Touring
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A busy year in high-margin amphitheaters and arenas pushed concert promoter Live Nation to a record $2.15 billion in adjusted operating income (AOI) in 2024, up 14%, on record revenue of $23.16 billion, up 2%.
In the concerts division, full-year revenue rose 2% to $19.02 billion. Despite having 30% fewer stadium shows in 2024, the total number of fans grew to a record 151 million from more than 50,000 Live Nation events. A heavy slate of concerts at arenas and amphitheaters, where Live Nation can offer VIP experiences and capture more revenue from food and beverage sales, helped AOI climb 65% to $529.7 million and AOI margin — AOI as a percentage of revenue — reach a record 2.8%.
Ticketing revenue for the full year increased 1% to $2.99 billion while AOI dropped 1% to $1.12 billion. Ticketmaster had 23 million net new enterprise tickets that were signed in 2024, with two-thirds coming from international markets.
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Sponsorships and advertising revenue grew 9% to $1.2 billion and AOI rose 13% to $763.8 million. Led by festivals in Latin America and Europe, international markets were up double digits. The number of new clients increased 20%.
Live Nation is expecting 2025 will top its record-setting 2024. Through mid-February, stadium shows are up 60% from the prior-year period and 65 million tickets have been sold for Live Nation concerts, a double-digit annual increase. Ticketmaster’s transacted ticketing revenue for 2025 shows is up 3% to 106 million tickets, due mainly to an increase in concert demand.
The current year “is shaping up to be even bigger thanks to a deep global concert pipeline, with more stadium shows on the books than ever before,” CEO Michael Rapino said in a statement. Currently, Live Nation’s stadium tours for 2025 include Beyoncé’s Cowboy Carter tour, Morgan Wallen’s I’m The Problem Tour, Kendrick Lamar and SZA’s Grand National Tour, and Post Malone and Jelly Roll’s Big Ass Stadium Tour.
Consolidation fourth-quarter revenue dropped 2% to $5.68 billion as concerts revenue dipped 6% to $4.58 billion and ticketing and sponsorships and advertising grew 14% and 10%, respectively. Fourth-quarter AOI fared better, however, rising 35% to $157.3 million despite concerts AOI falling 16%.
Live Nation is ending its “concerts all summer long” program at the company’s amphitheaters and plans to replace the multi-show offering with something different, company officials tell Billboard. On Tuesday (Feb. 18), the Live Nation Lawnie Instagram page announced the end of the six-year-old program, in which music fans paid a flat fee for a […]
How you like that! BLACKPINK announced its highly anticipated 2025 world tour dates on Wednesday, Feb. 19, revealing that the global trek will kick off in July.
The K-pop supergroup consisting of JENNIE, ROSÉ, JISOO and LISA revealed that the limited run of shows will begin with a pair of shows July 5 and 6 at the Goyang Stadium in Seoul, South Korea, followed by stops in Los Angeles, New York City, Paris, Barcelona and more. The tour ends Aug. 15 with a stop at London’s famed Wembley Stadium, which will also mark the first time that a K-pop girl group has ever headlined the venue.
Though not mentioned in the press release, the group’s Instagram post announcing the tour dates also revealed that 2026 shows are also coming to the Tokyo Dome in mid January.
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Tickets for the shows go on sale Feb. 27 via Live Nation. Onsale start times will vary by market.
The 2025 world tour will be the first time BLACKPINK has gone on the road as a group since the Born Pink World Tour, which ran from 2022 to 2023. That trek landed the K-pop group on the Billboard‘s 2023 Top Tours chart, having sold 703,000 tickets over 29 shows during the period of eligibility; the trek grossed $148.3 million.
The group first teased the upcoming tour on Feb. 5. At the time, little information was revealed, with BLACKPINK sharing just a quick teaser video of fans screaming in massive venues, the four women on stage and the clip ending with the message “2025 World Tour” in pink lettering over a black background.
Over the past year, JENNIE, ROSÉ, JISOO and LISA have taken a break from group duties to focus on their own solo projects. LISA’s solo effort, Alter Ego, arrives at the end of the month on Feb. 28, while JENNIE‘s Ruby arrives a week later on March 7. JENNIE is also dropping a collab track with Doechii titled “ExtraL” this Friday (Feb. 21). And just last week on Valentine’s Day, JISOO dropped her mini solo album, AMORTAGE. ROSÉ’s solo album rosie arrived in early December, and also features her Billboard Hot 100 No. 3 hit “APT.” alongside Bruno Mars.
