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Live Nation Reports Revenue, Profits Up For Q2

LOS ANGELES (CelebrityAccess) Live Nation has released its second-quarter financial results, claiming it is on its way to record numbers.

“2018 is on track for the company to deliver double-digit operating income and AOI growth along with strong gains in revenue, operating cash flow and free cash flow – adjusted,” CEO Michael Rapino said. “Each of our businesses is contributing to this success, as we put on more concerts for a greater numbers of fans, continue to monetize fans who come to the shows, sell more tickets to events of all types and further demonstrate the value of over 90 million fans to sponsors.”