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.”
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
Harry Styles took to social media Tuesday to inform fans that remaining 2020 dates for hits Love on Tour jaunt were formally postponed, due to the ongoing pandemic. “Everyone’s health and safety remains our top priority, which is why I unfortunately have to postpone all 2020 shows in South... Read more
Live Nation announced the return of its Live From the Drive-In series in October, when the Ameris Bank Amphitheatre will host shows featuring four bands across two weekends. Jason Isbell and the 400 Unit open the shows on Friday, October 16, with Blackberry Smoke performing Saturday the 17th. On... Read more
As the wait for clearance for live events to return at anything resembling “normal” levels continues, Live Nation has informed 76 employees at House of Blues in Cleveland that their furlough period has been extended, per a Worker Adjustment and Retraining (WARN) filing unearthed by Cleveland.com. The venue has... Read more
Germany will see its first large-scale concert since March in September, as Return to Live takes place at Merkur Spiel Arena in Düsseldorf. The event will feature Bryan Adams, Sarah Connor, Rea Garvey, The BossHoss, Michael Mittermeier, and Joris. It is expected that 12,000 will be able to attend... Read more
Live Nation bought itself additional time with creditors with an extension of its credit agreement from the end of September of this year all the way through the end of December 2021. The move allows the entertainment giant to focus on keeping operations afloat in the period of little... Read more
Anthony Makes, formerly president of Live Nation New York, is “looking to redefine what it means to be a 21st century music company” with the launch of Brooklyn Made, an independent promotions company based out of his home in the Park Slope neighborhood of the eponymous borough. “After having... Read more
Live Nation Entertainment owner Liberty Media got approval from the Department of Justice to dramatically increase its stake in iHeartMedia, over the objection of anti-monopoly advocates. Liberty, which already controls Sirius XM and Pandora in addition to its 33 percent stake in Live Nation and Ticketmaster, got approval to... Read more
Live Nation CEO Michael Rapino posted an open letter addressing issues of racism and discrimination in society, pledging that his company is “committing to take steps to ensure that everyone in our community – employees, artists, and fans – is valued, respected, and treated equitably.” Among those steps is... Read more