Peter is a concert organizer, cultural manager and CEO of DEAG. After studying Communications and Advertising at the Berlin Academy of Arts in 1976, Peter created the Konzertagentur concert concept Veranstaltungs GmbH and acquired exclusive rights to the Berlin Waldbühne (stage in the forest), an enormous amphitheatre in Western Berlin. There he staged open air concerts with the Berlin Philharmonic. 

In 1995 Peter founded Deutsche Entertainment AG and was appointed Chairman of the Board of Management. Of the many successful concerts he has organised, those of particular note include the Rolling Stones tour of Germany in 1998 and, later that year, the Modern Talking world tour.

With the creation of separate labels for DEAG Music and joint ventures with Anschutz Entertainment Group and Ticketmaster, DEAG's business has expanded considerably and with this came new opportunities. In 2007 Peter organised Barbara Streisand's first appearance in Berlin, which won him the LEA Live Entertainment Award. He was the recipient of the same award a year earlier, when he staged "The Best Single Event In 2006", the phenomenally successful "Berlin Concert" with Anna Netrebko, Placido Domingo and Rolando Villazon. Peter lives in Berlin with his wife, the journalist Inga Griese and their five children.