Jem Aswad-Senior: Last News

Live Nation CEO Says U.S. Music Festivals Could Reopen by ‘Mid-Summer’

Jem Aswad Senior Music EditorLive Nation has taken a timeline provided by the British government as an all-clear for the summer festival season, selling some 170,000 tickets this week to three major U.K.

summer festivals that were put on sale this week  — and according to comments made around the company’s grim 2020 earnings report on Thursday, it is optimistic that North America can be on a similar pace.On Monday, the British government set a timeline that states large music events in the U.K.

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Jem Aswad-Senior

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Jem Aswad-Senior: Main News

Jem Aswad Senior Music EditorLive Nation has taken a timeline provided by the British government as an all-clear for the summer festival season, selling some 170,000 tickets this week to three major U.K.
Jem Aswad Senior Music EditorIn its earnings reports for the last quarter and full year of 2020, the year of the pandemic, Live Nation shows remarkable optimism for the projected return of live entertainment.Despite a devastating  year in revenue and ticket sales for the world’s largest live-entertainment company, Live Nation’s stock is actually higher than it was before the pandemic — at the time of this article’s publication, it was at 87.05 compared with 67.76 a year ago — and it reports

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