Image Caption: Scumeck Sabottka and Jay Marciano
Featured Image: Bernie DeChant
AEG Presents has acquired a partnership stake in Germany-headquartered concert promoter MCT Agentur.
MCT was founded in 1984 in Herne, North Rhine-Westphalia by entrepreneur Scumeck Sabottka and two friends as an independent concert and tour production company.
It moved offices to Berlin in 1999 and has worked with both international and domestic artists, and its roster includes the likes of Rammstein, Lou Reed, Radiohead, Pearl Jam, Tom Waits, New Order, Robbie Williams, Florence and the Machine, Massive Attack, Katy Perry and more.
Sabottka commented: “Jay [Marciano, AEG Presents president and CEO] and I met in Berlin years ago and became friends. We would meet for coffee during my yearly trips to Los Angeles, and during one of those meetings we began talking about a way we could work together.
“I wanted a partner who shared my vision of how our business should run and could provide some extra muscle in my corner when needed. Concert promotion is still a gamble… that’s what makes it fun, but it’s a full-contact sport at times. You need a teammate you can trust and Jay and I trust each other. It’s as simple as that.”
Marciano added: “Scumeck has built a business that’s an enviable one, and he built it from the ground up. AEG Presents has historically been a home for entrepreneurs who have a keen eye towards scaling their businesses while maintaining what’s unique and critical to their success.
“I’ve always loved working with Scumeck and MCT whenever our companies have the chance to do business together; I’m so excited that we will have the chance to do so in a more meaningful way on an ongoing basis. I’m thrilled to welcome MCT to the family.”
The deal aims to expand the reach of both AEG Presents and MCT Agentur in Europe and further afield.
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