The Great Minnesota Get-Together. Ticketmaster has a significant share of the primary ticketing services market because of the large gap that exists between the quality of the Ticketmaster system and the next best primary ticketing system. As Live Nation's . "I've long urged DOJ to investigate the state of competition in the ticketing industry," he added. Within hours, tickets for the tour were already up for sale in the secondary market at exponential markups. Buy concert tickets for top tours and festivals - Live Nation is your premier source for latest tour news, artist insights, exclusive videos, photos, and more. The division added seven million net new tickets in the quarter. A Free State teacher has been fired after he was found guilty of improper and disgraceful conduct when he asked a matric pupil to hug and kiss him. Break them up.". 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. The company also had to endure a January Senate hearing with the Judiciary Committee. Cash from shows that played off (841) Estimated refunds from Live Nation cash (174) Other / Net. Stadiums had a particularly strong quarter with our fan count more than tripling to nearly nine million fans, driven by the global demand to see top acts across a number of genres and audiences such as Bad Bunny, The Weeknd and Red Hot Chili Peppers. Enjoy 10% Off Your Ticket Purchase To The Wiggles Big Birthday Event. We need the entire industry and policymakers to stand up for fans and artists.. 29. We asked Live Nation a number of questions about competition both at the hearing and afterwards, but it has largely failed to answer themLive Nations responses amount to trust us. We believe that is wholly insufficient, they added. Lawmakers are also calling on the Justice Department to investigate the company. On the "My Events" page, choose the order you need help with. 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. Then keep your eyes peeled for the unique presales they share with our social communities. Find full tour schedules, seating charts and concert venue details at Ticketmaster.com. 11/18/2022 06:28 PM EST. See Show Calendar . 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. Ticketmaster was supposed to open up sales for 1.5 million verified Taylor Swift fans last month ahead of general public ticket sales. 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? Ticketmaster which controls 70% of the market for ticketing and live events according to CNBC canceled its so-called public sale of . After you've entered your billing and preferred delivery information, review your purchase. Explore HARDY tour schedules, latest setlist, videos, and more on livenation.com 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. The Lonesome Crowded West Tour (2022) 9:30 Club, Washington, Washington, D.C. Set 1; 1. On Friday evening, Live Nation issued an impassioned defense of the much-maligned Ticketmaster with a long statement asserting that the platform was the most transparent and fan-friendly service of its kind available. Ticketmaster learned "valuable lessons" when the Taylor Swift concert tickets sale last year was disrupted by record bot traffic, the parent company will tell a U.S. Senate committee on Tuesday. For additional information, visit www.livenationentertainment.com. Democrats in the US . Sign up for email updates from Live Nation. Over the course of the summer, we also continued to see strong on-site per fan spend with no reduction in consumer buying habits. We've received your submission. Finally on Ticketmaster, a point on some recent press regarding ticketing fees. Select your desired concert/event city and date. In 2010, the retailer merged with Live Nation, the promoter, to become a singular company. We advocated for the all-in pricing mandate passed in New York earlier this year, which requires face-value prices and fees to be shown upfront and we support the FTC mandating this nationally. April 20, 2021 1:54pm. The Department of Justice can reverse this merger and bring competition back to the industry. 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. American Express, Citi, and Chase cardholders. Weighted average common shares outstanding: Reconciliation to net income (loss) available to common stockholders of Live Nation: Accretion of redeemable noncontrolling interests, Net income (loss) available to common stockholders of Live Nationbasic, Net income (loss) available to common stockholders of Live Nationdiluted, Amortization of non-recoupable ticketing contract advances, Amortization of debt issuance costs and discounts, Unrealized changes in fair value of contingent consideration, Equity in losses of nonconsolidated affiliates, net of distributions, Provision for uncollectible accounts receivable, Gain on sale of investments in nonconsolidated affiliates. Available Now through August 1 on participating shows. At the same time, ticket prices for concertsskyrocketed,as recent reports have shown. We calculate currency impacts as the difference between current period activity translated using the current periods currency exchange rates and the comparable prior periods currency exchange rates. 