Clear Signal News
Finance

Empty seats? Concert giant Live Nation says ticket sales are actually at record levels.

In the wake of online chatter about high-profile tour cancellations, Ticketmaster’s parent company said artists aren’t ditching shows any more than usual.

MarketWatch ·

Earnings Results

In the wake of online chatter about high-profile tour cancellations, Ticketmaster’s parent company says artists aren’t ditching shows any more than usual

Updated

After tour cancellations from some major artists this year raised concerns about concert-ticket fatigue, Live Nation on Thursday insisted it’s seeing no signs of “blue-dot fever.”

That term is a reference to how empty seats get displayed on the Ticketmaster platform. But Live Nation LYV, which owns Ticketmaster, said in conjunction with its second-quarter results on Thursday that concert-cancellation rates were on par with previous years — that is, around 1% to 2% of its overall lineup for a year.

Partner Center

Most Popular

Originally published by

MarketWatch

Aggregated from a public feed. Read the original at the source for the publisher's full presentation.

View original on marketwatch.com

Continue reading

More in Finance