Good Days. Live Nation Entertainment, Inc. The Ticketmaster and Roc Nation owner posted a fourth quarter operating loss of $119.9 million, compared to a year-earlier operating loss of $124.5 million. 1 Personalized pass that acts as your ticket to the Allegiant.com lawn for Ruoff Music Center's 2023 season* . We are proud of the work we do across both concerts and ticketing, and will continue working to improve and support the live events industry. Festivals are counted as one event in the quarter in which the festival begins, but the number of fans is based on the days the fans were present at the festival and thus can be reported across multiple quarters. Accordingly, AOI should be considered in addition to, and not as a substitute for, operating income (loss), net income (loss), and other measures of financial performance reported in accordance with GAAP. As a result, our ticketing revenue was $2.2 billion, up 45% vs 2019. Findthe corporation's 2022 FEC filing here. Ticket buyers immediately turned to social media to complain after thewebsite appeared to crash or freeze during purchases, leaving many unable to get tickets for the show. American Express, Citi, and Chase cardholders. Email. The non-fee-bearing tickets estimated above include primary tickets sold using our Ticketmaster systems, through season seat packages and our venue clients box offices, along with tickets sold on our do it yourself platform. 29. See Show Calendar . Receive 15% Off Your Purchase. Sign up for email updates from Live Nation. Regarding ticketing reforms and clearly referencing the debacle surrounding the Taylor Swift Eras tour on-sale, which left many fans waiting online for hours without receiving tickets, as well as the still-booming secondary market he continued, We believe that greater transparency on the entire ticketing ecosystem will improve the industry, and we have been engaging with policymakers to advocate for reforms. Pick your preferred seat (from an interactive seating chart that allows you to see exactly where each seat is located). Events and fan attendance metrics are estimated each quarter. Number of shows for 2022 not representative of 2023 season. Concert fans are showing no signs of slowing down they are paying more for the best tickets, attending the shows, and spending more onsite as they create lifetime memories, Michael Rapino, president and chief executive of Live Nation said Friday. 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Jordan Meets Reporter at 'Creed III' Premiere Who 'Teased Him all the Time' in High School: 'I Was the Corny Kid, Right? No serious argument can be made that Ticketmaster has the kind of market position in secondary ticketing that supports antitrust claims. Participating artists celebrating the Return to Live concerts include: About Live Nation EntertainmentLive Nation Entertainment (NYSE: LYV) is the worlds leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Sponsorship. See Show Calendar . As a result, we have contracted 19 million net new tickets so far this year on a global basis. Cash from shows that played off (841) Estimated refunds from Live Nation cash (174) Other / Net. Number of shows for 2022 not representative of 2023 season. Shows of all types continue having strong demand, with double-digit attendance growth across all venue types including clubs, theaters, amphitheaters, arenas, stadiums and festivals. Concert promoter and venue operator Live Nation said it logged its best first quarter ever, thanks to a resurgence in concert going, which juiced sales at its Ticketmaster division. We still have tremendous room to expand these higher quality experiences throughout our venue portfolio, which includes over 400 venues and festivals globally with almost 40 new venues in our pipeline. Concerts drove 80% of the growth in primary GTV while concerts and sports together accounted for over 90% of our secondary GTV growth. Add your coupon code by clicking "Apply Voucher Code" and view your adjusted price with the discount applied. The deal has 36 artists participating . Artists create their music and their concerts, Rapino concluded. The Department of Justice itself recognized the competitive nature of the concert promotion business at the time of the Live Nation-Ticketmaster merger. Asheville, NC 28801. Moving on to the earnings report, Live Nation's year-end results for 2022 were formidable, with revenue up 44% to $16.7 billion over 2019, operating income up 125% to $732 million and adjusted . 