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Home / Specials / Live Nation Sees Path to Resuming Live Shows at Scale By Summer 2021

Live Nation Sees Path to Resuming Live Shows at Scale By Summer 2021

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With persisting restrictions on large gatherings and events worldwide, concert giant  Live Nation reported another quarter of earnings that didn’t exactly excite investors.

The top line number included a 95% drop in year-over-year revenue compared to Q3 2019, leading to an operating loss of $504 million for the quarter. Despite the unsightly financial results, Live Nation’s CEO Michael Rapino spoke to a rosier outlook for the company in the coming year. In addition to continued efficiencies in cost-cutting, Rapino stated that the company “expect[s] shows at scale next summer.”



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