CTS Eventim AG & Co. KGaA

CTS EVENTIM and Medusa expand live entertainment activities in the southwest of Germany

DGAP-Media / 19.01.2017 / 10:00

PRESS RELEASE


CTS EVENTIM and Medusa expand live entertainment activities in the southwest of Germany

New local Medusa promoter VADDI CONCERTS starts business operations in Freiburg / Marc Oßwald assumes management role


Munich, 19 January 2017. Medusa Music Group, belonging to MDAX-listed CTS EVENTIM AG & CO. KGaA, has created a new basis for the expansion of their live entertainment business in southwest Germany at the beginning of the year. With newly founded Vaddi Concerts GmbH, a fully owned subsidiary of Medusa, a new powerful promoter in the Freiburg area will be established.

Managing Director of Vaddi Concerts will be Marc Oßwald, a known face in the German music business and deeply rooted in South Germany. Oßwald became known through his activity as manager and promoter of Dieter Thomas Kuhn & Band and he has managed KOKO & DTK Entertainment GmbH's affairs since 2001 and led the "Zelt Musik Festival" in Freiburg since 2007. Aside from Oßwald, second Managing Director will be Dr. Frithjof Pils.

In autumn 2016 it became public that Marc Oßwald had separated from his long-time co-shareholders and co-directors at KOKO & DTK Entertainment GmbH. At Vaddi Concerts GmbH he will now take care of a wide-ranging event program in Baden-Wuerttemberg and the surrounding regions in Bavaria, Austria, Switzerland and France. In addition to the location in Freiburg a second office is planned to open in Tuebingen in September 2017.

Marc Oßwald is full of anticipation and drive: "I'm looking forward to the new challenge as a part of the CTS EVENTIM-group! We will build a strong team which will ultimately benefit the whole region."

Dr. Frithjof Pils: "We are happy to have won, with Marc Oswald, another outstanding promoter personality for our activities. His experience and network will help us to quickly develop Vaddi Concerts into a major force in the south-west German live event scene."

 

About CTS EVENTIM

MDAX listed CTS EVENTIM AG & Co. KGaA (ISIN DE 0005470306) is Europe's market leader in the ticketing field, with operations in 25 countries, and one of the leading providers of live entertainment. More than 140 million tickets for more than 200,000 events are marketed annually via EVENTIM group systems. In addition to more than 20,000 stationary outlets in Europe, EVENTIM distributes tickets via online platforms and call centres. Among others, EVENTIM group operates the online portals eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, lippu.fi and entradas.com.

For further information:
Engel & Zimmermann AG, Unternehmensberatung für Kommunikation

Dr. Andreas Bachmeier, Tel. [phone], [e-mail]

End of Media Release

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Issuer: CTS Eventim AG & Co. KGaA

Key word(s): Entertainment

19.01.2017 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
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Language:	English
Company:	CTS Eventim AG & Co. KGaA
	Rablstr. 26
	81669 München
	Germany
Phone:	0421/ 3666-233
Fax:	0421/ 3666-290
E-mail:	[e-mail]
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

End of News	DGAP Media

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