Live Nation Entertainment

For the event promoting subsidiary, see Live Nation (events promoter).
Live Nation Entertainment, Inc.
FormerlyLive Nation, Inc.
Company typePublic
IndustryEntertainment
FoundedJanuary 25, 2010; 14 years ago (2010-01-25)
Headquarters
Beverly Hills, California
,
United States
Area served
Worldwide
Key people
ProductsTicketing technology
Services
RevenueIncrease US$22.7 billion (2023)
Increase US$1.07 billion (2023)
Increase US$734 million (2023)
Total assetsIncrease US$19.1 billion (2023)
Total equityNegative increase US$–17 million (2023)
Number of employees
14,700 (2023)
Subsidiaries
Websitelivenationentertainment.com
Footnotes / references
[1][2]

Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It promotes, operates and manages ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.

The company has faced widespread criticism over its central role in the consolidation of the live events industry, allegations that it proactively engages in anti-competitive practices, poor handling of the ticket sale process for highly popular events, and injuries and deaths that have occurred at many of its events.

As of early 2023, Live Nation's annual shareholders report says the company has controlling interests in 338 venues globally and believes itself to be "the largest live entertainment company in the world," "the largest producer of live music concerts in the world," "the world’s leading live entertainment ticketing sales and marketing company," and "one of" the world's biggest artist management companies and music advertising networks for corporate brands.[3]

In May 2024, the Justice Department and a coalition of states sued to break up Live Nation over antitrust violations.[4]

  1. ^ "2023 Form 10-K, Live Nation Entertainment, Inc". U.S. Securities and Exchange Commission. 23 February 2024.
  2. ^ "Live Nation Entertainment, Inc. 2022 Proxy statement". Retrieved 2022-07-02.
  3. ^ "Live Nation Annual Report 2022" (PDF). Live Nation. p. 2. Retrieved 29 September 2023.
  4. ^ Whitten, Ece Yildirim,Sarah (2024-05-23). "Justice Department sues to break up Live Nation, parent of Ticketmaster". CNBC. Retrieved 2024-05-23.{{cite web}}: CS1 maint: multiple names: authors list (link)