Live Nation CEO Downplays Coronavirus’ Impact On Company
Live Nation President and CEO Michael Rapino doesn’t believe the rapidly-growing coronavirus (COVID-19) will seriously impact his company’s operations or effect its long-term financial outlook. In an earnings call last week, the president acknowledged that the virus might impact shows in countries and regions where the outbreak is prevalant,... Read more
Live Nation Entertainment released financial results for their fourth quarter, as well as the full year of 2018, last week, which showed the company’s eighth consecutive year of growth. The report showed that revenue, operating income, and adjusted operating income increased, with revenue up 11 percent to $10.8 billion,... Read more
Live Nation Entertainment has released its third quarter financial results, which is the company’s “best quarter yet.” The ticketing giant revealed that revenue is up 11 percent, totaling a staggering $3.8 billion this quarter. Operating income and adjusted operating income both increase by 16 percent, while sponsorship and advertising... Read more