DGAP-News

CTS Eventim AG & Co. KGaA: FOUR ARTISTS join CTS EVENTIM group

DGAP-News: CTS Eventim AG & Co. KGaA / Key word(s): Investment CTS Eventim AG & Co. KGaA: FOUR ARTISTS join CTS EVENTIM group 29.03.2017 / 10:00 The issuer is solely responsible for the content of this announcement. PRESS RELEASE FOUR ARTISTS join CTS EVENTIM group EVENTIM's Medusa Music Group acquires majority in booking agency and promoter FOUR ARTISTS / Focus on German language artists / Portfolio of more than 290 artists and more than 2.000 events annually Munich, 29. March 2017. Through its promoter holding Medusa Music Group, MDAX listed CTS Eventim AG & Co. KGaA has acquired a majority stake in Berlin based FOUR ARTISTS group. The move strengthens CTS EVENTIM's position in the European live entertainment business. Completion of the transaction is subject to clearance by the competent antitrust authorities. FOUR ARTISTS Booking Agentur GmbH was founded 1997 in Stuttgart by Germany's most popular rap quartet DIE FANTASTISCHEN VIER and today operates as booking agency and tour promoter. The local promoting business was taken over by sister company FOUR ARTISTS Events GmbH in 2015. Furthermore, FOUR ARTISTS co-organizes festivals like MAGNETIC Festival in Saarbruecken, SPUTNIK SPRINGBREAK FESTIVAL in Leipzig, or FRITZ DEUTSCHPOETEN Festival in Berlin. For its portfolio of more than 290 artists, FOUR ARTISTS organizes over 2.000 live performances each year in Germany and abroad. Artists represented include high profile national acts like Die Fantastischen Vier themselves, Marteria, Seeed, Wanda, Joris, Max Herre, Joy Denalane, Clueso, Boy, Rea Garvey and Scooter, international acts like Charles Bradley, Mac Miller, Jimmy Eat World and The Lumineers, and well-known DJs, among them David Guetta, Fritz Kalkbrenner, Moonbootica and Boys Noize. FOUR ARTISTS is especially renowned for their activities in the genres of Rap, HipHop and German Pop/Rock, and the Berlin team led by managing director Alex Richter has for years been highly respected in the industry.