{"id":84177,"date":"2021-03-02T20:00:00","date_gmt":"2021-03-02T20:00:00","guid":{"rendered":"http:\/\/routenote.com\/blog\/?p=84177"},"modified":"2021-03-02T17:06:27","modified_gmt":"2021-03-02T17:06:27","slug":"live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/","title":{"rendered":"Live Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020"},"content":{"rendered":"\n

Image Credit: Live Nation<\/a><\/em><\/p>\n\n\n\n

The CEO of Live Nation struck an optimistic tone for the return of concerts in the company earnings report for 2020.<\/span><\/h4>\n\n\n\n

The closing quarter of 2020 was a difficult one<\/a> for Live Nation Entertainment, with the company seeing a 92% drop in revenue compared to the same period in 2019. This is hardly surprising given the almost complete lack of live events during the pandemic, but the company is buoyant about the future <\/a>despite a year of struggles.<\/p>\n\n\n\n

Addressing Live Nation Entertainment\u2019s 2020 earnings report, published last week, CEO Michael Rapino<\/a> spun the positives to come out of a year of lockdowns. Across all of 2020 Live Nation earned around $1.86 billion, which is an 84 percent drop from 2019\u2019s $11.55 billion in income. <\/p>\n\n\n\n

In 2020 Live Nation Entertainment moved quickly to shift to digital tickets and concert streaming<\/a> whilst physical shows weren\u2019t possible. The vaccine rollout is encouraging for the prospect of live shows sooner rather than later, with the picture less bleak. <\/p>\n\n\n\n

Rapino said:<\/a> \u2018On the artist side there is a broad desire to get back on stage \u2013 to connect with their fans and to provide economic support to their bands, crew, and the hundreds of others employed each night putting on the show.\u2019 Normally only two-thirds of nights available to venues are filled, so there\u2019s ample space to accommodate artists eager to get back out there.<\/p>\n\n\n\n

\"\"
Image Credit: Live Nation Entertainment<\/a><\/em><\/figcaption><\/figure><\/div>\n\n\n\n

Live Nation are banking on concerts triumphantly resuming and staying so without a hitch. As is to be expected, 2022 looks to be stuffed full of shows, with Rapino noting that nearly twice as many major artists will be touring than a normal year. <\/p>\n\n\n\n

Surveys indicate that punters are happy to wait for normal service to resume, with 83% of fans are holding onto cancelled concert tickets, and 63% keeping their festival tickets. 95% of fans say they\u2019re likely to attend a gig once restrictions lift.<\/p>\n","protected":false},"excerpt":{"rendered":"

