DEAG Deutsche Entertainment has witnessed positive business growth over the course of 2022, thanks to a summer of record ticket sales. Revenue in the third quarter rose to €101.7m (£87.5m/$106m) in 2022, a 72% increase compared to the same period in pre-pandemic 2019, and a significant improvement on €16.7m in the same period the year …
DEAG acquires a majority stake in Indian Spirit festival
DEAG Deutsche Entertainment Aktiengesellschaft (DEAG) has acquired a majority stake in Psytrance/Goa festival, Indian Spirit. The festival has been held in Eldena, Germany since 1999 and is one of the largest Psytrance festivals in Europe. Indian Spirit welcomes around 20,000 visitors each year, and boasts a line-up of DJs from the Psytrance scene. Guests are …