Live music industry ‘reached new heights’ in 2023

Concert attendance was up 20% for Live Nation to more than 145 million last year, with revenue rising 23% to US$22.7 billion (€20.95bn). The company posted all-time highs for attendance, ticket sales and sponsorship activity in its financial results for full-year and Q4 2023.

Operating income was up 46% to $1.07bn and AOI rose 32% to $1.86bn, doubling since the last pre-pandemic year of 2019, while Live Nation remains the largest supporter of artists, with investment in acts leaping by more than 40% to…

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