Ticketmaster launches in Uruguay. Ticketmaster has launched in Uruguay, it has been announced today (August 3). As part of its launch, Ticketmaster has also agreed to acquire Red UTS, a major ticketing platform in the South American country. Ticketmaster's Uruguayan platform is now live, meaning fans can discover and purchase tickets for live events. Fans will also benefit from secure digital ticket delivery through Quentro (a digital wallet app used across Latin America), tools designed to help prevent fraud and protect ticket purchases and a simple ticket-buying experience. "We're thrilled to welcome Uruguay to the Ticketmaster network. Our goal is to give every fan a simple, secure and transparent experience - from discovering an event to walking through the venue gates," said Javier Parra, market leader, Chile and Uruguay at Ticketmaster. "We look forward to supporting the continued growth of live entertainment in Uruguay and connecting more fans with the artists and events they love." Adam Newsam, executive vice president, Latin America at Ticketmaster, added: "At Ticketmaster, we're constantly working to make the journey from discovering an event to walking through the venue gates as seamless as possible. "Our expansion into Uruguay reflects that commitment, combining technology, innovation and local expertise to deliver a better experience for fans while supporting the continued growth of live entertainment across Latin America." Earlier this year, Ticketmaster also announced into entry into the market in the Philippines through a partnership with SM Prime.

Live Nation revenue hits $7.7B as DOJ antitrust fight looms. Home " Live Nation revenue hits $7.7B as DOJ antitrust fight looms. By Olivia Perreault 29 seconds ago Live Nation's concert machine kept roaring in the second quarter, delivering record attendance, accelerating ticket sales and another sizable revenue haul - even as the company's legal battle over its dominance of the live events business remains far from settled. The Ticketmaster parent reported second-quarter revenue of $7.7 billion, up 9% year over year, while operating income rose 7% to $522 million. Adjusted operating income increased 2% to $817 million. Nearly 49 million fans attended Live Nation events during the quarter, a 10% jump that the company attributed largely to international growth. More than 143 million concert tickets had been sold through mid-July, putting Live Nation 14 million tickets ahead of its pace at the same point last year. "In a world of endless screens and AI-generated everything, the one thing that can't be copied is being there," Live Nation President and CEO Michael Rapino said. "More artists are on the road than ever - and fans keep choosing to be in the room with them." Ticketmaster once again provided much of the momentum. The ticketing division generated $852 million in revenue, up 15%, while adjusted operating income climbed 14% to $331 million. Ticketmaster sold 90 million fee-bearing tickets during the quarter, an 8% increase, with concerts accounting for nearly all of the volume growth. International markets were particularly strong, producing 39 million Ticketmaster ticket sales - up 12% - and driving most of the quarter's growth across the company's ticketing and sponsorship operations. Live Nation also ended the quarter with a record $6.4 billion in event-related deferred revenue, signaling a packed stadium and amphitheater schedule during the second half of the year. The company now expects full-year attendance to rise 10%. But the blockbuster numbers arrive under an unusually large legal cloud. Live Nation and Ticketmaster remain at the center of the federal antitrust case accusing the companies of using their control over ticketing, concert promotion and venues to suppress competition. The Justice Department reached a proposed settlement with Live Nation in June, abandoning the possibility of a court-ordered breakup in favor of ticketing restrictions, fee caps, venue divestitures and extended federal oversight. The deal still requires court approval. A group of state attorneys general is continuing to challenge Live Nation, arguing that the proposed federal remedies do not go far enough. The states have sought additional discovery into how the agreement was negotiated, including questions surrounding Rapino's meeting with President Donald Trump before the settlement emerged. California Attorney General Rob Bonta has been even more direct, calling the federal agreement a "slap on the wrist sweetheart deal" and pointing to the states' courtroom victory on their Ticketmaster monopoly claim as evidence that stronger relief remains possible. The Justice Department's proposed settlement would require Live Nation to loosen ticketing exclusivity provisions, allow more third-party ticket distribution, cap service fees at certain amphitheaters and relinquish control or booking rights at selected venues. Live Nation would remain intact, however - the central point of contention for states and critics seeking structural changes. Live Nation's latest earnings make clear why the stakes remain so high. Ticket sales, attendance and venue investments are expanding rapidly, while Ticketmaster continues to strengthen its position internationally. For investors, that is a growth story. For regulators, artists, venues and fans questioning how much control one company should hold over the concert business, it is also the heart of the case.

Live Nation reported second quarter revenue of $7.7 billion, up 9% year-over-year, with operating income of $522 million, up 7%. The company saw record quarterly performance for both Ticketmaster and concert attendance. Ticketmaster generated revenue of $852 million, up 15%, selling 90 million fee-bearing tickets, an 8% increase. Concert revenue grew 8% to $6.4 billion, with fan attendance reaching 49 million, up 10% and the highest second quarter on record. The results follow Live Nation's settlement with the Department of Justice, which included up to $280 million in payments. The company reported $450 million in legal accruals related to ongoing litigation, including a jury finding of unlawful monopolisation. CEO Michael Rapino said more than 143 million tickets have sold through mid-July, over 14 million ahead of last year's pace.