Live Nation Entertainment reported that live performance attendance jumped by 20% in 2023 — the 12 months world pop sensations Beyoncé and Taylor Swift launched their blockbuster greatest-hits excursions.
The Beverly Hills-based ticket vendor and live performance promoter additionally famous in its newest earnings report that ticket gross sales have been up 30%, with greater than 620 million tickets offered by Ticketmaster bringing in almost $36 billion. In 2023 alone, greater than 145 million individuals attended upwards of fifty,000 dwell occasions, the corporate reported.
All of this has led to the dwell music behemoth rising its income by 36% in 2023 to $22.7 billion, and rising its working revenue by 46% to $1.07 billion.
“The live music industry reached new heights in 2023, and demand for live music continues to build,” mentioned Michael Rapino, chief govt of Live Nation.
Ford pauses transport on Lightning pickup
Ford Motor Co. has paused shipments of the 2024 F-150 Lightning pickup truck as a part of a longer-than-expected high quality test course of.
A spokesperson declined to specify why the standard test is taking so lengthy. The stop-shipment went into impact on Feb. 9 after shipments of the ’24 Lightnings started final month. Despite the maintain, manufacturing of the Lightnings continues on the Rouge Electric Vehicle Center in Dearborn, Michigan.
“We expect to ramp up shipments in the coming weeks as we complete thorough launch quality checks to ensure these new F-150s meet our high standards and delight customers,” the corporate mentioned in a press release Friday despatched by spokesperson Emma Bergg.
Source: www.bostonherald.com”