YouTubeappears to have single-handedly knocked more than 1 billion euros from the market value of CTS Eventim after he criticized the concert promoter and ticketing company on his late-night talk show, Böhmermann, in a 23-minute news-styled feature, bemoaned the company’s dominant market position in promotion and ticketing and a lack of transparency about the fees added to tickets.
CTS Eventim is the largest concert promotion and ticketing company in Europe and had revenues of 1.9 billion euros and sold 69 million tickets online in 2022. Its portfolio includes EDM promoter ALDA Germany; the Rock am Ring and Rock im Park festivals; numerous ticketing brands;
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