|Bid||35.90 x 2200|
|Ask||0.00 x 800|
|Day's Range||53.57 - 54.12|
|52 Week Range||35.94 - 55.26|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||57.90|
BTIG analyst Brandon Ross said Tuesday that a Sirius XM Holdings Inc. offer for Live Nation Entertainment Inc. would make sense, following Sirius' announcement that it would be acquiring Pandora Media Inc. in an all-stock deal. "This transaction is likely the first of multiple deals involving SiriusXM, particularly as the all-stock nature of the Pandora acquisition did nothing to address Sirius' growing access to cash," Ross wrote. "We continue to believe Sirius' controlling shareholder, Liberty Media Corporation, wishes to eventually control a combined SiriusXM, Pandora and Live Nation, and that this will become reality with a Sirius acquisition of Live Nation and a clean-up of Sirius' share structure." Ross asked Sirius about the potential for a Live Nation transaction on Monday's conference call following the Pandora announcement. Sirius Chief Executive Jim Meyer said that Sirius has "done the math" and "certainly [has] the firepower to do other things if we want to" but that such other deals are "not on my mind right now." Sirius shares are down 0.2% in Tuesday morning trading, while Live Nation's stock is up 0.8%. Live Nation shares have gained 26% over the past 12 months, compared with a 17% gain for the S&P 500 .
-- Ticketmaster's secret scalpers -- Boies pleads not guilty -- Britain is humiliating itself -- Chronicling Soviet rock 'n' rolll -- Helicopter Ben on the bubble -- Cupertino's class divide -- Twitter ...
A broadcast report says Ticketmaster works with scalpers to get around its own ticket purchasing limits, and Sen. Jerry Moran wants answers from the company.
FT subscribers can click here to receive FirstFT every day by email. How well did you keep up with the news this week? Take our quiz . It’s been a sea of green for traders on Friday. European stocks joined ...
Despite its controversies, Ticketmaster-parent Live Nation Entertainment Inc. has been a winning stock over the past few years. The very things that make the company controversial — high ticket fees and a stronghold on event venues — have helped the company deliver impressive results quarter after quarter. Eventbrite Inc. (EB) priced its initial public offering at $23, the high end of its $21 to $23 range, selling 10 million shares to raise $230 million.
On Thursday, shares of both companies dropped, perhaps in response to the newest key player, Eventbrite (NYSE: EB). The ticket service contender now trades on the New York Stock Exchange under the ticker symbol “EB.” After originally pricing the IPO in a range between $19 and $21, the company recently raised the range to between $21 and $23.
The Silicon Valley-based ticketing and event management platform becomes the latest tech company to join its unicorn peers on its first day on the NYSE.
The company enables resellers to purchase tickets in bulk from Ticketmaster’s site and then resell them for higher prices, according to a new report.
Here’s what we know about the scalping scandal affecting Live Nation Entertainment’s (NYSE:LYV) Ticketmaster. Robert Cribb and Dave Seglins went undercover to attend special Ticketmaster events. At these events, the two investigative reporters for The Star and CBC News posed as ticket scalpers.
Short interest is moderate for LYV with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 17.
THE PEARL CONCERT THEATER CONTINUES TO ROCK, ADDING THE POPULAR MUSIC ICON AS THE VENUE'S SECOND RESIDENCY IN JANUARY AND OCTOBER OF 2019 Tickets go on sale Friday, Sept. 21 at 10 a.m. LAS VEGAS , Sept. ...
The British music industry has warned that a decline in school music teaching is jeopardising the chances of the country producing successors to pop stars Adele and Ed Sheeran. The UK is a music powerhouse, with exports of £2.5bn last year. Mr Sheeran, the Suffolk singer-songwriter, also had the world’s biggest-selling album.
By combining concert promotion with ticketing and advertising, Live Nation profits from every aspect of hosting a live event.
LOS ANGELES, Sept. 12, 2018 /PRNewswire/ -- Today, Live Nation and the Crown Publishing Group, a division of Penguin Random House, announced the fall 2018 dates for Michelle Obama's live U.S. book tour events in support of her highly anticipated memoir, BECOMING. Produced by Live Nation, the 10-city U.S. tour will kick off in Mrs. Obama's home town of Chicago on Tuesday, November 13, and will feature intimate and honest conversations between Mrs. Obama and a selection of to-be-announced moderators, reflective of the extraordinary stories shared in the wide-ranging chapters of her deeply personal book. Simultaneous to this announcement, Mrs. Obama released a video over her social media channels, watch HERE.
-- Tickets On Sale to the General Public Starting September 14 -- -- Citi® Presale Begins September 12 -- -- Highly Anticipated New 'Dancing Queen' Album Out September 28 -- LOS ANGELES , Sept. 7, 2018 ...
Performing their Greatest Hits Plus Songs Off their Chart-Topping, Island-Inspired Album, Together "The mash-up everyone is talking about!" (Good Morning America) NEW YORK , Sept. 6, 2018 /PRNewswire/ ...
Caffeine also announced a content agreement with Live Nation to bring live music concerts to its live-streaming platform starting in the fourth quarter.
Caffeine is a real-time platform that merges billions of gamers, streamers and fans within the gaming and entertainment sectors. This transaction will result in the formation of Caffeine Studios, owned by both FOX Sports and Caffeine.
The growing company, which connects event promoters with brand ambassadors, is also seeking out a new headquarters in the city.