Munich, 21 March 2023. CTS EVENTIM, one of the world’s leading providers of ticketing and
live entertainment, U.S. promoters MAMMOTH, INC., and AG ENTERTAINMENT TOURING
have today announced the creation of a new joint venture. Through this partnership, CTS
EVENTIM, MAMMOTH and AG ENTERTAINMENT TOURING will strengthen their positions
in the worldwide touring market, signing top level acts for U.S. and global tours. All three entities
will utilize their vast resources and networks to the partnership.
Music industry veterans MAMMOTH co-founders Jeff Fortier and Josh Hunt have built an
extensive infrastructure for booking, promotion, and production of events across the U.S. CTS
EVENTIM will provide full access to the international EVENTIM LIVE network as well as its
portfolio of products and services around live events and ticketing. The partnership with
MAMMOTH and AG ENTERTAINMENT TOURING sees the EVENTIM LIVE network grow to
38 promoters active around the globe and further strengthens the footprint of EVENTIM LIVE
in the U.S. CTS EVENTIM will hold the majority in the new venture and fully consolidate its
financials according to IFRS.
Klaus-Peter Schulenberg, CEO of CTS EVENTIM, says: “North America is the largest market
in the world for live entertainment and ticketing. Expanding our presence in the U.S. market is
an essential part of our global expansion strategy. We are looking forward to working with the
teams at MAMMOTH and AG to bring exciting tours to fans in the US and around the world.”
Josh Hunt, MAMMOTH comments: “We have really enjoyed getting to know Klaus-Peter,
Frithjof and others on the CTS EVENTIM team. We’re very excited to further build our
connections in their network and continue expanding our touring footprint together with CTS
EVENTIM, AG and all of our co-promoters, friends and partners across the globe. MAMMOTH
was built on mutually beneficial partnerships with our friends, these latest steps with AG and
CTS EVENTIM are a continuation of that philosophy.”
“This global partnership with CTS EVENTIM and MAMMOTH is an exciting opportunity for AG,”
says James Crawford, Co-Owner of AG ENTERTAINMENT TOURING. “Being a part of this
collaboration is sure to bring noticeable touring growth to everyone involved and we’re thrilled
to be a part of the team.”
About CTS EVENTIM
CTS EVENTIM is one of the leading international providers of ticketing services and live
entertainment with more than 250 million tickets marketed per year using the Company’s
systems – via physical box offices, online, or from mobile devices. Its online portals operate
under brands such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and eventim.com.
The promoter network EVENTIM LIVE is recognized as the third largest promoter in the world
according to Pollstar’s global promoter ranking 2022. Its concert, tour, and festival promoter
companies sold more than 20 million tickets in 2022 for events including Rock am Ring, Rock
im Park, Hurricane, Southside, and Lucca Summer. In addition, CTS EVENTIM operates some
of Europe’s most renowned venues: the LANXESS Arena in Cologne, the K.B. Hallen in
Copenhagen, the Waldbühne in Berlin, and the EVENTIM Apollo in London. CTS Eventim AG
& Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is
currently a member of the MDAX segment.
About AG ENTERTAINMENT TOURING
AG ENTERTAINMENT, Inc was created in 1996 by Alex “AG” Gidewon as a nightlife company
based in Atlanta, GA that has been known across the Southeast region for throwing the hottest
parties. The AG brand grew rapidly and within the past 15 years, Alex Gidewon and his
business partner James Crawford saw an opportunity to expand the business by creating AG
ENTERTAINMENT Touring. An elite worldwide touring company brings the biggest and hottest
artists in the music game to cities across the U.S. AG ENTERTAINMENT Touring has traveled
all around the nation showcasing some of the biggest talents such as Lil Baby, Future, Da
Baby, City Girls, Lil Durk, Gunna, Gucci Mane, Rod Wave, Nardo Wick, and many more.
About MAMMOTH, INC.
Established in 2006, MAMMOTH is a live music entertainment company producing a wide
range of events including full scale festivals and tour booking. Venues include arenas, small
independent clubs, numerous boutique amphitheaters, over 40 historic indoor theaters
throughout the country, as well as an independently owned venue portfolio. MAMMOTH holds
relationships with promoters and venues, works with agents to route shows, markets tour dates
with regional and national partners, as well as coordinates the day of show operations and
production. MAMMOTH is co-owned by Jeff Fortier and Josh Hunt who together have over 62+
years of combined music industry experience. The company operates offices in Lawrence, KS,
Kansas City, MO, New York, Los Angeles, the Pacific Northwest and more.
Contact:
Head of Corporate Communications:
Carmen Fesenbeck
Investor Relations:
Marco Haeckermann
Vice President Corporate Development & Strategy
