Christopher BarrettLive Nation Entertainment CEO Michael Rapino (pictured) said the dominant global concert promoter and ticketing giant has more stadium shows booked this year than ever before.
LNE said it had already sold 65 million tickets for concerts in 2025, led by a 60% year-on-year increase in the stadium show pipeline.
It reported a 2% rise in total revenue in 2024 to a record €23.16 billion, operating income of $825 million, with adjusted operating income (AOI) up 14% to $2.15bn. Concert revenue was up 2% year-on-year to $19.03bn, while sponsorship and advertising increased by 9% to $1.19bn. Concert attendance was up 4%, with a combined attendance of 151m across 50,000 LNE events.
The Ticketmaster owner reported flat financials for ticketing in 2024, with revenue up 1% to $2.99bn but at a constant currency comparison it was a flat performance. However, LNE said Ticketmaster enjoyed a record Q4 with revenue of $841m, up 14% year-on-year.
LNE’s financial report led to its stock price closing last night, 20 February, at $152.3, up 8.6% in the last thee months, and up 62.9% overall in the last 12 months. Its stock price then fell in after hours trading.
“2024 was live music’s biggest year yet, as artists toured the world and fans turned out in record numbers,” said Rapino. “2025 is shaping up to be even bigger thanks to a deep global concert pipeline, with more stadium shows on the books than ever before. To help artists perform to fans everywhere, we remain focused on building new music-centric venues, which make more live music memories possible and help drive our double-digit operating income and AOI growth in 2025, and compound at this level for years to come. At the same time, we’re investing back into the industry for those who create the music, as our investments in artists have more than doubled in the last five years, and we will continue to find new ways to support them while enhancing the fan experience.”