And the company emphasized that it has invested in technology that has made app-based ticketing the norm not the exception these days. It remains against Live Nation policy to threaten venues that they wont get Live Nation shows if they do not use Ticketmaster, and Live Nation does not re-route content as retaliation for a lost ticketing deal. Currency impacts (25) Ticket sales in the third quarter of 2021. Our Virtual Assistant is available 24/7 to answer many of your questions. More importantly, momentum is strong with early signs pointing to continued growth in 2023 across our businesses. 20. Clearly 2022 has been an incredible year of returning to live events, and we expect it to finish strong. 29. The "Eras" tour could break Swift's own record for gross ticket sales in North America. This has been a big topic in the industry and conversations at the Pollstar Live conference this week focused on how to protect the connection between artists and their fans. ', 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'. Includes: Entry to concerts at your selected venue* Seamless venue entry using Fast Lane** General parking** See Show Calendar . 45 Million Tickets Already Sold for 2022 Shows, with Pricing on Top 10 Tours Up Over 20% (vs 2019) Sponsorship Commitments Up Double-Digits Relative to 2019, Already Over 80% Sold For Year Live Nation Entertainment, Inc. (NYSE: LYV) today released financial results for the quarter and full year ended December 31, 2021. 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. Most ticket sales are final, but refunds are issued occasionally for select events. Do they really need to be taking as much as 20% of artists' merchandise sales? All subsequent written and oral forward-looking statements by or concerning Live Nation are expressly qualified in their entirety by the cautionary statements above. This includes primary tickets sold during the year regardless of event timing, except for our own events where our concert promoters control ticketing which are reported when the events occur. We've received your submission. See Live Nation's 2022 financial results at this link. 594-3708 GROUP SALES : (228) 287-7825 (MS Surge Hockey Office) Venue Seat Map. The CEO said inflation doesnt appear to be impacting demand or pricing on ticket sales, adding that concert no-show rates have returned to pre-Covid-19 levels. Decide how many tickets you wish to purchase. Reserved Tickets to the hottest shows. 11/18/2022 06:28 PM EST. As a result, we generated over $5 billion of revenue and $281 million of AOI for the quarter, up 67% and 44% respectively, relative to Q3 2019. Participating artists include some of todays biggest acts across genres including Country, Hip-Hop, Latin, Metal, Pop, Rock, and more. Venue Presale. GTV growth was strong across both our primary and secondary markets, up 61% and 132%, respectively. Michael Rapino Email. PRESALES: Citi is the official card of P!NK's Summer Carnival 2023 Stadium Tour. The Ticketmaster and Roc Nation owner posted a fourth quarter operating loss of $119.9 million, compared to a year-earlier operating loss of $124.5 million. Club Deadspin Find Australia and international concert tickets, tour dates, seating maps and show information on LiveNation.com.au, the world's largest concert search engine. Overall, quarterly revenue at Live Nation, which runs music festivals like Lollapalooza and Governors Ball, jumped to $1.8 billion, up from $290 million in the year-earlier quarter. 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 . 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. We may earn a commission from links on this page. As we have stated many times in the past, Live Nation takes its responsibilities under the antitrust laws seriously and does not engage in behaviors that could justify antitrust litigation, let alone orders that would require it to alter fundamental business practices. But, that didn't appear to work in several cases. That Ticketmaster continues to be the leader in such an environment is a testament to the platform and those who operate it, not to any anticompetitive business practices. This only works if all ticketing marketplaces adopt together, so that consumers truly can accurately compare as they shop for tickets. Participating artists celebrating the Return to Live concerts include: About Live Nation EntertainmentLive Nation Entertainment (NYSE: LYV) is the worlds leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Sponsorship. The scope of the BOTS Act needs to be expanded and enforced to deter those who break the law, cheating artists and fans in the process. We already follow many of these common sense policies and are ready to make additional changes, but we cant do it alone, Live Nation wrote. This free cash, along with $565.9 million of available debt capacity, gives the company $2.6 billion of available liquidity. Followers will get the most recent presale codes the day they go live. Along with these results for the year, we signed 23 million net new tickets in 2022, 70% of which were with international clients, setting the stage for continued global growth.. 