{"id":112593,"date":"2023-11-04T14:05:14","date_gmt":"2023-11-04T14:05:14","guid":{"rendered":"https:\/\/showbizztoday.com\/index.php\/2023\/11\/04\/taylor-swift-beyonce-tours-boost-ticketmaster-parent-live-nations-revenues-national\/"},"modified":"2023-11-04T14:05:14","modified_gmt":"2023-11-04T14:05:14","slug":"taylor-swift-beyonce-excursions-increase-ticketmaster-guardian-live-nations-revenues-national","status":"publish","type":"post","link":"https:\/\/showbizztoday.com\/index.php\/2023\/11\/04\/taylor-swift-beyonce-excursions-increase-ticketmaster-guardian-live-nations-revenues-national\/","title":{"rendered":"Taylor Swift, Beyonce excursions increase Ticketmaster guardian Live Nation\u2019s revenues &#8211; National"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div data-article-socialshare=\"true\">\n<div id=\"article-fontSizer\" class=\"c-fontSizer\">\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--decrease c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Decrease Font\" data-tooltip-title=\"Decrease text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Descrease article font dimension<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=o7pd1ri4i#font-decrease\"\/>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--increase c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Increase Font\" data-tooltip-title=\"Increase text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Increase article font dimension<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=o7pd1ri4i#font-increase\"\/>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<\/div>\n<\/div>\n<div id=\"\">\n<p>Ticketmaster guardian <a href=\"https:\/\/globalnews.ca\/tag\/live-nation\" target=\"_blank\" rel=\"noopener\">Live Nation<\/a> Entertainment beat market estimates for third-quarter income, benefiting from excessive ticket costs and surging live performance demand.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/d21y75miwcfqoq.cloudfront.net\/70c8fc80\" alt=\"\" style=\"position:absolute;width:1px;height:1px\" referrerpolicy=\"no-referrer-when-downgrade\"\/><\/p>\n<p>Shares of the corporate rose 3.5 per cent in prolonged buying and selling.<\/p>\n<p>Heavy demand for music live shows from in style figures like <a href=\"https:\/\/globalnews.ca\/tag\/taylor-swift\" target=\"_blank\" rel=\"noopener\">Taylor Swift<\/a> and <a href=\"https:\/\/globalnews.ca\/tag\/beyonce\" target=\"_blank\" rel=\"noopener\">Beyonce<\/a> has pushed up the costs of tickets, benefiting live performance promoters.<\/p>\n<p>The announcement of long-awaited excursions from musical artists like Bad Bunny and U2 reveals indicators of a wholesome outlook for the corporate.<\/p>\n<p>The firm\u2019s income rose 32 per cent to $8.15 billion within the quarter ended Sept. 30, in contrast with analysts\u2019 estimates of $6.99 billion, in line with LSEG information.<\/p>\n<p>Total estimated occasions rose 7.6 per cent year-over-year to 12,090 whereas whole estimated followers stood at 52.3 million in contrast with 37.1 million the earlier quarter.<\/p>\n<div class=\"c-ad c-ad--bigbox l-article__ad\">\n<p>Story continues under commercial<\/p>\n<\/p><\/div>\n<p>Total estimated tickets offered have been 155.4 million in contrast with 150.1 million within the earlier quarter.<\/p>\n<div class=\"l-article__part\" data-shortcode=\"tp_video\">\n<div class=\"c-video c-videoPlay \" data-iframe-receiver=\"\" data-autoplay=\"\" data-displayinline-featured=\"false\" data-displayinline-type=\"video\" data-displayinline-player-id=\"miniplayer_9792400_65464588179d8\" data-displayinline-video-id=\"9792400\" data-displayinline-ratio=\"16:9\" data-displayinline=\"https:\/\/globalnews.ca\/video\/embed\/9792400\/#autoplay&amp;stickyiframe=miniplayer_9792400_65464588179d8\" data-displayinline-sticky=\"true\">\n<div class=\"c-video__inner\">\n\t\t\t\t\t<span class=\"c-video__placeholder\"><br \/>\n\t\t\t\t\t\t<img class=\"c-video__image\" alt=\"Click to play video: 'The concert boost: How top acts like Taylor Swift, Beyonce are driving economic growth'\" width=\"640\" height=\"360\" data-src=\"https:\/\/i0.wp.com\/media.globalnews.ca\/videostatic\/news\/fp3gxvohh8-li1g9job54\/Beyonce_concert.jpg?w=1040&amp;quality=70&amp;strip=all\" loading=\"lazy\" srcset=\"\" sizes=\"auto, \" data-srcset=\"https:\/\/i0.wp.com\/media.globalnews.ca\/videostatic\/news\/fp3gxvohh8-li1g9job54\/Beyonce_concert.jpg?w=450#038;quality=70&amp;strip=all 450w,https:\/\/i0.wp.com\/media.globalnews.ca\/videostatic\/news\/fp3gxvohh8-li1g9job54\/Beyonce_concert.jpg?w=720#038;quality=70&amp;strip=all 720w,https:\/\/i0.wp.com\/media.globalnews.ca\/videostatic\/news\/fp3gxvohh8-li1g9job54\/Beyonce_concert.jpg?w=1040#038;quality=70&amp;strip=all 1040w,\" data-sizes=\"(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px\"\/><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__overlay\"><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<time