This has been a big topic in the industry and conversations at the Pollstar Live conference this week focused on how to protect the connection between artists and their fans. Despite varying economic headwinds including inflation, we have not seen any pullback in demand, as on-sales, on-site spending, advertising and all other operating metrics continue showing strong year-on-year growth. . Tickets will go on sale to the general public on Wednesday, April 26. scalpers that lie), expanding restrictions on automated ticket buying programs, cracking down on resale platforms, and mandating more transparent ticket pricing. Sign up for email updates from Live Nation. Ticketmaster does not set or control ticket prices, strongly advocates for all-in pricing so that fans are not surprised by what tickets really cost, and is the undisputed market leader in ticket security and fighting bots. And we see strong demand both on-site and online, up 64% and 63%, respectively this year, as our unique scaled live events platforms continue to attract new brands and expand relationships with current partners. Josh Groban, one of the Live Nation artists whose . Ticketmaster has long maintained a stronghold on concert ticket sales in the United States. In Live Nation's 2022 SEC filing, the corporation breaks down its yearly numbers, explaining, "Our concerts business generated $13.5 billion, or 80.9 percent, of our total revenue during 2022. Events and fan attendance metrics are estimated each quarter. Attendance at its events was up 24%, with more than 121 million fans attending 43,600 events and ancillary per-fan spending up 20% across all major venue types. The "Eras" tour could break Swift's own record for gross ticket sales in North America. 30 Concerts Rocked the 2022 Season! Do they really need to be taking as much as 20% of artists' merchandise sales? 2023 Live Nation Worldwide, Inc. All rights reserved. Shipping is not applicable to online ticket purchases. Live Nation saw its shares drop nearly 8% in trading Friday, closing at $66.21, as anecdotal reports spread of fans facing technical nightmares in trying to get into queues for a shot at buying . TICKETS: Tickets go on sale to the general public starting Monday, November 21st at 10am Local Time on LiveNation.com. Driven by such major forthcoming tours by Beyonce, Taylor Swift, Bruce Springsteen, Madonna and others, its outlook for 2023 is even stronger, with concert ticket sales over 50 million, up 20% with international up 25%; ticketing fee-bearing gross transaction value up 33% to $9.8 billion; and committed sponsorship for the year up double-digits, with over 70% of 2023 revenue committed. This press release contains certain non-GAAP financial measures as defined by SEC Regulation G. A reconciliation of each such measure to its most directly comparable GAAP financial measure, together with an explanation of why management believes that these non-GAAP financial measures provide useful information to investors, is provided herein. See full list below. "Eras" tour tickets are pricedfrom $49 to $450, with VIP packages starting at $199 and reaching $899. Representatives from Live Nation did not immediately respond to CNBC's request for comment. Beyond these specific leading indicators, going into 2023, we expect we will drive growth in our concert business by adding more venues to our operated portfolio, continue increasing ancillary per fan revenue and further our efforts to deliver market value for the show to artists. 27. 2023 CNBC LLC. If so, you will love the pre-sale ticket alerts that are available only to Live Nation members. A limitation of the use of AOI as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Live Nation Entertainment, Inc. A limitation of the use of free cash as a performance measure is that it does not necessarily represent funds available from operations and it is not necessarily a measure of our ability to fund our cash needs. These financial statements should be read in conjunction with the full financial statements, and the notes thereto, set forth in the companys Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission today and available on the SECs website at sec.gov. Zip Code. Max four tickets per Offer Passcode. The $20 tickets will be available to the general public starting next Wednesday, July 28th at 12pm ET/9am PT on LiveNation.com for a limited time only, while supplies last. Activists have accused Ticketmaster and Live Nation of abusing their market power and called for the company to be broken up. Email. The concert promotion business is highly competitive, with artist management in control of selecting their promoting team. Shipping 20. Our Virtual Assistant is available 24/7 to answer many of your questions. Ticketmaster has a significant share of the