Live Nation second-quarter revenue rises 9% to $7.7bn

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Live Nation second-quarter revenue rises 9% to $7.7bn

Developing story first seen 3 hours ago

Variety · 3 hours ago

Live Nation said second-quarter revenue rose 9% year on year to $7.7 billion, driven by stronger concert revenues and international attendance. The update reinforces the company’s expectation of continued growth in live entertainment, despite legal costs and antitrust scrutiny surrounding Live Nation and Ticketmaster.

Operating income increased 7% to $522 million, while adjusted operating income rose 2% to $817 million. By mid-July, the company had sold 143 million tickets—more than 14 million ahead of last year’s pace—and international attendance rose 10% to a record 49 million; Live Nation expects total annual attendance to grow 10% and plans 25 new large venues by the end of 2027.

  • Live Nation’s quarterly revenue rose 9% to $7.7 billion.
  • Ticket sales and international attendance continued to grow strongly.
  • Legal costs have not derailed its expansion plans.

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Originally published by Variety as “Live Nation Posts Continued Growth in Second Quarter With $7.7 Billion in Revenue”.