Live Nation’s loss shrinks in quarter
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From Times Wire Services
Live Nation Inc., the largest U.S. concert promoter, posted a narrower first-quarter loss as concert revenue increased.
The net loss of $35.4 million, or 47 cents a share, compares with a loss of $45 million, or 69 cents, a year earlier, Beverly Hills-based Live Nation said. Sales rose 22% to $636.5 million.
Live Nation shares rose 11 cents to $14.11.
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