Live Nation: Don’t get the blues over ‘blue dot fever’

President/CFO Joe Berchtold chalks up speculation around tour cancellations to 'scalper marketing programme'

Joe Berchtold
Joe Berchtold

Live Nation’s Joe Berchtold has pushed back on public discourse around ‘blue dot fever’ as the company eyes expanding its fanbase to 225 million people globally.

Over the past week, Live Nation’s share price has remained steady around $170 (€150), inching closer to the company’s previous all-time closing peak of $173.79 (€149.21) back in September. It’s a strong signal as fears around ‘blue dot fever’ – a phrase to describe poor ticket sales leading to tour cancellations – run rampant,…

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