Live Nation Entertainment has posted a strong Q2 with a solid 40% increase in revenue to hit $4.4bn (£3.62bn/€4.3bn) compared to $575m in Q2 last year. Concerts revenue amounted to $3.5bn while ticketing brought in $575m. Sponsorship and advertising brought in $263.8m while other eliminations amounted to a loss of $2.7m bringing the total to …
Eventbrite posts Q2 net loss but net revenue presents more positive picture
Event management and ticketing company Eventbrite has posted a net loss of $20.1m (£16.5m/€19.6m) during the second quarter of 2022. The figure is a slight improvement on the $20.5m net loss during the same period last year, but is an increase on the $18m net loss posted in Q1 of this year. However, the company’s …