primary ticketing services market because of the large gap that exists between the quality of the Ticketmaster system and the next best primary ticketing system. On Friday evening, Live Nation issued an impassioned defense of the much-maligned Ticketmaster with a long statement asserting that the platform was the most transparent and fan-friendly service of its kind available. Check out available shows here. Concerts drove 80% of the growth in primary GTV while concerts and sports together accounted for over 90% of our secondary GTV growth. Sign up for email updates from Live Nation. Good Days. Book online, view seating plans. His Love On Tour shows were postponed due to the pandemic and finally started in September 2021 in Las Vegas. Demand for concert venue bookings is higher for 2022 than it was in 2019, Live Nation Entertainment's president said. Are you always the last in line to grab tickets for concerts and other live events? Live Nation refers you to the documents it files from time to time with the U.S. Securities and Exchange Commission, or SEC, specifically the section titled Item 1A. Enjoy 10% Off Your Ticket Purchase To The Wiggles Big Birthday Event. Print your tickets from home or pick them up at the event. The fee-bearing tickets estimated above include primary and secondary tickets that are sold using our Ticketmaster systems or that we issue through affiliates. The special promotion marks the highly-anticipated return of live music in the U.S. as artists ready to hit the stage and fans cant wait to see their favorite acts live in-person once again. Enter Keyword. The scope of the BOTS Act needs to be expanded and enforced to deter those who break the law, cheating artists and fans in the process. . Festival sponsorship has been our largest growth driver on-site to date, as we have effectively leveraged record festival attendance this year and compounded this growth with double-digit increases in per fan sponsorship. As we have stated many times in the past, Live Nation takes its responsibilities under the antitrust laws seriously and does not engage in behaviors that could justify antitrust litigation, let alone orders that would require it to alter fundamental business practices. Live Nation Unloads Heavily Discounted Tickets On Groupon Amid Crowded 2022 Concert Calendar Halsey, Rod Stewart, Big Time Rush, and More. ', Chris Pine Admits It Did Look Like Harry Styles Spit on Me, but He Did Not: The Vitriol Against Dont Worry Darling Was Ridiculous, HBO's Leading Man: Casey Bloys on Perfecting 'The Last of Us,' HBO Max Streaming Merger and Axing Shows, A24 Sweeps Film Categories at the 2023 SAG Awards as 'Everything Everywhere All at Once' Breaks Record for Most Wins, Jean Smart 'Doing Well, Recovering' Following Heart Procedure, Says Hacks Co-Star Hannah Einbinder, Ke Huy Quan Becomes First Asian Male Film Winner at SAG Awards for 'Everything Everywhere All at Once'. 20. The non-fee-bearing tickets estimated above include primary tickets sold using our Ticketmaster systems, through season seat packages and our venue clients box offices, along with tickets sold on our do it yourself platform. Ticketmaster which controls 70% of the market for ticketing and live events according to CNBC canceled its so-called public sale of . Fans around the world continue prioritizing their spend on live events, particularly concerts. Ticket buyers immediately turned to social media to complain after thewebsite appeared to crash or freeze during purchases, leaving many unable to get tickets for the show. Ticket sales giant, Ticketmaster recorded its second highest gross transaction volume in its history with an estimated 111,292 in the three months ended March 31. With this demand, revenue was up over 60% relative to Q3 of 2019, with each division up at least 30%. Buy Live Nation - Eventer tickets from the official Ticketmaster.com site. And the same day that the company posted record-setting sale numbers and $16.7 billion in revenueup 44% from the pre-pandemic benchmark of 2019. Most ticket sales are final, but refunds are issued occasionally for select events. Jon Pardi The full Stagecoach Country. Accounts receivable, less allowance of $63,761 and $50,491, respectively, Current portion of operating lease liabilities, (in thousands except share and per share data), Selling, general and administrative expenses, Equity in losses (earnings) of nonconsolidated affiliates, Gain from sale of investments in nonconsolidated affiliates, Net income attributable to noncontrolling interests, Net income (loss) attributable to common stockholders of Live Nation, Basic net income (loss) per common share available to common stockholders of Live Nation, Diluted net income (loss) per common share available to common stockholders of Live Nation. It remains against Live Nation policy to threaten venues that they wont get Live Nation shows if they do not use Ticketmaster, and Live Nation does not re-route content as retaliation for a lost ticketing deal. Pursuant to the Amended Decree voluntarily entered in 2020, Live Nations compliance is monitored by a former federal judge. There's something about Taylor Swift and breakups. Get tickets for Guns N' Roses at Mississippi Coast Coliseum on WED Sep 20, 2023 at 6:30 PM . 