Name | Value |
---|---|
Revenues | 8,152.0M |
Cost of Revenue | 6,330.5M |
Gross Profit | 1,821.6M |
Operating Expense | 1,204.6M |
Operating I/L | 618.5M |
Other Income/Expense | -22.0M |
Interest Income | 78.1M |
Pretax | 596.6M |
Income Tax Expense | 55.9M |
Net Income/Loss | 483.5M |
Live Nation Entertainment, Inc. is a live entertainment company that generates revenue through its Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events, operates music venues, and produces music festivals. The Ticketing segment manages ticketing operations and sells tickets for its events and third-party clients. The Sponsorship & Advertising segment sells sponsorships and advertising placements across its distribution network of venues, events, and websites. The company owns, operates, or leases numerous entertainment venues in North America and internationally, making it a key player in the live entertainment industry.