LISA, who also confirmed that a BLACKPINK tour was coming this year in her November Billboard cover story, expressed excitement about the trek at the time. Said the pop star: “I can’t wait.”
See BLACKPINK’s 2025 World Tour dates below:
AEG Presents has promoted Andrew Klein to president of global partnerships, where he will oversee all sales and activation efforts for the company. Reporting to executive vice president and COO Shawn Trell, Klein will continue to be based in New York.
Previously serving as senior vp of global partnerships, Klein has been a key figure in sponsorship sales at AEG for over two decades.
Klein has played an instrumental role in developing major sponsorship deals across AEG’s tours, festivals and venues. His work includes securing partnerships for high-profile events such as Stagecoach Festival, Camp Flog Gnaw and the New Orleans Jazz Fest & Heritage Festival. Known for his expertise in integrating brands with music experiences, he has spearheaded successful collaborations, including H&M’s global licensing deal with Coachella and tour sponsorships for Justin Bieber, Xbox, Ubisoft, Motorola and Katy Perry with Staples.
Klein was also ahead of the curve on live streaming, leading early broadcasts for the AT&T Blue Room with New Orleans Jazz Fest, Coachella and the Mile High Music Festival. More recently, he facilitated high-profile streaming deals, including partnerships between YouTube and Coachella and Amazon with Stagecoach, further expanding AEG’s reach in digital entertainment.
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Pre-AEG, Klein served as president of EMCI, a New York-based music sponsorship and activations firm. While there, he managed sponsorship programs for major events such as the original Lilith Fair and helped orchestrate brand collaborations, including partnerships between Tommy Hilfiger and Sheryl Crow, Shania Twain with Gitano Jeans and the Rolling Stones with Sprint.
“The opportunities in our company have never been more exciting or abundant for driving meaningful results for our partners,” said Klein. “I look forward to continuing to develop and implement innovative programs that amplify our world-class brand partners and industry-leading music assets.”
Trell praised Klein’s ability to cultivate relationships and “identifying brands and partners to bring critical value and expanded reach across our entire portfolio.”
Drake has been announced as the headliner for this year’s Wireless Festival.
On Sunday (Feb. 16), the annual U.K. music event revealed that the 38-year-old superstar rapper will close out all three nights of the festival’s 20th anniversary.
“For our 20th anniversary… Drake will headline all THREE nights with three different setlists,” Wireless Festival shared on Instagram, alongside a poster.
The festival returns to London’s Finsbury Park from July 11-13, with Drake performing alongside a variety of guest artists each night and offering a unique setlist for every appearance.
The Toronto MC’s opening night on Friday (July 11) will feature Drizzy alongside PartyNextDoor and special guest Summer Walker. On Saturday (July 12), the 6 God returns with mystery guest “The Mandem,” while Sunday (July 13) will see Drake perform with Burna Boy and Vybz Kartel.
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This will mark Drake’s first U.K. performances in six years.
The full lineup for the 2025 edition of Wireless Festival will be revealed at a later date. General ticket sales begin on Feb. 19 at 12 p.m. GMT at wirelessfestival.co.uk.
Drake is currently celebrating the release of his new collaborative album with PartyNextDoor, $ome $exy $ongs 4 U, which dropped on Valentine’s Day (Feb. 14) and is already breaking records on Apple Music.
$ome $exy $ongs 4 U is Drizzy’s first full album since 2023’s For All the Dogs, which spent two weeks at No. 1 on the Billboard 200. It’s also his first major project since his highly publicized rap feud with Kendrick Lamar, which saw K. Dot take aim at the Toronto superstar during the Super Bowl Halftime Show on Feb. 9, performing his Billboard Hot 100-topping diss track “Not Like Us” in front of more than 100 million viewers.
About 24 hours after its release, $ome $exy $ongs 4 U broke the record for the biggest R&B/soul album in Apple Music’s history by first-day streams worldwide.
The 21-track album, with a 74-minute runtime, follows PartyNextDoor’s P4, released in 2024.
Drake and PartyNextDoor have long demonstrated their strong chemistry on tracks like “Come and See Me,” “Recognize,” “Members Only,” “Loyal,” “Preach,” “Since Way Back,” and others.
