Live Nation achieved record-breaking revenues of $23.16 billion in 2024, with fourth-quarter revenue reaching $5.68 billion, surpassing analyst estimates. The company's stock price closed at $152.32, showing significant growth of 62.93% over the past 12 months.

Key Financial Highlights:

• Operating income: $825 million
• Adjusted operating cash flow: $2.15 billion
• Concert adjusted operating income: Up 65% to $530 million
• Sponsorship adjusted operating income: Up 13% to $764 million

Operational Achievements:

• 151 million fans attended over 50,000 events (4% increase)
• Total event count up 9%
• 60 million fans attended Live Nation-operated venues
• Premium offering revenue in amphitheaters up 20%

2025 Outlook:

• Stadium shows pipeline up 60% through mid-February
• 65 million tickets already sold for 2025 concerts
• Ticketmaster volume up 3% to 106 million tickets
• US stadium and arena tours showing 75%+ first-week sales
• Artists touring in 2025 showing double-digit growth in tickets and revenue per show

CEO Michael Rapino stated, "2024 was live music's biggest year yet, as artists toured the world and fans turned out in record numbers. 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."

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