Live Nation announced that they posted their biggest summer concert season in their history. The ticketing and live entertainment giant saw its profitability rise 39% to $474 million over the previous year, with a recorded revenue of $7.7 billion. This news comes after Live Nation recorded its all-time biggest first quarter earlier this year, which follows a record-setting 2023. The company disclosed that they sold 144 million tickets for 2024 Live Nation concerts through October, a 3% gain over 2023. “We wrapped up our most active summer concert season ever,” said Michael Rapino, Live Nation’s president-CEO. “As we look toward an even bigger 2025, we have a larger lineup of stadium, arena and amphitheater shows for fans to enjoy. Momentum continues to build, as we expand the industry’s infrastructure with music-focused venues to support artists and reach untapped fan demand across the globe.” (Variety)
Live Nation announced that they posted their biggest summer concert season in their history. The ticketing and live entertainment giant saw its profitability rise 39% to $474 million over the previous year, with a recorded revenue of $7.7 billion. This news comes after Live Nation recorded its all-time biggest first quarter earlier this year, which…