About Live Nation Entertainment, Inc.

Live Nation Entertainment holds center stage as the world's largest ticket seller and promoter of live entertainment. The company significantly expanded its ticketing services with the purchase of Ticketmaster Entertainment in 2010. The firm owns or operates more than 220 venues in North America and Europe. Annually, over 580 million people attend Live Nation events. Live Nation also owns House of Blues venues through HOB Entertainment and dozens of prestigious concert halls. In addition, Live Nation owns a stake in more than 500 artists' music, including albums, tours, and merchandise.


Live Nation's reportable segments are Concerts, Ticketing, and Sponsorship & Advertising. Its Concerts segment (over 75% of revenue) involves global promotion of live music events in its owned and operated venues and in rented third-party venues, the operation and management of music venues, and the production of music festivals across the world. The Ticketing segment (about 20%) is primarily an agency business that sells tickets for events on behalf of its clients and retains a convenience charge and order processing fee for its services. Its Sponsorship & Advertising segment (approximately 5%) employs a sales force that creates and maintains relationships with sponsors that allow businesses to reach customers through Live Nation's concert, venue, artist relationship, and ticketing assets, including advertising on its websites.

Geographic Reach

Live Nation owns, operates, or leases more than 220 venues located throughout the world. The company generates about 65% of revenue from domestic operations.

Sales and Marketing

Live Nation promotes its events and sells tickets through websites (www.livenation.com and www.ticketmaster.com). The company also sells tickets in numerous retail outlets and call centers and sold nearly 500 million tickets in 2017. Ticketmaster serves more than 12,000 clients worldwide. The company spent $378.1 million, $311.9 million and $275.6 million on advertising and promotional expenses for the years 2017, 2016 and 2015, respectively. Ticketmaster and Live Nation have both suffered from the public's perception that the companies have virtual monopolies on major parts of the music industry.

Financial Performance

Live Nation's revenue has been growing consistently year-over-year. Its total revenue for fiscal 2017 was $10.3 billion, up from $8.3 billion in fiscal 2016. The revenue spike marked the company's twelfth consecutive year of revenue growth and fiscal 2017 was Live Nation's highest revenue year ever.

Live Nation's Concerts segment was the largest contributor to its overall revenue growth, with an increase of $1.6 billion compared to fical 2016 (a 25% increase without the impact of changes in foreign exchange rates). The higher revenue was partially due to additional arena shows in the US, stadium events internationally, and growth in Live Nation's theater and club business worldwide. Overall, Concert attendance grew by nearly 15 million to nearly 86 million fans, a record for the company, and an increase of 21% over fiscal 2016.

Despite the revenue spike in fiscal 2017, Live Nation suffered a net loss of $6.02 million after claiming net income of $2.94 million in fiscal 2016. The company's slim profit margin is a result of its high cost of doing business.


Mergers and Acquisitions

In 2017, Live Nation acquired United Concerts, one of the world’s leading entertainment companies.

In 2017 Ticketmaster also acquired Ticketpro, based in Halifax, Nova Scotia, Canada. Ticketpro is a leading provider of ticketing services with active operations in Belarus, Bulgaria, Canada, Chile, the Czech Republic, Greece, Hungary, Malaysia, Poland, and the Slovak Republic. The acquisition offered Ticketmaster the opportunity to extend its international ticketing business activities into another key Central European market within the Czech Republic, as well as complement the development of its existing business in neighboring Poland.

During 2017 Live Nation also acquired Cuffe & Taylor, one of the UK’s fastest-growing promoters focused on festivals and promoting artists in novel and non-traditional outdoor venues. The acquisition will help Live Nation expand its overall presence across the UK regional markets.

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Live Nation Entertainment, Inc.

9348 Civic Center Dr
Beverly Hills, CA 90210-3642
Phone: 1 (310) 867-7000
Fax: 1 (310) 867-7001


  • Employer Type: Public
  • Stock Symbol: LYV
  • Stock Exchange: NYSE
  • CEO and Director: Michael Rapino
  • Chairman: Gregory B. Maffei
  • CEO and Director: Michael Rapino
  • 2017 Employees: 8,800

Major Office Locations

  • Beverly Hills, CA

Other Locations

  • Phoenix, AZ
  • Anaheim, CA
  • Chula Vista, CA
  • Los Angeles, CA
  • North Myrtle Beach, CA
  • San Bernardino, CA
  • San Diego, CA
  • San Francisco, CA
  • West Hollywood, CA
  • Denver, CO
  • Greenwood Village, CO
  • Wallingford, CT
  • Washington, DC
  • Boca Raton, FL
  • Miami Beach, FL
  • Orlando, FL
  • Tampa, FL
  • West Palm Beach, FL
  • Alpharetta, GA
  • Atlanta, GA
  • Aurora, IL
  • Chicago, IL
  • Tinley Park, IL
  • Indianapolis, IN
  • New Orleans, LA
  • Boston, MA
  • Novi, MI
  • Minneapolis, MN
  • Kansas City, MO
  • Saint Louis, MO
  • Charlotte, NC
  • Camden, NJ
  • Cape May Court House, NJ
  • Las Vegas, NV
  • Buffalo, NY
  • New York, NY
  • Saratoga Springs, NY
  • Chagrin Falls, OH
  • Cincinnati, OH
  • Cleveland, OH
  • Columbus, OH
  • Cuyahoga Falls, OH
  • North Olmsted, OH
  • Bala Cynwyd, PA
  • Pittsburgh, PA
  • Memphis, TN
  • Addison, TX
  • Dallas, TX
  • Houston, TX
  • Pflugerville, TX
  • Pharr, TX
  • San Antonio, TX
  • Spring, TX
  • Stephenville, TX
  • Salt Lake City, UT
  • Ashburn, VA
  • Bristow, VA
  • Chantilly, VA
  • Auburn, WA
  • George, WA
  • Seattle, WA
  • Charleston, WV
  • Edmonton, Canada
  • Gatineau, Canada
  • Kamloops, Canada
  • Kelowna, Canada
  • London, Canada
  • Montréal, Canada
  • Ottawa, Canada
  • Québec, Canada
  • Red Deer, Canada
  • Surrey, Canada
  • Vancouver, Canada
  • Winnipeg, Canada
  • Göteborg, Sweden
  • Malmö, Sweden
  • Tranås, Sweden
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