Live Nation Entertainment Reports Fourth Quarter & Full Year 2020 Results
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$950 Million Cost Reduction Achieved in 2020
$1.65 Billion Cash Savings Achieved in 2020
LOS ANGELES, Feb. 25, 2021 /PRNewswire/ Live Nation Entertainment, Inc. (NYSE: LYV) today released financial results for the quarter ended December 31, 2020.
As we look back on 2020, it is clearly not the year anyone predicted, but I am very proud of how Live Nation has dug in and focused on turning this challenge into an opportunity to improve our business. I want to take a moment to thank our employees for their resilience and creativity, and acknowledge all of those affected by Covid and the shutdown of live events.