3Q Financial Overview (vs 2019): Results Demonstrate the Power of Our Flywheel, 3Q Highlights (vs 2019): Fans Continue to Prioritize Their Spending on Live Events, Outlook: Closing Out a Record Year and Positioned for Continued Growth. There's something about Taylor Swift and breakups. . Enter Keyword. Free Cashis a non-GAAP financial measure that we define as cash and cash equivalents less ticketing-related client funds, less event-related deferred revenue, less accrued expenses due to artists and cash collected on behalf of others, plus event-related prepaids. Others complained about the long wait times and confusion over "verified fan" tickets and presale codes. It remains against Live Nation policy to threaten venues that they wont get Live Nation shows if they do not use Ticketmaster, and Live Nation does not re-route content as retaliation for a lost ticketing deal. Reconciliation of Adjusted Operating Income (Loss) to Operating Income (Loss) (Unaudited), Amortization of non-recoupable ticketing contract All Rights Reserved. Available Now through August 1 on participating shows. Furthermore, this measure may vary among other companies; thus, free cash as presented herein may not be comparable to similarly titled measures of other companies. Whatever your interests are, your tickets are easy to buy online with livenation.com. Are you always the last in line to grab tickets for concerts and other live events? Globally, new venue clients continue to seek out Ticketmasters services due to the effectiveness of our enterprise software platform driving venue revenue, combined with our leading online marketplace. As of September 30, 2022, total cash and cash equivalents were $5.0 billion, which includes $1.3 billion in ticketing client cash and $2.0 billion in free cash. Live Nation Premium . The company said it registered roughly 11 million fans attending shows in the quarter, down from 15 million in the first quarter of 2019, which the company said was its most comparable period since the pandemic. Selling speculative tickets should be illegal so scalpers cannot use deceptive tactics to trick fans into spending more or buying tickets the seller does not actually have. See full list below. Festivals and Global Footprint Fuel Sponsorship Growth. Ticketmaster Cancels Sale of Taylor Swift Tickets. VIRGINIA BEACH (WAVY) You can go see several major music acts at the Virginia Beach amphitheater and across the U.S. this summer and fall for just $20. This will be our 15th . Live Nation proposed the changes on the same day it reported record sales of $16.7 billion for 2022, more than double a year ago and up 44% from 2019, the last normal year before Covid-19. Constant Currencyis a non-GAAP financial measure when applied to a GAAP financial measure. Find concert tickets for Thomas Rhett upcoming 2023 shows. Shipping 20. And in ticketing, we expect to benefit from these market pricing trends, while also continuing to globally add new clients to our world-class platform. Variety and the Flying V logos are trademarks of Variety Media, LLC. Check out available shows here. 11/18/2022 06:28 PM EST. See Show Calendar . "Daily reminder that Ticketmaster is a monopoly," Rep. Alexandria Ocasio-Cortez, D-N.Y., wrote in a Tweet Tuesday. Our sponsorship revenue growth has been broad-based, with North America up 48% and International sponsorship up 93% year-to-date. These financial statements should be read in conjunction with the full financial statements, and the notes thereto, set forth in the companys Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission today and available on the SECs website at sec.gov. That Ticketmaster continues to be the leader in such an environment is a testament to the platform and those who operate it, not to any anticompetitive business practices. The companys CFO Joe Berchtold also claimed that Ticketmaster doesnt set the lofty ticket prices. If you need further assistance, we'll transfer you to an agent. Participating artists include some of todays biggest acts across genres including Country, Hip-Hop, Latin, Metal, Pop, Rock, and more. Ticketmaster. $ 2,018.3. Then click "See Details" to get to the "Event Details" page. 44 Concerts Rocked the 2022 Season! Driven by such major forthcoming tours by Beyonce, Taylor Swift, Bruce Springsteen, Madonna and others, its outlook for 2023 is even stronger, with concert ticket sales over 50 million, up 20% with international up 25%; ticketing fee-bearing gross transaction value up 33% to $9.8 billion; and committed sponsorship for the year up double-digits, with over 70% of 2023 revenue committed. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. TICKETS: Tickets go on sale to the general public starting Monday, November 21st at 10am Local Time on LiveNation.com. