LYV · 10-Q · 2026Q3 · Full report

Acquisition / Partnership / Divestiture

Live Nation Entertainment, Inc. · 2026-11-05 · Importance 40 · Surprise 42 · In source text

Concerts reported incremental acquisition revenue of $168.2 million in the third quarter and $471.0 million for the first nine months of 2026. Sponsorship & Advertising reported $47.2 million of acquisition revenue and $45.1 million of acquisition AOI for the first nine months. On September 25, 2026, Live Nation drew $453.8 million from its multicurrency revolving facility to finance its acquisition of Plenitude Arena in Europe. Newly opened operated venues added $103.3 million of Concerts revenue in the quarter and $140.7 million in the first nine months.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-2.0%Live Nation completed various acquisitions during the nine months ended September 30, 2026, paying $572.3 million net of cash acquired.
cashpositiverealized+1.6%Live Nation drew $453.8 million from its multicurrency revolving credit facility on September 25, 2026, to finance the acquisition of…