It Was A Good Year: Live Nation
Live Nation’s annual report came out earlier this year and from the looks of it, Madonna done good. The world’s largest live concert producer increased its revenues by 12.8 percent to $4.2 billion, a year-over-year increase of $473.3 million. Live Nation’s adjusted OIBDAN (operating income before depreciation and amortization, non-cash compensation expense) was $180.9 million, an increase of 15.9 percent, as a result of improved results in North American and international music and global theatre tours and productions. Operating income was $82.1 million, an increase of $49 million, or 148.0 percent.
Read More »