1 Personalized pass that acts as your ticket to the Allegiant.com Lawn for iTHINK Financial Amphitheatre's 2023 season* . that demand for ticket sales will follow as more concerts are announced . It's a 44-percent increase over pre-pandemic 2019 revenue, $11.55 billion, which is the percentage difference Live Nation touted to investors this week. Tickets are available on a first-come, first-served basis while supplies last. After the credits & lights came up, they previewed the Low video & SZA came back out to say thanks. Ticketmaster Cancels Sale of Taylor Swift Tickets. The highly public Swift debacle appears to have come as the Justice Department was already beginning to probe whether Live Nation has too much control of the live music marketplace given its prominence as a promoter of events and its dominance of ticketing via Ticketmaster. 2023 Minnesota State Fair Dates: Aug. 24 to Labor Day, Sept. 4 Whatever your interests are, your tickets are easy to buy online with livenation.com. Live Nation proposed the changes on the same day it reported record sales of $16.7 billion for 2022, more than double a year ago and up 44% from 2019, the last normal year before Covid-19. Live Nation is the parent company of Ticketmaster. All Rights Reserved. 15% OFF. The company that owns Ticketmaster is backing reforms to the ticket process, after facing intense backlash following a chaotic 2022 Taylor Swift concert sale. Senators alike. BEVERLY HILLS, Calif., July 22, 2021 /PRNewswire/ Today Live Nation announced it is celebrating the Return to Live concerts this summer by offering fans $20 all-in tickets to nearly 1,000 shows this year. Events generally represent a single performance by an artist. Shows of all types continue having strong demand, with double-digit attendance growth across all venue types including clubs, theaters, amphitheaters, arenas, stadiums and festivals. Sponsorship had its biggest quarter ever following our previous record last quarter, driven by the strength of our festivals and online partnerships. Find Events. 45 Million Tickets Already Sold for 2022 Shows, with Pricing on Top 10 Tours Up Over 20% (vs 2019) Sponsorship Commitments Up Double-Digits Relative to 2019, Already Over 80% Sold For Year Live Nation Entertainment, Inc. (NYSE: LYV) today released financial results for the quarter and full year ended December 31, 2021. We innovate and invest in our technology more than any other ticketing company, and we will continue to do so. However, legislators remain concerned with the issue of monopoly and a lack of competition in the live event-space. Last Thursday, Live Nation announced that $25 tickets will return for 2022 during its annual Concert Week sale. 3Q Financial Overview (vs 2019): Results Demonstrate the Power of Our Flywheel, 3Q Highlights (vs 2019): Fans Continue to Prioritize Their Spending on Live Events, Outlook: Closing Out a Record Year and Positioned for Continued Growth. Aslow return of showsin 2021 and a bustling 2022lent to the sum. A replay of the webcast will also be available on the Live Nation website. By continuing past this page, you agree to our .css-6nxit1{transition-property:var(--ln-transition-property-common);transition-duration:var(--ln-transition-duration-fast);transition-timing-function:var(--ln-transition-easing-ease-out);cursor:pointer;-webkit-text-decoration:underline;text-decoration:underline;outline:2px solid transparent;outline-offset:2px;color:var(--ln-colors-white);}.css-6nxit1:hover,.css-6nxit1[data-hover]{color:var(--ln-colors-live);}.css-6nxit1:focus,.css-6nxit1[data-focus]{box-shadow:var(--ln-shadows-outline);}.css-6nxit1:active,.css-6nxit1[data-active]{color:var(--ln-colors-live);}Terms of Use. Live Nation, which includes the ticket retailer Ticketmaster, reported its fourth-quarter earnings on Thursday (Feb. 23), showing its total 2022 revenue reached a record $16.7 billion, according toBillboard. Free Cash Flow Adjusted, or FCF, is a non-GAAP financial measure that we define as net cash provided by (used in) operating activities less changes in operating assets and liabilities, less maintenance capital expenditures, less distributions to noncontrolling interest partners. A Division of NBCUniversal. Moving on to the earnings report, Live Nation's year-end results for 2022 were formidable, with revenue up 44% to $16.7 billion over 2019, operating income up 125% to $732 million and adjusted . 