Live Nation: ‘We expect shows at scale next summer’
In its Q3 earnings call, the leading promoter revealed it is is working on a "roadmap" to get back live safely ahead of the resumption of major shows in 2021
News By IQ | 6 November 2020
Live Nation execs were bullish on the company’s prospects during its Q3 2020 earnings call, citing further cost cutting, progress on Covid-19 testing and a “consistently low” refund rate as reasons to be cheerful after another difficult quarter for the US concert giant.
With next to no concerts taking place globally, Live Nation reported a 95.1% drop in revenue, from US$3.77 billion (in Q3 2019) to US$184 million, in the third quarter of 2020 (June–September), the second full financial quarter…
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