{"id":60016,"date":"2018-03-01T12:02:00","date_gmt":"2018-02-27T20:33:00","guid":{"rendered":"http:\/\/hispanicprwire.com\/english-live-nation-entertainment-reports-fourth-quarter-and-full-year-2017-results\/"},"modified":"2018-03-01T13:04:27","modified_gmt":"2018-03-01T17:04:27","slug":"live-nation-entertainment-informa-resultados-del-cuarto-trimestre-y-del-ejercicio-del-ano-2017","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/live-nation-entertainment-informa-resultados-del-cuarto-trimestre-y-del-ejercicio-del-ano-2017\/","title":{"rendered":"Live Nation Entertainment Reports Fourth Quarter And Full Year 2017 Results"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen35{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen54{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen31{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prngen39{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.67em\n}\n.prngen7{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.83em\n}\n.prngen20{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen48{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen44{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen14{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen34{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen33{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen40{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prngen46{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen9{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.33em\n}\n.prngen21{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:5.00em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen36{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen19{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:2.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen18{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:1.67em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen15{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.33em\n}\n.prngen6{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.83em\n}\n.prngen51{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:1.67em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prngen16{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen22{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen42{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen25{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen55{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.83em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen26{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen30{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen5{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen37{\nBORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen11{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.83em\n}\n.prngen27{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prngen8{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.83em\n}\n.prngen17{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen12{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen32{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.67em\n}\n.prngen10{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.83em\n}\n.prngen13{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.33em\n}\n.prngen38{\nBORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen47{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen4{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prnrbrs{\nBORDER-RIGHT:black 1pt solid\n}\n.prnsbt1{\nBORDER-TOP:1pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnsbls{\nBORDER-LEFT:black 1pt solid\n}\n.prnpl20{\nPADDING-LEFT:1.67em\n}\n.prnsbb1{\nBORDER-BOTTOM:1pt\n}\n.prnsbts{\nBORDER-TOP:black 1pt solid\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnsbr1{\nBORDER-RIGHT:1pt\n}\n.prnpr8{\nPADDING-RIGHT:0.67em\n}\n.prnsbbd{\nBORDER-BOTTOM:black 2pt double\n}\n.prnsbtb0{\nBORDER-BOTTOM:black 0pt\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnsbl1{\nBORDER-LEFT:1pt\n}\n.prnml10{\nMARGIN-LEFT:0.83em\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">LOS ANGELES<\/span>, <span class=\"xn-chron\">Feb. 27, 2018<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; <\/p>\n<p><b><u style=\"text-underline: black\">Full Year 2017 &#8211; Another Record Year for Live Nation<\/u><\/b> <\/p>\n<ul type=\"disc\">\n<li>\u009f<b>Revenue Up 24% to <span class=\"xn-money\">$10.3 Billion<\/span><\/b>\n<\/li>\n<li>\u009f<b>Live Nation Concerts Attendance of 86 Million, Up 21%<\/b>\n<\/li>\n<li>\u009f<b>Ticketmaster Fee-Bearing GTV Up 15% and Secondary GTV Up 16%<\/b>\n<\/li>\n<li>\u009f<b>Sponsorship &amp; Advertising Revenue Up 18%<\/b>\n<\/li>\n<li>\u009f<b>Event-Related Deferred Revenue Up 13% to <span class=\"xn-money\">$816 Million<\/span> as of <span class=\"xn-chron\">December 31<\/span><\/b> <\/li>\n<\/ul>\n<p><b><u style=\"text-underline: black\">2018 Indicators (as of Mid-February)<\/u><\/b> <\/p>\n<ul type=\"disc\">\n<li>\u009f<b>Confirmed Concerts Show Count Up 7% Year-Over-Year<\/b>\n<\/li>\n<li>\u009f<b>On-Site Spending at Amphitheaters Expected to Grow Additional <span class=\"xn-money\">$2<\/span> <span class=\"xn-person\">Per Fan<\/span><\/b>\n<\/li>\n<li>\u009f<b>Sponsorship &amp; Advertising Committed Net Revenue at 70% of 2018 Projections<\/b> <\/li>\n<\/ul>\n<p>Live Nation Entertainment (NYSE: LYV) today released financial results for the three months and full year ended December\u00a031, 2017.\u00a0 <\/p>\n<p>Live Nation delivered its seventh consecutive year of record results, with revenue growth across all our divisions &#8211; concerts, sponsorship and ticketing.\u00a0 We continue to see the tremendous power of live events, with strong consumer demand and a robust supply of new and established artists hitting the road from clubs to stadiums.\u00a0 Live is truly a unique entertainment form; it cannot be duplicated and creates lifetime memories that fans are craving more than ever in this experience economy.<\/p>\n<p>We believe the live business will continue to have strong growth for years to come as fans globally drive demand, artists are touring more, and sponsorship and ticketing benefit from the concerts flywheel.<\/p>\n<p><b>Concerts Market Share Expansion Continued in 2017<\/b><\/p>\n<p>Live Nation continued to grow its global market share in 2017, adding 15 million fans globally for a total of almost 86 million fans, driving concerts revenue up 26%.<\/p>\n<p>Across all of the artists we work with, we invested <span class=\"xn-money\">$5.6 billion<\/span> to promote 30,000 shows in 40 countries, with Live Nation by far the largest financial supporter of artists in music.\u00a0 Fans, more than ever, find the live experience, from club shows to arenas to festivals, a top entertainment choice and the best way to celebrate their favorite artists and share the experience with other fans.\u00a0 In <span class=\"xn-location\">the United States<\/span> alone, over the past 10 years consumer spending on experiences has grown <span class=\"xn-money\">$5 billion<\/span> per year, and we believe this trend will continue driving a structural increase in demand for concerts globally.\u00a0 In 2017, we built on our leadership position across our business, with double-digit fan growth in both <span class=\"xn-location\">North America<\/span> and internationally, and across arenas, stadiums, festivals, and theaters and clubs.<\/p>\n<p>In addition to growing our show count and attendance, our pricing and on-site initiatives also continue to improve our results.\u00a0 Average ticket prices for our shows increased by 5% in 2017, amounting to over <span class=\"xn-money\">$250 million<\/span> additional revenue as artists more effectively captured the true value from their shows.\u00a0 Once at the show, average per-fan spending grew as well.\u00a0 At our amphitheaters, this spending grew by 9% to over <span class=\"xn-money\">$24<\/span> per head as we added more high-end products, improved the quality of our food and beverage offering and increased points of sale.<\/p>\n<p>The strength of our business is continuing into 2018 with confirmed arena, amphitheater and stadium shows through <span class=\"xn-chron\">February 19<\/span><sup>th<\/sup> up 7% compared to this time last year.\u00a0 Overall, we expect a very strong year across our amphitheaters, arenas and festivals, with some decline in stadium show count on a year-over-year basis.\u00a0 Given our plans to further monetize our fan relationships, I expect this will translate into continued strong growth in concerts operating results in 2018.<\/p>\n<p><b>Sponsorship Continued Strong Growth in 2017<\/b><\/p>\n<p>In our high-margin sponsorship division, we grew our revenue by 18% in 2017.\u00a0 Throughout the year, our top strategic sponsors have been a key driver of our growth, as our 50-plus sponsors that spend over <span class=\"xn-money\">$1 million<\/span> per year with us collectively spent <span class=\"xn-money\">$285 million<\/span> to reach our fans, up 19% from last year.\u00a0 Sponsorship revenue at our festivals grew 20%, driven by our new deals with brands including American Express, American Eagle, Samsung and Amazon Web Services.<\/p>\n<p>All of this reinforces the power of our platform of 86 million fans, and the continued shift by brands to invest in the live experience.\u00a0 Our research indicates that 90% of brands think that Live Nation can help them reach millennials, and almost 70% of fans say they are more likely to be receptive to brand messaging at concerts.<\/p>\n<p>With over 70% of budgeted sponsorship revenue for the year already committed, we are confident that we will again deliver double-digit growth in operating results for 2018.<\/p>\n<p><b>Ticketmaster Extends Global Leadership Position<\/b><\/p>\n<p>Ticketmaster continued growing its leadership position in ticketing in 2017, with fee-bearing gross transaction value, or GTV, up 15% and total platform GTV of <span class=\"xn-money\">$30 billion<\/span>, delivering 500 million tickets to fans in 29 countries and a 17% increase in ticketing revenue.<\/p>\n<p>The Ticketmaster platform continues to demonstrate its effectiveness in selling tickets to fans, with the fourth quarter being our top quarter ever, selling over 50 million fee-bearing tickets which delivered over <span class=\"xn-money\">$4.5 billion<\/span> in GTV.<\/p>\n<p>Our number one priority at Ticketmaster in 2017 was building products to better serve the artist community.\u00a0 Music has accounted for about 80% of Ticketmaster&#8217;s GTV growth in recent years, making it imperative for us to extend our focus from venues to those artists who are filling the venues.<\/p>\n<p>First among those product successes last year was Verified Fan, a key step in giving artists greater control over how their tickets are sold.\u00a0 Throughout the year, we worked with over 80 artist campaigns on Verified Fan, selling three million tickets and saving fans over <span class=\"xn-money\">$100 million<\/span> relative to what they would have spent on the secondary market to buy these tickets.\u00a0 As we look toward 2018, it will continue to be a top priority to evolve Verified Fan, while also building out a full suite of services that give artists greater control over how their tickets are priced and distributed.