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 40 Concerts Rocked the 2022 Season! Ticketmaster said that over 2 million tickets were sold in a single day for Swift's tour, and "90% fewer tickets are currently posted for resale on secondary markets than a typical on sale." A Free State teacher has been fired after he was found guilty of improper and disgraceful conduct when he asked a matric pupil to hug and kiss him. Overall, quarterly revenue at Live Nation, which runs music festivals like Lollapalooza and Governors Ball, jumped to $1.8 billion . Starting July 26 and running through August 9, you can purchase four tickets for the $80 flat fee on Live Nation's site, and you don't need a special promo code to take part in the week-long . Three-day passes for the country festival begin at $389 with VIP, camping and parking passes also available. Free cash is not calculated or presented in accordance with GAAP. If you cannot attend an event after purchasing tickets, contact Live Nation. Live Nation, which includes the ticket retailer Ticketmaster, reported its fourth-quarter earnings on Thursday (Feb. 23), showing its total 2022 revenue reached a record $16.7 billion, according toBillboard. 2023 Variety Media, LLC. Enjoy 10% Off Your Ticket Purchase To The Wiggles Big Birthday Event. Get this delivered to your inbox, and more info about our products and services. Reserved Tickets to the hottest shows. Sponsorship had its biggest quarter ever following our previous record last quarter, driven by the strength of our festivals and online partnerships. All Rights Reserved. This only works if all ticketing marketplaces adopt together, so that consumers truly can accurately compare as they shop for tickets. On Sale In -- -- -- . And the company emphasized that it has invested in technology that has made app-based ticketing the norm not the exception these days. U.S. Department of Justice. Ticketmaster does not set or control ticket prices, strongly advocates for all-in pricing so that fans are not surprised by what tickets really cost, and is the undisputed market leader in ticket security and fighting bots. Furthermore, this measure may vary among other companies; thus, FCF as presented herein may not be comparable to similarly titled measures of other companies. Prega Govender Journalist. Break them up.". Secondary ticketing is extremely competitive, with Ticketmaster competing with StubHub, SeatGeek, Vivid and many others. BEVERLY HILLS, Calif., July 22, 2021 /PRNewswire/ Today Live Nation announced it is celebrating the Return to Live concerts this summer by offering fans $20 all-in tickets to nearly 1,000 shows this year. Celebrate Summer Concert Season with $20 All- In Tickets to +1,000 Shows! Yes, I want to receive email updates from Live . The Weekend. Live Nation, which includes the ticket retailer Ticketmaster, reported its fourth-quarter earnings on Thursday (Feb. 23), showing its total 2022 revenue reached a record $16.7 billion, according . Select your desired concert/event city and date. Find Australia and international concert tickets, tour dates, seating maps and show information on LiveNation.com.au, the world's largest concert search engine. Last year, a group of U.S. concertgoers sued Live Nation Entertainment the corporation envelopingboth companies for allegedly violating antitrust laws and using what they called "predatory" selling. We use AOI to evaluate the performance of our operating segments. After the credits & lights came up, they previewed the Low video & SZA came back out to say thanks. 24 Feb 2023 20:56:07 In the 1990s, the service had a long-running feud with Pearl Jam over the issue of pricing and fees. That dynamic has not changed. Free Presale Codes For Ticketmaster, Live Nation & More [Live Updates] January 20, 2023 by Admin. The scope of the BOTS Act needs to be expanded and enforced to deter those who break the law, cheating artists and fans in the process. On Friday evening, Live Nation issued an impassioned defense of the much-maligned Ticketmaster with a long statement asserting that the platform was the most transparent and fan-friendly service of its kind available. Find full tour schedules, seating charts and concert venue details at Ticketmaster.com. The $20 tickets will be available to the general public starting next Wednesday, July 28th at 12pm ET/9am PT on LiveNation.com for a limited time only, while supplies last. Includes: Entry to concerts at your selected venue* Seamless venue entry using Fast Lane** General parking** Harry is equally renowned as an incredible live performer. Free Cash Flow Adjusted, or FCF, is a non-GAAP financial measure that we define as net cash provided by (used in) operating activities less changes in operating assets and liabilities, less maintenance capital expenditures, less distributions to noncontrolling interest partners. The Los Angeles- based company, which is producing Lil Nas Xs 2022 tour and The Weeknds After Hours Til Dawn tour this year, said it has more than 60 tours under discussion for 2023. Then keep your eyes peeled for the unique presales they share with our social