Live Nation Company profile
About Live Nation Entertainment, Inc.
Live Nation Entertainment, Inc. is a live entertainment company that is engaged in the business of the promotion of live events. The Company’s segments include Concerts, Ticketing and Sponsorship & Advertising. The Concerts segment involves the promotion of live music events globally and its owned & operated venues and rented third-party venues. The Ticketing segment involves the management of global ticketing operations, including providing ticketing software and services to clients, and consumers with a marketplace, online and mobile, for tickets and event information through its Website, www.ticketmaster.com. The Sponsorship & Advertising segment manages the development of strategic sponsorship programs in addition to the sale of international, national and local sponsorships and placement of advertising, such as signage, promotional programs and rich media offerings.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Live Nation Entertainment, Inc. revenues increased from $1.86B to $6.27B. Net loss applicable to common stockholders decreased 61% to $670.7M. Revenues reflect Concerts segment increase from $1.47B to $4.72B, Ticketing segment increase from $188.4M to $1.13B, Sponsorship & Advertising segment increase from $203.7M to $411.9M, Total Domestic Operations segment increase from $1.19B to $5.06B.
Equity composition
Common Stock $.01 Par, 4/11, 450M auth., 182,597,645 issd., less 738,462 shs. in Treas.@ cost. Insiders control 23.71% .12/05, Name changed from CCE Spinco, Inc.