Shakira has been hospitalized in Lima, Peru, and will postpone the show she was slated to perform Sunday (Feb. 16) as part of her Las Mujeres Ya No Lloran tour.
In a statement in Spanish posted in her Instagram Stories, the global superstar wrote she had to go to the emergency room due to an “abdominal” condition and was currently hospitalized.
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“The doctors who are taking care of me have informed me I’m not in condition to perform a concert tonight,” Shakira wrote, referring to the show scheduled for Sunday (Feb. 16) at Lima’s Estadio Nacional.
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“I’m very sad to not be able to get onstage today,” the singer added. “I’ve been full of excitement and anticipation to see my beloved Peruvian fans again. I hope to be better tomorrow and to be discharged as soon as possible to be able to give you the show I’ve prepared for all of you.
“Our plan is to do this show as soon as possible. My team and the promoter are working on a new date to provide you.”
“Thank you for understanding,” she concluded the note. “I love you very much.”
Shakira launched her Las Mujeres Ya No Lloran tour on Feb. 11 in Rio de Janiero, then played a second show Feb. 13 in Sao Paulo. Lima was slated to be her next stop. She is still scheduled to perform in Colombia, beginning Feb. 21 in her native Barranquilla.
Check out the full Latin American tour dates below:
Feb. 11: Rio de Janeiro, Brazil (Estadio Nilton Santos)Feb. 13: São Paulo, Brazil (Estadio MorumBIS)Feb. 16: Lima, Peru (Estadio Nacional)Feb. 21: Barranquilla, Colombia (Estadio Metropolitano)Feb. 23: Medellín, Colombia (Estadio Atanasio Girardot)Feb. 26: Bogotá, Colombia (Estadio El Campín)March 2: Santiago, Chile (Estadio Nacional)March 7: Buenos Aires, Argentina (Campo Argentino de Polo)March 12: Monterrey, Nuevo León, Mexico (Estadio BBVA)March 16: Guadalajara, Jalisco, Mexico (Estadio Akron)March 19, 21, 23, 25, 27, 28, 30 : Mexico City, Mexico (Estadio GNP Seguros)
In April 2022, when The Kid LAROI headlined the March Madness Festival in New Orleans, the Australian rapper was at a “critical time in his career,” as one of his agents, Sara Schoch, recalls. He was on the brink of switching to a new manager and he was about to release a follow-up track to his smash single “Stay” with Justin Bieber. “He was rolling out new music and reframing how he was presenting to fans,” says Schoch, United Talent Agency’s co-head of global brand music partnerships.
The venue LAROI’s team chose was TNT Sports, for which he headlined a Coca-Cola-sponsored stage at the televised March Madness Music Festival in New Orleans and made a commercial for the soda brand containing original music. Within a month, his single “Thousand Miles” debuted at No. 15 on the Billboard Hot 100. The connection led to a broader brand deal, including an alternative-reality-enhanced video that was part of Coke’s summer-music campaign. Then he sold out a tour of ballrooms and amphitheaters in minutes. “It was a big deal,” Schoch says. “The TNT team is artist-first and understanding of who’s going to break. They give [artists] media visibility. They have the infrastructure. I haven’t seen an organization bring all those things together, especially in such a consistent way.”
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Where rival sports networks mostly focus on fixed, one-time, widely viewed events — like the Super Bowl Halftime Show or Beyoncé‘s halftime performance during the NFL’s Christmas Day game last year, both on Fox Sports — TNT’s operations-plus-A&R-plus-brands skillset is unique. Known for its NBA and NCAA basketball coverage — and to a lesser extent hockey, auto-racing and tennis events — the network has spent the last decade and a half building makeshift stages in U.S. cities for free events, signing headlining superstars from Kendrick Lamar to Rihanna to Bruce Springsteen, helping to break new artists such as Doechii and Shaboozey and broadcasting all the copiously brand-stamped events on cable television. For this weekend’s NBA All-Star Game in the Bay Area, Chance the Rapper will headline an opening concert, broadcast on TNT, on Thursday evening (Feb. 13) at Pier 48 in San Francisco.
“We’re jack of all trades, I guess,” says André Plasiance, TNT Sports’ vp of live events, who acts as a sort of A&R man combined with a concert promoter. “We got a lot of things on our plate.”