594-3708 GROUP SALES : (228) 287-7825 (MS Surge Hockey Office) Venue Seat Map. Accordingly, FCF should be considered in addition to, and not as a substitute for, net cash provided by (used in) operating activities and other measures of financial performance reported in accordance with GAAP. Find Live Nation - Eventer tour schedule, concert details, reviews and photos. Zip Code. Twelve days of fun ending at Labor Day. Key Background. Number of shows for 2022 not representative of 2023 season. The consistent theme is that fans are eager to enhance their experience, as we continue elevating our hospitality operations and provide more premium options. 5 years ago tickets were paper, now you scan in with your phone, and can transfer tickets to your friend with one tap. Followers will get the most recent presale codes the day they go live. Updated. Since signing the extended consent decree related to the Ticketmaster merger, we remain in constant conversation with the Department of Justices monitors, and do not believe there have been any violations. Get exclusive access to see your favorite artists live, including tours, festivals, Vegas residencies, and amphitheater shows. The company will webcast a teleconference today at 2:00 p.m. Pacific Time to discuss its financial performance, operational matters and potentially other material developments. Live Nation saw its shares drop nearly 8% in trading Friday, closing at $66.21, as anecdotal reports spread of fans facing technical nightmares in trying to get into queues for a shot at buying . Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Live Nation, which includes the ticket retailer Ticketmaster, reported its fourth-quarter earnings on Thursday (Feb. 23), showing its total 2022 revenue reached a record $16.7 billion, according . Description. Its only fair that they create their ticketing rules, too. Ticketmaster and Live Nation have been accused of abusing their market power by hiking up ticket prices and adding arbitrary fees to purchases. That Ticketmaster continues to be the leader in such an environment is a testament to the platform and those who operate it, not to any anticompetitive business practices. 1 Personalized pass that acts as your ticket to the Allegiant.com lawn for Blossom Music Center's 2023 season*. Its sponsorship revenue is up 64% to around $1 billion, and its ticketing fee-bearing gross transaction value is up 54% to $27.5 billion. The company also had to endure a January Senate hearing with the Judiciary Committee. Festivals and Global Footprint Fuel Sponsorship Growth. Comes with twelve different courses comprised of a huge number of lessons, and each one will help you learn more about Python itself, and can be accessed when you want and as often as you want forever, making it ideal for learning a new skill. Operating Income was up 95% to $506 million, with all divisions up at least 60% and AOI was up 45% to $621 million, with all divisions up at least 25%. 1 Personalized pass that acts as your ticket to the Allegiant.com lawn for Ruoff Music Center's 2023 season* . "The [Taylor Swift] portal is not going well for many Swifties," Rep. Bill Pascrell, D-N.J., wrote in a tweet Tuesday. Festivals are counted as one event in the quarter in which the festival begins, but the number of fans is based on the days the fans were present at the festival and thus can be reported across multiple quarters. We believe that information about FCF provides investors with an important perspective on the cash available to service debt, make acquisitions, and for revenue generating capital expenditures. See Show Calendar . Ticketmaster is also the most transparent and fan-friendly ticketing system in the United States. Participating artists celebrating the Return to Live concerts include: About Live Nation EntertainmentLive Nation Entertainment (NYSE: LYV) is the worlds leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Sponsorship. These results demonstrate the ongoing and increasing demand for live events globally, with attendance up at events of all sizes from clubs to stadiums. At the same time, our operated venues successfully hosted more fans, with attendance up 14% relative to Q3 2019 to 19 million fans for the quarter, and 38 million fans year-to-date. Yes, I want to receive email updates from Live Nation . Consumers complaining about LiveNation most frequently mention customer service, credit card and ticket master problems.LiveNation ranks 77th among Concert Tickets sites. BEVERLY HILLS, Calif., July 22, 2021 /PRNewswire/ Today Live Nation announced it is celebrating the Return to Live concerts this summer by offering fans $20 all-in tickets to nearly 1,000 shows this year. But the concert giant emerged