<\/p>\n<p>At the same time, we have also continued to improve our marketplace, already by far the largest ticketing marketplace in the world.\u00a0 We remain focused on building the inventory available to fans, adding new clients and expanding our secondary listings.\u00a0 The addition of third-party events enabled Ticketmaster in <span class=\"xn-location\">North America<\/span> to increase the number of events for which it sold tickets in 2017 by over 25%, and further reinforced our marketplace as the one-stop solution for fans needing tickets.<\/p>\n<p>Collectively, these improvements drove Ticketmaster&#8217;s success in 2017, and this success is continuing into 2018, as ticket sales are up 5% through <span class=\"xn-chron\">February 19<\/span><sup>th<\/sup>. We believe this positions us for another year of growth.<\/p>\n<p><b>2018 Growth Drivers<\/b><\/p>\n<p>In 2017, we again delivered strong growth through our flywheel strategy &#8211; growing our global concerts business, and thereby driving growth in our high-margin on-site, sponsorship and ticketing businesses.\u00a0 This strategy has consistently delivered results for several years now, creating shareholder value through increasing operating results and cash flow growth as we have continued expanding our global business.<\/p>\n<p>The combination of macro trends and our demonstrated ability to execute provide great confidence in our ability to grow the business for many years to come.\u00a0 In 2018, I expect us to further consolidate our global concerts position while enhancing our on-site hospitality business and capturing additional pricing opportunities.<\/p>\n<p>We believe that our sponsorship business will continue driving double-digit growth as more brands look for that direct connection with music fans.\u00a0 And a more effective Ticketmaster marketplace, along with further alignment with artists, should continue to build on Ticketmaster&#8217;s success.<\/p>\n<p><span class=\"xn-person\">Michael Rapino<\/span><br \/>President and Chief Executive Officer<br \/>Live Nation Entertainment, Inc.<\/p>\n<p>The company will webcast a teleconference today at <span class=\"xn-chron\">5:00 p.m. Eastern Time<\/span> to discuss its financial performance.\u00a0 Interested parties should visit the Events &amp; Webcasts section of the company&#8217;s website at <i><u style=\"text-underline: #0033FF\"><i><a target=\"_blank\" href=\"http:\/\/investors.livenationentertainment.com\/\" rel=\"nofollow\">investors.livenationentertainment.com<\/a><\/i><\/u><\/i>\u00a0to listen to the webcast.\u00a0 Supplemental statistical and financial information to be provided on the call, if any, will be available under the Reports section at the same link.\u00a0 A replay of the webcast will also be available on the Live Nation website.<\/p>\n<p><b>Notice Regarding Financial Statements<\/b><\/p>\n<p>The company has provided certain financial statements at the end of this press release for reference.\u00a0 These financial statements should be read in conjunction with the full financial statements, and the notes thereto, set forth in the company&#8217;s Annual Report on Form 10-K filed with the Securities and Exchange Commission today and available on the SEC&#8217;s website at <i><u style=\"text-underline: #0033FF\"><i><a target=\"_blank\" href=\"https:\/\/www.sec.gov\/\" rel=\"nofollow\">sec.gov<\/a><\/i><\/u><\/i>.<\/p>\n<p><b>About Live Nation Entertainment:<\/b><\/p>\n<p>Live Nation Entertainment, Inc. (NYSE: LYV) is the world&#8217;s leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media &amp; Sponsorship.\u00a0 For additional information, visit <i><u style=\"text-underline: #0033FF\"><i><a target=\"_blank\" href=\"http:\/\/investors.livenationentertainment.com\/\" rel=\"nofollow\">investors.livenationentertainment.com<\/a><\/i><\/u><\/i>.<\/p>\n<p>\u00a0<\/p>\n<div>\n<table id=\"convertedTable7bac\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td colspan=\"18\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>FINANCIAL HIGHLIGHTS \u2013 4th QUARTER<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"18\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(unaudited; $ in millions)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"18\" class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Q4 2017<br \/>Reported<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Q4 2016<br \/>Reported<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Growth<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Q4 2017<br \/>Constant<br \/>Currency<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Growth at<br \/>Constant<br \/>Currency<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Revenue<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Concerts<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,839.6<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,203.0<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">53%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,803.5<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">50%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Sponsorship &amp; Advertising<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">98.6<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">88.7<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">96.6<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Ticketing<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">633.2<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">522.4<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">622.5<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">19%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Other &amp; Eliminations<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(25.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(16.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(53%)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(25.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(53%)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,546.2<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,797.6<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">42%<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,497.4<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">39%<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Operating Income (Loss)**<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Concerts<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(139.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(77.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(80%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(138.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(79%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Sponsorship &amp; Advertising<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">48.0<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">48.2<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">46.8<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Ticketing<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(61.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">39.1<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">*<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(62.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">*<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Other &amp; Eliminations<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(78%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(78%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(39.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(41.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(39.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(202.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(37.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">*<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(203.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">*<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted Operating Income (Loss)**<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Concerts<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(35.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(23.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(54%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(37.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(61%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Sponsorship &amp; Advertising<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">56.5<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">52.9<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55.3<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Ticketing<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">94.0<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">*<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">*<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Other &amp; Eliminations<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(11.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">*<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(11.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">*<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(32.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(35.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(32.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(22.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">82.9<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">*<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(27.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">*<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<div>\n<table id=\"convertedTable76ff\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>* percentages are not meaningful<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>** The company accrued $110 million in the fourth quarter of 2017 in connection with a legal settlement entered into in January 2018 that reduced operating income and adjusted operating income for both the Ticketing segment and the consolidated results.<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<div>\n<table id=\"convertedTable528f\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td colspan=\"18\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>FINANCIAL HIGHLIGHTS \u2013 12 MONTHS<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"18\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(unaudited; $ in millions)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"18\" class=\"prngen3\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>12 Months<br \/>2017<br \/>Reported<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>12 Months<br \/>2016<br \/>Reported<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Growth<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>12 Months<br \/>2017<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Constant<br \/>Currency<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Growth at<br \/>Constant<br \/>Currency<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Revenue<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Concerts<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,892.1<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,283.5<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">26%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,869.1<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">25%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Sponsorship &amp; Advertising<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">445.1<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">377.6<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">444.0<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Ticketing<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,143.8<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,827.9<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,139.8<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Other &amp; Eliminations<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(143.