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Live Nation Reports Revenues Rise
August 1, 2014 at 8:02 AM (PT)
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LIVE NATION ENTERTAINMENT has released financial results for the three and six months ended JUNE 30, 2014.
Highlights (year over year):
- Revenue for the Six Months Up 7% with Growth Across All Businesses
- AOI for the Six Months Up 6% to $225 Million
- Operating Income in the First Half Up 27% Excluding Higher 2013 Gain on Disposal; Down 33% on a Reported Basis
- Free Cash Flow for the Six Months of $110 Million
- Concert Ticket Sales Up 3% Through JULY
- Mobile Ticket Sales Up Nearly 40%; 17% of Tickets Purchased on Mobile Platforms in First Half
- Ticketmaster Resale Up 30% for First Half
- Contracted Sponsorship Revenue Up 11% Through JULY