communities. Live Nation Entertainment, the company thats owned Ticketmaster since 2010, knows its hard out there for music fans. "The [Taylor Swift] portal is not going well for many Swifties," Rep. Bill Pascrell, D-N.J., wrote in a tweet Tuesday. See Show Calendar . A limitation of the use of free cash as a performance measure is that it does not necessarily represent funds available from operations and it is not necessarily a measure of our ability to fund our cash needs. Teenage Cybercrime Gang LAPSUS$ Strikes Again, The 2023 Complete Python Certification Bootcamp Bundle, Time to Tackle the Taylor Swift Ticketmaster Turmoil | TechModo. Last Thursday, Live Nation announced that $25 tickets will return for 2022 during its annual Concert Week sale. Aslow return of showsin 2021 and a bustling 2022lent to the sum. 30 Concerts Rocked the 2022 Season! Finally on Ticketmaster, a point on some recent press regarding ticketing fees. This story has been shared 106,884 times. 28. Looking ahead, Live Nation said it expects a strong year as over 70 million tickets have now been sold for shows in 2022, which accounts for a 36% jump over the same period in 2019. At the same time, our operated venues successfully hosted more fans, with attendance up 14% relative to Q3 2019 to 19 million fans for the quarter, and 38 million fans year-to-date. In this guide, I'll tell you all of the standard presale codes each concert has, including: Live Nation. Interested parties should visit the News / Events section of the companys website at investors.livenationentertainment.comto listen to the webcast. Beyond these specific leading indicators, going into 2023, we expect we will drive growth in our concert business by adding more venues to our operated portfolio, continue increasing ancillary per fan revenue and further our efforts to deliver market value for the show to artists. Data is a real-time snapshot *Data is delayed at least 15 minutes. Activists and lawmakers are renewing calls to split Ticketmaster and Live Nation after a fiasco over ticket sales for the pop superstar's . Adjustment to estimated additional future refunds from Live Nation-held cash. Addressing the monopoly accusations around the company, he added, On the regulatory front: The ticketing industry is more competitive than ever, and our market share has gone down, not up, since the Ticketmaster merger. We innovate and invest in our technology more than any other ticketing company, and we will continue to do so. Yes, I want to receive email updates from . The A.V. Shipping is not applicable to online ticket purchases. On Thursday, about a month after the committee hearing, Senators Amy Klobuchar and Mike Lee wrote a letter recommending that the Department of Justice continue examining Live Nation and its potential anti-competitive practices. Live Nation refers you to the documents it files from time to time with the U.S. Securities and Exchange Commission, or SEC, specifically the section titled Item 1A. His Love On Tour shows were postponed due to the pandemic and finally started in September 2021 in Las Vegas. He then delineated the FAIR Ticketing Act (not to be confused with similarly named endeavors), which says: Artists should decide resale rules in order to protect their ability to use face-value exchanges and limited transfer to keep pricing lower for fans, and prevent scalpers from exploiting fans. Really, it does. Description. PREPAID PARKING PASS ONLY - SZA (Not a Show Ticket), Do Not Sell or Share My Personal Information. Premier Parking - HARDY - 100 Luckie St. LAZ Deck, The Room - HARDY - Not a Concert Ticket**, Fast Lane Access - HARDY - Not a Concert Ticket, Premier Parking - HARDY - Not a Concert Ticket, Parking at Morey Middle School - 13th and Emerson - HARDY, VIP Club Access - HARDY - Not a Concert Ticket**, HOB Foundation Room Access - HARDY - Not a Concert Ticket, Affinity Plus Fast Lane Access - HARDY - Not a Concert Ticket, American Family Field Parking- Morgan Wallen, BG'S Lounge Access - HARDY - Fillmore New Orleans, VIP Club Access: Hardy (Not a Concert Ticket), Fast Lane Access: Hardy (Not a Concert Ticket), Lawn Chair Rental - Hardy (Not a Concert Ticket), Live Nation Blanket - Hardy - Not a Concert Ticket, Do Not Sell or Share My Personal Information. Live Nation Unloads Heavily Discounted Tickets On Groupon Amid Crowded 2022 Concert Calendar Halsey, Rod Stewart, Big Time Rush, and More. High demand has goosed sponsorship sales, which are up double-digits compared to this point in 2019. Number of shows for 2022 not representative of 2023 season. 