Live Nation Entertainment survived through the worst year in its history in 2020 – and remains optimistic for its prospects in 2021, as Covid-19 restrictions begin to lift in major markets. According to its newly-published fiscal results, Live Nation posted $1.86 billion in revenue last year, down by 84% on the equivalent figure from 2019. … Continued
"Live streaming is a great complement to our core business, and essentially gives any show an unlimited capacity," says Live Nation President and CEO, Michael Rapino
"We estimate the lost revenue impact from the global COVID-19 pandemic in the third quarter and first nine months of 2020 to be approximately $3.7 billion and $7.0 billion, respectively."