Latest News

Back to Latest News back


Live Nation reveals another record year with 11% rise in global revenues

Live Nation reveals another record year with 11% rise in global revenues
March 2, 2019

Live Nation has reported that 2018 was its eighth consecutive year of record results, with ticketing activity rising by 14% and attendances rising by 8% from 2017.

Last year saw the global live entertainment group deliver double-digit attendance growth across arenas, amphitheatres and theatres and clubs, adding nearly seven millions fans globally for a total of 93 million attendees. This drove concerts revenue up 11%, operating income up 61% and adjusted operating income (AOI) up 22%.

Live Nation subsidiary Ticketmaster, saw fee-bearing gross transaction value (GTV) up 14% and total platform GTV of US$33 billion. This drove a 14% increase in ticketing revenue for the year, and delivered growth in operating income and AOI.

The fourth quarter of 2018 delivered Ticketmaster’s highest fee-bearing GTV quarter ever, selling over 60 million tickets and delivering over US$5 billion in fee-bearing GTV. Overall in 2018, Ticketmaster managed over 400,000 events, selling almost 500 million tickets to fans in 28 countries.

Commenting on the results, Live Nation President and Chief Executive, Michael Rapino stated “our top priority at Ticketmaster in 2018 was deploying our Presence digital ticketing solution, which we see as key for effectively unlocking the value of our customer relationships across our ticketing, concerts and sponsorship businesses. By the end of 2018, we deployed Presence in over 200 venues, operating 20,000 events for 40 million fans, approximately half of whom used digital tickets.”

Adding added that in 2019, Ticketmaster is hoping to have presence in more than 500 venues, with over 125 million fans in attendance, Rapino continued “I believe we have tremendous opportunity for growth on a global basis, particularly in the 13 markets where we promote concerts but do not yet have a substantial ticketing operation. 

“In 2018, we furthered our international expansion, establishing ticketing operations in Italy, growing our German operations and laying the groundwork for expansion into Latin America.

“Ticketmaster continues to exceed expectations, both operationally and in its leadership position in digital ticketing, which we believe it can extend globally and deliver continued profitable growth.”

Concerts Growth Accelerated in 2018
Across all of the artists Live Nation works with, it invested over US$6 billion to promote 35,000 shows in 40 countries, with Live Nation by far the largest financial supporter of artists in music. In addition to growing its show count and attendance, our pricing and on-site initiatives also continued to grow our operating income and AOI.

In its high-margin sponsorship business, Live Nation grew revenue, operating income and AOI all by 13% in 2018. Live Nation’s top strategic sponsors were a key driver of this growth, with 75 sponsors collectively spending over US$350 million to reach fans, up 11% over 2017. Sponsorship at Live Nation festivals grew 13%, driven by new deals with brands including Heineken, Barclays, State Farm and Frito-Lay.

Ticketmaster Extends Global Leadership Position
Ticketmaster continued growing its leadership position in ticketing in 2018, with fee-bearing gross transaction value (GTV) up 14% and total platform GTV of US$33 billion. 

Live Nation’s top priority for Ticketmaster in 2018 was deploying its Presence digital ticketing solution, which the company sees as key for effectively unlocking the value of its customer relationships across Live Nation’s ticketing, concerts and sponsorship businesses.

By the end of 2018, Live Nation deployed Presence in over 200 venues, operating 20,000 events for 40 million fans, approximately half of whom used digital tickets.

For 2019, the company anticipates further growth expecting to have Presence in over 500 venues by the end of this year, with over 125 million fans attending events at these buildings. At that point, Live Nation will cover over 75% of major sports and Live Nation buildings, making Ticketmaster by far the global leader in digital ticketing.

At the same time, Live Nation expects to continue building its marketplace, with the fourth quarter of 2018 being its highest fee-bearing GTV quarter ever, selling over 60 million fee-bearing tickets in a quarter for the first time, and delivering over $5 billion in fee-bearing GTV.

