Live Nation delivered accelerated growth in the second quarter, with revenue up 23%, operating income up 76%, adjusted operating income (AOI) up 28%, and free cash flow up 22%.
Each of its core divisions – concerts, advertising and ticketing – contributed to the performance, with revenue and AOI up double digits in each business.
Through mid-July the company sold more than 50 million tickets for concerts that take place this year, 17% ahead of this point last year.
Source: www.musicweek.com
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