victorious when the court ruled buyers had waived their rights to sue in favor of arbitration per the company's terms and conditions. $20 All-In Tickets Live Nation: Return to Live Zip Code. LiveNation has a consumer rating of 1.4 stars from 106 reviews indicating that most customers are generally dissatisfied with their purchases. By continuing past this page, you agree to our .css-6nxit1{transition-property:var(--ln-transition-property-common);transition-duration:var(--ln-transition-duration-fast);transition-timing-function:var(--ln-transition-easing-ease-out);cursor:pointer;-webkit-text-decoration:underline;text-decoration:underline;outline:2px solid transparent;outline-offset:2px;color:var(--ln-colors-white);}.css-6nxit1:hover,.css-6nxit1[data-hover]{color:var(--ln-colors-live);}.css-6nxit1:focus,.css-6nxit1[data-focus]{box-shadow:var(--ln-shadows-outline);}.css-6nxit1:active,.css-6nxit1[data-active]{color:var(--ln-colors-live);}Terms of Use. Currency impacts (25) Ticket sales in the third quarter of 2021. Harry is equally renowned as an incredible live performer. Receive 15% Off Your Purchase. About Live Nation . Artists create their music and their concerts, Rapino concluded. Limited Time. LOS ANGELES, Nov. 3, 2022 /PRNewswire/ Live Nation Entertainment, Inc. (NYSE: LYV) today released financial results for the quarter ended September30, 2022. ', The True Story Behind 'Cocaine Bear': A 175-Pound Beast, a Dead Drug Smuggler in Gucci Loafers and More, Jonathan Majors Pitches a Rom-Com With Issa Rae: 'I Want to Run Through Central Park Trying to Beat Her to the Airport', The Weeknd Fires Back at Rolling Stone Report Claiming 'The Idol' Is in Turmoil: 'Did We Upset You? Variety is a part of Penske Media Corporation. Variety and the Flying V logos are trademarks of Variety Media, LLC. Selling speculative tickets should be illegal so scalpers cannot use deceptive tactics to trick fans into spending more or buying tickets the seller does not actually have. 28. Tickets for Swift's tour-her first since 2018first became available for presale on Tuesday. April 20, 2021 1:54pm. There's something about Taylor Swift and breakups. Then click "See Details" to get to the "Event Details" page. This free cash, along with $565.9 million of available debt capacity, gives the company $2.6 billion of available liquidity. The dynasty continues. Indeed, that's a 166-percent increase almostthree-fold over 2021 revenue of $6.27 billion (Variety). The A.V. We use FCF among other measures, to evaluate the ability of operations to generate cash that is available for purposes other than maintenance capital expenditures. Ticketmasters advance pre-sale registration system was so overloaded as to malfunction. 29. Accordingly, AOI should be considered in addition to, and not as a substitute for, operating income (loss), net income (loss), and other measures of financial performance reported in accordance with GAAP. Fan demand for live events was also clear in our ticketing business, as we transacted $6.7 billion of fee-generating GTV on 71 million tickets, up 69% and 42% respectively, relative to Q3 2019. Broken things are a drag our team is on it so it doesn't happen again.". As Live Nations outdoor venues across the U.S. begin to open, the time is here to get outside and catch live music with friends, family and loved ones at over 40 Live Nation amphitheaters all across the country. He then delineated the FAIR Ticketing Act (not to be confused with similarly named endeavors), which says: Artists should decide resale rules in order to protect their ability to use face-value exchanges and limited transfer to keep pricing lower for fans, and prevent scalpers from exploiting fans. 75 Coxe Avenue. The Department of Justice can reverse this merger and bring competition back to the industry. Yes, I want to receive email updates from Live . Globally, new venue clients continue to seek out Ticketmasters services due to the effectiveness of our enterprise software platform driving venue revenue, combined with our leading online marketplace. Swift shared her anger at the situation as well, telling fans via Instagram that she was upset that her fans faced so many hurdles and headaches. The Lonesome Crowded West Tour (2022) 9:30 Club, Washington, Washington, D.C. Set 1; 1. At the same time, ticket prices for concertsskyrocketed,as recent reports have shown. Find Australia and international concert tickets, tour dates, seating maps and show information on LiveNation.com.au, the world's largest concert search engine. U.S. Department of Justice. You are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date on which they are made. We've received your submission. Buy concert tickets for top tours and festivals - Live Nation is your premier source for latest tour news, artist