LN’s Joe Berchtold on Spotify, ticketing and AI
The Live Nation president/CFO praises the impact of social media on touring and provides an update on the firm's ticketing efforts
News By James Hanley | 24 May 2023
Live Nation president/CFO Joe Berchtold has praised the impact of platforms such as Spotify, TikTok and Instagram for accelerating the rise of new headline talent.
Berchtold says LN has already sold around 100 million tickets in 2023 so far – as many as it shifted in the entirety of 2019 – with business heavily driven by a “phenomenal year” of stadium shows.
And echoing the comments of CEO Michael Rapino, Berchtold points out the boom is not being driven by heritage acts, but…
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