Live Nation Reports $4.4B in Revenue As Fan Attendance Hits Quarterly High

  • 📰 THR
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

The company saw an estimated 33.4 million fans across 12,500 events during the second quarter.

posted $4.4 billion in revenue during the second quarter as fan attendance soared to 33.4 million across 12,500 events, the company reported on Thursday.

Through Ticketmaster, Live Nation sold an estimated 139,866 tickets during Q2, an increase from the 111,292 sold in the first quarter, which was the second highest gross transaction volume in the company’s history at the time. The company also reported $318.7 million in operating income during the quarter, a comeback from the $127.3 million loss reported last year.

Concerts accounted for $3.6 billion in revenue during, followed by $575.3 million from tickets, according to the company’s Q2

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ottawa apologizes for 'radical social engineering' experiment on Peepeekisis Cree NationMarc Miller spoke in Peepeekisis Cree Nation, in southeastern Saskatchewan, saying Canada failed to protect the nation\u0027s interest in the land and created…
Source: TheStarPhoenix - 🏆 253. / 63 Read more »

Uruguay Leads Four-Nation Joint Bid to Host 2030 FIFA World CupUruguay, hosts of the 1930 World Cup, officially launched a bid with Argentina, Paraguay and Chile to anchor the prestigious tournament in 2030.
Source: nbcchicago - 🏆 545. / 51 Read more »

New study ranks Orange County as 11th most competitive rental market in the nationThe Inland Empire and cities in eastern LA County are also in the top 20, according to Doug Ressler, manager of Business Intelligence for the website. Would be number 1 if Newsom wasn't our Governor! Nothing like having the beaches and great theme parks nearby! Competitive, meaning overpriced '11th most competitive' is a whacky way of saying 'overpriced'. I just want to afford rent brah.
Source: CBSLA - 🏆 552. / 51 Read more »

Ottawa apologizes for 'radical social engineering' experiment on Peepeekisis Cree NationMarc Miller spoke in Peepeekisis Cree Nation, in southeastern Saskatchewan, saying Canada failed to protect the nation\u0027s interest in the land and created…
Source: TheStarPhoenix - 🏆 253. / 63 Read more »

Primary elections live: Results from Arizona, Michigan, Missouri, Kansas and WashingtonThe primary cycle bursts back into life with several tantalizing races on the cards in Arizona, Michigan, Missouri, Kansas and Washington.
Source: dcexaminer - 🏆 6. / 94 Read more »

China begins live ammunition drills near Taiwan after Pelosi visitTaiwan has accused Beijing of violating Taipei's sovereignty and undermining regional stability. We did not create the crisis. Our actions are based on our laws. They literally won't do anything. Showboating. All because of Pelosi visit, CCP is pathetic.
Source: axios - 🏆 302. / 63 Read more »