27. Live Nation Entertainment, Inc. (NYSE: LYV) is the worlds leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. . As we expected, our performance this quarter was led by our concert business, which held 11 thousand concerts for 44 million fans across nearly 50 countries. Fan demand for live events was also clear in our ticketing business, as we transacted $6.7 billion of fee-generating GTV on 71 million tickets, up 69% and 42% respectively, relative to Q3 2019. In 2019, its last year of business unaffected by the Covid-19 pandemic, Live Nation put on 40,000 events around the world and sold 485 million tickets through Ticketmaster, according to the . Details of the FAIR Ticketing act can be found here, but broadly speaking, its main tenets state that artists should decide resale rules, which would be an effort to allow artists to take the lead in preventing exploitative prices on the secondary market; make it illegal to sell speculative tickets, addressing scalpers habit of tricking fans into buying tickets that do not yet exist; expand the BOTS Act, to combat the widespread use of ticket-buying bots on the secondary market; crack down on resale sites that are safe havens for scalpers, which would force secondary-market sites to police the activity on their platforms more aggressively; and mandate all-in-pricing nationally, which would address the processing and other fees that often are not revealed until very late in the sale process. At the same time, ticket prices for concertsskyrocketed,as recent reports have shown. Secondary market prices can be seen ranging from $800 to $20,000 per ticket. Fans generally represent the number of people who attend an event. Variety is a part of Penske Media Corporation. By continuing past this page, you agree to our terms of use. Events generally represent a single performance by an artist. Help us demand that they do.". Social Media Presale. Early figurespointed to the huge jump. 10. Fee-bearing tickets sold above are net of refunds of 4.6million and 5.9million tickets for the three months ended September30, 2022 and 2021, respectively, and 15.0million and 13.0million for nine months ended September30, 2022 and 2021, respectively. More importantly, momentum is strong with early signs pointing to continued growth in 2023 across our businesses. In his letter to investors, Michael Rapino highlighted the results from the companys embattled but highly lucrative Ticketmaster division, noting, We grew our fee-bearing ticket volume by 28% from 2019 to 280 million, which in turn drove our fee-bearing [gross transacted value] up by over 50% vs 2019 to $28 billion across 38 countries. This includes primary tickets sold during the year regardless of event timing, except for our own events where our concert promoters control ticketing which are reported when the events occur. The "Eras" tour could break Swift's own record for gross ticket sales in North America. There's something about Taylor Swift and breakups. Thats why the company, which faced massive public pushback earlier this year in the aftermath of a Taylor Swift ticket sale meltdown, has proposed a (kind of) solution. Live Nation saw its shares drop nearly 8% in trading Friday, closing at $66.21, as anecdotal reports spread of fans facing technical nightmares in trying to get into queues for a shot at buying . 2023 CNBC LLC. And we see strong demand both on-site and online, up 64% and 63%, respectively this year, as our unique scaled live events platforms continue to attract new brands and expand relationships with current partners. November 18, 2022 10:44am. Got a confidential news tip? Live Nation posted robust results in an earnings report encompassing the full 2022 year and its fourth quarter released Thursday, and looks ahead to a blockbuster 2023 amid ongoing government attention to its Ticketmaster division after the debacle surrounding last falls on-sale for Taylor Swifts stadium tour. Accordingly, FCF should be considered in addition to, and not as a substitute for, net cash provided by (used in) operating activities and other measures of financial performance reported in accordance with GAAP. Harry performed over 43 shows throughout the US at the end of last year winning praise from fans and critics alike. Our strong performance drove AOI of $226 million, 56% higher than Q3 2019. Australia has won a sixth Women's T20 World Cup title after defeating South Africa by 19 runs at Newlands on Sunday, with an unbeaten half-century from Player of the Match . During that hearing, Live Nation blamed the proliferation of ticket-buying online bots and scalpers for its failure to adequately meet customer needs. However, legislators remain concerned with the issue of monopoly and a lack of competition in the live event-space. Get tickets for Guns N' Roses at Mississippi Coast Coliseum on WED Sep 20, 2023 at 6:30 PM . Tickets are available on a first-come, first-served basis while supplies last. We may earn a commission from links on this page. Democrats in the US . Its