The John Malone-led company also said it would pursue a split-off of the Atlanta Braves and its associated real estate development project.
High stress levels and razor thin profit margins have led to an "extraordinarily challenging time" for some artists.
While concert giants are bullish about the coming year, the rough economic climate puts emerging acts at a disadvantage.
Despite economic headwinds, reports from UMG, Spotify, Live Nation and more point to continued strength in the sector heading into 2023.
Fears of a recession in 2023 are growing, but fans are still spending record amounts for concerts.
Where do things stand? What comes next? And how will it all end? Billboard asked the country's top legal experts for answers.
The new awards night is set for next Friday, Nov. 11 at The Beverly Hilton Los Angeles.
Swift has had a direct impact on cutting scalpers out of ticket sales, driving more money to artists.
Third-quarter 2022 revenues were $6.2 billion — 66.8% greater than the same period in 2019.
The 2010 merger has been subject to scrutiny for allegedly leading to higher ticket prices and claims that Live Nation Entertainment is abusing its market power over venues and artists.
