Live Nation Is Planning for Crowdless Shows and Drive-In Concerts

Rolling Stone: With concerts on hold for the past two months due to the ongoing COVID-19 pandemic, Live Nation Entertainment on Thursday reported a 21% drop in revenue for its first quarter, with concert revenue alone dipping 25% and ticket revenue dropping 16% year over year. Shares of Live Nation — which also owns ticketing company Ticketmaster — have dropped about 48% since the middle of February.