Taylor Swift and Beyonce concerts deliver record-breaking earnings for Live Nation

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 79 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 99%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Live Nation Entertainment has Taylor Swift and Beyoncé to thank for propelling the live concerts organizer to its strongest quarterly results to date.

The parent company of Ticketmaster, which drew the wrath of Swifties and lawmakers after botching ticket sales for the wildly successful Taylor Swift Eras Tour, on Thursday reported third-quarter 2023 revenue of $8.3 billion, up 32% from a year ago."Today we delivered our strongest quarter ever and are on pace for a record 2023," Live Nation CEO Michael Rapino said in a statement.

To be sure, live concerts returned with a bang in 2023, with Taylor Swift and Beyoncé becoming the hottest tickets in town. But a slew of stars took to the road this year, including Pink, Harry Styles, Bad Bunny, the Jonas Brothers and Bruce Springsteen. Separately, the Wall Street Journal on Thursday reported that the Justice Department is investigating Live Nation for using anticompetitive practices to book venues and top talent and manage their ticket sales, citing people familiar with the matter. It reported that the probe is into whether these agreements limit venues' ability to work with other ticket services.

A technical change in assessment has provided good news on the health of Newfoundland’s northern cod stock. That has some fishermen dreaming of the future.Mary Ellen Turpel-Lafond, a high-profile former judge embroiled in a controversy surrounding her claims to Indigenous identity, has been removed from the Order of Canada at her own request.A suspicious husband who surreptitiously installed a hidden camera in the bedroom of his B.C.

British Prime Minister Rishi Sunak said Thursday that achievements at the first international AI Safety Summit would "tip the balance in favor of humanity" in the race to contain the risks from rapid advances in cutting-edge artificial intelligence.Elon Musk sat down with British Prime Minister Rishi Sunak in a conversation that dove into the dangers and opportunities of artificial intelligence on Thursday, capping off the UK’s inaugural AI Safety Summit.U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines