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.”
by Eric Fuller Easy come, easy go, that’s just you live oh Take, take, take it all, but you never give Should have known you was trouble from the first kiss Grenade – Bruno Mars Viagogo buying StubHub just launched a grenade into the somewhat settled order of the... Read more
Concert promoter giant Live Nation Entertainment and the Oak View Group recently revealed that construction would begin on the Moody Center at the University of Texas at Austin. The privately financed sports and entertainment arena, which costs $338 million, will hold 15,000 seats and is set to open in... Read more
Live Nation is bringing back the Lawn Pass, which offers music junkies unlimited lawn access to concerts throughout summer 2020. The Lawn Pass allows fans unlimited access to concerts – including sold-out shows – at one of the participating 29 Live Nation-owned and operated amphitheaters. Participating venues include the... Read more
The House Energy and Commerce Committee announced Thursday it would be investigating the live event ticketing industry, looking for “potential unfair and deceptive practices” within, according to a press release. Letters were sent to Live Nation, Anschutz Entertainment Group (AEG), Tickets.com, StubHub, Vivid Seats, and TicketNetwork requesting details on... Read more
Front Gate Tickets, the exchange owned by Ticketmaster, will see longtime employee and ticketing veteran Ben Taylor fill the role of General Manager. Taylor has been with Front Gate Tickets since 2007; he has helped develop the company by running a mobile box office and printing tickets out of... Read more
A Florida man has filed a class-action lawsuit against Madonna and Live Nation after a Miami Beach concert saw its start time pushed back from 8:30 to 10:30 PM – one of many such instances of tardiness on her current Madame X tour. The suit, filed on November 4th,... Read more
Live Nation and Gaiety Holdings Limited’s proposed purchase of the Ireland-based live music promoter MCD Productions Unlimited Company has been provisionally cleared by the UK Competition and Markets Authority (CMA), finding that the merger does not raise competition concerns. Originally, the CMA was worried that the deal could potentially... Read more
The Cincinnati Reds and Live Nation are reportedly joining forces for a huge announcement next week. While there is no confirmed word about the concert at this time, a press release notes that on Wednesday, November 6, there will be a “major concert announcement” at the Great American Ball... Read more
Concertgoers were frustrated to hear that Live Nation and AEG were considering the use of facial recognition at concerts and festivals, but now, the promoters have taken a step back. Both live-entertainment giants disavowed any plans to use facial recognition at music festivals, and now, the musicians are declaring... Read more
Concert promoter giant Live Nation just revealed a multi-year exclusive deal with Nashville’s The Basement East. The intimate venue, known as “The Beast,” opened in 2015 and is co-owned by Dave Brown and Mike Grimes. It is the sister venue to The Basement, with a capacity of 400. Live... Read more