The company said its full-year 2024 operating income was $825 million and its adjusted operating income (AOI) was $2.15 billion. Operating income fell 24% from 2023 revised $1,084.9 million, while AOI rose 14%.

1. 01

   The company said its full-year 2024 operating income was $825 million and its adjusted operating income (AOI) was $2.15 billion. Operating income fell 24% from 2023 revised $1,084.9 million, while AOI rose 14%.

2. 02

   Live Nation said Concerts full-year 2024 AOI rose 65% to $530 million and AOI margin was 2.8%. Attendance was 151 million fans, and the company said stadium shows were down 30%.

3. 03

   Ticketmaster said its Q4 revenue rose 14% year over year to $841 million, and AOI rose 32% to $311 million. Full-year revenue was $3 billion and AOI was $1.1 billion, the company said.

4. 04

   The company expects full-year 2025 capital expenditures of $900 million to $1 billion, the company said, of which $700 to $800 million is related to venue expansion and enhancement plans. It said about $250 million will be funded by joint-venture partners and other sources, reducing cash flow requirements.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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