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LIVE NATION ENTERTAINMENT REPORTS SECOND QUARTER 2021 RESULTS LIVE NATION ENTERTAINMENTⓇ Highlights Operating Income Improved Over $ 450 Million , Adjusted Operating Income Returned to Profitability • Event - Related Deferred Revenue at $ 2.1 Billion , Up $ 650 Million Concerts Pipeline for 2022 Up Double Digits from 2019 , With Touring Plans Extending Into 2023 and 2024 Ticketmaster North America had 4th Best Month in History for Transacted Ticket Volume • Ticketmaster Added Over 11 Million Net New Fee - Bearing Tickets Year - To - Date Sponsorship Commitments for 2022 Up Double Digits from 2019 LOS ANGELES August 3 , 2021 Live Nation Entertainment , Inc. ( NYSE : LYV ) today released financial results for the quarter ended June 30 , 2021 . Reopening Momentum Growing As communities reopen , we're seeing the pent - up demand for live events play out as artists and fans are eager to re - connect in person . In the U.S. and the U.K. , we are seeing strong ticket sales and the restart of our concerts and festivals , highlighted over the past weekends by Lollapalooza and Rolling Loud in the U.S. and Latitude in the U.K. hosting a combined three quarters of a million fans . With vaccine rollouts increasing throughout Canada and Europe , we expect additional markets to open more broadly in the coming months . The momentum for the return to live events has been building every month , with ticket sales and concert attendance pacing faster than expected , underscoring the strength and resiliency of the concert business and live events in general . This progress , combined with our cost discipline , has enabled us to deliver positive adjusted operating income for the second quarter , well ahead of where we thought we would for this quarter . We expect to see further ramp - up accelerate through the rest of the year , with improving operating income and all segments returning to adjusted operating income profitability for the second half of the year , setting us up for a full - scale 2022 . 1