Independence

Live Entertainment, a Cash Machine

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Date: 03.10.24

Economic concentration in the cultural field is now the main threat when it comes to freedom of creation, diversity of programming, and pluralism of expressions. While France, Italy, or Belgium are going through dangerous times of extreme concentration both in the media and cultural sectors, the focus is set on Germany’s music industry here. Let’s take a closer look at CTS Eventim, Germany’s overshadowing giant. 

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Author: Nepthys Zwer

Photo credit: Gaetan Clement

Today, streaming has replaced recorded music as a source of income for creative people in the music industry. Performing live at festivals and concerts is almost compulsory. In Germany, live music has become the locomotive of the music market, and online ticketing has grown accordingly. Selling tickets online is a strategic advantage for those wishing to conquer this market, as is the case with CTS Eventim (the companies in this holding company operate under similar names, and we are keeping Eventim's name for the sake of simplicity). The example of the German ticketing and live entertainment giant gives us an idea of the dynamics of economic concentration in the music ind...

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