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(134.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(7%)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(143.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(7%)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,337.4<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8,354.9<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24%<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,309.3<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">23%<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Operating Income (Loss)**<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Concerts<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(93.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(63.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(48%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(96.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(53%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Sponsorship &amp; Advertising<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">251.5<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">228.1<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">251.0<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Ticketing<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">90.9<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">174.5<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(48%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">87.1<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(50%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Other &amp; Eliminations<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(17.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(14.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(18%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(17.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(18%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(140.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(129.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(8%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(140.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(8%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">91.4<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">194.9<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(53%)<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">84.1<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(57%)<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted Operating Income (Loss)**<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"3\" class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Concerts<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">185.0<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">149.1<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">181.0<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Sponsorship &amp; Advertising<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">280.5<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">247.6<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">280.0<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Ticketing<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">297.9<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">365.3<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(18%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">294.5<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(19%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Other &amp; Eliminations<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(21.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(13.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(55%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(21.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(55%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(116.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(108.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(8%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td colspan=\"2\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(116.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(8%)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">625.1<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">640.1<\/span><\/p>\n<\/td>\n<td class=\"prngen10\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2%)<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">617.2<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4%)<\/span><\/p>\n<\/td>\n<td class=\"prngen11\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<div>\n<table id=\"convertedTable763e\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>** The company accrued $110 million in the fourth quarter of 2017 in connection with a legal settlement entered into in January 2018 that reduced operating income and adjusted operating income for both the Ticketing segment and the consolidated results.<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<ul type=\"disc\">\n<li>As of <span class=\"xn-chron\">December 31, 2017<\/span>, total cash and cash equivalents were <span class=\"xn-money\">$1.8 billion<\/span>, which includes <span class=\"xn-money\">$769 million<\/span> in ticketing client cash and <span class=\"xn-money\">$448 million<\/span> in free cash.\n<\/li>\n<li>Event-related deferred revenue was <span class=\"xn-money\">$816 million<\/span> as of <span class=\"xn-chron\">December 31, 2017<\/span>, compared to <span class=\"xn-money\">$722 million<\/span> as of the same date in 2016.\n<\/li>\n<li>For the quarter ended <span class=\"xn-chron\">December 31, 2017<\/span>, net cash provided by operating activities was <span class=\"xn-money\">$206 million<\/span> and free cash flow \u2014 adjusted was <span class=\"xn-money\">$(99) million<\/span> (which would have been <span class=\"xn-money\">$11 million<\/span> without the negative impact of a <span class=\"xn-money\">$110 million<\/span> legal settlement).\n<\/li>\n<li>We currently expect capital expenditures for the full year 2018 to be approximately <span class=\"xn-money\">$250 million<\/span>, with approximately 50% to be revenue generating capital expenditures.\n<\/li>\n<li>We currently expect the amortization of nonrecoupable ticketing contract advances for the full year 2018 to be approximately in line with the total amount in 2017. <\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<div>\n<table id=\"convertedTable4f49\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td colspan=\"9\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>KEY OPERATING METRICS<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\"><\/td>\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year Ended December 31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\"><\/td>\n<td colspan=\"2\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2017<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen17\"><\/td>\n<td colspan=\"2\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2016<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen17\"><\/td>\n<td colspan=\"2\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2015<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\"><\/td>\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(in thousands except estimated events)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Concerts <sup>(1)<\/sup><\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Estimated events:<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">North America<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">19,933<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,554<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,846<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">International<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9,643<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8,708<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8,665<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total estimated events<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">29,576<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">26,262<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">25,511<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Estimated fans:<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">North America<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">54,868<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">48,611<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">43,622<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">International<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">31,038<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22,330<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">19,704<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total estimated fans<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">85,906<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">70,941<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">63,326<\/span><\/p>\n<\/td>\n<td class=\"prngen20\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Ticketing <sup>(2)<\/sup><\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td colspan=\"2\" class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Number of fee-bearing tickets sold<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">205,704<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">187,094<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">175,334<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Number of non-fee-bearing tickets sold<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">292,242<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">297,766<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">297,087<\/span><\/p>\n<\/td>\n<td class=\"prngen7\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total tickets sold<\/span><\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">497,946<\/span><\/p>\n<\/td>\n<td class=\"prngen22\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">484,860<\/span><\/p>\n<\/td>\n<td class=\"prngen22\"><\/td>\n<td class=\"prngen7\"><\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">472,421<\/span><\/p>\n<\/td>\n<td class=\"prngen22\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<div>\n<table id=\"convertedTable2a42\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvat prnsbb1 prntar prnpl6 prnsbl1 prnpr8\"><\/td>\n<td class=\"prnsbt1 prnsbr1 prnvat prnsbb1 prnpl6 prnsbl1 prnpr8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1)<\/span><\/p>\n<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Events generally represent a single performance by an artist.