Live Nation CEO Michael Rapino Projects Record Ticket Sales for 2022
Sasha Urban editorIn a conversation on CNBC’s “TechCheck” on Monday, Live Nation Entertainment CEO and president Michael Rapino said he expects a record year for the company’s ticket sales, despite the ongoing conflict between Ukraine and Russia.“We don’t have a lot of shows in that area so that hasn’t really affected our business,” Rapino told CNBC’s Julia Boorstin. “Europe seems to be business as usual right now for the summer, so we haven’t seen any disruption in our core business around the world in terms of touring.”He continued, “We’re still tracking 30% plus up year over year, we’re seeing consumers buying tickets on sale this weekend.