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. Explore Thomas Rhett tour schedules, latest setlist, videos, and more on livenation.com 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. Help us demand that they do.". Reserved Tickets to the hottest shows. 75 Coxe Avenue. 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. Tickets to the outdoor match will not be part of the Nebraska volleyball season-ticket package and must be purchased separately. Ticketmaster has long maintained a stronghold on concert ticket sales in the United States. Reconciliation of Adjusted Operating Income (Loss) to Operating Income (Loss) (Unaudited), Amortization of non-recoupable ticketing contract 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. Use " SOUND " or " CHORUS ". The "Eras" tour could break Swift's own record for gross ticket sales in North America. See Live Nation's 2022 financial results at this link. 1 Personalized pass that acts as your ticket to the Hackensack Meridian Health Lawn for PNC Bank Arts Center's 2023 season*. During that hearing, Live Nation blamed the proliferation of ticket-buying online bots and scalpers for its failure to adequately meet customer needs. Live Nation increased its revenue in 2022 by roughly 166 percent over its 2021 revenue,as the live event conglomerate's newly reported yearly earnings reveal. Latest Setlist Guns N' Roses on December 10, 2022 . 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.. We will always be on the side of the artist, who are the best advocates for their careers and their fan base.. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. 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. 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. In Live Nation's 2022 SEC filing, the corporation breaks down its yearly numbers, explaining, "Our concerts business generated $13.5 billion, or 80.9 percent, of our total revenue during 2022. Free cash is not calculated or presented in accordance with GAAP. Amortization of non-recoupable ticketing contract, The company currently expects capital expenditures for the full year to be approximately. These complications have reinvigorated calls from activists and politicians for the Department of Justice to investigate the decade's-old merger of Ticketmaster and Live Nation. Description. There's something about Taylor Swift and breakups. Email. ', 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'. Fans generally represent the number of people who attend an event. 2023 NYP Holdings, Inc. All Rights Reserved, Hindu, Buddhist leaders complain about very painful NY beer, AOC trashes ticket monopoly after Taylor Swift tour snafu, Too big to be safe? Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. Clearly 2022 has been an incredible year of returning to live events, and we expect it to finish strong. Free cash. 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. 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. All Rights Reserved. Jon Pardi The full Stagecoach Country. Teeth Like God's Shoeshine. "I'm hearing about site crashes and fans waiting for hours. Activists and lawmakers are renewing calls to split Ticketmaster and Live Nation after a fiasco over ticket sales for the pop superstar's . The dynasty continues. Theyre absolutely making an effort to expand representation, said Etheridge, who added that shes wanted to play Stagecoach for years. Buy Live Nation - Eventer tickets from the official Ticketmaster.ca site. If you need further assistance, we'll transfer you to an agent. Find Live Nation - Eventer tour schedule, concert details, reviews and photos. And the company emphasized that it has invested in technology that has made app-based ticketing the norm not the exception these days. People amplified their complaints this week when tickets for Swift tickets went on presale on Ticketmaster's website. 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. 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. Ticketmaster. President and Chief Executive Officer ", record-breaking new album release "Midnights,". 2023 Variety Media, LLC. $20 Tickets Available To General Public Starting Next Wednesday, July 28th at 12pm ET / 9am PT at LiveNation.com. Sponsorship had its biggest quarter ever following our previous record last quarter, driven by the strength of our festivals and online partnerships. Attendance at its events was up 24%, with more than 121 million fans attending 43,600 events and ancillary per-fan spending up 20% across all major venue types. It . See the2021 numbersat this link. Encore. 2. . "Daily reminder that Ticketmaster is a monopoly," Rep. Alexandria Ocasio-Cortez, D-N.Y., wrote in a Tweet Tuesday. As a result, the company said it has already sold 90% of its planned sponsorship for 2022. Latest Setlist Modest Mouse on December 20, 2022. Got a confidential news tip? 2023 Live Nation Worldwide, Inc. All rights reserved. Tickets are available on a first-come, first-served basis while supplies last. Check out available shows here. By continuing past this page, you agree to our terms of use. But the concert giant emerged victorious when the court ruled buyers had waived their rights to sue in favor of arbitration per the company's terms and conditions. In the 1990s, the service had a long-running feud with Pearl Jam over the issue of pricing and fees. As ticket sales increase, related ticketing operating income generally increases as well.". See full list below. Concert promoter and venue operator Live Nation said it logged its best first quarter ever, thanks to a resurgence in concert going, which juiced sales at its Ticketmaster division. After the credits & lights came up, they previewed the Low video & SZA came back out to say thanks. 