Ticketing Service Provider for the Los Angeles 2028 Olympic and Paralympic Games

    Los Angeles/Munich, 21 Feb. 2024 – CTS EVENTIM AG & Co. KGaA announces that its wholly-owned subsidiary, EVENTIM USA LLC, along with AXS Group LLC, a wholly owned subsidiary of Anschutz Entertainment Group (AEG), has entered into an agreement with the Los Angeles 2028 Organising Committee for the Olympic and Paralympic Games. This agreement appoints a joint venture as the official ticketing service provider of the Los Angeles 2028 Olympic and Paralympic Games, providing ticketing software, professional staffing, management, marketing, and related support services for their ticketing program.

    The LA28 Olympic Games will be held from 14 to 30 July, and the LA28 Paralympic Games will run from 15 to 27 August.

    CTS EVENTIM expects from the agreement a positive revenue contribution in the lower three-digit million Euro range.

     

    About CTS EVENTIM
    CTS EVENTIM is the number one provider of ticketing services in Europe and number two in the world. Over 300 million tickets per year are marketed using the Company’s systems – through physical box offices and mobile/online portals. According to Pollstar’s global rankings for 2023, the EVENTIM Group is the second-biggest promoter in the world. In addition, CTS EVENTIM operates some of Europe’s most renowned venues. CTS Eventim AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is a member of the MDAX segment. In 2023, the Group generated revenue of EUR 2.4 billion across more than 25 countries.

     

    CORPORATE COMMUNICATIONS
    Christian Colmorgen
    Vice President Corporate Communications
    christian.colmorgen@eventim.de

     

    INVESTOR RELATIONS
    Marco Haeckermann
    Vice President Corporate Development & Strategy
    marco.haeckermann@eventim.de



    End of Inside Information

    21-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
    Archive at www.eqs-news.com


    Language: English
    Company: CTS Eventim AG & Co. KGaA
    Rablstr. 26
    81669 München
    Germany
    Phone: 0421/ 3666-0
    Fax: 0421/ 3666-290
    E-mail: info@eventim.de
    Internet: www.eventim.de
    ISIN: DE0005470306
    WKN: 547030
    Indices: MDAX
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
    EQS News ID: 1842423

     
    End of Announcement EQS News Service

    1842423  21-Feb-2024 CET/CEST

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    CTS Eventim

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    ISIN:DE0005470306WKN:547030


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    EQS-Adhoc CTS EVENTIM and AXS to become Ticketing Service Provider for the Los Angeles 2028 Olympic and Paralympic Games EQS-Ad-hoc: CTS Eventim AG & Co. KGaA / Key word(s): Joint Venture CTS EVENTIM and AXS to become Ticketing Service Provider for the Los Angeles 2028 Olympic and Paralympic Games 21-Feb-2024 / 18:55 CET/CEST Disclosure of an inside information acc. …

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