Live Nation publishes financials, sees ‘signs of promise’
Posted on: 6 novembre 2020, by : Stuart Dredge

There are few surprises in the latest quarterly financial results for Live Nation. Revenues were down 95% year-on-year – slashed from $3.77bn in Q3 2019 to just $184m a year later.
The live giant reported an operating loss of $504.4m, compared to an operating profit of 260m a year ago. For the first nine months of 2020, Live Nation’s operating loss is now $1.27bn.
The company tried to find some bright spots: for example the fact that 83% of fans have hung on to tickets for rescheduled shows, rather than request refunds.
The post Live Nation publishes financials, sees ‘signs of promise’ appeared first on Music Ally.
Source: Music ally

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