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#MusicMonday #LiveMusicWednesdays?

Posted on 02. Jun, 2009 by Antonella Stellacci.

The first quarter wasn’t a memorable one for LiveNation: it reported a drop of 22.6% in attendance at live events from the same period in 2008. But revenue per fan was up by 5.7% (hmm more money from fewer people, right?). It also staged more concerts during the first 3 months of 2009 as well, up by 1% from Q1 2008.

The loss was admittedly wider than expected and LiveNation had to reassure the upset market that the summer with its strong line-up of big names would fix the books and 3mln $30 tickets would be sold to rabid fans, despite the recession.

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