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Live Nation's (LYV) first-quarter performance is likely to have benefited from increased demand for live events, a strong show pipeline and the amphitheater business.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Live Nation (LYV), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.
The Wall Street Journal reported the Department of Justice is getting ready to sue Live Nation. Following the 2010 merger with Ticketmaster, the company controls 80% of ticketing for large concert events in the U.S. An abusive monopoly?
LOS ANGELES , April 18, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, will release its first quarter financial results after market hours on Thursday, May 2, 2024. Michael Rapino, Live Nation Entertainment's President and Chief Executive Officer, will host a teleconference that day at 2:00 p.m.
The U.S. Department of Justice plans to file an antitrust lawsuit against Live Nation, according to the Wall Street Journal.
Ticketmaster owner Live Nation Entertainment Inc (NYSE:LYV) tumbled almost 8% to $92.21 overnight on a report that the US Department of Justice is planning to open an antitrust lawsuit. The DoJ lawsuit will claim that Live Nation has leveraged its dominant share of the live event ticketing market in a way that undermines competition, according to a Wall Street Journal report, citing people familiar with the matter.
Major U.S. equities indexes were mixed on Tuesday as Federal Reserve Chair Jerome Powell suggested that investors may have to wait longer for interest rates to move lower.
Matthew Harrigan, Benchmark Equity Analyst spoke with Romaine Bostick and Alix Steel about the DOJ preparing a suit against Live Nation, the owner of Ticketmaster. -------- More on Bloomberg Television and Markets Like this video?
Following reports that an antitrust lawsuit could soon hit Ticketmaster parent Live Nation Entertainment Inc., some analysts seem neither surprised or all that worried about the stock — saying there is room for the scrutinized concert-industry giant to make concessions without significantly changing the way it does business.
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to discuss reports that the DOJ is preparing to file an antitrust suit against Live Nation.