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CTS EVENTIM AG (FRA:EVD) Deichbrand, Hurricane, Southside, Rock am Ring, Rock im Park, SonneMondSterne and Greenfield festivals cancelled again due to coronavirus pandemic

Transparency directive : regulatory news

10/03/2021 10:55

DGAP-News: CTS Eventim AG & Co. KGaA / Key word(s): Miscellaneous
Deichbrand, Hurricane, Southside, Rock am Ring, Rock im Park, SonneMondSterne and Greenfield festivals cancelled again due to coronavirus pandemic

10.03.2021 / 10:55
The issuer is solely responsible for the content of this announcement.


Press Release

Deichbrand, Hurricane, Southside, Rock am Ring, Rock im Park, SonneMondSterne and Greenfield festivals cancelled again due to coronavirus pandemic

Munich, 10 March 2021. The 'Deichbrand', 'Hurricane', 'Southside', 'Rock am Ring', 'Rock im Park', 'SonneMondSterne' and 'Greenfield' festivals have had to be cancelled again this year because of the coronavirus pandemic. The promoters were compelled to call off the events due to the ongoing uncertainty about infection rates and mutations. The decision was announced today by CTS EVENTIM's promoter network, EVENTIM LIVE.

All ticket holders will be given a convenient opportunity to attend the 2022 festivals. Further information can be found in the FAQs provided by the respective festivals and promoters.

Klaus-Peter Schulenberg, CEO of CTS EVENTIM, said, 'We regret these cancellations very much and share the disappointment of everyone involved. But precedence must, of course, be given to safeguarding and protecting the health of fans, performers, festival teams and partners. However, it is also clear that this continuing uncertainty is further exacerbating the dramatic financial situation in which the live music industry finds itself. We are working on many levels to ensure that live culture can return to the stage as quickly and safely as possible.'

Dr Frithjof Pils, managing director of EVENTIM LIVE, added that '2021 was actually meant to be the summer of reunions, and festival organisers have invested a great deal of time and energy in sanitary and infection control concepts to make that possible. But given the persistent epidemiological situation and the associated restrictions in force, we have had to accept with a heavy heart that festivals of this magnitude are not yet feasible at present. We are therefore focusing on the 2022 festival summer and want to make it unforgettable for all of us.'

About CTS EVENTIM
CTS EVENTIM is one of the leading international providers of ticketing services and live entertainment. In 2019, around 250 million tickets were marketed using the company's systems - be it through stationary box offices, online or from mobile terminals. Its online portals operate under brands such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it and entradas.com. The EVENTIM Group also includes many concert, tour and festival promoter companies for events like 'Rock am Ring', 'Rock im Park', 'Hurricane', 'Southside' and 'Lucca Summer'. In addition, some of Europe's most renowned venues are operated by CTS EVENTIM, for example 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. In 2019, its 3,202-strong workforce generated more than 1.4 billion Euro in sales revenue in 21 countries.

Head of Corporate Communications:
Frank Brandmaier
Tel.: +49 40 380788-7299
frank.brandmaier@eventim.de



10.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: CTS Eventim AG & Co. KGaA
Rablstr. 26
81669 München
Germany
Phone: 0421/ 3666-0
Fax: 0421/ 3666-290
E-mail: info@eventim.de
Internet: www.eventim.de
ISIN: DE0005470306
WKN: 547030
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1174466

 
End of News DGAP News Service

1174466  10.03.2021 

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