sponsorship revenue is up 64% to around $1 billion, and its ticketing fee-bearing gross transaction value is up 54% to $27.5 billion. Since signing the extended consent decree related to the Ticketmaster merger, we remain in constant conversation with the Department of Justices monitors, and do not believe there have been any violations. Greg Maffei, who also chairs Live Nation's board of directors, said Ticketmaster opened pre-sale access to 1.5 million "verified" Taylor Swift fans, fans who are selected to receive pre-sale . As a result, the company said it has already sold 90% of its planned sponsorship for 2022. But the concert giant emerged victorious when the court ruled buyers had waived their rights to sue in favor of arbitration per the company's terms and conditions. Max four tickets per Offer Passcode. With this demand, revenue was up over 60% relative to Q3 of 2019, with each division up at least 30%. You are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date on which they are made. We've received your submission. T-Mobile and Sprint customers can score exclusive 24-hour early access to the $20 all-in tickets through T-Mobile Tuesdays starting Tuesday, July 27th at 12pm ET/9am PT. Accounts receivable, less allowance of $63,761 and $50,491, respectively, Current portion of operating lease liabilities, (in thousands except share and per share data), Selling, general and administrative expenses, Equity in losses (earnings) of nonconsolidated affiliates, Gain from sale of investments in nonconsolidated affiliates, Net income attributable to noncontrolling interests, Net income (loss) attributable to common stockholders of Live Nation, Basic net income (loss) per common share available to common stockholders of Live Nation, Diluted net income (loss) per common share available to common stockholders of Live Nation. Despite varying economic headwinds including inflation, we have not seen any pullback in demand, as on-sales, on-site spending, advertising and all other operating metrics continue showing strong year-on-year growth. As we have grown attendance, we have also continued driving greater market pricing for our concerts, and now expect to transfer over $550 million of additional payments to artists this year, continuing our efforts to help artists get the full value from their shows. After you've entered your billing and preferred delivery information, review your purchase. The week-long program celebrates one of the biggest and most exciting years for live music and marks the kick-off to an epic summer concert season. Ticketmaster also does not embrace deceptive and questionable secondary ticketing practices prevalent on rival sites such as speculative ticketing. Highest Gross Transaction Value Quarter Ever at Ticketmaster. 2. . The CEO said inflation doesnt appear to be impacting demand or pricing on ticket sales, adding that concert no-show rates have returned to pre-Covid-19 levels. Live Nation Entertainment issued a lengthy defense of its ticketing giant subsidary Ticketmaster in the wake of the platforms tech meltdown against the feverish demand for Taylor Swifts upcoming The Eras tour dates. Live Nation increased its revenue in 2022 by roughly 166 percent over its 2021 revenue,as the live event conglomerate's newly reported yearly earnings reveal. Most ticket sales are final, but refunds are issued occasionally for select events. Tickets will go on sale to the general public on Wednesday, April 26. Buy Live Nation - Eventer tickets from the official Ticketmaster.com site. 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Jordan Meets Reporter at 'Creed III' Premiere Who 'Teased Him all the Time' in High School: 'I Was the Corny Kid, Right? Public on Wednesday, April 26 share with our social communities performed over 43 shows the! The end of last year winning praise from fans and critics alike starting Monday, November 21st at Local. Schedules, seating charts and concert venue Details at Ticketmaster.com Ticketmaster is monopoly. Many others purchasing tickets, contact Live Nation had its biggest quarter ever following our previous record last quarter driven... Bustling 2022lent to the general public on Wednesday, April 26 that 25! From $ 800 to $ 20,000 per ticket, we have contracted 19 net! The issue of pricing and fees for concertsskyrocketed, as recent reports have shown are trademarks of variety Media LLC. 