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.”
Ticketmaster’s “Verified Fan” scheme caught another in a long series of black eyes this month, as fans took the internet to vent after tickets to Harry Styles’ “One Night Only” album release events in New York and London wound up on ticket resale marketplaces for thousands. The tickets had... Read more
Congressman Bill Pascrell, Jr. (D-NJ) renewed his calls for Live Nation Entertainment to be broken up after yet another safety incident at an event it was running last week. Rep. Pascrell, long a vocal opponent of the entertainment giant that he openly argues is a monopoly, says that the... Read more
The reopening from pandemic restrictions continues to power record-setting numbers for Live Nation Entertainment, according to the company’s Q1 earnings report issued this week. Ticketmaster saw its gross ticket value transactions number up 39% compared to 2019, with 70 million tickets sold already for 2022 concerts. “Momentum has picked... Read more
Live Nation announced the return of its Concert Week promotion, offering $25 tickets to more than 3,700 shows across North America. The promotion runs from May 4-10 and will include tickets to a who’s who of artists touring in 2022, spanning across clubs, theaters, amphitheaters, arenas, and stadiums. The... Read more
If you haven’t been bombarded with quite enough listenings to “We Don’t Talk About Bruno” just yet, Live Nation and Disney are giving you another chance this summer, bringing the Encanto Sing Along Film Concert to more than 30 cities. ✨ Live Nation Presents: Encanto Live: The Sing-Along Film... Read more
Live Nation Entertainment CEO Michael Rapino cashed out over $150 million worth of company stock in a series of trades over the past month, according to SEC reporting. The stock had been acquired through the exercise of options he had received back in 2012 that were set to expire... Read more
Live Nation has expanded its promotional reach in Asia/Pacific, launching Live Nation Philippines by purchasing and re-branding Music Management International (MMI). MMI, founded 30 years ago, was the leading promoter in the country, which has a population of approximately 109 million including the densely populated Manila/Quezon City metropolitan area... Read more
The National Consumers League has written a letter indicating its support for the Department of Justice to investigate Live Nation Entertainment and marketplace competition in the live entertainment business. The letter comes on the heels of a similar letter sent by U.S. Senators Amy Klobuchar (D-MN) and Richard Blumenthal... Read more
Tickets for Pearl Jam’s 2022 show went on sale this week, and fans have been shocked at the prices being charged. Posts on social media are sharing screenshots of prices like $956 plus fees for nosebleed seats at Madison Square Garden, and multiple thousands for lower level. Typically, such... Read more
The National Football League and Ticketmaster are close to a renewal of their existing deal, one which makes the Live Nation-owned ticketing provider the league’s official Ticket Exchange, according to a report from Sports Business Journal. The extension would be through the 2026 season, which is four years tacked... Read more