Last month, the number of unique monthly visitors to LiveNation.com increased 61%* over June 2008.
"With LiveNation.com we set out to create a better place for millions of music fans to buy concert tickets and connect with artists," said Michael Rapino, Live Nation President and Chief Executive Officer. "Being recognized by Nielsen as a top-10 music site further validates our strategy of building an integrated artist-to-fan distribution platform and making the web a central part of the concert experience."
-- Live Nation has sold approximately 7.6 million fee bearing tickets via its global LiveNation.com and LiveNation.xx ticketing platforms since the January 2009 launch. -- Web site conversion rate at LiveNation.com is more than twice the average of the top 100 e-commerce companies. -- LiveNation.com and LiveNation.xx are international and have global scope - in 17 markets globally and in 12 languages. -- Through June 30, 2009, monthly unique visitors to LiveNation.com have increased 52%* over the first six months of 2008.
*Traffic increases based on internal tracking of visitors to LiveNation.com and hob.com [?] web properties.
ABOUT LIVE NATION
Live Nation’s mission is to maximize the live concert experience. Our core business is producing, marketing and selling live concerts for artists via our global concert pipe. Live Nation is the largest producer of live concerts in the world, annually producing over 22,000 concerts for 1,600 artists in 33 countries. During 2008, the company sold over 50 million concert tickets and drove over 70 million unique visitors to LiveNation.com. Live Nation is transforming the concert business by expanding its concert platform into ticketing and building the industry’s first artist-to-fan vertically integrated concert platform. The company is headquartered in Los Angeles, California and is listed on the New York Stock Exchange, trading under the symbol LYV. For additional information about the company, please visit www.livenation.com/investors.
First Call Analyst:
FCMN Contact: [email protected]
SOURCE: Live Nation