One of Plaisance’s first events for the network, then known as Turner Sports, was to build a stage near the Mississippi River in New Orleans for a Jimmy Buffett concert as part of the three-day NCAA Big Dance Concert Series in 2012. Even Buffett’s people were confused about how Turner would basically create an entire city, including the stage, out of a park. One of them asked Plaisance, a New Orleans native, “Ever been there?” Plaisance replied: “Not really.” But the team pulled off the event, which also featured KISS and The Black Keys, before some 130,000 people.
Since then, Plaisance says, “There’s a level of trust that we could do that successfully. We’re able to build on that throughout the years.”
Basketball, according to Rick Faigin, executive vp of Acceleration Community of Companies, an agency that works with artists and brands, has a way of intersecting with music that other sports don’t have, even when they try — like Major League Baseball, which sporadically stages performers during its Home Run Derby, or the annual Super Bowl Soulful Celebration, starring The Isley Brothers, Yolanda Adams and others in recent years. Some of that may be “because TNT has made it that way,” Faigin says. He adds that the Super Bowl Halftime Show has exactly one sponsor — Apple Music — while TNT Sports’ various events surrounding NBA games and March Madness provide far more music-branding opportunities. (It must be noted that Chance the Rapper and The Smashing Pumpkins performed during player introductions and intermissions in a New Year’s Eve 2024 NHL game at Chicago’s Wrigley Field, broadcast on TNT.)
“One thing [TNT’s team] are great at is delivering a high-quality production that rivals any of the major music festivals out there, from the staging to the overall production to the festival grounds,” says Byron Taub, vp of sponsorships and experiential marketing for Capital One, which has partnered with the network since 2011. “We want to create memories for our customers through these memorable types of events. We’re looking to create immersive experiences that tap into their passions — sports, music, dining, entertainment.”
For TNT, “the home run, or slam dunk, or three-point shot, whatever analogy you want to use,” according to Plaisance, is when the network can work with an artist to break a pump-it-up sports anthem. Examples include Muse‘s “Madness,” which became a March Madness anthem in 2013, licensed for TV promos and performed in a concert in Atlanta; and The Black Keys’ 2024 track “Beautiful People (Stay High),” used in Final Four promos last year around the time the band performed at TNT Sports’ Capital One Jamfest. “We’re constantly looking for those synchs to have that 360 tie-in, for the broadcast and the band live experience as well,” Plaisance says.
“It’s exposure you can’t pay for,” adds Dave Aussenberg, music brand partnerships agent at Creative Artists Agency, which represents Shaboozey, Mumford & Sons and others who’ve played TNT sports-and-music events. “These are some of the most desirable sporting events to attend. The more music events you attach to these weekends, it’s a huge win for fans.”
In a half-hour Zoom, Plaisance suggests his passion lies in building venues from scratch, beginning with the Buffett performance in 2012. For the NCAA’s annual March Madness basketball tournament games in San Antonio, “You’re basically building an arena in a downtown park, providing everything from the festival perimeter to the restrooms to the stage, every piece of infrastructure, generators,” Plaisance says. “You get to build a new arena every year.”
For Plaisance, a native of Southwest Louisiana, a lifelong obsession with live music began when his parents took him to Willie Nelson‘s concert at the 1984 World’s Fair in New Orleans. When the Superdome reopened in 2006, symbolizing the city’s post-Hurricane Katrina rebirth, U2 and Green Day’s performances showed Plaisance “what music can do to a building.”
“I get goosebumps, right now, thinking about that,” he continues. “You see how relevant music is with sports and the crowd. That made an impression on me.”
Fans will have options to see Country Music Hall of Famer George Strait and 11-time Grammy winner Chris Stapleton on the road this summer, as the two have extended their run of stadium shows, adding five concerts for 2025.
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“Burn It Down” hitmaker Parker McCollum will be the special guest on four newly added shows, slated for Philadelphia (set for May 10); Pittsburgh, Pa. (May 31); Buffalo, N.Y. (June 14); and Foxborough, Mass., (June 21), while Little Big Town will be the special guest on a newly added show on July 19 in Inglewood, Calif.
“I keep trying to slow down a bit but you keep calling me back,” Strait said in a statement. “Please don’t ever stop. I still love it just as much as I always have. Thank you for an amazing year last yearand I can’t wait to see you for a few more again this year. Chris will be back and glad to haveLittle Big Town with us in L.A. For the other cities, we’ve added Parker M. to the show whichwill be outstanding. Can’t wait to see you!!”
