CTS Eventim’s annual revenue soared in 2021
The pan-European ticketer and promoter attributes the 60% increase mainly to a resurgence in ticket sales, with Ed Sheeran among the bestsellers
News By IQ | 24 March 2022
CTS Eventim has reported a 60% increase in annual revenue during 2021. The Munich-based pan-European promoter and ticketing company saw consolidated revenue rise by 58.8% to €407.8 million, compared to €256.8m in 2020.
According to CTS, the increase was driven mainly by a resurgence in ticket sales, with artists such as Ed Sheeran, Genesis and Udo Lindenberg among the bestsellers.
“The number of events on offer in our ticketing systems is increasing with each new day – a clear sign of growing confidence within the…