Live Nation Entertainment promotes and produces live concerts and owns Ticketmaster, the largest ticketing platform for live entertainment events, combining concert promotion with the ticketing infrastructure used to sell tickets to those events. Its concert promotion business organizes and produces live music tours and festivals, working directly with artists and venues to stage live entertainment events across many markets. Ticketmaster's ticketing platform processes ticket sales not just for Live Nation's own promoted concerts but for a wide range of other live entertainment events, giving the company a dominant position in event ticketing infrastructure that has drawn regulatory scrutiny over its market power. The company's revenue is tied to overall consumer spending on live entertainment and concert attendance, along with ticketing fees earned on the ticket sales volume flowing through its Ticketmaster platform across the many events it services.