Live Nation Year-End Earnings
A NATION OF MILLIONS: Live Nation increased its revenue by 8%, with ticket sales growth of 4% at concerts and 5% for Ticketmaster during its fiscal year 2012, results revealed during a teleconference call this afternoon. Revenue for the three months ending Dec. 31, 2012, was $1,427 million, up 21% over the prior year. Revenue for the full year was $5,819, up 8% from the previous year’s $5,384. So far in 2013, the company has sold 9 million concert tickets for the coing year, a 58% increase from a year ago. Commented Live Nation President/CEO Michael Rapino: “Our ongoing growth in operating profitability was driven by the continued success of our core business of bringing more fans to more events. Looking forward to 2013, I am confident that we will continue that successful growth. I expect another strong year for our Sponsorship & Advertising business as we accelerate our online advertising and continue leveraging our festival base. And no, I can't get you Rolling Stones tickets." (2/26p)
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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A CHORUS OF PRAISE: IVORS 2024 NOMS