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Tickets go on sale Friday, Feb. 21, at 10 a.m. local time via Strait’s website. American Expresswill also offer card members access to Amex presale tickets, available for purchase startingThursday, Feb. 20, before the general public onsale.
No doubt, these upcoming shows will see Strait infuse his setlist with some songs from his most recent album, Cowboys & Dreamers. The album also features the Stapleton collaboration “Honky Tonk Hall of Fame.” Meanwhile, Stapleton is fresh off of his latest Grammy win; he picked up best country solo performance for “It Takes a Woman.”
See the full listing of the five new shows below:
George Strait w/ Chris Stapleton and special guest Parker McCollum:
May 10: Philadelphia, Pa. @ Lincoln Financial Field
May 31: Pittsburgh, Pa. @ Acrisure Stadium
June 14: Buffalo, N.Y. @ Highmark Stadium
June 21: Foxborough, Mass. @ Gillette Stadium
George Strait w/ Chris Stapleton & special guest Little Big Town:
July 19: Inglewood, Calif. @ SoFi Stadium
Ye — formerly known as Kanye West — has been dropped by his talent agency 33 & West after the Vultures rapper went on another anti-semitic rant on X. Ye had been with the independent talent agency for about a year before his agent Daniel McCartney took to Instagram Stories on Monday (Feb. 10) to […]
Live Nation has inked a first of its kind sponsorship with Athletic Brewing Company, America’s largest non-alcoholic brewer, for the concert promoter’s large portfolio of venues and marquee festivals including BottleRock in Napa, California and the famed Bonnaroo festival in Manchester, Tenn.
Under the terms of the three-year agreement, Athletic Brewing will serve as the official non-alcoholic beer for the company’s more than 100 venues, including the Wiltern in Los Angeles, the Paramount in Brooklyn and the Gorge Amphitheater, along with a handful of Live Nation festivals
“It’s a new category for beer — there’s domestic, import, craft and now you’ve got non-alcoholic. Our customers want that option and we know plenty of our fans will be choosing something in the non-alcoholic space, which is why we did this deal,” said Jon Landa, svp of national sales at Live Nation. “We’re seeing it across our markets, with health conscious people trying to enjoy other options. It doesn’t mean that it’s all they’re drinking, but it gives those fans a choice at a show or a festival, depending on how they want to start or finish their day.”
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Alcohol sales have slowed in recent years as Generation Z (those born between 1997 and 2012) turns 21 and begins attending concerts — club owner David Slutes with Congress Club in Tuscon, Arizona, told Billboard in 2023 that concerts catering to a younger Gen Z audience saw a 25% dip in alcohol sales compared to those targeting older demographics. The decline — blamed in part on the growing prevalence of cannabis edible products and healthier attitudes about mental and physical well-being — could have a significant impact on a concert venue’s revenue stream.
Since late 2023, Live Nation has worked to diversify the revenue it generates at its bars and restaurants by introducing non-alcoholic options like mocktails. By partnering with the eight-year-old Athletic Brewing Company, Live Nation is teaming up with the country’s fastest-growing non-alcoholic beer maker. Since opening its first brewery in 2018, Athletic has grown to become the 10th largest U.S. craft brewery and 20th largest overall U.S. brewing company, despite only offering nonalcoholic options, according to rankings by the Brewers Association. Athletic holds over 19% market share within nonalcoholic beer and is driving 32% of total nonalcoholic beer category growth, according to NielsenIQ data.
A recent study by Live Nation found that 70% of live music fans saying they want more beverage options at concerts. As part of the agreement, legal drinking age music fans can purchase one of four of Athletic’s most popular brews — Run Wild IPA, Upside Dawn Golden, Free Wave Hazy IPA, and Athletic Lite, with selections varying by venue. While Athletic does offer draft beer options in 30 states, the Live Nation partnership applies only to canned beer drinks.
“There’s a big time intersection between the fan of live music and the fan of Athletic and NA beer,” said Andrew Katz, chief marketing officer at Athletic Brewing Company. “It’s a shared love of live events, a shared love of well being and a shared love of beer. You put those three things together, and it just made sense for us to work together and try and get something done together.”