Celebs in News
Taylor Swift

Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.

Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.

Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.

Related Rumors
Taylor Swift Bruce Springsteen Michael Rapino Jem Aswad-Senior show performer record concert Music CEO Bill Taylor Swift Bruce Springsteen Michael Rapino Jem Aswad-Senior

Live Nation Posts $3.1 Billion in Revenue, Record Attendance as Global Touring Returns

Reading now: 517
variety.com

Jem Aswad Senior Music Editor Despite angry words from Taylor Swift, major issues with its Ticketmaster division, a Senate hearing and incoming legislation, Live Nation posted another record-breaking quarter in Q1 of 2023, with a record $3.1 billion in revenue — up 73% from the same period last year — and a record 19.5 million fans attending its events as the global touring business returns to full strength.

The company’s concerts division already has sold almost 90 million tickets for shows this year already, more than 20% ahead of last year, and posted adjusted operating income of $320 million, a 53% increase. “With many major tours — from Beyoncé to Drake to Bruce Springsteen — demand was so strong that even when artists added a number of additional shows, they still were not able to meet all of the fan demand,” Rapino said. “We think there’s years of industry growth ahead,” CEO Michael Rapino said, detailing in the official announcement, “This performance is indicative of our continued long-term growth and sets the stage for a record 2023, as we are more positive than ever about artists touring, fans attending concerts to see their favorite artists, and our role helping make this happen.” Highlights of the earnings are pasted below, but not surprisingly, the legislation affecting the company’s embattled Ticketmaster division, which faced a firestorm of criticism after a botched on-sale for the Taylor Swift tour last fall, was a major topic during the earnings call’s Q&A session.

True to form, Rapino managed to turn his response into a positive when asked how the legislation will impact the company’s businesses, saying that it’s in line with the company’s proposed FAIR Ticketing Act. “We’re watching what’s going

Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA