Fans are spending on immersive live entertainment despite economic headwinds, benefiting Live Nation, which is a bellwether for discretionary spending across the entertainment industry.
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“Strong fan demand drove another record quarter, as we continue to attract more fans to more shows globally,” CEO Michael Rapino said in a statement.
Rapino added that 2026 is off to a strong start, driven by a double-digit increase in the large venue show pipeline and increased sell-through levels for these shows.
The Beverly Hills, California-based company said ticket sales for Live Nation concerts in 2026 have reached 26 million, up double digits overall.
The company reported third-quarter revenue of $8.50 billion, compared with $7.65 billion, a year ago. Analysts on average were estimating $8.57 billion, according to data compiled by LSEG.
Live Nation’s concert business, which accounts for the majority of its overall revenue and includes merchandise sales and production of live music events, generated $7.28 billion in the quarter, below analysts’ expectations of $7.67 billion.
In the quarter, ticket sales reached an estimated total of about $797.6 million, above analysts’ estimates of $793.2 million.
Reporting by Nithyashree R B in Bengaluru; Editing by Alan Barona
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