The purpose of the company is to organize, plan, coordinate, promote and execute its own events and festivals, as well as to provide these services on behalf of third parties. Furthermore, the company's purpose includes the production and distribution of sound and image recordings, as well as the operation of a music and artist agency for the placement of artists, musicians and performers of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account and for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.