Live Nation FY24: Ticket prices, Spotify, DOJ
"Our stadium business is on fire," CEO Michael Rapino tells investors as he declares: "2025 is shaping up to be even bigger"
News By James Hanley | 21 February 2025
Live Nation has reported record revenue and profitability from concerts in 2024 as Michael Rapino hailed “live music’s biggest year yet”. LN, whose stock price hit a new all-time high of $155.10 earlier this week, posted $23.16 billion in overall revenue for 2024 – up 2% on the previous 12 months.
Operating income was $825 million, with AOI of $2.15bn.
Concert attendance rose 4% to 151 million fans, while current ticket sales for 2025 of 65 million tickets for Live Nation concerts are up double-digits year-on-year. Ticketmaster…
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