International audience growth drives Live Nation to $7.7 billion Q2 revenue

Executives also dismissed the notion of 'blue dot fever', saying consumers are spending at "record levels"

Unipol Forum
Unipol Forum

Live Nation has revealed that international markets drove 10% growth in its global audiences in Q2, as the company reported revenue of $7.7 billion for the quarter, up 9% year-on-year.

These numbers brought company-wide operating income to $522 million, a 7% rise, though executives said the timing of major tours and ongoing investment in the company’s expanding venue and festival portfolio meant that the adjusted operating income (AOI) figure showed only 2% growth.

Speaking to analysts on the firm’s earnings call, executives dismissed notions of…

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