Live Nation Q1 revenue grows as losses widen
Thursday, May 10th 2012 at 10:10AMHowever, the firm posted a net loss of $69.15 million for the quarter - up from a $48.6 million loss in 2011.
Operating losses dropped to $42.8 million from $72.1 million in last year's quarter.
Concert revenue from concerts dipped slightly year-on-year to $448.7 million, as ticketing revenues jumped three percent to $326.5 million.
Artist Nation revenues grew 14 percent to $61.4 million.
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