Live Nation Entertainment Investor Relations Material

As the owner of both the event promoter and venue operator Live Nation, and the ticket broker platform Ticketmaster, Live Nation Entertainment is a uniquely positioned entertainment powerhouse. Their offering is, just like Spotify's, two-sided, which means they do basically everything from selling tickets to visitors to arranging and advertising the events for artists. Some of Live Nation’s competitors are Eventbrite and Vivid Seats.

Live events reached record popularity in 2022, and more artists than ever went on the road. For example, 74 individual artists sold over 250k Live Nation tickets, a result of more larger artists going on tour. Compared to 2012, this number is up more than 120 percent. And with an average ticket price of $73, concerts are an affordable experience compared to other events, such as sports, a Disney World visit, or other comparable experiences.

Live Nation sells more tickets and arranges more events than any other company in the world, by far. In fact, closer to 100 million fans worldwide visit their 40,000 concerts annually. While suffering badly during the pandemic, concerts and live events are now selling out faster than ever before. A clear sign of pent-up demand.

Live Nation operates the world’s leading ticketing platform, Ticketmaster, annually getting over 500 million tickets in the hands of fans spread across 29 countries. The Ticketmaster platform has over 20 million MAUs and has grown its revenue beyond service fees with a CAGR of over 20 percent since 2016. A result of widening their product portfolio with, among others, enterprise tools, insurance, parking, payment integrations, travel, and upsells.