Ticketmaster expands sporting reach with Tickethour acquisition

Global ticketing giant Ticketmaster has announced its acquisition of sports ticketing provider, the Tickethour Group.

The acquisition by the Live Nation company, which delivers more than 530 million primary tickets each year, will expand its presence in 25 countries across Europe and the Middle East. 

Founded in 2006 and specialising in sports ticketing technology, Tickethour distributes more than 8.5 million tickets for more than 65 clients per year.

The acquisition further extends Ticketmaster's worldwide sports ticketing presence. Already the official ticketing provider for Premier League clubs such as Arsenal, Tottenham Hotspur and West Ham United, the Rugby Football Union as well as Wimbledon, Copa America, NFL, NBA, NHL, Ticketmaster also counts hundreds of professional and college sport teams as partners globally. Tickethour brings key clients to the Ticketmaster 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.

Announcing the acquisition, Ticketmaster International President Mark Yovich explained “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."

"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 Chief Executive Stefanos Kakarantzas, who founded the business with Chairman George Bolos, stated "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.”

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