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Taylor Swift - 1 Swifties - 1 Taylor - 1 Michael Rapino - 1 Beyoncé - 1 Harry Styles - 1 Bunny - 1 Jonas Brothers - 1
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New - 1 New York CNN - 1 Ticketmaster - 1 Wall - 1 Justice Department - 1 DOJ - 1 CNN - 1

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☆ Taylor Swift and Beyoncé concert tours deliver record-breaking earnings for Live Nation
  + stars: | 2023-11-03 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com   time to read: +2 min
New York CNN —Live Nation Entertainment has Taylor Swift and Beyoncé to thank for propelling the live concerts organizer to its strongest quarterly results to date. “Today we delivered our strongest quarter ever and are on pace for a record 2023,” Live Nation CEO Michael Rapino said in a statement. The ticket-industry giant said it has sold a record 140 million tickets so far this year, up 17% year-over-year and has already surpassed the 121 million tickets sold in all of 2022. To be sure, live concerts returned with a bang in 2023, with Taylor Swift and Beyoncé becoming the hottest tickets in town. So we’re very confident that both Ticketmaster, Live Nation are going to have big, strong years next year with a pipe full that will overcome this year’s numbers,” Rapino said in a call with analyst on Thursday.
Persons: Taylor Swift, Swifties, Taylor, Michael Rapino, Beyoncé, Harry Styles, Bunny, Jonas Brothers, Bruce Springsteen, “, ” Rapino, Joe Berchtold, ” Organizations: New, New York CNN, Ticketmaster, Wall, Justice Department, DOJ, CNN Locations: New York
☆ Live Nation posts $3.1 billion revenue and record attendance despite controversies Live Nation posts $3.1 billion revenue and record attendance despite controversies
  + stars: | 2023-05-06 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +4 min
New York CNN —Live Nation posted a record $3.1 billion in revenue – up 73% from last year – in the first quarter of 2023, despite possible regulation and tremendous fallout from botched Ticketmaster sales for the Taylor Swift Eras tour. In an earnings release, the ticket-industry giant said over 19 million people attended events across 45 countries in the first quarter. In a single day last November, more than two million Taylor Swift tickets were sold on Live Nation’s Ticketmaster, a record for any artist. Live Nation stock rose about 15% on the news, to close at about $77 a share. Congressional hearingsLawmakers grilled Live Nation president and CFO Joe Berchtold in a three-hour hearing in January, alleging the ticketing giant wields too much monopolistic control over the industry.
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