Pollstar (05/01/25) Lind, J.R.

Live Nation has posted first quarter revenues of $3.38 billion, down 11% from the record January through March period in 2024. Nevertheless, the company says 2025 is still on pace to be a strong year with ticket sales soaring. President and CEO Michael Rapino issued a statement that read: "2025 is shaping up to be a historic year for live music, with a strong start having us on track to deliver double-digit growth in operating income and AOI (adjusted operating income) this year." In the concerts sector, Live Nation recorded revenue of almost $2.5 billion, a 14% decrease against the same quarter a year ago. On the venue side, over 10 million fans attended shows at owned venues in the first three months of this year, with food and beverage spending ahead of 2024 at clubs and theaters.

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