Michael Rapino Coronavirus show reports testing Michael Rapino

Live Nation expects that “shows at scale” will return next summer

Reading now: 444
www.nme.com

coronavirus in order to host “full scale” shows next summer.It follows a disastrous year for the company, with the widespread cancellation of gigs due to the pandemic causing the firm to report a 95.1% drop in revenue in the third quarter of 2020.Live Nation posted a net revenue of $184 million in the period from June to September, a huge drop from the $3.77 billion they raked in during the same period last year.As IQMag reports, however, CEO Michael Rapino remains upbeat about the company’s fortunes next year after being encouraged by the small number of fans who have returned tickets for refunds, as well as strong festival sales for next summer.He added that fans can “expect shows at scale next summer” after vowing to implement a series.

Read more on nme.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA