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Peter Rieger Konzertagentur & DreamHaus Merge In Germany
Peter Rieger Konzertagentur (PRK) and DreamHaus, two subsidiaries of CTS Eventim, are joining forces to create “synergies, optimize management structures, and drive growth even more effectively,” according to the press release announcing the merger.
The new business is known as PRK DreamHaus, and will be led jointly by the current managing directors, Klaus-Peter “Matze” Matziol, and Matt Schwarz. Tobi Habla will be appointed as an additional managing director. The companies’ offices in Cologne and Berlin, as well as their existing teams, will remain unchanged.
The merger is meant to pool the strengths of both businesses, “and create additional thematic and organizational synergies,” the press release continues.
It also marks a merger of generations. PRK was founded by the late Peter Rieger, a pioneer of the German promoter business, who founded the Peter Rieger Konzertagentur in 1983 together with his wife. He’s received multiple awards since, including the ILMC’s promoter’s promoter award in 2004, and six live entertainment awards, including one in 2015 for lifetime achievement. 2015 also marked the year Peter Rieger put Klaus-Peter Matziol in charge of his company. Rieger passed away in 2017.
See: German Promoter Legend Peter Rieger Dies
DreamHaus was launched in October 2020, with Matt Schwarz taking over management of the firm in 2021, when CTS Eventim acquired a majority stake in the business.
In the coming years, Schwarz and Matziol will work closely together to share their extensive knowledge and continue driving future growth.
“This strategic transition should ensure that, even when Matziol steps down at a later date, the subsequent changes will occur seamlessly and in a future-focused way for the company, the artists and the partners,” the press release states.
Klaus-Peter Schulenberg, CEO, CTS Eventim: “The merger between PRK Peter Rieger
Konzertagentur and DreamHaus will optimally position the company so that it can continue growing and sustainably strengthen its live-entertainment presence within a challenging market environment. With the combined expertise and dedication of both teams, we are ideally equipped to seize new opportunities and invest maximum energy in developing the newly merged company. I wish Matze, Matt and their teams the very best for this new phase.”