LN Q2 results: live biz back ‘bigger than ever’
Live Nation chief Michael Rapino also discussed growth in emerging markets and dynamic ticket pricing in the company's Q2 earnings call
News By James Hanley | 5 August 2022
Live Nation CEO Michael Rapino has declared the live business is back “bigger than ever”, with the company’s Q2 financials showing 2022 ticket sales are outperforming pre-pandemic levels.
LN’s share price had risen 12% in the last month in anticipation of yesterday’s results, and closed at $97.63 last night.
The firm attained its highest quarterly attendance ever, attracting more than 33 million fans across 12,500 events, as revenue soared to $4.4 billion – up 40% on the same period in…