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President Joe Berchtold expects high demand for concerts in the next few years.
The entertainment company is expanding its footprint in streaming and NFTs.
Live Nation Entertainment Inc (NYSE: LYV) said late on Monday that artists are beginning to consider resuming in-person events later this year as the COVID-19 restrictions continue to ease on the back of vaccine rollouts. As a result, concert venue bookings are now starting to show signs of recovery.
President Joe Berchtold’s remarks on CNBC’s “Closing Bell”
President Joe Berchtold also expressed confidence that ticket sales are expected to follow in the upcoming months as more events are scheduled. On CNBC’s “Closing Bell”, Berchtold said:
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