Live Nation experienced mixed fortunes in Q2 2015, with revenue rising 12% to $1.86 billion but operating income declining 13% to $48.4m.

Concert revenue for the period was $1.34bn, while operating loss was $4.3m. The company says it has sold around three quarters of its projected tickets for the year and is pacing 7% ahead of last year’s sales.

Live Nation stages close to 75% of the top 25 global tours, including U2, Imagine Dragons, Lady Antebellum and One Direction. ...