Live Nation Q2 revenue $7.7B (+9%), AOI $817M (+2%), record 49M fans

Live Nation Entertainment, Inc.

Revenue $7.7B (+9%), operating income $522M (+7%), adjusted operating income $817M (+2%).
Concerts revenue $6.4B (+8%); 49M fans (+10%); record deferred revenue $6.4B (+25%).
Ticketmaster AOI $331M (+14%) on 90M fee-bearing tickets (+8%); sponsorship AOI $257M (+13%).
Full-year fan attendance projected to grow 10%; Concerts on track for double-digit AOI growth.
Capex guidance lowered to $1.1B; legal accrual noted but AOI growth target reaffirmed.

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