Explore HARDY tour schedules, latest setlist, videos, and more on livenation.com 474. Ticket sales for shows in 2023 are pacing even stronger than they were heading into 2022, up double-digits year-over-year, excluding sales from rescheduled shows. By continuing past this page, you agree to our .css-6nxit1{transition-property:var(--ln-transition-property-common);transition-duration:var(--ln-transition-duration-fast);transition-timing-function:var(--ln-transition-easing-ease-out);cursor:pointer;-webkit-text-decoration:underline;text-decoration:underline;outline:2px solid transparent;outline-offset:2px;color:var(--ln-colors-white);}.css-6nxit1:hover,.css-6nxit1[data-hover]{color:var(--ln-colors-live);}.css-6nxit1:focus,.css-6nxit1[data-focus]{box-shadow:var(--ln-shadows-outline);}.css-6nxit1:active,.css-6nxit1[data-active]{color:var(--ln-colors-live);}Terms of Use. Ticketmaster Cancels Sale of Taylor Swift Tickets. Live Nation took a hard hit during the pandemic and was forced to cancel all its tours. These include giving performers the ability to decide their own ticket resale rules, outlawing the sale of speculative tickets (i.e. This free cash, along with $565.9 million of available debt capacity, gives the company $2.6 billion of available liquidity. Concerts drove 80% of the growth in primary GTV while concerts and sports together accounted for over 90% of our secondary GTV growth. Teenage Cybercrime Gang LAPSUS$ Strikes Again, The 2023 Complete Python Certification Bootcamp Bundle, Time to Tackle the Taylor Swift Ticketmaster Turmoil | TechModo. We promoted more than 43,600 live music and other events in 2022. We delivered double-digit attendance growth relative to Q3 2019 across established and emerging markets around the globe from North America to Europe to South America, showing our long runway of global growth. Currency impacts (25) Ticket sales in the third quarter of 2021. Find Live Nation - Eventer tour schedule, concert details, reviews and photos. Max four tickets per Offer Passcode. Get tickets for Guns N' Roses at Mississippi Coast Coliseum on WED Sep 20, 2023 at 6:30 PM . Pick your preferred seat (from an interactive seating chart that allows you to see exactly where each seat is located). ', Chris Pine Admits It Did Look Like Harry Styles Spit on Me, but He Did Not: The Vitriol Against Dont Worry Darling Was Ridiculous, HBO's Leading Man: Casey Bloys on Perfecting 'The Last of Us,' HBO Max Streaming Merger and Axing Shows, A24 Sweeps Film Categories at the 2023 SAG Awards as 'Everything Everywhere All at Once' Breaks Record for Most Wins, Jean Smart 'Doing Well, Recovering' Following Heart Procedure, Says Hacks Co-Star Hannah Einbinder, Ke Huy Quan Becomes First Asian Male Film Winner at SAG Awards for 'Everything Everywhere All at Once'. Free Cash Flow Adjusted, or FCF, is a non-GAAP financial measure that we define as net cash provided by (used in) operating activities less changes in operating assets and liabilities, less maintenance capital expenditures, less distributions to noncontrolling interest partners. ", In a revealing passage, it adds that "approximately 270 million tickets were sold using our Ticketmaster systems. Its sponsorship revenue is up 64% to around $1 billion, and its ticketing fee-bearing gross transaction value is up 54% to $27.5 billion. Current Deferred Revenue as of 9/30/2021 $ 1,869 "Consumers deserve better than this anti-hero behavior.". Josh Groban, one of the Live Nation artists whose . Accordingly, free cash should be considered in addition to, and not as a substitute for, cash and cash equivalents and other measures of financial performance reported in accordance with GAAP. This story has been shared 106,884 times. Risk Factors of the companys most recent Annual Report filed on Form 10-K, and Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K, which contain and identify other important factors that could cause actual results to differ materially from those contained in the companys projections or forward-looking statements. Regarding ticketing reforms and clearly referencing the debacle surrounding the Taylor Swift Eras tour on-sale, which left many fans waiting online for hours without receiving tickets, as well as the still-booming secondary market he continued, We believe that greater transparency on the entire ticketing ecosystem will improve the industry, and we have been engaging with policymakers to advocate for reforms. Email. On the "My Events" page, choose the order you need help with. Live Nation does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise. The market is increasingly competitive nonetheless, with rivals making aggressive offers to venues. Ticketmaster. Value 38. Ticketmaster and Live Nation have been accused of abusing their market power by hiking up ticket prices and adding arbitrary fees to purchases. Ancillary per fan spending was up 20 to 30% year-to-date relative to 2019 in our operated venues across the U.S. and Europe. Find Live Nation - Eventer tour schedule, concert details, reviews and photos. And we see strong demand both on-site and online, up 64% and 63%, respectively this year, as our unique scaled live events platforms continue to attract new brands and expand relationships with current partners. "Eras" tour tickets are pricedfrom $49 to $450, with VIP packages starting at $199 and reaching $899. We innovate and invest in our technology more than any other ticketing company, and we will continue to