Feb 19 (Reuters) - Live Nation Entertainment ( LYV )
beat quarterly revenue estimates on Thursday, helped by
sustained demand for its concerts.
The company - a bellwether for discretionary spending and
the health of the global entertainment sector - benefited from
resilient demand for live experiences in arenas and
amphitheaters, which continued to draw consumer spending.
Live Nation inadvertently published its earnings results
on its website ahead of schedule.
Its concerts had a global attendance of 159 million fans in
2025, up from 151 million in the prior year. The company said
its early 2026 ticket sales for Live Nation concerts were up
double digits to about 67 million fans, with over 80% of
large-venue shows already booked.
Analysts have said that investors are showing a renewed
interest in "AI-resistant" businesses, further helping the
company.
Separately, a federal judge on Wednesday allowed an
antitrust lawsuit against Live Nation to proceed, after the U.S.
government alleged the company used its control of concerts and
ticketing to harm competition, clearing the way for a trial in
March.
Live Nation's fourth-quarter revenue rose 11.1% to $6.31
billion, beating estimates of $6.11 billion, according to data
compiled by LSEG.
Its revenue in the concerts segment rose 12% to $5.15
billion in the quarter, compared with estimates of $4.93
billion. Ticketing revenue was nearly flat, edging up 1% to
$846.2 million in the quarter, from $841.1 million a year ago.