After 30 years as an independent concert and festival promoter D’Alessandro e Galli (Di and Gi) has been acquired by German pan-European ticketing giant CTS Eventim.
CTS has struck a deal to buy a 60 per cent stake in the promoter, with founders Mimmo D’Alessandro and Adolfo Galli continuing to run the business.
It is the third such deal in Italy in six months, with the company acquiring a 51 per cent share in Milan-based promoter Vertigo last September (see Audience issue 212) and a 60 per cent stake in Friend’s and Partners two months later.
CTS already owns one of the country’s leading ticketing companies, TicketOne.
“This provides us with access to the resources of a global player that not only has the most sophisticated ticketing platform in the world, but is also able to organise Europe-wide concert tours,” says Galli. “The interests of artistes will remain the centre of focus for everything we do.”
Since launching in 1987, Di and Gi has promoted shows by Adele, Elton John, Jennifer Lopez and Paul Simon. It also organises Lucca Summer Festival (cap. 50,000), which featured the Rolling Stones, Robbie Williams and Green Day last year.
“With TicketOne, we have been the leading ticketing provider in Italy for more than 10 years,” says CTS CEO Klaus-Peter Schulenberg. “Now we have progressed, within a very short period, to become the market leader in the live entertainment segment as well.”
Forthcoming Di and Gi shows including Tears for Fears at Mediolanum Forum (11,000) in Milan, Bob Dylan at Auditorium Parco della Musica (2,800) in Rome and Katy Perry at Unipol Arena (18,000) in Casalecchio Di Reno.