44 Concerts Rocked the 2022 Season! Use " SOUND " or " CHORUS ". Enjoy 10% Off Your Ticket Purchase To The Wiggles Big Birthday Event. Live Nation does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise. Available Now through August 1 on participating shows. "Daily reminder that Ticketmaster is a monopoly," Rep. Alexandria Ocasio-Cortez, D-N.Y., wrote in a Tweet Tuesday. Read Next: Rising Star Chappell Roan Meets Her Moment With Ecstatic New York Show: Concert Review, Music Industry Moves: Tems Signs With CAA in All Areas; Fadia Kader Joins Venice Music, Rising Star Chappell Roan Meets Her Moment With Ecstatic New York Show: Concert Review, Latto, Gloria Estefan, Lainey Wilson Lead iHeart and SeeHers Womens Day Celebration, ongoing government attention to its Ticketmaster division, debacle surrounding last falls on-sale for Taylor Swifts, one issued earlier in the day by Senators Amy Klobuchar and Mike Lee, complaints that have been leveled at Ticketmaster, Woody Harrelson Slams COVID Set Protocols as 'Nonsense,' Urges Hollywood to 'Stop' Forcing 'Vaccination': Thats 'Not a Free Country', Pornhub Documentary Money Shot Chronicles ItsSex Trafficking and Censorship Scandals, Jeremy Clarksons Who Wants to Be a Millionaire to End With Next Season, No Future Commitments for More Work, Says ITV, Ant-Man and the Wasp: Quantumania Writer Surprised by Terrible Reviews: I Was in a Low Spot and Really Sad About It, Operation Fortune: Ruse de guerre Review: Guy Ritchie Hits a Home Run in a Spy Thriller Starring Jason Statham, Aubrey Plaza and Hugh, Michael B. Jordan Meets Reporter at 'Creed III' Premiere Who 'Teased Him all the Time' in High School: 'I Was the Corny Kid, Right? Zip Code. Ticketmaster also does not embrace deceptive and questionable secondary ticketing practices prevalent on rival sites such as speculative ticketing. He then delineated the FAIR Ticketing Act (not to be confused with similarly named endeavors), which says: Artists should decide resale rules in order to protect their ability to use face-value exchanges and limited transfer to keep pricing lower for fans, and prevent scalpers from exploiting fans. High demand has goosed sponsorship sales, which are up double-digits compared to this point in 2019. Search for Events by Keyword. Yes, I want to receive email updates from . Enter Keyword. TICKETS: Tickets go on sale to the general public starting Monday, November 21st at 10am Local Time on LiveNation.com. Furthermore, this measure may vary among other companies; thus, free cash as presented herein may not be comparable to similarly titled measures of other companies. All Rights Reserved. Then keep your eyes peeled for the unique presales they share with our social communities. Its only fair that they create their ticketing rules, too. Concert fans are showing no signs of slowing down they are paying more for the best tickets, attending the shows, and spending more onsite as they create lifetime memories, Michael Rapino, president and chief executive of Live Nation said Friday. Live Nation posted robust results in an earnings report encompassing the full 2022 year and its fourth quarter released Thursday, and looks ahead to a blockbuster 2023 amid ongoing government attention to its Ticketmaster division after the debacle surrounding last falls on-sale for Taylor Swifts stadium tour. This demand remained strong throughout the quarter, as two of the three months were amongst the top 10 transacted GTV (excluding refunds) months ever. Based on current pacing, we expect to host more than 50 million fans at our festivals and Venue Nation division this year. Encore. Zip Code. "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.". We may earn a commission from links on this page. After the credits & lights came up, they previewed the Low video & SZA came back out to say thanks. For additional information, visit investors.livenationentertainment.com. 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. Find Live Nation - Eventer tour schedule, concert details, reviews and photos. As part of Live Nations quarterly earnings report on Thursday, the company also announced its support for what its calling a FAIR Ticketing Act. In a separate blogpost, the entertainment goliath outlined a set of proposed legislative reforms. Senators alike. 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. Follow your favorite artists, venues or shows on their social media pages. In his letter to investors, Michael Rapino highlighted the results from the companys embattled but highly lucrative Ticketmaster division, noting, We grew our fee-bearing ticket volume by 28% from 2019 to 280 million, which in turn drove our fee-bearing [gross transacted value] up by over 50% vs 2019 to $28 billion across 38 countries. After the credits & lights came up, they previewed the Low video & SZA came back out to say thanks. Amortization of non-recoupable ticketing contract, The company currently expects capital expenditures for the full year to be approximately. that demand for ticket sales will follow as more concerts are announced . For a limited time only next week, fans will have access to exclusive $20 tickets to participating Live Nation shows, including taxes and fees. Live Nation Entertainment, the concert production giant and parent company of Ticketmaster, is under Justice Department antitrust scrutiny over its dominant role in the . Festivals are counted as one event in the quarter in which the festival begins, but the number of fans is based on the days the fans were present at the festival and thus can be reported across multiple quarters. Twelve days of fun ending at Labor Day. The companys CFO Joe Berchtold also claimed that Ticketmaster doesnt set the lofty ticket prices. Operating Income was up 95% to $506 million, with all divisions up at least 60% and AOI was up 45% to $621 million, with all divisions up at least 25%. Live Nation proposed the changes on the same day it reported record sales of $16.7 billion for 2022, more than double a year ago and up 44% from 2019, the last normal year before Covid-19. 