Live Nation Posts Another Record Year in 2023, Revenue Up 36% to Almost $23 Billion
variety.comJem Aswad Executive Editor, Music Live Nation had another record year in 2023 as multiple superstar acts toured the world and live entertainment returned in earnest after the pandemic shut it down for nearly all of 2020 and 2021.
The world’s largest live-entertainment company saw revenue of $22.7 billion, up 36% from 2022, pointing to record attendance, ticket sales and sponsorships.
Adjusted operating income was $1.86 billion, up 32% year-over-year. With Beyonce, Metallica, Luke Combs and many more on the road, attendance was up 20.3% to 145.8 million.
Attendance in North America soared 16.6% to 81.3 million and international attendance climbed 25.4% to 64.5 million. The number of concerts staged by the company was up 15.3% to 33,629 in North America and 13.5% to 16,430 internationally.
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