\u00a0 Fans generally represent the number of people who attend an event.\u00a0 Festivals are counted as one event in the quarter in which the festival begins, but the number of fans is based on the days the fans were present at the festival and thus can be reported across multiple quarters.\u00a0 Events and fan attendance metrics are estimated each quarter.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen25\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2)<\/span><\/p>\n<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">The number of fee-bearing tickets sold includes primary and secondary tickets that are sold using our Ticketmaster systems or that we issue through affiliates.\u00a0 This metric includes primary tickets sold during the period regardless of event timing, except for our own events where our concert promoters control ticketing and which are reported as the events occur.\u00a0 The non-fee-bearing tickets sold reported above includes primary tickets sold using our Ticketmaster systems, through season seat packages and our venue clients&#8217; box offices, along with tickets sold on our &#8216;do it yourself&#8217; platform.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p><b>Reconciliation of Certain Non-GAAP Measures to Their Most Directly Comparable GAAP Measures (Unaudited)<\/b><\/p>\n<p><b><i>Reconciliation of Free Cash Flow \u2014 <\/i><\/b><b><i>Adjusted to Net Cash Provided by Operating Activities<\/i><\/b><\/p>\n<p\/>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>($ in millions)<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prnsbts prnrbrb0 prnvab prnsbtb0 prntac prnpl6 prnsblb0 prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Q4 2017<\/b><\/span><\/p>\n<\/td>\n<td class=\"prnsbts prnrbrb0 prnvab prnsbtb0 prntac prnpl6 prnsblb0 prnpr8\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen30\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Q4 2016<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net cash provided by operating activities<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>205.7<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>478.0<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen35\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Changes in operating assets and liabilities (working capital)<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(250.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(422.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen37\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Free cash flow from earnings<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(45.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55.5<\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Less: Maintenance capital expenditures<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(31.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(33.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Distributions to noncontrolling interests<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(23.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(29.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen37\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Free cash flow \u2014 adjusted<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(99.3)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(8.0)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen39\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net cash used in investing activities<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(92.1)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(166.3)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen39\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen40\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net cash provided by (used in) financing activities<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(101.4)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>208.9<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen37\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbts prnsbr1 prnvab prnsbb1 prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>($ in millions)<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>12 Months<br \/>2017<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prnsbts prnrbrs prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>12 Months<br \/>2016<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net cash provided by operating activities<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>623.0<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>597.5<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen35\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Changes in operating assets and liabilities (working capital)<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(129.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(82.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen37\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Free cash flow from earnings<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">494.0<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">515.3<\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Less: Maintenance capital expenditures<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(113.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(92.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Distributions to noncontrolling interests<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(46.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(55.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen37\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Free cash flow \u2014 adjusted<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>334.4<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>368.1<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen39\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net cash used in investing activities<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(327.6)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(426.5)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen39\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen40\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net cash provided by (used in) financing activities<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(127.1)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>$<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>99.2<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen37\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p\/>\n<p><b><i>Reconciliation of Cash and Cash Equivalents to Free Cash<\/i><\/b><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>($ in millions)<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen32\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen30\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December 31,<br \/>\u00a02017<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,825.3<\/span><\/p>\n<\/td>\n<td class=\"prngen35\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Client cash<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(769.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deferred revenue \u2014 event-related<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(816.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accrued artist fees<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(41.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Collections on behalf of others<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(48.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Prepaids related to artist settlements\/events<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">297.2<\/span><\/p>\n<\/td>\n<td class=\"prngen37\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen40\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u00a0\u00a0 Free cash<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">447.8<\/span><\/p>\n<\/td>\n<td class=\"prngen37\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p><b>Forward-Looking Statements, Non-GAAP Financial Measures and Reconciliations:<\/b><\/p>\n<p>Certain statements in this press release constitute &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements regarding the expected growth of an additional <span class=\"xn-money\">$2<\/span> per fan in on-site spending at the company&#8217;s amphitheaters in 2018; the growth prospects of the live business for years to come; expectations for a strong 2018 across the company&#8217;s amphitheaters, arenas and festivals, with some anticipated decline in stadium show count on a year-over-year basis, and continued strong growth in concerts operating results expected in 2018; anticipated double-digit growth in the operating results of the company&#8217;s sponsorship and advertising business in 2018; anticipated growth in the company&#8217;s ticketing business in 2018; and the company&#8217;s anticipated ability to grow its business for many years to come while continuing further consolidation of its global concerts position.\u00a0 Live Nation wishes to caution you that there are some known and unknown factors that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements, including but not limited to operational challenges in achieving strategic objectives and executing on the company&#8217;s plans, the risk that the company&#8217;s markets do not evolve as anticipated, the potential impact of any economic slowdown and operational challenges associated with selling tickets and staging events.<\/p>\n<p>Live Nation refers you to the documents it files from time to time with the U.S. Securities and Exchange Commission, or SEC, specifically the section titled &#8220;Item 1A. Risk Factors&#8221; of the company&#8217;s most recent Annual Report filed on Form 10-K, and Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K, which contain and identify other important factors that could cause actual results to differ materially from those contained in the company&#8217;s projections or forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date on which they are made. All subsequent written and oral forward-looking statements by or concerning Live Nation are expressly qualified in their entirety by the cautionary statements above. Live Nation does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.<\/p>\n<p>This press release contains certain non-GAAP financial measures as defined by SEC Regulation G. A reconciliation of each such measure to its most directly comparable GAAP financial measure, together with an explanation of why management believes that these non-GAAP financial measures provide useful information to investors, is provided herein.