Live Nation posts record $3 billion revenue amid backlash from concertgoers over Ticketmaster prices and accessibility
Live Nation Entertainment reported astronomical numbers for the first quarter of 2023 as venues around the world begin to fully reopen and musicians start touring again. a record $3.1 billion in revenue
The company also reported it's sold a record number 90 million tickets year-to-date for 2023 shows, and attendance reached 19 million people across events in 45 countries in just the first three months of the year. "With many major tours — from Beyoncé to Drake to Bruce Springsteen — demand was so strong that even when artists added a number of additional shows, they still were not able to meet all of the fan demand," Rapino said in a statement.
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