Ringier and Eventim found ticketing company
Ringier and the ticket distributor CTS Eventim are founding the ticketing company Eventim CH. The company is set to become the leading Swiss ticket provider.
Switzerland's largest media company and Europe's leading ticket marketer are each acquiring 50 percent of the shares. Operations are scheduled to commence in January 2010. The two parties announced the establishment of the joint venture company on Thursday. According to a press release, the new company will strengthen Ringier's "Entertainment, Electronic Media & Events" division, which also includes the leading Swiss concert and event promoter Good News.
Eventim CH is to become the leading Swiss ticket provider. According to a press release issued on Thursday, Ringier will contribute its entire multimedia capabilities to the joint venture with Eventim: With numerous newspapers and magazines, including Blick or Schweizer Illustrierte, but also with the radio stations Energy Zurich and Radio BE1 as well as the participation in Sat.1-Schweiz. In a further step, Evetnim CH will set up a portal for leisure and events.
Ringier becomes a kind of door opener to the Swiss market for the German ticket distributor. CTS Eventim is active in 19 countries and markets over 70 million tickets for more than 100,000 events throughout Europe every year. Although Eventim already has a presence in Switzerland, Ticketcorner is still the undisputed number 1 with 15 million tickets per year.
Eventim CH is to become the leading Swiss ticket provider. According to a press release issued on Thursday, Ringier will contribute its entire multimedia capabilities to the joint venture with Eventim: With numerous newspapers and magazines, including Blick or Schweizer Illustrierte, but also with the radio stations Energy Zurich and Radio BE1 as well as the participation in Sat.1-Schweiz. In a further step, Evetnim CH will set up a portal for leisure and events.
Ringier becomes a kind of door opener to the Swiss market for the German ticket distributor. CTS Eventim is active in 19 countries and markets over 70 million tickets for more than 100,000 events throughout Europe every year. Although Eventim already has a presence in Switzerland, Ticketcorner is still the undisputed number 1 with 15 million tickets per year.
