Live Nation Roared Back in Third Quarter With $2.7B Revenue

With music fans returning to concerts and festivals, and buying concert tickets for a surge of 2022 concerts, Live Nation’s earnings began the long road to recovery in the third quarter. Revenue increased over 13-fold to $2.7 billion from the prior-year period, and adjusted operating income rose from a $319.2 million loss to a $305.7 million gain, according to the company’s earnings report released Thursday (Nov. 4)
Compared to pre-pandemic levels in 2019, however, some of Live Natio