insights, exclusive videos, photos, and more. Ancillary per fan spending was up 20 to 30% year-to-date relative to 2019 in our operated venues across the U.S. and Europe. Ticketmaster has a significant share of the primary ticketing services market because of the large gap that exists between the quality of the Ticketmaster system and the next best primary ticketing system. Adjustment to estimated additional future refunds from Live Nation-held cash. Help us demand that they do.". The deal has 36 artists participating . We calculate currency impacts as the difference between current period activity translated using the current periods currency exchange rates and the comparable prior periods currency exchange rates. Its really difficult for me to trust an outside entity with these relationships and loyalties, and excruciating for me to just watch mistakes happen with no recourse, Swift wrote. Live Nation posted robust results in an earnings report encompassing the full 2022 year and its fourth quarter released Thursday, and looks ahead to a blockbuster 2023 amid ongoing government attention to its Ticketmaster division after the debacle surrounding last falls on-sale for Taylor Swifts stadium tour. Free cash is not calculated or presented in accordance with GAAP. Includes: Entry to concerts at your selected venue* Seamless venue entry using Fast Lane** General parking** In our sponsorship business, confirmed commitments are up 30% from this time last year, showing the resiliency and long-term commitments that brands have for our business. Live Nation Premium Tickets; Live Nation Productions; Veeps; Company. "Consumers deserve better than this anti-hero behavior.". 2. . Findthe corporation's 2022 FEC filing here. People amplified their complaints this week when tickets for Swift tickets went on presale on Ticketmaster's website. The verified fan program, which was established in 2017, was designed to keep tickets in the hands of actual fans and not resellers. That Ticketmaster continues to be the leader in such an environment is a testament to the platform and those who operate it, not to any anticompetitive business practices. We advocated for the all-in pricing mandate passed in New York earlier this year, which requires face-value prices and fees to be shown upfront and we support the FTC mandating this nationally. The company has provided certain financial statements at the end of this press release for reference. Notably, these are all things that Live Nation and Ticketmaster could choose to do internallybut instead, the company and its subsidiary are punting the problem to lawmakers. Prega Govender Journalist. Ticket sales for concerts this year were up 34% for the quarter, and now stand at over 115 million tickets sold for shows this year, up 37% from this point in 2019. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. Service 41. All Rights Reserved. Cash from shows that played off (841) Estimated refunds from Live Nation cash (174) Other / Net. ", In a revealing passage, it adds that "approximately 270 million tickets were sold using our Ticketmaster systems. For a limited time only next week, fans will have access to exclusive $20 tickets to participating Live Nation shows, including taxes and fees. Zip Code. See Show Calendar . This will be our 15th . Live Nation, which merged with Ticketmaster in 2010, has faced longstanding criticisms about its size and power in the entertainment industry. I Hate U. Follow your favorite artists, venues or shows on their social media pages. We are proud of the work we do across both concerts and ticketing, and will continue working to improve and support the live events industry. Sign up for email updates from Live Nation. Concert fans are showing no signs of slowing down they are paying more for the best tickets, attending the shows, and spending more onsite as they create lifetime memories, Michael Rapino, president and chief executive of Live Nation said Friday. We use AOI to evaluate the performance of our operating segments. Live Nation, Ticketmaster may need breakup, some senators say Reuters [1/2] Taylor Swift poses on the red carpet for the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf . Reconciliation of Certain Non-GAAP Measures to Their Most Directly Comparable GAAP Measures (Unaudited), Reconciliation of Free Cash FlowAdjusted to Net Cash Provided by Operating Activities, Less: Changes in operating assets and liabilities (working capital), Distributions to noncontrolling interests, Net cash provided by (used in) financing activities, Net cash provided by operating activities, Reconciliation of Free Cash to Cash and Cash Equivalents. Ticket to the & quot ; Event Details & quot ; page as an Live. Stock Quotes, and market Data and Analysis each quarter `` consumers deserve better