- The Joint Venture has acquired majority stakes in Punto Ticket and Teleticket, the leading ticketing providers in Chile and Peru
- EVENTIM is now providing ticketing services in three of South America’s biggest live entertainment markets
Munich, 21 Nov. 2023 – CTS EVENTIM, a leading international provider of ticketing services and live entertainment, and Sony Music Latin Iberia, are expanding the EVENTIM joint venture to acquire Punto Ticket in Chile and Teleticket in Peru. These acquisitions will provide ticketing systems and related services to concert promoters and venues across the two countries. Corporate leadership for the acquired companies will remain in place.
In 2016, CTS EVENTIM and Sony Music Latin Iberia formed a joint venture to provide ticketing services in Brazil, leveraging both CTS EVENTIM’s state-of-the-art technology platform and Sony Music Latin Iberia’s broad range of Latin American business. Today’s announcement establishes the partnership’s continued commitment to providing robust services across South America for the dynamic live entertainment market.
Klaus-Peter Schulenberg, CEO, CTS EVENTIM: “South America is a real growth market for ticketing and live entertainment. We’re delighted to be partnering with Sony Music in two more extremely dynamic territories, and to have Punto Ticket Chile and Teleticket Peru joining our global network.”
Afo Verde, Chairman and CEO, Sony Music Latin Iberia: “The expansion of our operations to Chile and Peru showcases our continued commitment to fans, artists, promoters, venues, and the live music business. Chile and Peru are exciting, growing markets and a vital stop for both Latin and international touring superstars alike. We look forward to our continued partnership with EVENTIM to provide top of class service and solutions to both consumers and our clients in these markets.”
Danton Vinales, Founder and CTO, Punto Ticket: “This partnership propels us into a new growth trajectory within the impressive CTS EVENTIM and Sony Music network. The collaborative essence of this venture not only enriches our technological skills but also amplifies the service quality for promoters, artists, and fans as well. As we complement our local expertise with global capabilities, the future is ripe with promises of superior live entertainment experiences. I, alongside the Punto Ticket & Teleticket teams, eagerly anticipate the remarkable journey and achievements ahead with our new partners.”
