Street is singing Live Nation’s praises

The critics - well, make that analysts - are giving thumbs up to Live Nation Entertainment. Expectations were for a break-even quarter, but the concert promoter’s $13.3 million profit reversed a year-earlier loss of $32.8 million. It adjusted pricing to generate more revenue from costlier seats near the stage, while selling more cheap seats in the back. North American concert attendance rose 13 percent.