Live Nation have today released their first quarter report for 2019 and let's just say, a lot of people have attended one of their shows this year.
Looking at worldwide figures, nearly 15 million people have attended a Live Nation concert in the first part of 2019. Of that number, 8,915,000 attendees were in North America, with the remaining 5,955,000 attendees from Live Nations other international sectors, including Australia and New Zealand.
These figures represent a 22% growth in concert attendees on the same quarter last year, while the report also details a 17% increase in revenue for the quarter ($1.7 billion).
"We are pleased with our first quarter results as a start to what we expect to be another year of growth in 2019," said Live Nation Entertainment president & chief executive officer Michael Rapino.
"All of our key indicators speak to continued strong consumer demand for our concerts — our attendance growth in the first quarter, acceptance of market pricing, and solid sales for upcoming shows."
"As a result, we expect an acceleration of our growth in the second quarter, with overall operating income and AOI increasing in the high teens and each segment to deliver double-digit operating income and AOI growth for the quarter."
Live Nation's Australian arm has started 2019 strong with tours from the likes of Red Hot Chili Peppers, John Mayer, IDLES, Bring Me The Horizon, Post Malone and more.
Fleetwood Mac, Childish Gambino, Metallica and more will all kick off Australian tours with Live Nation this year. Find out more about the report here.
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