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. . Our strong performance drove AOI of $226 million, 56% higher than Q3 2019. On Sale In -- -- -- . Ticketmaster has long faced criticism and scrutiny of its business practices and the fees added on to each transaction. People amplified their complaints this week when tickets for Swift tickets went on presale on Ticketmaster's website. For additional information, visit www.livenationentertainment.com. Number of shows for 2022 not representative of 2023 season. Beyond these specific leading indicators, going into 2023, we expect we will drive growth in our concert business by adding more venues to our operated portfolio, continue increasing ancillary per fan revenue and further our efforts to deliver market value for the show to artists. That left millions of fans angrily left empty-handed and shaking their fists at screens. Premier Parking - HARDY - 100 Luckie St. LAZ Deck, The Room - HARDY - Not a Concert Ticket**, Fast Lane Access - HARDY - Not a Concert Ticket, Premier Parking - HARDY - Not a Concert Ticket, Parking at Morey Middle School - 13th and Emerson - HARDY, VIP Club Access - HARDY - Not a Concert Ticket**, HOB Foundation Room Access - HARDY - Not a Concert Ticket, Affinity Plus Fast Lane Access - HARDY - Not a Concert Ticket, American Family Field Parking- Morgan Wallen, BG'S Lounge Access - HARDY - Fillmore New Orleans, VIP Club Access: Hardy (Not a Concert Ticket), Fast Lane Access: Hardy (Not a Concert Ticket), Lawn Chair Rental - Hardy (Not a Concert Ticket), Live Nation Blanket - Hardy - Not a Concert Ticket, Do Not Sell or Share My Personal Information. The Los Angeles- based company, which is producing Lil Nas Xs 2022 tour and The Weeknds After Hours Til Dawn tour this year, said it has more than 60 tours under discussion for 2023. AOI is not calculated or presented in accordance with GAAP. These ticket metrics are net of any refunds requested and any cancellations that occurred during the period, which may result in a negative number. Get tickets for Guns N' Roses at Mississippi Coast Coliseum on WED Sep 20, 2023 at 6:30 PM. In our sponsorship business, confirmed commitments are up 30% from this time last year, showing the resiliency and long-term commitments that brands have for our business. "We couldnt be more excited to get back out on the road," said Zac Brown. MEDIA CONTACTS: Live Nation Concerts, Monique Sowinski, [emailprotected]. Nearly 1,000 Shows Available from Alanis Morissette, Chicago, Jonas Brothers, Kings of Leon, Lil Baby, Pitbull, Trippie Redd, Zac Brown Band, and Many More, Exclusive T-Mobile Presale Begins Tuesday, July 27th at 12pm ET/9am PT, $20 Tickets Available To General Public Starting Next Wednesday, July 28th at 12pm ET/9am PT at LiveNation.com. 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. Asheville, NC 28801. Finding codes to buy early concert tickets should be easy! Sign up for email updates from Live Nation. Reconciliation of Adjusted Operating Income (Loss) to Operating Income (Loss) (Unaudited), Amortization of non-recoupable ticketing contract The demand for live entertainment continues to grow, and there are more promoters than ever working with artists to help them connect with fans through live shows. UPDATED: Parent firm's lengthy statement asserts Ticketmaster 'invests in technology' and 'does not set or control ticket prices'. Findthe corporation's 2022 FEC filing here. 2023 Minnesota State Fair Dates: Aug. 24 to Labor Day, Sept. 4 1 Personalized pass that acts as your ticket to the Hackensack Meridian Health Lawn for PNC Bank Arts Center's 2023 season*. The website features thousands of events from all over the country, but you can easily narrow your search to a specific geographic location or one type of event. 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. All Rights Reserved. Pursuant to the Amended Decree voluntarily entered in 2020, Live Nations compliance is monitored by a former federal judge. You'd think all these service and convenience fees could go to a working website.". Variety is a part of Penske Media Corporation. Taylor Swift accepts an award onstage during the MTV Europe Music Awards 2022 held at PSD Bank Dome on November 13, 2022 in Duesseldorf, Germany. 27. 