<\/p>\n<p><u style=\"text-underline: black\">Adjusted Operating Income (Loss)<\/u>, or AOI, is a non-GAAP financial measure that the company defines as operating income (loss) before acquisition expenses (including transaction costs, changes in the fair value of accrued acquisition-related contingent consideration obligations, and acquisition-related severance and compensation), depreciation and amortization (including goodwill impairment), loss (gain) on disposal of operating assets and certain stock-based compensation expense. The company uses AOI to evaluate the performance of its operating segments. The company believes that information about AOI assists investors by allowing them to evaluate changes in the operating results of the portfolio of the businesses separate from non-operational factors that affect net income (loss), thus providing insights into both operations and the other factors that affect reported results. AOI is not calculated or presented in accordance with GAAP.\u00a0 A limitation of the use of AOI as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in the company&#8217;s business. Accordingly, AOI should be considered in addition to, and not as a substitute for, operating income (loss), net income (loss), and other measures of financial performance reported in accordance with GAAP.\u00a0 Furthermore, this measure may vary among other companies; thus, AOI as presented herein may not be comparable to similarly titled measures of other companies.<\/p>\n<p><u style=\"text-underline: black\">Constant Currency<\/u>\u00a0is a non-GAAP financial measure. The company calculates currency impacts as the difference between current period activity translated using the current period&#8217;s currency exchange rates and the comparable prior period&#8217;s currency exchange rates. The company presents constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations.<\/p>\n<p><u style=\"text-underline: black\">Free Cash Flow \u2014 Adjusted<\/u>, or FCF, is a non-GAAP financial measure that the company defines as net cash provided by (used in) operating activities less changes in operating assets and liabilities, less maintenance capital expenditures, less distributions to noncontrolling interest partners. The company uses FCF among other measures, to evaluate the ability of its operations to generate cash that is available for purposes other than maintenance capital expenditures. The company believes that information about FCF provides investors with an important perspective on the cash available to service debt, make acquisitions, and for revenue generating capital expenditures. FCF is not calculated or presented in accordance with GAAP. A limitation of the use of FCF as a performance measure is that it does not necessarily represent funds available for operations and is not necessarily a measure of the company&#8217;s ability to fund its cash needs. Accordingly, FCF should be considered in addition to, and not as a substitute for, net cash provided by (used in) operating activities and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, FCF as presented herein may not be comparable to similarly titled measures of other companies.<\/p>\n<p><u style=\"text-underline: black\">Free Cash<\/u> is a non-GAAP financial measure that the company defines as cash and cash equivalents less ticketing-related client funds, less event-related deferred revenue, less accrued expenses due to artists and cash collected on behalf of others, plus event-related prepaids. The company uses free cash as a proxy for how much cash it has available to, among other things, optionally repay debt balances, make acquisitions and fund revenue generating capital expenditures. Free cash is not calculated or presented in accordance with GAAP. A limitation of the use of free cash as a performance measure is that it does not necessarily represent funds available from operations and it is not necessarily a measure of our ability to fund our cash needs. Accordingly, free cash should be considered in addition to, and not as a substitute for, cash and cash equivalents and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, free cash as presented herein may not be comparable to similarly titled measures of other companies.<\/p>\n<div>\n<table id=\"convertedTable4620\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td colspan=\"32\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Reconciliations of Non-GAAP Measures to Their Most Directly Comparable GAAP Measures (Unaudited)<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"32\" class=\"prngen44\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"32\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b><i><u style=\"text-underline: black\">Reconciliation of Adjusted Operating Income (Loss) to Operating Income (Loss)<\/u><\/i><\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"32\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prntal prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b><i>($ in millions)<\/i><\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Operating<br \/>income<br \/>(loss)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Stock-based<br \/>compensation<br \/>expense<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Loss (gain)<br \/>on disposal<br \/>of operating<br \/>assets<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Depreciation<br \/>and<\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>amortization<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Acquisition<br \/>expenses<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted<br \/>operating<br \/>income<br \/>(loss)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Foreign<br \/>exchange<br \/>impact<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted<br \/>operating<br \/>income<br \/>(loss)<br \/>constant<br \/>currency<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"31\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended December 31, 2017<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Concerts<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(139.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12.3<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">81.4<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10.9<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(35.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(37.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Sponsorship &amp; Advertising<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">48.0<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.3<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8.2<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">56.5<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55.3<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Ticketing<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(61.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">59.9<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other and Eliminations<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(11.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(11.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(39.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.8<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(32.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(32.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u00a0\u00a0\u00a0 Total Live Nation<\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(202.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18.8<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">149.8<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11.1<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(22.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(27.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"31\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended December 31, 2016<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Concerts<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(77.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.9<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">48.8<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3.7<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(23.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(23.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Sponsorship &amp; Advertising<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">48.2<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.3<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4.4<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">52.9<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">52.9<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Ticketing<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">39.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.4<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">53.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.4<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">94.0<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">94.0<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other and Eliminations<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(41.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3.8<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.9<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(35.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(35.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u00a0\u00a0\u00a0 Total Live Nation<\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(37.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7.5<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.1<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">108.4<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4.1<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">82.9<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">82.9<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"31\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Twelve Months Ended December 31, 2017<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Concerts<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(93.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18.9<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">226.3<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">34.5<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">185.0<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">181.0<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Sponsorship &amp; Advertising<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">251.5<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.3<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">27.7<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">280.5<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">280.0<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Ticketing<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">90.9<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4.2<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">200.8<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2.0<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">297.9<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">294.5<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other and Eliminations<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(17.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(21.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(21.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(140.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18.4<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5.0<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(116.