Live Nation is the largest producer of live concerts in the world, and according to TicketNews’s exclusive industry rankings, the company is the fifth-largest overall ticket seller in the country.
The company describes its core business as “producing, marketing and selling live concerts for artists via our global concert pipe.” But in early 2009, the company also added a state-of-the-art ticketing operation following its split from long-time client Ticketmaster Entertainment. Live Nation sells more than 45 million concert tickets a year, and its Web site, LiveNation.com, generates more than 60 million unique visits annually. To launch its ticketing operation, the company signed deals with CTS Eventim and SMG, among others.
Live Nation has signed several major acts, including Madonna, Jay-Z and Shakira and U2 to expansive “360-degree deals” that encompass concerts, recording, merchandising and licensing. The produces more than 16,000 concerts annually in 57 countries throughout the world, and it has a roster of more than 1,500 artists for which it produces shows.
The company is headquartered in Los Angeles, CA, and its stock trades on the New York Stock Exchange under the symbol “LYV.”
Concert promoter Live Nation has reportedly made a move to buy out Bonnaroo festival’s co-founder Superfly Entertainment. While Live Nation previously purchased a controlling interest in the Tennessee-based festival back in 2015, the company is planning to exercise a buyout clause in its agreement with Superfly to buy the... Read more
A new bill proposing extensive new regulations regarding tickets in the U.S. has been proposed, as a new version of the so-called BOSS Act was announced on Thursday afternoon. U.S. Reps Bill Pascrell, Jr. (D-NJ) and Frank Pallone (D-NJ) and Sen. Richard Blumenthal (D-CT) reintroduced the act, which has... Read more
Telecommunication company T-Mobile revealed a partnership with Live nation this week, which allows un-carrier customers to get exclusive $25 all-in tickets to hundreds of Live Nation amphitheater shows throughout the summer. The promotional deal is a part of T-Mobile Tuesdays, which offers customers free items and deals every Tuesday.... Read more
The aisle seat is the latest hot commodity at a concert, and primary markets are cashing in on this idea in an attempt to further profit off of concertgoers. Ticketing giant Live Nation has begun to offer aisle seats for select shows with a surcharge between $5 and $30... Read more
Billie Eilish fans felt scammed earlier this week after they received an email that their floor tickets to Eilish’s upcoming show at Chicago’s Aragon Ballroom were being reassigned randomly at the United Center. One fan, Amanda Hoffman-Luke, had bought pre-sale tickets to the Aragon Ballroom show through Ticketmaster’s Verified... Read more
Live Nation, the promotion and events behemoth, announced new environmental goals for its Green Nation global sustainability coalition late this week. It has core targets of reducing greenhouse gas emissions related to its owned and operated venues and festivals by 50% by 2030 and also ending the sale of... Read more
Rising indie-pop star Billie Eilish will visit Chicago next month on her When We All Fall Asleep Tour, but ahead of the shows, the venue changed from the Aragon Ballroom to the United Center. Now, fans are feeling cheated after they were assigned new seats. Fans who originally purchased... Read more
A ruling by the U.S. Supreme Court on a class-action lawsuit against Apple could mean trouble for Ticketmaster, according to analysis posted by several outlets. Associate Justice Brett Kavanaugh joined the four liberal-leaning justices in a 5-4 decision that the lawsuit – which claims Apple violates antitrust rules with... Read more
Live Nation has announced a strategic partnership with Orange County’s DIY punk-rock club Chain Reaction. According to a release from the company, the partnership will help “amplify concerts across both companies’ club and theater venues in Southern California and expand Chain Reaction’s festival presence in the region.” While the... Read more
As fans prepare to experience the nostalgia-ridden Woodstock 50 this August, to commemorate the 50th anniversary of the 1969 event, festival organizer Michael Lang has revealed the official ticket price. A ticket to Woodstock 50 will cost dramatically more than it did back in 1969; Lang told Bloomberg that... Read more