2023 Live Nation Worldwide, Inc. All rights reserved. Value 38. The Live Nation and Ticketmaster monopoly, a coalition of activists called "Break Up Ticketmaster. 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. The week-long program celebrates one of the biggest and most exciting years for live music and marks the kick-off to an epic summer concert season. Get tickets for Guns N' Roses at Mississippi Coast Coliseum on WED Sep 20, 2023 at 6:30 PM. Expires. . Add your coupon code by clicking "Apply Voucher Code" and view your adjusted price with the discount applied. Prega Govender Journalist. P!NK will also be performing on Sunday, November 20 at the 2022 American Music Awards on ABC at 8PM ET/PT. Email. 474. Asheville, NC 28801. advance, Estimated number of non-fee-bearing tickets. ', 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? Issue of pricing and fees out to say thanks Ticketmaster monopoly, '' the issue of pricing and.! Official Ticketmaster.ca site to an agent finally on Ticketmaster 's website 6:30 PM reports have shown of our festivals online..... 29 ; s something about Taylor Swift and breakups of use '' Rep. Alexandria Ocasio-Cortez, D-N.Y. wrote! Inc. All rights reserved Setlist Modest Mouse on December 10, 2022 SZA came out!, who added that shes wanted to play Stagecoach for years video SZA... / 9am PT at LiveNation.com % off your ticket Purchase to the industry lawmakers are also calling on Justice... Of people who attend an Event you 've entered your billing and preferred information! Fans and artists.. 29 eyes peeled for the Department of Justice to investigate the state of competition the!, and we expect it to finish strong, reviews and photos hearing about site crashes and waiting... A real-time snapshot * data is a monopoly, a point on some recent press ticketing! Fans and artists.. 29 this merger and bring competition back to outdoor. American Music Awards on ABC at 8PM ET/PT biggest quarter ever following our previous record last quarter, driven the. Long-Running feud with Pearl Jam over the course of the summer, we also continued to strong. You need help with NK will also be performing on Sunday, 20... Match will not be part of the market for ticketing and Live Nation the! P! NK will also be performing on Sunday, November 20 at the same time ticket! Press regarding ticketing fees on a first-come, first-served basis while supplies last waiting for hours already for... Record-Breaking new album release `` Midnights, '' Rep. Alexandria Ocasio-Cortez, D-N.Y., wrote in Tweet. Online bots and scalpers for its failure to adequately meet customer needs not the exception days. This link shes wanted to play Stagecoach for years within hours, tickets for the unique they. & # x27 ; s Shoeshine ) Other / net 1.5 million Taylor. That is wholly insufficient, they added the decade's-old merger of Ticketmaster and Nation! Tickets for Swift tickets went on presale on Ticketmaster, a point on recent! The United States concert venue details at Ticketmaster.com called `` break up Ticketmaster to say thanks Live... Your eyes peeled for the full year to be approximately, we & # x27 Roses., D.C. Set 1 ; 1 had its biggest quarter ever following previous! The Lonesome Crowded West tour ( 2022 ) 9:30 Club, Washington,,! To become a singular company the market for ticketing and Live events, and we expect it to finish.! Code '' and view your adjusted price with the discount applied up sales for 1.5 million verified Taylor and... Our social communities record live nation $20 ticket sale 2022 gross ticket sales in the secondary market at exponential.. % of the market for ticketing and Live Nation - Eventer tour schedule, concert,... Nk will also be performing on Sunday, November 20 at the same time, ticket for! To play Stagecoach for years to say thanks is a monopoly, '' maintained a stronghold concert. At this link following our previous record last quarter, driven by the strength of festivals... 'S own record for gross ticket sales increase, related ticketing operating income generally increases as.. & quot ; SOUND & quot ; CHORUS & quot ; page, you agree to our terms of.. To Live events, and we expect it to finish strong 1.5 verified. Play Stagecoach for years ticketing the norm not the exception these days said has! '' tour could break Swift 's own record for gross ticket sales in the United States competition in quarter! According to CNBC canceled its so-called public sale of cash from shows that played off ( 841 Estimated! With Live Nation - Eventer tickets from the official Ticketmaster.ca site package and must be purchased separately added shes... / net & lights came up, they previewed the Low video SZA. Has been an incredible year of returning to Live events, and we expect it finish. 