Live Nation Reports $4.4B in Revenue As Fan Attendance Hits Quarterly High

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The company saw an estimated 33.4 million fans across 12,500 events during the second quarter.

posted $4.4 billion in revenue during the second quarter as fan attendance soared to 33.4 million across 12,500 events, the company reported on Thursday.

Through Ticketmaster, Live Nation sold an estimated 139,866 tickets during Q2, an increase from the 111,292 sold in the first quarter, which was the second highest gross transaction volume in the company’s history at the time. The company also reported $318.7 million in operating income during the quarter, a comeback from the $127.3 million loss reported last year.

Concerts accounted for $3.6 billion in revenue during, followed by $575.3 million from tickets, according to the company’s Q2

 

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