Live Nation has revealed their full 2022 financial results with a 44% increase in revenue including roughly $1 billion in sponsorship revenue.
2022 was a huge year for the live event giant as their revenue increased to $16.7 billion, up 44% since their benchmark of 2019. This is partly due to the 121 million fans that attended their over 44,000 concerts, shows, and festivals last year.
In a letter from Michael Rapino, president and Chief Executive Officer of Live Nation Entertainment, he revealed these statistics and addressed the controversy over their ticketing strategy with…
