Record Live Nation turnover for 6th year running

Live Nation stocks soared to an all-time high yesterday following the announcement of record revenues for the sixth consecutive year.

President and chief executive Michael Rapino told investors that the live entertainment giant’s “three core divisions – concerts, ticketing and advertising – [also] each delivered their strongest AOI [adjusted operating income] results in the history of the company”, demonstrating the “tremendous power of the live event, with strong consumer demand and robust supply of new and established artists hitting the road,…

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