Overview
- Streaming has reversed the revenue mix for artists, making live-tour income about 85% of their earnings compared to 15% before the streaming era.
- Infrastructure and personnel costs have increased by 45% since the pandemic due to widespread staff shortages, driving up event expenses.
- Top artists can claim more than 75% of event profits in addition to guaranteed fees, intensifying fee pressures on promoters.
- CTS Eventim reported a net profit of €318.9 million in the past year, up from €274.6 million in 2023, and grew its workforce to nearly 4,900 employees.
- The Munich-based company remains the world’s second-largest ticketing provider behind Live Nation, operating venues and ticket sales across Europe.