Live Nation Entertainment's revenue from 2006 to 2023
In 2023, the live event specialist Live Nation generated a total of 22.75 billion U.S. dollars in revenue, up significantly from over six billion a year earlier. Of this revenue generated in 2023, over 2.9 billion U.S. dollars came from ticketing revenue and close to 19 billion U.S. dollars was generated through concerts. However, in 2020 the company was not able to generate the same amount of revenue due to the COVID-19 pandemic, which resulted in events and concerts being cancelled.
Unfortunately, the coronavirus pandemic in 2020 quickly impacted Live Nation amidst thousands of event closures or postponements, and the company's share price between February and March 2020 dropped significantly. Today with the world once again exploring live events, the company is, however, on track to return to pre-pandemic condition.