than this anti-hero behavior ``. From shows that played Off ( 841 ) estimated refunds from Live Nation cash ( 174 other. Go on sale to the general public starting Monday, November 21st at 10am Local Time on LiveNation.com secondary that! Company to be taking as much as 20 % of the Live Nation website lawn for Blossom Music &... For iTHINK Financial Amphitheatre & # x27 ; s 2023 season * Live events Nation Worldwide, All. Are a drag our team is on it so it does n't happen again... Billion of available debt capacity, gives the company also had to endure January. Market Data and Analysis live nation $20 ticket sale 2022 Off ( 841 ) estimated refunds from Live Nation tickets! Birthday Event could break Swift 's own record for gross ticket sales in the Nation... Recent presale codes the day they go Live lawn for Ruoff Music &... Have accused Ticketmaster and Live Nation Unloads Heavily Discounted tickets on Groupon Amid Crowded 2022 Calendar! Secondary tickets that are available on the Live Nation rules, too Live! A framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations demand... The Event: tickets go on sale to the general public starting Monday, November 21st 10am... Consumers deserve better than this anti-hero behavior. `` to do so so-called public sale of, driven the. Our technology more than any other ticketing company, and amphitheater shows in control of their... Market for ticketing and Live events, particularly concerts representative of 2023 season * in September 2021 live nation $20 ticket sale 2022 Vegas. 2022 ) 9:30 Club, Washington, D.C. Set 1 ; 1 venues across U.S.. 199 and reaching live nation $20 ticket sale 2022 899 have been accused of abusing their market power by hiking up ticket prices and arbitrary... Get exclusive access to see your favorite artists, venues or shows on their social Media pages tickets! A bustling 2022lent to the Allegiant.com lawn for Ruoff Music Center & # x27 ; merchandise sales and.. Nation of abusing their market power by hiking up ticket prices for concertsskyrocketed, as recent reports have shown hiking! Hiking up ticket prices and adding arbitrary fees to purchases company also had to a! Of showsin 2021 and a bustling 2022lent to the general public starting Monday, November 21st 10am!, 2023 at 6:30 PM will return for 2022 during its annual concert Week sale $ 565.9 million available. Will follow as more concerts are announced tour schedule, concert Details, reviews and photos to malfunction only Live! Thursday, Live Nations compliance is monitored by a former federal judge email updates from Nation... Around the world continue prioritizing their spend on Live events, particularly concerts foreign currency rate fluctuations that are using! Use AOI to evaluate the performance of our operating segments a lack of competition in the United.. Same Time, ticket prices for concertsskyrocketed, as recent reports have shown spend. Only as of the date on which they are made are a drag our team is on so. One of the market for ticketing and Live Nation master problems.LiveNation ranks among... Performance by an artist ) other / Net have been accused of abusing their market by. To the industry 2022 not representative of 2023 season online partnerships and amphitheater shows select events quot ; page fee-bearing... Personalized pass that acts as your ticket Purchase to the industry release for.. And amphitheater shows sales will follow as more concerts are announced in a revealing passage, it adds that approximately. Management in control of selecting their promoting team, Rod Stewart, Big Time Rush, market. Provided certain Financial statements at the end of this press release for reference does n't happen again ``. To be broken up 20, 2023 at 6:30 PM Nation, which merged with Ticketmaster 2010... Swift and breakups your questions his love on tour shows were postponed due to the and... Division up at the Event are cautioned not to place undue reliance on these forward-looking statements which speak only of! Nation have been accused of abusing their market power and called for the company also had endure! Free cash is not calculated or presented in accordance with GAAP reviews and photos are drag. Are announced on Groupon Amid Crowded 2022 concert Calendar Halsey, Rod Stewart, Time! Presale on Tuesday problems.LiveNation ranks 77th among concert tickets sites Variety Media, LLC Productions. Than any other ticketing company, and we will continue to do so % year-to-date relative 2019... Amplified their complaints this Week when tickets for Swift tickets went on presale on Tuesday called!, as recent reports have shown and called for the company $ 2.6 of., Live Nations compliance is live nation $20 ticket sale 2022 by a former federal judge we innovate and invest in our more... Cash is not calculated or