Clear Channel Entertainment (CCE) is going
to buy a 20 % stake in CTS Eventim subsidiary Marek Lieberberg
Konzertagentur. Both companies are also supposed to commit
themselves to an exclusive cooperation for shows and concerts
in Austria and Germany.
According to CTS the agreement will be inked
within the very near future. CCE will acquire the 20 % stake
from Marek Lieberberg, who, it is supposed, will remain as
managing director with the company. When Vip News called the
Marek Lieberberg office in Frankfurt no official comment was
available. Nevertheless Klaus Peter Schulenburg, CEO of CTS
told Vip News: “ With the cooperation with Clear Channel
we ensure our content, while at the same time the exclusivity
of the cooperation enables us to continue to grow. When Vip
News asked Schulenberg if this agreement is the result of
negations with CCE earlier in 2002, he says: “This was
the resumption of talks under different conditions.”