In 2023, the live event specialist Live Nation generated a total of 22.75 billion U.S. dollars in revenue, up significantly from over six billion a year earlier. Of this revenue generated in 2023, over 2.9 billion U.S. dollars came from ticketing revenue and close to 19 billion U.S. dollars was generated through concerts. However, in 2020 the company was not able to generate the same amount of revenue due to the COVID-19 pandemic, which resulted in events and concerts being cancelled.
Unfortunately, the coronavirus pandemic in 2020 quickly impacted Live Nation amidst thousands of event closures or postponements, and the company's share price between February and March 2020 dropped significantly. Today with the world once again exploring live events, the company is, however, on track to return to pre-pandemic condition.
The fiscal year end of the company is December, 31st.
Revenue of Live Nation Entertainment from 2006 to 2023
(in billion U.S. dollars)
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U.S. Securities and Exchange Commission. (February 22, 2024). Revenue of Live Nation Entertainment from 2006 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/193700/revenue-of-live-nation-entertainment-since-2006/
U.S. Securities and Exchange Commission. "Revenue of Live Nation Entertainment from 2006 to 2023 (in billion U.S. dollars)." Chart. February 22, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/193700/revenue-of-live-nation-entertainment-since-2006/
U.S. Securities and Exchange Commission. (2024). Revenue of Live Nation Entertainment from 2006 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/193700/revenue-of-live-nation-entertainment-since-2006/
U.S. Securities and Exchange Commission. "Revenue of Live Nation Entertainment from 2006 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/193700/revenue-of-live-nation-entertainment-since-2006/
U.S. Securities and Exchange Commission, Revenue of Live Nation Entertainment from 2006 to 2023 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/193700/revenue-of-live-nation-entertainment-since-2006/ (last visited November 10, 2024)
Revenue of Live Nation Entertainment from 2006 to 2023 (in billion U.S. dollars) [Graph], U.S. Securities and Exchange Commission, February 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/193700/revenue-of-live-nation-entertainment-since-2006/
