Live Nation Entertainment, Inc. (LYV) Q1 2025 Earnings Call Transcript

Live Nation Entertainment, Inc. (NYSE:LYV) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET

Company Participants

Amy Yong – Head, IR
Michael Rapino – President & CEO
Joe Berchtold – President & CFO

Conference Call Participants

Brandon Ross – LightShed Partners
David Karnovsky – J.P. Morgan
Stephen Laszczyk – Goldman Sachs
Cameron Mansson-Perrone – Morgan Stanley
Peter Henderson – Bank of America
Benjamin Soff – Deutsche Bank
Kutgun Maral – Evercore ISI
David Joyce – Seaport Research Partners

Operator

Good afternoon. My name is Joe, and I will be your conference operator today. At this time, I would like to welcome everyone to Live Nation’s First Quarter 2025 Earnings Call.

I would now like to turn the call over to Ms. Amy Yong. Thank you, Ms. Yong. You may begin your conference.

Amy Yong

Good afternoon, and welcome to the Live Nation first quarter 2025 earnings conference call. Joining us today is our President and CEO, Michael Rapino, and our President and CFO, Joe Berchtold.

We would like to remind you that this afternoon’s call will contain certain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ, including statements related to the company’s anticipated financial performance, business prospects, new developments in similar matters.

Please refer to Live Nation’s SEC filings, including the Risk Factors and cautionary statements included in the company’s most recent filings on forms 10-K, 10-Q and 8-K for a description of risks and uncertainties that could impact the actual results.

Live Nation will also refer to some non-GAAP measures on this call. In accordance with the SEC Regulation G, Live Nation has provided definitions of these measures and a full reconciliation to the most comparable GAAP measures in our earnings release. The release reconciliation can be found under the Financial Information

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