Live Nation announced that they posted their biggest summer concert season in their history. The ticketing and live entertainment giant saw its profitability rise 39% to $474 million over the previous year, with a recorded revenue of $7.7 billion. This news comes after Live Nation recorded its all-time biggest first quarter earlier this year, which follows a record-setting 2023. The company disclosed that they sold 144 million tickets for 2024 Live Nation concerts through October, a 3% gain over 2023.  “We wrapped up our most active summer concert season ever,” said Michael Rapino, Live Nation’s president-CEO. “As we look toward an even bigger 2025, we have a larger lineup of stadium, arena and amphitheater shows for fans to enjoy. Momentum continues to build, as we expand the industry’s infrastructure with music-focused venues to support artists and reach untapped fan demand across the globe.”
(Variety)