Live Nation Q1 Results

LIVE NATION REVENUE, LOSSES UP: Live Nation Entertainment lost $112 million, or 76 cents a share, for the three months ending March 31, compared to a pre-merger, year-ago loss of $102.7 million or $1.29 a share. Sales of the combined company, which includes Ticketmaster and the management firm Front Line Entertainment, were up 49% to $723 million, with concert attendance down 3% to 6.8 million, though spending per consumer jumped 2% to $59.71. Said CEO Michael Rapino: “We remain on track to drive a minimum of $40 million in merger synergies through the end of the year. And no, I can’t get you Lady Gaga tickets.” (5/11a)

BACK TO RUMOR MILL

		NEAR TRUTHS: CENTERS OF GRAVITY Eilish enters a powerful new creative chapter. (5/6a) Check It Out Now ON THE COVER: TAYLOR SWIFT Sorry, Tay, but we had to do it. (5/6a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/6a) Check It Out Now LATEST SCORES: KENDRICK VS. DRAKE Multiple lead changes in this playoff game. (5/6a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (5/3a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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Live Nation Q1 Results

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