Alda, Eventim to launch German EDM promotion JV

The newly SFX-less promoter and Europe's largest ticketer will join forces to "drive forward the growing genre of electronic dance music in Germany"

Pyrotechnics at the 2015 edition of Alda trance event Electric Festival © Joep van Aert

CTS Eventim and Dutch dance music promoter Alda Events have announced plans for a joint venture in Germany. The JV, which will operate under the Alda brand, will serve vehicle for Alda to enter the German market and for Eventim to expand its presence in electronic/DJ events.

CTS Eventim and Dutch dance music promoter Alda Events have announced plans for a joint venture in Germany.

The JV, which will operate under the Alda brand, will serve vehicle for Alda to enter the German market and for Eventim to expand its presence in electronic/DJ events. Headquartered in Hamburg, it will be 51% owned by CTS Eventim and 49% by Alda.

“With this new joint venture we further strengthen our position in European live entertainment,” says CTS…

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