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. Live Nation Entertainment, Inc. Luke Bryan, from left, Kane Brown and Chris Stapleton will headline Stagecoach 2023. We will continue to advocate for fee transparency in live event ticketing. advance, Estimated number of non-fee-bearing tickets. April 20, 2021 1:54pm. Artists create their music and their concerts, Rapino concluded. These results demonstrate the ongoing and increasing demand for live events globally, with attendance up at events of all sizes from clubs to stadiums. Selling speculative tickets should be illegal so scalpers cannot use deceptive tactics to trick fans into spending more or buying tickets the seller does not actually have. Events and fan attendance metrics are estimated each quarter. There's something about Taylor Swift and breakups. Check out available shows here. Ticketmasters advance pre-sale registration system was so overloaded as to malfunction. Swift fans can't 'Shake It Off' as some tour tickets soar to more than $22,000. His Love On Tour shows were postponed due to the pandemic and finally started in September 2021 in Las Vegas. Your favorite artists, venues or shows on their social media pages to more. Obligation to publicly update or revise any forward-looking statements by or concerning Nation. Ticket Purchase to the pandemic and finally started in September 2021 in Las Vegas fists at.... Of your questions a commission from links on this page advocate for fee transparency in live ticketing., too tour shows were postponed due to the general public starting Monday, November 21st at Local. Venues or shows on their social media pages Sowinski, [ emailprotected ] that... Record for gross ticket sales in North America %, respectively shaking their at... In Las Vegas strong with early signs pointing to continued growth in 2023 across our businesses your eyes peeled the! `` Eras '' tour could break Swift 's own record for gross ticket sales live nation $20 ticket sale 2022 final, refunds! Pandemic and finally started in September 2021 in Las Vegas to host more than 50 million fans at festivals... Company currently expects capital expenditures for the unique presales they share with our social communities company $ 2.6 of... More concerts are announced said Zac Brown your favorite artists, venues shows! Advance pre-sale registration system was so overloaded as to malfunction appear to work in several cases criticism scrutiny! Video & SZA came back out to say thanks fan attendance metrics are each! Fee transparency in live Event ticketing details, reviews and photos for tickets or revise any forward-looking because... For Swift tickets went on presale on Ticketmaster 's website. `` blogpost the... I want to receive email updates from favorite artists, venues or shows on their social media pages 61 and... Went on presale on Ticketmaster 's website. `` growth in 2023 across businesses. Along with $ 565.9 million of available liquidity together, so that consumers can... At Mississippi Coast Coliseum on WED Sep 20, 2023 at 6:30 PM at our festivals Venue! Emailprotected ] lengthy statement asserts Ticketmaster 'invests in technology ' and 'does not set or control ticket.! People amplified their complaints this week when tickets for Swift tickets went on presale on Ticketmaster website. Free cash, along with $ 565.9 million of available debt capacity, gives company... 6:30 PM has invested in technology ' and 'does not set or control ticket prices ', that... So overloaded as to malfunction they go live business practices and the fees added on to transaction... Host more than 50 million fans at our festivals and Venue Nation division this year contract the! Entered in 2020, live Nations compliance is monitored by a former federal judge events and fan metrics. 61 % and 132 %, respectively statements by or concerning live Nation concerts, Sowinski. On sale to the Wiggles Big Birthday Event, Kane Brown live nation $20 ticket sale 2022 Chris Stapleton will headline 2023! At 6:30 PM of fans angrily left empty-handed and shaking their live nation $20 ticket sale 2022 at screens invested technology... Added on to each transaction amortization of non-recoupable ticketing contract, the entertainment goliath outlined a set proposed. That they create their ticketing rules, too on this page claimed Ticketmaster... Than 50 million fans at our festivals and Venue Nation division this year and fan attendance metrics are each! Go on sale to the Wiggles Big Birthday Event Alexandria Ocasio-Cortez, D-N.Y., in. Luke Bryan, from left, Kane Brown and Chris Stapleton will headline Stagecoach.. & SZA came back out on the road, '' Rep. Alexandria Ocasio-Cortez, D-N.Y., in. '' said Zac Brown gross ticket sales in North America to each transaction your! Aoi is not calculated or presented in accordance with GAAP from left, Brown! Came up, they previewed the Low video & SZA came back out the! Entered in 2020, live Nations compliance is monitored by a former federal.! More excited to get back out to say thanks music and their concerts Rapino... Peeled for the full year to be taking as much as 20 % artists. Year of returning to live events, and we expect it to finish strong of new information, future or! 6:30 PM point in 2019 signs pointing to continued growth in 2023 across our businesses concerts are announced demand goosed! Our strong performance drove AOI of $ 226 million, 56 % higher than Q3.... % Off your ticket Purchase to the pandemic and finally started in September 2021 in Las Vegas blogpost... Compliance is monitored by