The Concerts segment experienced a 20% increase in fan attendance, reaching 145 million fans. This growth highlights the company's successful expansion of its concert platform, attracting a larger audience base and increasing its market reach.

The Ticketing segment reported a 17% increase in fee-bearing ticket sales, totaling 329 million tickets. This growth demonstrates the company's ability to leverage its ticketing platforms and partnerships to drive increased sales and expand its customer base.

16.9 million of the net new tickets are from clients outside of North America, highlighting the significance of our international operations and our global expansion opportunity. This gives us confidence that our ticketing platforms' features and functionalities will continue to fuel growth going forward.

Ancillary revenue spending at United States amphitheater shows was nearly $41 per fan, a 10% growth over 2022. This improvement indicates successful strategies to enhance the fan experience and monetize onsite offerings, driving increased revenue per attendee.

The Sponsorship & Advertising segment saw a 13% increase in revenue, driven by new strategic deals and expanded partnerships. This growth demonstrates the company's ability to leverage its assets and relationships to generate increased revenue from sponsorship and advertising activities.

The company expects its seasonality trends to evolve as it continues to expand its global operations. This statement suggests that management is aware of and planning for the impact of global expansion on the company's financial performance, indicating proactive strategic management.

The company acknowledges its dependence on rapidly changing public tastes and the availability of popular artists and events. Failure to anticipate or respond to these changes could lead to decreased demand for services, adversely affecting financial condition and results of operations.

The company acknowledges the inherent risks involved with producing live music events, including the potential for personal injuries and accidents. Such incidents could subject the company to claims and liabilities, reducing operating income or attendance at events.

The company acknowledges the potential for data loss or other breaches of network security, which could materially harm its business and results of operations. The company also acknowledges that the processing, storage, use and disclosure of personal or sensitive information could give rise to liabilities and additional costs.

The company acknowledges facing intense competition in both the live music and ticketing industries. This competition could prevent the company from maintaining or increasing its current revenue, which could adversely affect its business, financial condition, and results of operations.

The company acknowledges that, in the secondary ticket sales market, it faces restrictions on its business that are not faced by its competitors, imposed as a result of agreements entered into with the Federal Trade Commission (FTC), the Attorneys General of several individual states, and various international governing bodies.

The company acknowledges that in markets where it owns or operates a venue, it competes with other venues to serve artists likely to perform in that general region. Consequently, touring artists have various alternatives to our venues when scheduling tours.

The company acknowledges that its Concerts and Sponsorship & Advertising segments require access to venues to generate revenue from live music events. The company depends on its ability to lease, acquire and develop live music venues, and if it is unable to do so on acceptable terms, its results of operations could be adversely affected.

The company acknowledges that there are inherent risks involved with producing live music events. As a result, personal injuries and accidents have occurred, and may in the future occur, from time to time, which could subject the company to claims and liabilities for personal injuries.

The company acknowledges that weather conditions surrounding live music events affect sales of tickets, concessions and merchandise, among other things. Poor weather conditions can have a material effect on the company's results of operations.

The company acknowledges that the success of its ticketing business and other operations depends, in part, on the integrity of its systems and infrastructure, as well as affiliate and third-party computer systems, computer networks and other communication systems.

The company acknowledges that system interruption and the lack of integration and redundancy in the information systems and infrastructure, both of its own ticketing systems and other computer systems and of affiliate and third-party software, computer networks and other communications systems service providers on which it relies, may adversely affect its ability to operate.

The company acknowledges that data loss or other breaches of its network security could materially harm its business and results of operations, and the processing, storage, use and disclosure of personal or sensitive information could give rise to liabilities and additional costs as a result of governmental regulation, litigation and conflicting legal requirements relating to personal privacy rights.

The company acknowledges that its Concerts and Sponsorship & Advertising segments require access to venues to generate revenue from live music events. The company depends on its ability to lease these venues and its ability to enter into booking agreements upon their expiration.

The company acknowledges that it may continue to expand its operations through the development of live music venues and the expansion of existing live music venues, which poses a number of risks, including construction of live music venues may result in cost overruns, delays or unanticipated expenses.

The company acknowledges that it may need to incur additional debt or issue equity to make other strategic acquisitions or investments. There can be no assurance that such financing will be available to us on acceptable terms or at all.

The company acknowledges that it is required to comply with federal, state and international laws regarding privacy and the storing, sharing, use, disclosure and protection of personally identifiable information and user data, an area that is increasingly subject to legislation and regulations in numerous jurisdictions around the world.

The company acknowledges that it is required to comply with the laws of the countries in which it operates and also the United States Foreign Corrupt Practices Act and the United Kingdom Bribery Act 2010 regarding anti-bribery regulations.

The company acknowledges that it is also required to comply with the ADA, the DDA and certain state statutes and local ordinances that, among other things, require that places of public accommodation, including our websites as well as existing and newly constructed venues, be accessible to customers with disabilities.

The company acknowledges that its success depends, in significant part, on entertainment, sporting and leisure events and economic and other factors adversely affecting such events could have a material adverse effect on its business, financial condition and results of operations.

The company acknowledges that its business depends on discretionary consumer and corporate spending. Many factors related to corporate spending and discretionary consumer spending, including economic conditions affecting disposable consumer income such as unemployment levels, fuel prices, interest rates, changes in tax rates and tax laws that impact companies or individuals, and inflation can significantly impact its operating results.

The company acknowledges that its operations are subject to federal, state and local statutes, rules, regulations, policies and procedures, both domestically and internationally, which are subject to change at any time, governing matters such as privacy laws and protection of personal or sensitive information.