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Q4 2018 Live Nation Entertainment Inc Earnings Call Transcript
Good day, and welcome to the Fourth Quarter and Full Year 2018 Live Nation Earnings Conference Call. Today's conference is being recorded.
At this time, I would like to turn the conference over to today's speakers. Please go ahead.
Good afternoon, and welcome to our fourth quarter and full year 2018 conference call. I will make my comments today excluding the 2017 impacts of the $110 million legal settlement to keep our year-over-year numbers comparable.
Live Nation delivered its eighth consecutive year of record results. Revenue was up 11%, AOI up 13% and free cash flow up 8%. All our divisions, concerts, sponsorship and ticketing, delivered their strongest AOI results in the history of the company.
Starting with our Concerts unit. Fans, more than ever, find the live experience, from club shows to arenas to festivals, a top entertainment choice and the best way to celebrate their favorite artists and show the experience with fans. In the U.S. alone,
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