CORRECTED-Update 1-Live Nation posts wider loss, shares steady

(Corrects percentage for stock drop in paragraph 2, also clarifies paragraph 3 to say "compared with a loss of...")

* Live Nation posts Q2 loss EPS 33 cts

* Q2 revenue $1.06 bln

* Misses estimates, excluding items

* Shares little moved

SAN FRANCISCO, Aug 6 (Reuters) - Live Nation (LYV.N), the world's largest concert promoter on Thursday posted a wider quarterly loss as the company offered ticket promotions to boost sales during the period.

Live Nation's shares held steady after closing down 0.16 percent or one cent to $6.08 a share.

Live Nation reported a second quarter net loss of $27.2 million, or 33 cents a share, compared with a loss of $652,000 or one cent a share a year earlier.

Excluding items, Live Nation posted a loss of $12.32 million, or 15 cents a share.

On that basis, analysts on average had forecast the company to post a profit of 17 cents a share.

Revenue fell to $1.06 billion from $1.13 billion a year ago. (Editing by Carol Bishopric)