Industry News

Ticketmaster expands reach in European sports through Tickethour purchase

 

Ticketmaster has expanded its presence in sport across a number of new jurisdictions through the acquisition of Tickethour, the European sports ticketing provider.

Tickethour operates in Norway, the Netherlands, the UK, Cyprus, Greece and Belgium, and distributes more than 8.5 million tickets per year on behalf of more than 65 clients.

Tickethour brings several new clients to Ticketmaster’s portfolio, including the Olympiacos Football Club and the Onassis Culture Centre in Greece, the Belgian Proleague and the Belgian Proximus League, and other major football teams such as the Viking Football Club in Norway.

“Combining the talents of Tickethour with Ticketmaster will ensure the continued success of Ticketmaster’s sports business and will be a springboard to delivering events in new territories,” Mark Yovich, president of Ticketmaster International, said. “By working with teams, sports leagues, clubs and governing bodies we can leverage our reach to connect millions of sports fans with the events they love.”

Tickethour was founded in 2006 and is led by executive chairman George Bolos and chief executive Stefanos Kakarantzas.

“Joining the Ticketmaster and Live Nation Entertainment family is our biggest achievement to date. We look forward to working together to deliver a truly unique offering to the sports industry which combines unrivalled technology, service and experience and a dedication to deliver more events to more fans than ever before,” Kakarantzas said.

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