NEWS
Beyoncé and Taylor Swift need to host a ginormous fundraising concert to mobilize their fans in support of Kamala and it’s GAME OVER.
the parent company of Ticketmaster, said Thursday that concert attendance hit a record in the third quarter, boosting revenue by 32% to $8.2 billion in the period.
“While we have benefitted from tailwinds for many years, it has accelerated due to the globalization of our business along with a fundamental shift in consumer spending habits toward experiences,” Michael Rapino, president and CEO of Live Nation, said in the company’s third quarter earnings release.Renaissance tour. But Rapino said the momentum is not expected to slow down.
“No one tour will ever hurt us year over year. It’s about our macro portfolio of artists and tours, and we have a very good [pipeline] for next year,” he said, adding that “we’re looking at double-digit growth over this year and next year on ticket sales.”
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