Live Nation Entertainment Reports First Quarter 2013 Financial Results

Live Nation Entertainment released financial results for the three months ended March 31, 2013.”We are pleased with our first quarter revenue growth of 6% as compared to last year, driven by a 12% increase in concert attendance. This good start to the year reaffirms the strength and stability of our platforms heading into 2013, and through April 2013, our concert ticket sales for all events this year are up 26% and Ticketmaster ticket counts for events in 2013 are up 8% relative to this point last year,” said Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment. “These ticket volumes, along with the progress on our strategic initiatives across Concerts, Sponsorship & Advertising and Ticketing give us even greater confidence we will deliver our overall growth plans for 2013.”