Rank
16
Live Nation Entertainment
Courtesy of Live Nation
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.
Get up to speed on your morning commute with Fortune’s CEO Daily newsletter.Company Information
Overall Score | 20 |
Sector | Communication Services |
Industry | Entertainment |
CEO | Michael Rapino |
Website | www.livenationentertainment.com |
HQ Location | Beverly Hills, Calif. |
Country | U.S. |
Revenues ($M) (Past 12 Months) | $11,322 |
Profits ($M) (Past 12 Months) | $76 |
Market Value as of Oct. 9, 2019 ($M) | $14,561 |
Employees | 9,500 |