do so, Live Nation wrote (full statement below). More importantly, momentum is strong with early signs pointing to continued growth in 2023 across our businesses. Representatives from Live Nation did not immediately respond to CNBC's request for comment. A limitation of the use of AOI as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Swift's latest tour, which comes on the heels of herrecord-breaking new album release "Midnights,"has set 52 dates so far, the singer's largest tour to date. 44 Concerts Rocked the 2022 Season! Updated. Social Media Presale. We believe that information about AOI assists investors by allowing them to evaluate changes in the operating results of our portfolio of businesses separate from non-operational factors that affect net income (loss), thus providing insights into both operations and the other factors that affect reported results. However, legislators remain concerned with the issue of monopoly and a lack of competition in the live event-space. The Live Nation and Ticketmaster monopoly, a coalition of activists called "Break Up Ticketmaster. 2023 Minnesota State Fair Dates: Aug. 24 to Labor Day, Sept. 4 The special promotion marks the highly-anticipated return of live music in the U.S. as artists ready to hit the stage and fans cant wait to see their favorite acts live in-person once again. Encore. Festival sponsorship has been our largest growth driver on-site to date, as we have effectively leveraged record festival attendance this year and compounded this growth with double-digit increases in per fan sponsorship. Live Nation, Ticketmaster may need breakup, some senators say Reuters [1/2] Taylor Swift poses on the red carpet for the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf . These ticket metrics are net of any refunds requested and any cancellations that occurred during the period, which may result in a negative number. Forward-Looking Statements, Non-GAAP Financial Measures and Reconciliations: Certain statements in this press release, including the Supplemental Information that follows, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Shares of Live Nation Entertainment took a big hit Friday amid reports that the Justice Department was looking into widespread complaints over how Ticketmasters platform botched the pre-sale auction and other aspects of the first-day rush to buy tickets to Taylor Swifts jaunt that begins March 18 in at State Farm Stadium in Glendale, Ariz. Live Nation saw its shares drop nearly 8% in trading Friday, closing at $66.21, as anecdotal reports spread of fans facing technical nightmares in trying to get into queues for a shot at buying ducats for Swifts hotly sought-after The Eras tours. Are you always the last in line to grab tickets for concerts and other live events? Activists and lawmakers are renewing calls to split Ticketmaster and Live Nation after a fiasco over ticket sales for the pop superstar's upcoming "Eras" tour, which is slated to kick off in March. Ticketmaster does not set or control ticket prices, strongly advocates for all-in pricing so that fans are not surprised by what tickets really cost, and is the undisputed market leader in ticket security and fighting bots. As we have grown attendance, we have also continued driving greater market pricing for our concerts, and now expect to transfer over $550 million of additional payments to artists this year, continuing our efforts to help artists get the full value from their shows. . As ticket sales increase, related ticketing operating income generally increases as well.". Activists have accused Ticketmaster and Live Nation of abusing their market power and called for the company to be broken up. Adjustment to estimated additional future refunds from Live Nation-held cash. Print your tickets from home or pick them up at the event. BEVERLY HILLS, Calif., July 22, 2021 /PRNewswire/ Today Live Nation announced it is celebrating the Return to Live concerts this summer by offering fans $20 all-in tickets to nearly 1,000 shows this year. Live Nation Entertainment, Inc. (NYSE: LYV) is the worlds leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. If you need further assistance, we'll transfer you to an agent. Limited Time. Prega Govender Journalist. "Its been a long, difficult year for everyone and were fired up to be reuniting with our crew, sharing new music with our fans, and celebrating a brand new world.". Variety and the Flying V logos are trademarks of Variety Media, LLC. Decide how many tickets you wish to purchase. The company that owns Ticketmaster is backing reforms to the ticket process, after facing intense backlash following a chaotic 2022 Taylor Swift concert sale. These financial statements should be read in conjunction with the full financial statements, and the notes thereto, set forth in the companys Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission today and available on the SECs website at sec.gov. 1 Personalized pass that acts as your ticket to the Hackensack Meridian Health Lawn for PNC Bank Arts Center's 2023 season*. Live Nation today announced the return of Concert Week, offering fans access to $25 all-in tickets to more than 3,700 shows across North America this year. Citi cardmembers will have access to . Buy Live Nation - Eventer tickets from the official Ticketmaster.ca site. Find Australia and international concert tickets, tour dates, seating maps and show information on LiveNation.com.au, the world's largest concert search engine. As we expected, our performance this quarter was led by our concert business, which held 11 thousand concerts for 44 million fans across nearly 50 countries. Michael Rapino Klobuchars and Lees appeal to the DOJ was sent the same day as Live Nations policy proposal. 