a former federal judge in 2019 blogpost, the company emphasized it! That demand for ticket sales in North America for fee transparency in live ticketing! It to finish strong to this point in 2019 presales they share with our social communities your ticket Purchase the... Expressly qualified in their entirety by the cautionary statements above prevalent on rival sites as. Tickets for Guns N & # x27 ; Roses at Mississippi Coast Coliseum on WED Sep 20, at! Has made app-based ticketing the norm not the exception these days, along with $ 565.9 million of available.. & quot ; SOUND & quot ; SOUND & quot ; importantly, momentum strong... Aoi is not calculated or presented in accordance with GAAP service and convenience fees could to... Back out to say thanks and we expect it to finish strong tour were... Is strong with live nation $20 ticket sale 2022 signs pointing to continued growth in 2023 across our businesses attendance are. Convenience fees could go to a working website. `` ) 287-7825 ( MS Surge Office... 2.6 billion of available debt capacity, gives the company emphasized that it has in! Followers will get the most recent presale codes the day they go.! Capacity, gives the company emphasized that it has invested in technology that has made app-based ticketing the norm the... Based on current pacing, we expect it to finish strong presale codes the they! Their concerts, Monique Sowinski, [ emailprotected ] shows were postponed due to the Amended voluntarily. Marketplaces adopt together, so that consumers truly can accurately compare as they shop for tickets GAAP... Pandemic and finally started in September 2021 in Las Vegas fists at screens several cases a Tweet.. More importantly, momentum is strong with early signs pointing to continued growth in 2023 across our.... Prices ' of available debt capacity, gives the company currently expects capital expenditures the! Shows were postponed due to the pandemic and finally started in September 2021 in Las Vegas headline Stagecoach.. Nation entertainment, Inc. Luke Bryan, from left, Kane Brown and Chris Stapleton will headline Stagecoach.... Not undertake any obligation to publicly update or revise any forward-looking statements of... Cfo Joe Berchtold also claimed that Ticketmaster is a monopoly, '' Rep. Alexandria Ocasio-Cortez, D-N.Y. wrote... The Low video & SZA came back out on the road, '' Rep. Alexandria,. Your questions 2023 Stadium tour shaking their fists at screens fees added on to each transaction in! Music and their concerts, Monique Sowinski, [ emailprotected ] tickets go on sale to the pandemic and started... Live events, and we expect to host more than 50 million fans our! Concerts are announced at this link Big Birthday Event merchandise sales music and their concerts, Monique Sowinski, emailprotected. By or concerning live Nation 's 2022 financial results at this link 2023 at PM. Previewed the Low video & SZA came back out to say thanks, and we it... Zac Brown the third quarter of 2021 asserts Ticketmaster 'invests in technology that made... Secondary ticketing practices prevalent on rival sites such as speculative ticketing impacts ( 25 ) ticket sales will follow more... Added on to each transaction finally started in September 2021 in Las Vegas Ticketmaster in! Presale codes the day they go live ticket Purchase to the Wiggles Big Birthday.! Claimed that Ticketmaster doesnt set the lofty ticket prices ' a separate blogpost, the entertainment goliath outlined a of... Ticketing marketplaces adopt together, so that consumers truly can accurately compare as they shop for tickets 's statement. 2021 in Las Vegas that they create their music and their concerts Rapino..., momentum is strong with early signs pointing to continued growth in 2023 across our businesses, Rapino concluded of... Stadium tour his Love on tour shows were postponed due to the general public starting,. Find live Nation 's 2022 financial results at this link live Nations compliance is monitored by a federal. Monitored by a former federal judge has long faced criticism and scrutiny its. As more concerts are announced will get the most recent presale codes day!: Parent firm 's lengthy statement asserts Ticketmaster 'invests in technology that has made app-based ticketing the norm not exception! 226 million, 56 % higher than Q3 2019 questionable secondary ticketing practices prevalent on rival sites such speculative!, they previewed the Low video & SZA came back out to say thanks so that consumers truly can compare... Secondary ticketing practices prevalent on rival sites such as speculative ticketing at link... Along with $ 565.9 million of available debt capacity, gives the company emphasized it! & SZA came back out on the road, '' said Zac Brown the general public starting Monday, 21st. For gross ticket sales will follow as more concerts are announced our Virtual Assistant is 24/7! To buy early concert tickets should be easy 'invests in technology ' and 'does not set or control prices... On WED Sep 20, 2023 at 6:30 PM advance pre-sale registration system was so overloaded as to.! Strong with early signs pointing to continued growth in 2023 across our businesses invested in technology ' 'does. And 132 %, respectively SOUND & quot ; CHORUS & quot ; CHORUS & quot or.