Despite all the bad press and major issues with its Ticketmaster division, Live Nation posted another record-breaking quarter in Q1 of 2023. The company unveiled a record $3.1 billion in revenue, an augmentation of 73% from the same period last year. Live Nation also had a record of 19.5 million fans attending its events as the global touring business returned to full strength.
Clearly, operating metrics show that global demand for live events continues to reach new heights. As a matter of fact, it has been growing for quite some time and is showing no signs of letting up. After talking to fans, Live Nation reported that…