Live Nation Entertainment, Inc. (LYV) CEO Michael Rapino on Q4 2020 Results - Earnings Call Transcript

Feb. 25, 2021 11:01 PM ETLive Nation Entertainment, Inc. (LYV)
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Live Nation Entertainment, Inc. (NYSE:LYV) Q4 2020 Earnings Conference Call February 25, 2021 5:00 PM ET

Company Participants

Joe Berchtold - President

Michael Rapino - President, CEO

Conference Call Participants

David Karnovsky - JPMorgan

Stephen Glagola - Cowen

Brandon Ross - LightShed Partners

Paul Golding - Macquarie Capital


Good day, everyone. My name is Erica, and I will be your conference operator on today's call. At this time, I would like to welcome everyone to Live Nation Entertainment's Fourth Quarter and Full Year 2020 Earnings Conference Call. Today's conference is being recorded. [Operator Instructions] Before we begin, Live Nation has asked me to remind you that this afternoon's call will contain certain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ, including statements related to the company's anticipated financial performance, business prospects, new developments and similar matters. Please refer to Live Nation's SEC filings, including the risk factors and cautionary statements included in the company's most recent filings on Form 10-K, 10-Q, and 8-K for a description of risks and uncertainties that could impact the actual results. Live Nation will also refer to some non-GAAP measures on this call. In accordance with the SEC Regulation G, Live Nation has provided a full reconciliation to the most comparable GAAP measures in their earnings release. The release, reconciliation and other financial and statistical information to be discussed on this call can be found under the Financial Information section on Live Nation's website at It is now my pleasure to turn the conference call over to Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment. Please go ahead, sir.

Michael Rapino

Good afternoon and thank you for joining us. As we look back on 2020, it is clearly not the year anyone predicted, but I'm

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