Live Nation continues to capitalize on millennials, who are driving the “experience-based economy.” The ticketing and live events giant had a record 2018, reporting its 13th consecutive year of revenue growth. And a surge of concertgoers helped drive the stock to a new high in July. But the company is also expanding into movie producing—it backed A Star Is Born—and investing in digital tickets and mobile buying, which now makes up 45% of ticket sales globally. One possible hurdle: regulatory scrutiny, with some lawmakers questioning the state of competition in the sector.
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Beverly Hills, Calif.
|Revenues ($M) (Past 12 Months)||$11,322|
|Profits ($M) (Past 12 Months)||$76|
|Market Value as of Oct. 9, 2019 ($M)||$14,561|
Refinitiv Sustainable Leadership Monitor
The Sustainable Leadership Monitor is independent and separate from BCG and the Future 50.