Live Nation Turns a Profit in 2nd Quarter
Date: Wednesday, August 10, 2011 @ 16:07:20 UTC

Improving ticket sales, more profitable concerts, and growing ad revenue all helped Live Nation swing into the black in the second quarter, beating analyst predictions. Net income for Live Nation was $13.3 million for the quarter, up from a loss of $32.8 million in Q2 2010. Revenue increased by 23 percent to $1.56 billion, handily beating analyst projections of $1.31bn. Complete Article

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