Live Nation Entertainment is the world's leading live-entertainment company: it promotes about 55,000 concerts a year for 159 million fans, sells tickets through Ticketmaster, and sells sponsorship and advertising against that attention. Concerts were 83% of FY2025 revenue but thin-margin; Ticketmaster and Sponsorship carried most of the profit. FY2025 (year to Dec 31, 2025) revenue was $25.20B (+9%), operating income $1.25B (+52%), adjusted operating income $2.37B (+10%), and net income $691M.
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