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(116.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u00a0\u00a0\u00a0 Total Live Nation<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">91.4<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">42.8<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">455.5<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">36.5<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">625.1<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(7.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">617.2<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"31\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Twelve Months Ended December 31, 2016<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Concerts<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(63.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10.5<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">194.7<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7.3<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">149.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">149.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Sponsorship &amp; Advertising<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">228.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.3<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18.2<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">247.6<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">247.6<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Ticketing<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">174.5<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3.7<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">185.9<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">365.3<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">365.3<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other and Eliminations<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(14.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.4<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(13.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(13.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Corporate<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(129.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17.0<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4.5<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.1<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(108.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(108.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u00a0\u00a0\u00a0 Total Live Nation<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">194.9<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">32.7<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.1<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">403.7<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8.7<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">640.1<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">640.1<\/span><\/p>\n<\/td>\n<td class=\"prngen47\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<div>\n<table id=\"convertedTablea273\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td colspan=\"8\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>LIVE NATION ENTERTAINMENT, INC.<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>CONSOLIDATED BALANCE SHEETS<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen44\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"7\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" class=\"prngen48\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2017<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td colspan=\"3\" class=\"prngen48\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2016<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"7\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(in thousands, except share data)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>ASSETS<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"7\" class=\"prngen44\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Current assets<\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,825,322<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,526,591<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts receivable, less allowance of $32,755 and $29,634 in 2017 and 2016, respectively<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">725,304<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">568,936<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Prepaid expenses<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">546,713<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">528,250<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other current assets<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55,403<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">49,774<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Total current assets<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,152,742<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,673,551<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Property, plant and equipment<\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Land, buildings and improvements<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">955,937<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">838,545<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Computer equipment and capitalized software<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">610,924<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">524,571<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Furniture and other equipment<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">312,962<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">256,765<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Construction in progress<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">133,906<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">125,430<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,013,729<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,745,311<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Less accumulated depreciation<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,127,793<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">993,775<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">885,936<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">751,536<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Intangible assets<\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Definite-lived intangible assets, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">729,265<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">812,031<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Indefinite-lived intangible assets<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">369,023<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">368,766<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Goodwill<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,754,589<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,747,088<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other long-term assets<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">612,708<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">411,294<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Total assets<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,504,263<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,764,266<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>LIABILITIES AND EQUITY<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Current liabilities<\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts payable, client accounts<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">948,637<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">726,475<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts payable<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">85,666<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">55,030<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accrued expenses<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,109,246<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">781,494<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deferred revenue<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">925,220<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">804,973<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Current portion of long-term debt, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">347,593<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">53,317<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other current liabilities<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">160,638<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">39,055<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Total current liabilities<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,577,000<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,460,344<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Long-term debt, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,952,366<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,259,736<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Long-term deferred income taxes<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">137,635<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">197,811<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other long-term liabilities<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">174,391<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">149,791<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Commitments and contingent liabilities<\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Redeemable noncontrolling interests<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">244,727<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">347,068<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Stockholders&#8217; equity<\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Preferred stock\u2014Series A Junior Participating, $.01 par value; 20,000,000 shares authorized; no shares issued and outstanding<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Preferred stock, $.01 par value; 30,000,000 shares authorized; no shares issued and outstanding<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Common stock, $.01 par value; 450,000,000 shares authorized; 208,483,993 and 204,475,849 shares issued and 208,075,969 and 204,067,825 shares outstanding in 2017 and 2016, respectively<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,069<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,034<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Additional paid-in capital<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,374,006<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,381,011<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accumulated deficit<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,079,472)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,073,457)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cost of shares held in treasury (408,024 shares)<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6,865)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6,865)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accumulated other comprehensive loss<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(108,542)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(176,707)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Total Live Nation stockholders&#8217; equity<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,181,196<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,126,016<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Noncontrolling interests<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">236,948<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">223,500<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Total equity<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,418,144<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,349,516<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Total liabilities and equity<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,504,263<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,764,266<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<div>\n<table id=\"convertedTable260d\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td colspan=\"13\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>LIVE NATION ENTERTAINMENT, INC.