CTS Eventim revenue boosted by live entertainment demand

CTS Eventim AG & Co KGaA

28/05/2026 17:09

May 28 (Reuters) - German ticketing firm CTS Eventim EVDG.DE on Thursday said its revenue grew by 23% in the first quarter of 2026, driven by strong demand for live entertainment. 
"The growth of the Live Entertainment segment was primarily driven by tours and events in a number of markets, including successful US tours and highly popular events in Germany," CTS said.
The company's revenue came in at 613.5 million euros ($714.79 million), up from 498.6 million the same quarter last year
Sales of its live entertainment segment rose 38.3% to 403.6 million euros between January and March
Adjusted EBITDA in the live entertainment segment rose 151.1% year on year
In Q1, Milan’s new Unipol Dome hosted 53 Olympic and Paralympic ice hockey matches, drawing over 400,000 fans
CTS Eventim has handled presales for major global tours by artists such as Taylor Swift, Ed Sheeran and Iron Maiden, and more recently Robbie Williams and Helene Fischer
Live music differs from recorded music, where oversupply drives prices to the lowest common denominator, said Edward Vyvyan of Rothschild & Co Redburn.

 (Reporting by Anastasiia Kozlova; Editing by Matt Scuffham)
 ((Anastasiia.Kozlova@thomsonreuters.com))