The CEO of Live Nation struck an optimistic tone for the return of concerts in the company earnings report for 2020.<\/p>\n","protected":false},"author":24,"featured_media":34762,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11109],"tags":[23386,23387,19562,23383,23384,23382,13405,19569,23385,21672,21671],"acf":[],"yoast_head":"\nLive Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020 - RouteNote Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Live Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020 - RouteNote Blog\" \/>\n<meta property=\"og:description\" content=\"The CEO of Live Nation struck an optimistic tone for the return of concerts in the company earnings report for 2020.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"RouteNote Blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-02T20:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-02T17:06:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/12\/Live-Nation-Ticket-Refund-Website.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"685\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Madeleine Amos\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/routenote.com\/blog\/#organization\",\"name\":\"RouteNote\",\"url\":\"https:\/\/routenote.com\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/routenote.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg\",\"contentUrl\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"RouteNote\"},\"image\":{\"@id\":\"https:\/\/routenote.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/routenote.com\/blog\/#website\",\"url\":\"https:\/\/routenote.com\/blog\/\",\"name\":\"RouteNote Blog\",\"description\":\"The World of Digital Music - Distribution - Stores and Free Music\",\"publisher\":{\"@id\":\"https:\/\/routenote.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/routenote.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/12\/Live-Nation-Ticket-Refund-Website.png\",\"contentUrl\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/12\/Live-Nation-Ticket-Refund-Website.png\",\"width\":1200,\"height\":685,\"caption\":\"Live Nation 2020\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#webpage\",\"url\":\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/\",\"name\":\"Live Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020 - RouteNote Blog\",\"isPartOf\":{\"@id\":\"https:\/\/routenote.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#primaryimage\"},\"datePublished\":\"2021-03-02T20:00:00+00:00\",\"dateModified\":\"2021-03-02T17:06:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/routenote.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Live Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#webpage\"},\"author\":{\"@id\":\"https:\/\/routenote.com\/blog\/#\/schema\/person\/681c9fd50fd43a10dc30b10cb5e87667\"},\"headline\":\"Live Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020\",\"datePublished\":\"2021-03-02T20:00:00+00:00\",\"dateModified\":\"2021-03-02T17:06:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#webpage\"},\"wordCount\":331,\"publisher\":{\"@id\":\"https:\/\/routenote.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/12\/Live-Nation-Ticket-Refund-Website.png\",\"keywords\":[\"bands touring in 2021\",\"how much is live nation worth\",\"live nation 2020\",\"live nation earnings report 2020\",\"live nation entertainment news\",\"live nation q4\",\"Michael Rapino\",\"michael rapino losses\",\"rescheduled concerts 2022\",\"when will concerts return\",\"when will gigs return\"],\"articleSection\":[\"Music News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/routenote.com\/blog\/#\/schema\/person\/681c9fd50fd43a10dc30b10cb5e87667\",\"name\":\"Madeleine Amos\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/routenote.com\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/995af743aeac7c643564c9567ab0caa6?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/995af743aeac7c643564c9567ab0caa6?s=96&d=blank&r=g\",\"caption\":\"Madeleine Amos\"},\"description\":\"I write about music for RouteNote, sharing fun stuff, news, and tips and tricks for musicians and producers. Also a saxophonist and hater of marmalade.\",\"url\":\"https:\/\/routenote.com\/blog\/author\/maddi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Live Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020 - RouteNote Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/","og_locale":"en_US","og_type":"article","og_title":"Live Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020 - RouteNote Blog","og_description":"The CEO of Live Nation struck an optimistic tone for the return of concerts in the company earnings report for 2020.","og_url":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/","og_site_name":"RouteNote Blog","article_published_time":"2021-03-02T20:00:00+00:00","article_modified_time":"2021-03-02T17:06:27+00:00","og_image":[{"width":1200,"height":685,"url":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/12\/Live-Nation-Ticket-Refund-Website.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Madeleine Amos","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/routenote.com\/blog\/#organization","name":"RouteNote","url":"https:\/\/routenote.com\/blog\/","sameAs":[],"logo":{"@type":"ImageObject","@id":"https:\/\/routenote.com\/blog\/#logo","inLanguage":"en-US","url":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg","contentUrl":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg","width":1000,"height":1000,"caption":"RouteNote"},"image":{"@id":"https:\/\/routenote.com\/blog\/#logo"}},{"@type":"WebSite","@id":"https:\/\/routenote.com\/blog\/#website","url":"https:\/\/routenote.com\/blog\/","name":"RouteNote Blog","description":"The World of Digital Music - Distribution - Stores and Free Music","publisher":{"@id":"https:\/\/routenote.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/routenote.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#primaryimage","inLanguage":"en-US","url":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/12\/Live-Nation-Ticket-Refund-Website.png","contentUrl":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/12\/Live-Nation-Ticket-Refund-Website.png","width":1200,"height":685,"caption":"Live Nation 2020"},{"@type":"WebPage","@id":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#webpage","url":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/","name":"Live Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020 - RouteNote Blog","isPartOf":{"@id":"https:\/\/routenote.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#primaryimage"},"datePublished":"2021-03-02T20:00:00+00:00","dateModified":"2021-03-02T17:06:27+00:00","breadcrumb":{"@id":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/routenote.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Live Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020"}]},{"@type":"Article","@id":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#article","isPartOf":{"@id":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#webpage"},"author":{"@id":"https:\/\/routenote.com\/blog\/#\/schema\/person\/681c9fd50fd43a10dc30b10cb5e87667"},"headline":"Live Nation Entertainment gears up for return of concerts despite drop in revenue of 92% in Q4 2020","datePublished":"2021-03-02T20:00:00+00:00","dateModified":"2021-03-02T17:06:27+00:00","mainEntityOfPage":{"@id":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#webpage"},"wordCount":331,"publisher":{"@id":"https:\/\/routenote.com\/blog\/#organization"},"image":{"@id":"https:\/\/routenote.com\/blog\/live-nation-entertainment-gears-up-for-return-of-concerts-despite-drop-in-revenue-of-92-in-q4-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/12\/Live-Nation-Ticket-Refund-Website.png","keywords":["bands touring in 2021","how much is live nation worth","live nation 2020","live nation earnings report 2020","live nation entertainment news","live nation q4","Michael Rapino","michael rapino losses","rescheduled concerts 2022","when will concerts return","when will gigs return"],"articleSection":["Music News"],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/routenote.com\/blog\/#\/schema\/person\/681c9fd50fd43a10dc30b10cb5e87667","name":"Madeleine Amos","image":{"@type":"ImageObject","@id":"https:\/\/routenote.com\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/995af743aeac7c643564c9567ab0caa6?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/995af743aeac7c643564c9567ab0caa6?s=96&d=blank&r=g","caption":"Madeleine Amos"},"description":"I write about music for RouteNote, sharing fun stuff, news, and tips and tricks for musicians and producers. Also a saxophonist and hater of marmalade.","url":"https:\/\/routenote.com\/blog\/author\/maddi\/"}]}},"jetpack_featured_media_url":"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/12\/Live-Nation-Ticket-Refund-Website.png","_links":{"self":[{"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/posts\/84177"}],"collection":[{"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/comments?post=84177"}],"version-history":[{"count":0,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/posts\/84177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/media\/34762"}],"wp:attachment":[{"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/media?parent=84177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/categories?post=84177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/routenote.com\/blog\/wp-json\/wp\/v2\/tags?post=84177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}