Rapino talks Rio, Verified Fan and DOJ after strong Q1 results
As his company celebrates 19% revenue growth, the LN CEO hails a successful launch for Verified Fan – and says the Rock in Rio deal proves it's "serious" about S. America
News By | 4 May 2018
Live Nation has beaten expectations in the first quarter (Q1) of 2018, posting strong growth across the board.
Total revenue grew 19%, while operating income was up 72%, with all the live music giant’s divisions – concerts, sponsorship/advertising and ticketing – delivering double-digit growth in operating income and adjusted operating income (AOI).
“Twenty-eighteen is off to a great start, even better than expected when we had our full-year earnings call in February,” Live Nation’s president and CEO, Michael Rapino, told investors yesterday.
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