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Stock impact report

Live Nation Revenue Soars 21% in Record First Quarter [Yahoo! Finance]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Total revenue grew 21% to $3.8 billion and adjusted operating income (AOI) improved 15% to $367 million as every business segment — concerts, ticketing and sponsorship & advertisements — beat the prior-year quarter. More from Billboard HYBE Revenue Falls Sharply, Gets Strong Debuts by TWS and ILLIT Deezer Revenue Up 15% on Price Increases, Partnerships Believe Reports Strong $248M in Quarterly Revenue Despite Slower Organic Growth Ticket sales for arenas and amphitheaters for 2024 are on track for a double-digit improvement, and confirmed shows for large venues — stadiums, arenas and amphitheaters — are also up double digits. “Global fan demand is stronger than ever, more artists are out on the road, and more venues are being added to bring them together,” CEO Michael Rapino said in a statement. In the concerts division, revenue grew 26% to $2.9 billion as fan attendance grew 21% to 23 million and arena attendance rose by nearly 40% to 10 million globally. Festival attend Show less Read more
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