AEG Presents Acquires Stake in MCT Agentur
Live music and events giant AEG Presents has acquired what it calls a “partnership stake” in MCT Agentur, the Germany-headquartered concert promotion company founded by entrepreneur Szkumek Sabottka.
According to today’s (December 9) announcement, the partnership expands the reach of both companies, “forming strategic collaborations in Germany and beyond.”
History of MCT Agentur
MCT was founded in 1984 in Herne, North Rhine-Westphalia, by Sabottka and two friends as an independent concert and tour promotion company. In 1999 he moved to Berlin.
Since its inception, MCT’s client roster has included artists such as Rammstein, Lou Reed, Radiohead, Pearl Jam, Tom Waits, New Order, Marilyn Manson, Kraftwerk, Robbie Williams, Florence and the Machine, LCD Soundsystem, Gus Gus, Massive Attack, Björk, For Tet, Katy Perry, Jack Johnson, Die Antwoord, Charlotte Day Wilson, Yasmin Hamdan, Red Hot Chili Peppers, Tamino, Sigur Ros, Janelle Monae, Bloor, Moby, and many others.
AEG’s Festival Legacy
AEG’s festivals and multi-day music events include the iconic Coachella Valley Music and Arts Festival and the legendary New Orleans Jazz and Heritage Festival, as well as British Summer Time in Hyde Park, Stagecoach, Hangout Festival, Electric Forest, Rock En Seine, and more points east.
The company also promotes world tours for artists such as Justin Bieber, Zac Bryan, Sabrina Carpenter, Kenny Chesney, Luke Combs, Celine Dion, Elton John, Karine Leon, Paul McCartney, The Rolling Stones, Ed Sheeran, Taylor Swift, and Tyler, The Creator.
The company’s network of clubs, theaters, arenas, stadiums, and brand partners includes The Bowery Presents, Cárdenas Marketing Network, Concerts West, Frontier Touring, Goldenvoice, Marshall Arts, MCT Agentur, Messina Touring Group, PromoWest Productions, and Zero Mile Presents.
Commenting on the partnership, Sabottka said, “Jay (Marciano, president and CEO of AEG Presents) and I met in Berlin many years ago and became friends.”
“You need a teammate you can trust, and Jay and I trust each other. It’s that simple.”
Skumek Sabottka
Sabottka added: “We met for coffee during my annual trips to Los Angeles, and during one of these meetings we started discussing how we could work together.
“I needed a partner who shared my vision of how our business should operate and could provide me with additional assistance if necessary. Concert promotion is still a gamble… that’s what makes it fun, but sometimes it’s a full contact sport.
“You need a teammate you can trust, and Jay and I trust each other. It’s that simple.”
“Skumek has built a business that is enviable, and he has built it from the ground up.”
Jay Marciano
Marciano added: “Skumek has built a business that is enviable, and he has built it from the ground up.
“AEG Presents has historically been a home for entrepreneurs who are mindful of scaling their businesses while maintaining what is unique and critical to their success.
“I have always enjoyed working with Scumeck and MCT whenever our companies have had the opportunity to do business together; I’m so excited that we’ll have the opportunity to do this in a more meaningful way on an ongoing basis. I’m thrilled to welcome MCT to the family.”
AEG Presents strikes strategic partnership with, takes stake in, Germany’s MCT Agentur