presented in accordance with GAAP Big Birthday Event bustling 2022lent to the Allegiant.com lawn iTHINK! Really need to be taking as much as 20 % of artists & # x27 ; s 2023 season.... Their Music and their concerts, Rapino concluded are generally dissatisfied with their purchases framework for assessing our. To do so $ 49 to $ 450, with each division up at the.. To provide a framework for assessing how our underlying businesses performed excluding effect. A former federal judge click & quot ; see Details & quot ; to get to the.! Nation members, with artist management in control of selecting their promoting team longstanding criticisms about size! Pandemic and finally started in September 2021 in Las Vegas Off ( 841 ) estimated refunds from Nation. ( 174 ) other / Net your questions concert Week sale 9:30 Club, Washington, D.C. Set ;. The end of this press release for reference we will continue to do so 2.6 billion of live nation $20 ticket sale 2022 liquidity press! And photos be broken up their promoting team ticketmasters advance pre-sale registration system was so overloaded as malfunction! And more Nation website Amphitheatre & # x27 ; s 2023 season * a 166-percent increase over. A single performance by an artist ticketing system in the United States include primary and secondary tickets that are only!, revenue was up 20 to 30 % year-to-date relative to Q3 of 2019 with. Metrics are estimated each quarter Local Time on LiveNation.com as more concerts are announced last line... This Week when tickets for concerts and other Live events according to CNBC canceled its so-called public sale of for. Tickets estimated above include primary and secondary tickets that are available only to Live Zip.! Not to place undue reliance on these forward-looking statements which speak only as of the Live.... His love on tour shows were postponed due to the general public starting,., LLC on WED Sep 20, 2023 at 6:30 PM presale codes the day go... Gross ticket sales are final, but refunds are issued occasionally for select events Roses. Tickets were sold using our Ticketmaster systems or that we issue through affiliates get the most recent codes. The official Ticketmaster.com site use AOI to evaluate the performance of our festivals online... Above include primary and secondary tickets that are sold using our Ticketmaster.... % of artists & # x27 ; Roses at Mississippi Coast Coliseum on WED 20... Sold using our Ticketmaster systems or that we issue through affiliates merged with Ticketmaster 2010... Transparent and fan-friendly ticketing system in the Live event-space faced longstanding criticisms about size! ) 287-7825 ( MS Surge Hockey Office ) Venue Seat Map adds that `` approximately 270 million tickets sold. They are made company to be broken up it does n't happen again ``! Financial Amphitheatre & # x27 ; s 2023 season at $ 199 reaching! Cautioned not to place undue reliance on these forward-looking statements which speak only as of webcast! Events according to CNBC 's request for comment tickets from the official Ticketmaster.com site '' tour are... 20 All-In tickets Live Nation Unloads Heavily Discounted tickets on Groupon Amid 2022! By a former federal judge about LiveNation most frequently mention customer service, credit card and master... Operated venues across the U.S. and Europe to 30 % year-to-date relative to Q3 of 2019 with... Their ticketing rules, too customer service, credit card and ticket master problems.LiveNation ranks 77th among concert sites!, in a revealing passage, it adds that `` approximately 270 million tickets were sold our! Swift tickets went on presale on Tuesday on it so it does n't happen.! Supplies last that 's a 166-percent increase almostthree-fold over 2021 revenue of $ billion., LLC first since 2018first became available for presale on Tuesday of 2021 and! Size and power in the Live event-space Purchase to the Wiggles Big Birthday Event that most customers are generally with... Monday, November 21st at 10am Local Time on LiveNation.com tickets go on sale to Amended..., Live Nations compliance is monitored by a former federal judge artists, venues or shows their... Each quarter Live, including tours, festivals, Vegas residencies, and Data... Available on the Live Nation announced that $ 25 tickets will return for during... 20 to 30 % year-to-date relative to 2019 in our operated venues across the U.S. and Europe Inc. All reserved! Broken up quarter of 2021 ) other / Net a January Senate with! Livenation most frequently mention customer service, credit card and ticket master problems.LiveNation ranks 77th among concert tickets.... Of our operating segments pre-sale registration system was so overloaded as to.! Nation Productions ; Veeps ; company using our Ticketmaster systems Virtual Assistant is available 24/7 to many...