Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home DramaAlert

Taylor Swift, Beyonce tours boost Ticketmaster parent Live Nation’s revenues – National

rmtsa by rmtsa
November 3, 2023
in DramaAlert
0
Taylor Swift, Beyonce tours boost Ticketmaster parent Live Nation’s revenues – National
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Tamar Braxton Says She Almost Died

China Launching World’s First ‘Humanoid Pregnancy Robot’ Featuring Artificial Womb And Selling For $14,000

Jenelle Evans Fires Back At Son Jace After He Leaks Explosive Texts

Descrease article font size

Increase article font size

Ticketmaster parent Live Nation Entertainment beat market estimates for third-quarter revenue, benefiting from high ticket prices and surging concert demand.

Shares of the company rose 3.5 per cent in extended trading.

Heavy demand for music concerts from popular figures like Taylor Swift and Beyonce has driven up the prices of tickets, benefiting concert promoters.

The announcement of long-awaited tours from musical artists like Bad Bunny and U2 shows signs of a healthy outlook for the company.

The company’s revenue rose 32 per cent to $8.15 billion in the quarter ended Sept. 30, compared with analysts’ estimates of $6.99 billion, according to LSEG data.

Total estimated events rose 7.6 per cent year-over-year to 12,090 while total estimated fans stood at 52.3 million compared with 37.1 million the previous quarter.

Story continues below advertisement

Total estimated tickets sold were 155.4 million compared with 150.1 million in the previous quarter.


Click to play video: 'The concert boost: How top acts like Taylor Swift, Beyonce are driving economic growth'

2:18
The concert boost: How top acts like Taylor Swift, Beyonce are driving economic growth


Trending Now

Trans Mountain pipeline work blocked in B.C. over environmental non-compliance

Canada’s job market is ‘softening’. What that could mean for interest rates

The company’s concert business, which consists of merchandise sales and the production of live music events, brought in revenue of $6.97 billion – making up the bulk of its overall revenue, followed by $832.6 million from ticketing.

Along with the surging demand, the company faces regulatory challenges.

Live Nation was reportedly subject to a probe by the U.S. Justice Department investigating whether the company uses anticompetitive agreements with venues and artists amid broader concerns of high fees and the company’s control of the concert ticket market.

The company reported a profit per share of $1.78 for the July to September period, compared with $1.39 per share a year ago.

Story continues below advertisement

— Reporting by Zaheer Kachwala in Bengaluru; Editing by Shailesh Kuber

&copy 2023 Thomson Reuters



Source link

Tags: BeyoncéboostLiveNationalNationsParentrevenuesSwiftTaylorTicketmasterTours
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Tamar Braxton Says She Almost Died

by rmtsa
August 20, 2025
0
Tamar Braxton Says She Almost Died

Tamar Braxton has revealed that she endured a harrowing medical emergency that left her with severe injuries. Fans are now wondering what happened as they flood the famed...

Read more

China Launching World’s First ‘Humanoid Pregnancy Robot’ Featuring Artificial Womb And Selling For $14,000

by rmtsa
August 20, 2025
0
China Launching World’s First ‘Humanoid Pregnancy Robot’ Featuring Artificial Womb And Selling For ,000

A robotics CEO in China is launching the world’s first “Humanoid pregnancy robot” that will feature an artificial womb and sell for $14,000. The tech executive claims his...

Read more

Jenelle Evans Fires Back At Son Jace After He Leaks Explosive Texts

by rmtsa
August 20, 2025
0
Jenelle Evans Fires Back At Son Jace After He Leaks Explosive Texts

jenelle evans Responds to Son Jace's Shocking Text Leaks Published August 19, 2025 7:35 PM PDT Jenelle Evans is firing back after her teenage son Jace dropped text...

Read more

Video Shows Final Moments of Teen Found Dead In Pond After Texting Mom ‘Help’

by rmtsa
August 20, 2025
0
Video Shows Final Moments of Teen Found Dead In Pond After Texting Mom ‘Help’

The footage allegedly shows Giovannni Pelletier almost get hit by a truck running across the freeway, before an "controllable sprint" down an embankment toward the pond where his...

Read more

Jason Momoa And David Leitch Team On Action Pic ‘Pirate’

by rmtsa
August 19, 2025
0
Jason Momoa And David Leitch Team On Action Pic ‘Pirate’

Jason Momoa and David Leitch are coming on to produce The Pirate, from writer Will Dunn, whose hot spec script was just acquired by Amazon MGM Studios, Deadline...

Read more
Next Post
Luke Spiller + Taylor Hawkins Were Planning a Queen Covers Tour

Luke Spiller + Taylor Hawkins Were Planning a Queen Covers Tour

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Watch Tiffany Haddish Hilariously Roast Donald Trump
  • Release Date, Trailer, Plot, Cast & More – Hollywood Life
  • Captain Kingdom & Captain France in The Daily LITG, 20th August, 2025

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In