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LIVE NATION ENTERTAINMENT REPORTS THIRD QUARTER 2021 RESULTS LIVE NATION ENTERTAINMENTⓇ Highlights • All Business Segments Returned to Positive Operating Income and AOI Resulting in Company- Wide Operating Income of $ 137 million and AOI of $ 306 million • Ticketmaster Delivered its Highest Operating Income and AOI Quarter Ever at $ 114 million and $ 172 million , respectively • Fan Demand Led to Double - Digit Growth in Pricing and On - Site Spending • The Return to Live is Accelerating with Show Count Up Double - Digits for 2022 Relative to This Time in 2019 • Sponsorship Commitments for 2022 Are Up Double - Digits Relative to This Time in 2019 LOS ANGELES - November 4 , 2021 - Live Nation Entertainment , Inc. ( NYSE : LYV ) today released financial results for the quarter ended September 30 , 2021 . Third quarter marked return to live at scale Live music roared back over the past quarter , driving all our business segments to positive operating income and AOI for the first time in two years , with a company - wide operating income and AOI of $ 137 million and $ 306 million , respectively . The 2021 summer concerts season rebounded quickly , with 17 million fans attending our shows in the quarter , as the return to live reflected tremendous pent - up demand . Festivals were a large part of our return to live this summer , with many of our festivals selling out in record time and overall ticket sales for major festivals were up 10 % versus 2019. And we have had a number of tours already sell over 500 thousand tickets for shows this year , including sell - out tours by Harry Styles , Chris Stapleton and others . In addition to increased attendance , strong demand also enabled improved pricing , with average amphitheater and major festival pricing up double - digits versus 2019. And at our shows , fans spent at record levels , with on - site spending per fan up over 20 % in amphitheaters and festivals compared to 2019 . We delivered these results within an operating environment that required us to ramp up quickly , institute new health and safety protocols , and staff our front line in a tight labor market . On the health and safety front , we set the industry standard by requiring proof of vaccine or testing for our shows , with no change in fan purchasing behavior . More importantly , our protocols proved effective in mitigating major Covid disruptions to our business in the U.S. and the U.K. and allowed us to work in conjunction with local 1