Live Nation 2Q Well Ahead of Pre-Pandemic Levels; On Pace to Set Attendance and Ticketing Records

Live Nation's focus on returning to pre-pandemic levels remains on track with over 100 million tickets sold for 2022 shows, ahead of the same point in 2019. While the U.S. and the U.K. continued to drive growth, Europe and Mexico contributed five million of the six additional million concert goers in the quarter. Management is very positive on growth in the second half with $3.2 billion in event related deferred revenue for Live Nation concerts. We are maintaining our FVE of $105.