Live Nation Cites "Strong" Demand for Concerts As Potential DOJ Lawsuit Looms
Live Nation reported first quarter revenue of $3.8 billion, up 21 percent year over year, propelled by continued fan demand, alongside an operating loss of $37 million after operating income of $142.7 million a year ago. Live Nation CEO Michael Rapino attributed the operating income loss to "one-time accruals." "Our Q1 results demonstrate that live […]