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 StubHub is for sale. Interested? Cramer says it could sell for $10 billion. Quite possibly it’s worth zero. Here’s what you ought to know: StubHub is a resale ticket marketplace owned by eBay. It’s where consumers from around the world buy tickets to events. Before StubHub,... Read more
Live Nation Finland has announced Tomi Saarinen as its new CEO, replacing outgoing CEO Nina Castren, who is departing the company for health reasons. Saarinen was formerly marketing director of Sony Music Finland and has worked at Finnish radio stations YLeX and NJR, according to IQ Magazine. “It’s great... Read more
Live Nation is continuing to grow its global market with the acquisition of Mexico’s OCESA Entertainment. OCESA is a leading promoter in Latin America and is the owner of Ticketmsater Mexico from CIE, as well as Grupo Televisa, which is the largest multimedia company within the Spanish-speaking world. Annually,... Read more
Ticketmaster has added three new appointees to its marketing team this week, including a new Chief Marketing Officer. Kathryn Frederick, formerly the SVP of growth and insights at Ticketmaster, has been promoted to CMO to lead the marketing team. She will “further engage fans across all channels, from the... Read more
Last Thursday, Florida Georgia Line fans came out to the PNC Bank Arts Center in Holmdel, New Jersey, but rain and misleading signs caused some fans to miss the show. Now, Live Nation is offering ticketholders free lawn seats to another show this summer. On July 11, Holmdel was... Read more
Promoter Live Nation is bringing a new waterfront concert venue to the Ocean State next year. Live Nation teamed up with both the city of East Providence and the East Providence Waterfront Commission to kick-start plans for the new amphitheater. It will be built upon a 45-acre mixed-use development... Read more
A fan is suing hip-hop star Drake after she was injuring during a show in 2016 at New York City’s Madison Square Garden. According to court documents, which were obtained by The Blast, Amanda Giovacco was “violently struck by a beer bottle that was thrown while attending the Drake... Read more
Fans in Indiana can score $25 tickets to a handful of Live Nation venues in Indianapolis as a part of Live Nation’s Fourth of July Ticket Explosion promotion. During the sale, fans can grab tickets to 30 shows in Indiana at Ruoff Home Mortgage Music Center, Farm Bureau Insurance... Read more
Canada’s Competition Bureau (CCB) says that Ticketmaster will pay $4.5 million in penalties to settle a case related to its online ticket sales operations, according to multiple outlets. The settlement involves a $4 million penalty, plus $500,000 in reimbursement for the costs related to the investigation. “The bureau expects... Read more