<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"13\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>CONSOLIDATED STATEMENTS OF OPERATIONS<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"13\" class=\"prngen44\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen44\"><\/td>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year Ended December 31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen44\"><\/td>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" class=\"prngen48\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2017<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td colspan=\"3\" class=\"prngen48\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2016<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td colspan=\"3\" class=\"prngen48\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2015<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"12\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(in thousands except share and per share data)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,337,448<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8,354,934<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,245,731<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating expenses:<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Direct operating expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,748,791<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,082,708<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,196,473<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Selling, general and administrative expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,907,723<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,548,450<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,411,855<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">455,534<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">403,651<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">397,241<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Loss (gain) on disposal of operating assets<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(969)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">124<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">845<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Corporate expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">134,972<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">125,061<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">107,945<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">91,397<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">194,940<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">131,372<\/span><\/p>\n<\/td>\n<td class=\"prngen33\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest expense<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">106,722<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">106,506<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">102,881<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Loss on extinguishment of debt<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,048<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,049<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest income<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,717)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,573)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3,528)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Equity in losses (earnings) of nonconsolidated affiliates<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,161)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,802<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,502)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other expense (income), net<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(115)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,830<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">27,168<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income (loss) before income taxes<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9,380)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">48,326<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,353<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income tax expense (benefit)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(17,154)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">28,029<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22,122<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income (loss)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,774<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,297<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(15,769)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income attributable to noncontrolling interests<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,789<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17,355<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,739<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income (loss) attributable to common stockholders of Live Nation<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6,015)<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,942<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(32,508)<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Basic and diluted net loss per common share available to common stockholders of Live Nation<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.48)<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.23)<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.33)<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Weighted average common shares outstanding:<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Basic and diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">204,923,740<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">202,076,243<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">200,973,485<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prntar prnpl20 prnsbl1 prnpr8\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbts prnsbr1 prnvab prnsbb1 prntar prnpl20 prnsbls prnpr8\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"3\" class=\"prngen35\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Reconciliation to net income (loss) available to common stockholders of Live Nation:<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen51\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income (loss) attributable to common stockholders of Live Nation<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6,015)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,942<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(32,508)<\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen51\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accretion of redeemable noncontrolling interests<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(91,631)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(49,952)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(33,179)<\/span><\/p>\n<\/td>\n<td class=\"prngen37\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Basic and diluted net loss available to common stockholders of Live Nation<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(97,646)<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(47,010)<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(65,687)<\/span><\/p>\n<\/td>\n<td class=\"prnsbt1 prnrbrs prnvab prnsbbd prntar prnpl6 prnsbl1 prnpr8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbbs prntar prnpl20 prnsbls prnpr8\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td colspan=\"3\" class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td colspan=\"3\" class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td colspan=\"3\" class=\"prngen37\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<div>\n<table id=\"convertedTable5932\" cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td colspan=\"12\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>LIVE NATION ENTERTAINMENT, INC.<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"12\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>CONSOLIDATED STATEMENTS OF CASH FLOWS<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"12\" class=\"prngen44\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year Ended December 31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" class=\"prngen48\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2017<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td colspan=\"3\" class=\"prngen48\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2016<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td colspan=\"3\" class=\"prngen48\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2015<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(in thousands)<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>CASH FLOWS FROM OPERATING ACTIVITIES<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income (loss)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,774<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,297<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(15,769)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Reconciling items:<\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Depreciation<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">149,634<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">139,288<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">134,148<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Amortization<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">305,900<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">264,363<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">263,093<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deferred income tax benefit<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(71,539)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(7,891)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9,611)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Amortization