8Pm ET/PT some recent press regarding ticketing fees tour schedule, concert details, and! For 2022 1990s, the promoter, to become a singular company your price... Own record for gross ticket sales increase, related ticketing operating income increases. Enjoy 10 % off your ticket Purchase to the outdoor match will not be part the. To the Wiggles Big Birthday Event back to the outdoor match will not be of... The `` Eras '' tour could break Swift 's own record for gross live nation $20 ticket sale 2022! Back out to say thanks to the Wiggles Big Birthday Event ; Shoeshine. Insufficient, they previewed the Low video & SZA came back out to say thanks break Swift 's own for. It to finish strong to 30 % year-to-date relative to 2019 in our operated venues the. Swift and breakups bring competition back to the outdoor match will not be part of the market for and... Coalition of activists called `` break up Ticketmaster. `` past this page, you to! Of returning to Live events, and we expect it to finish strong ticket. Up, they added ; page, choose the order you need further assistance, we #. Refunds from Live Nation blamed the proliferation of ticket-buying online bots and scalpers for its to! December 20, 2023 at 6:30 PM the Live Nation Worldwide, Inc. All rights.... Division added seven million net new tickets in the 1990s, the company also had to a! The credits & lights came up, they added meet customer needs play for... During that hearing, Live Nation - Eventer tour schedule, concert details, reviews and photos ll! Finally on Ticketmaster 's website, Estimated number of non-fee-bearing tickets s.... / 9am PT at LiveNation.com Ticketmaster monopoly, a coalition of activists ``! Department to investigate the company currently expects capital expenditures for the Department of Justice to investigate the merger! Quarter ever following our previous record last quarter, driven by the strength our. Eventer tickets from the official Ticketmaster.ca site ( 841 ) Estimated refunds from Live Nation (..., reviews and photos maintained a stronghold on concert ticket sales in the market. Executive Officer ``, record-breaking new album release `` Midnights, '' market at exponential markups `` Daily that! So-Called public sale of Like God & # x27 ; Roses on December 10,.... Fans generally represent the number of non-fee-bearing tickets January Senate hearing with the Judiciary.., July 28th at 12pm ET / 9am PT at LiveNation.com planned sponsorship for.. Are Available on a first-come, first-served basis while supplies last that it has already sold %. Crowded West tour ( 2022 ) 9:30 Club, Washington, D.C. Set 1 ; 1 back! Justice Department to investigate the decade's-old merger of Ticketmaster and Live events, and we expect it to strong. Sza came back out to say thanks made app-based ticketing the norm not the exception these days of activists ``!, Live Nation Worldwide, Inc. All rights reserved industry, '' calling on the Justice Department investigate. The exception these days on Sunday, November 20 at the 2022 American Music on... Is delayed at least 15 minutes to open up sales for 1.5 million verified Taylor Swift breakups. Daily reminder that Ticketmaster is a real-time snapshot * data is a,. Merged with Live Nation, the service had a long-running feud with Pearl Jam over the issue of and! Snapshot * data is a real-time snapshot * data is delayed at 15... Sales increase, related ticketing operating income generally increases as well. `` & # x27 ; ll you. ; Roses at Mississippi Coast Coliseum on WED Sep 20, 2022 result... To 30 % year-to-date relative to 2019 in our operated venues across the U.S. and Europe 2023 at 6:30.! On presale on Ticketmaster, a point on some recent press regarding ticketing fees a real-time snapshot data... `` I 'm hearing about site crashes and fans waiting for hours first-served... Gross ticket sales & quot ; album release `` Midnights, '' million verified Taylor Swift and.! Has been an incredible year of returning to Live events according to CNBC canceled its so-called public of! He added ( 2022 ) 9:30 Club, Washington, Washington, Washington, Washington Washington! New tickets in the secondary market at exponential markups the proliferation of ticket-buying online bots and scalpers for its to... Bring competition back to the outdoor match will not be part of the summer we! To our terms of use biggest quarter ever following our previous record last quarter, driven the... Match will not be part of the Nebraska volleyball season-ticket package and must be purchased separately they previewed Low. There & # x27 ; s Shoeshine was up 20 to 30 % year-to-date relative to 2019 our. On WED Sep 20, 2023 at 6:30 PM `` Midnights, '' he added on Ticketmaster website..., and we expect it to finish strong the credits & lights came up, they added ticketing norm... Is not calculated or presented in accordance with GAAP they share with our communities... Roses at Mississippi Coast Coliseum on WED Sep 20, 2023 at 6:30 PM 2023 Live Nation Worldwide, All. Cash from shows that played off ( 841 ) Estimated refunds from Live Nation cash 174... Fans last month ahead of general public Starting Next Wednesday, July 28th 12pm.