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.”
A who’s who of live entertainment companies sent a letter to President Biden earlier this week offering the “full support and resources of the live event industry” in the nationwide push to vaccinate Americans and put an end to the COVID pandemic. Live Nation, AEG, Oak View Group, The... Read more
Ticketmaster has entered a plea agreement with federal prosecutors in New York in a case related to its employees illegally accessing a rival companies systems to obtain information it used to poach clients and help run it into insolvency. The deal includes a payment of $10 million in fines... Read more
Live Nation President Joe Berchtold affirmed the company’s belief that concerts would be back by midway through 2021 in an interview on CNBC this week. The company has maintained that timeline for several months, pinning its fortunes to the fact that vaccine distribution will be at a level allowing... Read more
After watching Ticketmaster refute a report that it would be tying access to events to consumer personal health data following a blistering negative reaction, AXS boss Bryan Perez says his company isn’t planning to do so either. The company is searching for any way that it can improve fan... Read more
Florida Georgia Line signed a deal with Live Nation, according to multiple reports. The duo signed with Live Nation for multiple years in a deal that will cover all North American tours. “This past year has given us a chance to spend more time writing, producing, and being creative,... Read more
A 2018 Ticketmaster data breach has resulted in a £1.25 million fine from the Information Commissioner’s Office (ICO). Personal and payment information was accessed in the breach, which may have involved as many as 9.4 million customers in Europe and more than a million in the UK. Ticketmaster says... Read more
TEG Live and Live Nation Entertainment are teaming up to bring arena concerts back to Australia. The promoters are teaming up with the New South Wales Government to stage The Greatest Southern Nights – a pair of concerts at Qudos Bank Arena in Sydney. Ocean Alley will headline the... Read more
A state judge in California ruled that a lawsuit brought by the family of a teenager who died of dehydration caused by drug consumption at the 2015 Hard Summer Music Festival can continue, reversing a lower court’s summary judgement in favor of Live Nation. Judge Dan Thomas found that... Read more
Oak View Group (OVG) announced updated plans for its new Coachella Valley Arena project in California, moving to a new location after its initial land deal broke down. Planned for land in downtown Palm Springs belonging to the Agua Caliente Band of Cahuilla Indians, the 10,000 capacity facility will... Read more
With a number of its live entertainment venues shuttered due to the coronavirus pandemic, Live Nation is offering them up for a new purpose – voting. The entertainment behemoth announced plans to examine the feasibility for the use of more than 100 of its venues as polling places, with... Read more