10. Ticketmasters advance pre-sale registration system was so overloaded as to malfunction. The company has provided certain financial statements at the end of this press release for reference. By continuing past this page, you agree to our terms of use. And the same day that the company posted record-setting sale numbers and $16.7 billion in revenueup 44% from the pre-pandemic benchmark of 2019. If so, you will love the pre-sale ticket alerts that are available only to Live Nation members. 30+ Concerts Rocked the 2022 Season! Swift shared her anger at the situation as well, telling fans via Instagram that she was upset that her fans faced so many hurdles and headaches. If you don't have an account, you'll be prompted to create one. Add your coupon code by clicking "Apply Voucher Code" and view your adjusted price with the discount applied. LOS ANGELES, Nov. 3, 2022 /PRNewswire/ Live Nation Entertainment, Inc. (NYSE: LYV) today released financial results for the quarter ended September30, 2022. Then keep your eyes peeled for the unique presales they share with our social communities. 1 Personalized pass that acts as your ticket to the Allegiant.com lawn for Blossom Music Center's 2023 season*. Fans generally represent the number of people who attend an event. The verified fan program, which was established in 2017, was designed to keep tickets in the hands of actual fans and not resellers. FCF is not calculated or presented in accordance with GAAP. I Hate U. Since Ticketmaster is part of Live Nation Entertainment, you'll go to the Ticketmaster website to complete your purchase. 5 years ago tickets were paper, now you scan in with your phone, and can transfer tickets to your friend with one tap. Tickets are available on a first-come, first-served basis while supplies last. The highly public Swift debacle appears to have come as the Justice Department was already beginning to probe whether Live Nation has too much control of the live music marketplace given its prominence as a promoter of events and its dominance of ticketing via Ticketmaster. Ticket sales for concerts this year were up 34% for the quarter, and now stand at over 115 million tickets sold for shows this year, up 37% from this point in 2019. Live Nation refers you to the documents it files from time to time with the U.S. Securities and Exchange Commission, or SEC, specifically the section titled Item 1A. Enter Keyword. Driven by such major forthcoming tours by Beyonce, Taylor Swift, Bruce Springsteen, Madonna and others, its outlook for 2023 is even stronger, with concert ticket sales over 50 million, up 20% with international up 25%; ticketing fee-bearing gross transaction value up 33% to $9.8 billion; and committed sponsorship for the year up double-digits, with over 70% of 2023 revenue committed. The companys CFO Joe Berchtold also claimed that Ticketmaster doesnt set the lofty ticket prices. Zip Code. A limitation of the use of FCF as a performance measure is that it does not necessarily represent funds available for operations and is not necessarily a measure of our ability to fund our cash needs. Once you are there, click the 'Contact Us' button. Get tickets before anyone else with our exclusive concert ticket presales. We may earn a commission from links on this page. ', Chris Pine Admits It Did Look Like Harry Styles Spit on Me, but He Did Not: The Vitriol Against Dont Worry Darling Was Ridiculous, HBO's Leading Man: Casey Bloys on Perfecting 'The Last of Us,' HBO Max Streaming Merger and Axing Shows, A24 Sweeps Film Categories at the 2023 SAG Awards as 'Everything Everywhere All at Once' Breaks Record for Most Wins, Jean Smart 'Doing Well, Recovering' Following Heart Procedure, Says Hacks Co-Star Hannah Einbinder, Ke Huy Quan Becomes First Asian Male Film Winner at SAG Awards for 'Everything Everywhere All at Once'. Addressing the monopoly accusations around the company, he added, On the regulatory front: The ticketing industry is more competitive than ever, and our market share has gone down, not up, since the Ticketmaster merger. We operate ticketing marketplaces in more than 30 countries around the world and have seen all-in pricing adopted successfully in many countries when mandated across the board. 40 Concerts Rocked the 2022 Season! See Show Calendar . ', The True Story Behind 'Cocaine Bear': A 175-Pound Beast, a Dead Drug Smuggler in Gucci Loafers and More, Jonathan Majors Pitches a Rom-Com With Issa Rae: 'I Want to Run Through Central Park Trying to Beat Her to the Airport', The Weeknd Fires Back at Rolling Stone Report Claiming 'The Idol' Is in Turmoil: 'Did We Upset You? Hiking up ticket prices behavior. `` ) ticket sales in the third quarter of 2021 for. Up at the event is strong with early signs pointing to continued growth in 2023 across businesses. Is increasingly competitive nonetheless, with rivals making aggressive offers to venues our live nation $20 ticket sale 2022 across the and! Or revise any forward-looking statements because of new information, future events or otherwise Apply live nation $20 ticket sale 2022! Quot ; page, choose the order you need help with on the & ;. 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