class=\"c-video__duration\">2:18<\/time><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__title\">The live performance increase: How high acts like Taylor Swift, Beyonce are driving financial progress<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<section id=\"content-dynamic-trending-stories\" class=\"l-inlineStories l-inlineStories--tile u-hide-tablet-landscape\" aria-label=\"Dynamic trending stories section\">\n<p>\n\t\t<span class=\"l-inlineStories__title c-heading c-heading--strikethrough\">Trending Now<\/span>\n\t<\/p>\n<ul class=\"l-inlineStories__posts c-posts c-posts--inline \">\n<li class=\"c-posts__item\">\n\t\t\t<a href=\"https:\/\/globalnews.ca\/news\/10070399\/ukraine-funding-white-house-running-out\/\" class=\"c-posts__inner\" target=\"_blank\" rel=\"noopener\"><\/p>\n<div class=\"c-posts__media \">\n\t\t\t\t\t\t<img class=\"c-posts__thumbnail\" data-src=\"https:\/\/globalnews.ca\/wp-content\/uploads\/2023\/11\/CP168949402.jpg?quality=85&amp;strip=all&amp;w=336&amp;h=224&amp;crop=1\" loading=\"lazy\" width=\"336\" height=\"224\" alt=\"\"\/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<div class=\"c-posts__details\">\n<p>\n\t\t\t\t<span class=\"c-posts__headlineText\" title=\"White House signals it\u2019s running out of funding to support Ukraine\" data-title=\"\">White House indicators it\u2019s operating out of funding to help Ukraine<\/span>\n\t<\/p>\n<\/p><\/div>\n<p>\t\t\t<\/a>\n\t\t<\/li>\n<li class=\"c-posts__item\">\n\t\t\t<a href=\"https:\/\/globalnews.ca\/news\/10069025\/chinese-intercept-helicopter-flare\/\" class=\"c-posts__inner\" target=\"_blank\" rel=\"noopener\"><\/p>\n<div class=\"c-posts__media \">\n\t\t\t\t\t\t<img class=\"c-posts__thumbnail\" data-src=\"https:\/\/globalnews.ca\/wp-content\/uploads\/2023\/03\/2023030313038-3d39f31de75cd65994bb57ea4c9814bfdc73dae3e29cbc2525cd07c99910f348-1.jpg?quality=85&amp;strip=all&amp;w=336&amp;h=224&amp;crop=1\" loading=\"lazy\" width=\"336\" height=\"224\" alt=\"\"\/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<div class=\"c-posts__details\">\n<p>\n\t\t\t\t<span class=\"c-posts__headlineText\" title=\"Chinese jets intercept, fire flares near Canadian helicopter in \u2018significantly unsafe\u2019 moves\" data-title=\"\">Chinese jets intercept, hearth flares close to Canadian helicopter in \u2018significantly unsafe\u2019 strikes<\/span>\n\t<\/p>\n<\/p><\/div>\n<p>\t\t\t<\/a>\n\t\t<\/li>\n<\/ul>\n<\/section>\n<p>The firm\u2019s live performance enterprise, which consists of merchandise gross sales and the manufacturing of dwell music occasions, introduced in income of $6.97 billion \u2013 making up the majority of its general income, adopted by $832.6 million from ticketing.<\/p>\n<p>Along with the surging demand, the corporate faces regulatory challenges.<\/p>\n<p>Live Nation was reportedly topic to a probe by the U.S. Justice Department investigating whether or not the corporate makes use of anticompetitive agreements with venues and artists amid broader considerations of excessive charges and the corporate\u2019s management of the live performance ticket market.<\/p>\n<p>The firm reported a revenue per share of $1.78 for the July to September interval, in contrast with $1.39 per share a yr in the past.<\/p>\n<div class=\"c-ad c-ad--bigbox l-article__ad\">\n<p>Story continues under commercial<\/p>\n<\/p><\/div>\n<p><em>\u2014 Reporting by Zaheer Kachwala in Bengaluru; Editing by Shailesh Kuber<\/em><\/p>\n<section id=\"sophi_article_widget\" class=\"l-inlineStories l-inlineStories--text l-inlineStories--sophi\" aria-label=\"More on Money\" data-sophi-feature=\"article-money\">\n<\/section><\/div>\n<div>\n<p>\n\t\t&amp;copy 2023 Thomson Reuters\t<\/p>\n<\/div>\n<p><script defer src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;appId=318812448281278&#038;version=v3.3\"><\/script><br \/>\n<br \/>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Descrease article font dimension Increase article font dimension Ticketmaster guardian Live Nation Entertainment beat market estimates for third-quarter income, benefiting from excessive ticket costs and surging live performance demand. Shares of the corporate rose 3.5 per cent in prolonged buying and selling. Heavy demand for music live shows from in style figures like Taylor [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":112595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":{"0":"post-112593","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-celebrity-gossip"},"_links":{"self":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/112593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=112593"}],"version-history":[{"count":0,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/112593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media\/112595"}],"wp:attachment":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=112593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=112593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=112593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}