of debt issuance costs, discounts and premium, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,174<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12,594<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,885<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Provision for uncollectible accounts receivable and advances<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,295<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21,681<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">19,505<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Loss on extinguishment of debt<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,048<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,049<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Non-cash compensation expense<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">42,755<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">32,723<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">33,361<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Unrealized changes in fair value of contingent consideration<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18,011<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,715)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8,010<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Equity in losses (earnings) of nonconsolidated affiliates, net of distributions<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,898<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">27,498<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9,436<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">67<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3,587)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(11,525)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:<\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Increase in accounts receivable<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(133,020)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(146,128)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(67,235)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Increase in prepaid expenses and other assets<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(239,065)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(129,748)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(122,872)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Increase in accounts payable, accrued expenses and other liabilities<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">474,301<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">193,775<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,480<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Increase in deferred revenue<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">26,773<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">164,291<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">52,948<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net cash provided by operating activities<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">623,006<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">597,490<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">307,854<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>CASH FLOWS FROM INVESTING ACTIVITIES<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Advances of notes receivable<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(19,120)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(17,227)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(28,288)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Investments made in nonconsolidated affiliates<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(25,170)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(28,922)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(21,998)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Purchases of property, plant and equipment<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(238,435)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(173,827)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(142,491)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash paid for acquisitions, net of cash acquired<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(47,946)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(211,624)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(89,780)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Purchases of intangible assets<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(10,977)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6,234)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(12,267)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,062<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11,357<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,839<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net cash used in investing activities<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(327,586)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(426,477)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(290,985)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>CASH FLOWS FROM FINANCING ACTIVITIES<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Proceeds from long-term debt, net of debt issuance costs<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">60,912<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">844,451<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">57,276<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Payments on long-term debt including extinguishment costs<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(110,855)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(606,831)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(63,569)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Contributions from noncontrolling interests<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,671<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">88<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">711<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Distributions to noncontrolling interests<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(46,036)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(55,131)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(30,645)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Purchases and sales of noncontrolling interests, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(71,509)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(69,106)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9,752)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Proceeds from exercise of stock options<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">51,069<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,299<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,280<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Payments for deferred and contingent consideration<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(15,883)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(20,539)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(6,770)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other, net<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(5,452)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(14,019)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(7,652)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net cash provided by (used in) financing activities<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(127,083)<\/span><\/p>\n<\/td>\n<td class=\"prngen54\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen54\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">99,212<\/span><\/p>\n<\/td>\n<td class=\"prngen54\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(44,121)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Effect of exchange rate changes on cash and cash equivalents<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">130,394<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(46,759)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(51,652)<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net increase (decrease) in cash and cash equivalents<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">298,731<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">223,466<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(78,904)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents at beginning of period<\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,526,591<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,303,125<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"2\" class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,382,029<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents at end of period<\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,825,322<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,526,591<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen46\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,303,125<\/span><\/p>\n<\/td>\n<td class=\"prngen46\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>SUPPLEMENTAL DISCLOSURE<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash paid during the year for:<\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td colspan=\"3\" class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest, net of interest income<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">87,111<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">96,678<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">92,620<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income taxes, net of refunds<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">44,871<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">30,312<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\"><\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">44,287<\/span><\/p>\n<\/td>\n<td class=\"prngen34\"><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p>SOURCE  Live Nation Entertainment<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">LOS ANGELES<\/span>, <span class=\"xn-chron\">Feb. 27, 2018<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; <\/p>\n<p><b><u>Full Year 2017 &#8211; Another Record Year for Live Nation<\/u><\/b> <\/p>\n<ul type=\"disc\">\n<li>\u009f<b>Revenue Up 24% to <span class=\"xn-money\">$10.3 Billion<\/span><\/b>\n<\/li>\n<li>\u009f<b>Live Nation Concerts Attendance of 86 Million, Up 21%<\/b>\n<\/li>\n<li>\u009f<b>Ticketmaster Fee-Bearing GTV Up 15% and Secondary GTV Up 16%<\/b>\n<\/li>\n<li>\u009f<b>Sponsorship &amp; Advertising Revenue Up 18%<\/b>\n<\/li>\n<li>\u009f<b>Event-Related&#8230;<br \/>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-60016","post","type-post","status-publish","format-standard","hentry","category-entretenimiento"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/60016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=60016"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/60016\/revisions"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=60016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=60016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=60016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}