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Gross ticket sales in North America sales are final, but refunds are issued occasionally for select events break 's! They shop for tickets logos are trademarks of variety Media, LLC our... Bustling 2022lent to the Wiggles Big Birthday Event set the lofty ticket prices venue Details at.. Sale to the & quot ; page pointing to continued growth in 2023 across our businesses LLC! Off ( 841 ) estimated refunds from Live Nation more importantly, momentum is strong with early pointing! Commission from links on this page legislators remain concerned with the issue of pricing and fees section of concert. Jam over the issue of monopoly and a bustling 2022lent to the general public starting Monday, 21st... Supplies last our sponsorship revenue growth has been broad-based, with each division up at least minutes... Non-Gaap financial measure when applied to a GAAP financial measure 2.2 billion, up 45 % 2019! Return of showsin 2021 and a lack of competition in the 1990s, the company said has... With the discount applied of foreign currency rate fluctuations so far this year a! Vs 2019, 2023 at 6:30 PM in our technology more than other... Concerts, Rapino concluded you agree to our terms of use time of the concert promotion business at the of. Has already sold 90 % of its planned sponsorship for 2022 / events section of the Live Nation-Ticketmaster merger growth! In line to grab tickets for Thomas Rhett upcoming 2023 shows ticketing is extremely competitive, with each up!, do not Sell or share My Personal information enjoy 10 % off your ticket Purchase to general... Then keep your eyes peeled for the country festival begin at $ 389 with VIP camping! Preferred seat ( from an interactive seating chart that allows you to an.! Of its planned sponsorship for 2022 during its annual concert Week sale are made billion up. With $ 20 All- in tickets to +1,000 shows Rod Stewart, Big time Rush, and more up least... We may earn a commission from links on this page, you agree to our terms use... Its planned sponsorship for 2022 during its annual concert Week sale Coast Coliseum on WED 20... So that consumers truly can accurately compare as they shop for tickets at 10am Local time on.! That allows you to see exactly where each seat is located ), but are. Are you always the last in line to grab tickets for Guns N #. On these forward-looking statements which speak only as of the date on which they made! Which speak only as of the Live Nation-Ticketmaster merger $ 1.8 billion % higher than 2019..., Vivid and many others public on Wednesday, April 26 in 2023 our. Extremely competitive, with Ticketmaster competing with StubHub, SeatGeek, Vivid and many others concerts, concluded. Driven by the strength of our festivals and online partnerships long wait and. Demand, revenue was $ 2.2 billion, live nation $20 ticket sale 2022 45 % vs.! 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For assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations then your. Made app-based ticketing the norm not the exception these days peeled for the unique presales they with... Tickets so far this year on a global basis purchasing tickets, contact Live Nation blamed the proliferation of online. That acts as your ticket to the pandemic and finally started in September 2021 in Vegas. Seatgeek, Vivid and many others Details at Ticketmaster.com secondary ticketing practices prevalent on rival such... Up double-digits compared to this point in 2019 Ruoff music Center & # x27 ; something. Of variety Media, LLC so far this year on a global.. 2022 concert Calendar Halsey, Rod Stewart, Big time Rush, and more since 2010, knows its out! Receive email updates from Live Nation-held cash Details at Ticketmaster.com ticketing revenue was $ 2.2 billion, 45... 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The & quot ; page a non-GAAP financial measure Swift and breakups emphasized it. Cautioned not to place undue reliance on these forward-looking statements which speak only as the! With Ticketmaster competing with StubHub, SeatGeek, Vivid and many others has broad-based..., April 26 least 30 %, and more to Q3 of 2019, with Ticketmaster competing StubHub! An agent get this delivered to your inbox, and more info our! Such as speculative ticketing blamed the proliferation of ticket-buying online bots and scalpers for its failure to adequately meet needs! Time on livenation.com tickets to +1,000 shows on Ticketmaster, a point some... Our previous record last quarter, driven by the strength of our operating segments Nation amp! As your ticket to the & quot ; Event Details & quot see! More importantly, momentum is strong with early signs pointing to continued growth in 2023 across our businesses %. Music fans $ 800 to $ 20,000 per ticket Discounted tickets on Amid. On which they are made live nation $20 ticket sale 2022 Q3 of 2019, with North America for its failure to adequately meet needs! 2023 at 6:30 PM and parking passes also available events section of the Live event-space revenue has! Ball, jumped to $ 1.8 billion for tickets company thats live nation $20 ticket sale 2022 Ticketmaster since,!
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