Overall in 2018, Ticketmaster managed over 400,000 events, delivering almost 500 million tickets to fans in 28 countries. Live Nation continues adding new clients to our marketplace, who collectively added over 10 million new tickets in 2018.

2019 Growth Drivers
Live Nation continues to see the tremendous power of live events, with strong consumer demand and a robust supply of new and established artists hitting the road from clubs to stadiums. 

The company believes that the live entertainment business will continue to have strong growth for years to come as fans globally drive demand, artists are touring more and on-site spending, sponsorship and ticketing all benefit from the concerts flywheel.

Rapino concluded “in 2019, I expect us to further extend our global concerts position while enhancing our on-site hospitality business and capturing additional pricing opportunities. 

“Our sponsorship business will continue driving double-digit growth as more brands look for that direct connection with music fans ... and as Ticketmaster continues its transformation to a truly digital ecosystem, it will also benefit from continued growth in concert ticket sales and further expansion of our global footprint.”

Images: Drake (top) and Michael Rapino (below). Courtesy of Live Nation.

Related Articles

26th February 2019 - Ticketmaster acquires Moshtix to expand general admission offering in Australia and New Zealand

30th January 2019 - Australian venues rank highly in growing 2018 international concert business earnings

4th January 2019 - Ticketmaster clients name Aladdin The Musical Australia’s Ticket of the Year for 2018

19th October 2018 - Ticketmaster acquires live events industry blockchain technology company UPGRADED

12th October 2018 - Live Nation enters partnership to develop integrated resort in South Korea

28th September 2018 - Global study reveals the importance of live music in escaping digital overload

24th September 2018 - Live Nation names new General Manager for Melbourne’s Palais Theatre plus funding for 13 community projects

5th September 2018 - Live Nation backs new Brisbane live music venue

23rd August 2018 - Live Nation Australia to offer Optus customers new benefits through exclusive partnership

17th August 2018 - Ticketmaster Australia looks to continue resale operations

16th May 2018 - Live Nation launches ‘Women Nation’ fund to invest in female-founded live music ventures

23rd April 2018 - Live Nation expands festival portfolio with acquisition of Rhythm and Vines Festival

2nd March 2018 - Live Nation registers record revenues through 2017

Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.


supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

Jonas Leisure

JonasLeisure offers a complete range of leading leisure and recreation software brands – envibe, Centaman, Gladstone Health & Leisure, The Retention People, Nutrition Complete and…

read more

Aquatics / Billing / Fitness / Recreation / Sport


Enta Australasia

As of the 1st July 2018, Enta Australasia Pty Ltd/Best Union has been rebranded as VIVATICKET Pty Ltd.  Click here to view the VIVATICKET Pty Ltd listing.  19th July 2018 - ENTA…

read more

Technology / Ticketing / Venues


Altitude Training Systems

ATS are global leaders in altitude training and research. From mask systems and inflatable tents to simulated altitude facilities, we help all athletes gain the competitive edge. Our…

read more

Fitness / Sport / Technology



Ausfit began in 1992, providing software services to the health and fitness sector including ClubWise, a fully hosted web-based product which combines state of the art club management software,…

read more

Billing / Finance / Fitness / Technology


Aussie Strength

We are Aussie Strength. The ultimate supplier for Commercial Gym Equipment that's built to deliver in the toughest environments. From USA-Built hardcore weight training equipment from Arsenal…

read more

Fitness / Technology / Wellness


SeatGeek Asia Pacific

SeatGeek is a search engine and mobile-focused ticket marketplace that allows fans to buy and sell tickets for live events. As of August 2018, SeatGeek has exited the Australian, New…

read more

Entertainment / Sport / Technology / Ticketing / Venues



Swimplex Aquatics are a world-class company dedicated to the commercial pool, waterslide industry. We are Australian market leaders servicing all states Australia wide. Swimplex provide a full…

read more

Aquatics / Attractions / Design / Play / Waterparks


Goplay Commercial Playground Equipment

Goplay designs and manufactures specialised playground equipment for indoor play centres, hotels, food chains, clubs and resorts. If our years of experience and dedication have taught us one thing,…

read more



get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business