Welcome to our dedicated page for Live Nation Entertainment news (Ticker: LYV), a resource for investors and traders seeking the latest updates and insights on Live Nation Entertainment stock.
Live Nation Entertainment Inc. (NYSE: LYV) is the global leader in live entertainment, encompassing market giants such as Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. Established with a mission to connect fans and artists through unparalleled live experiences, Live Nation operates in 49 countries and manages 373 venues, including the iconic House of Blues. The company's Ticketmaster platform sold over 620 million tickets in 2023, further cementing its dominance in the live event ticketing industry.
Live Nation's expansive portfolio includes artist management and a significant advertising and sponsorship platform targeting music fans. The company has recently been named one of North America's top 100 in-demand employers by LinkedIn, reflecting its commitment to innovation and employee well-being. Live Nation offers extensive career opportunities across various sectors, including technology, finance, marketing, and hospitality, supported by generous benefits, professional development programs, and a strong focus on work-life balance.
In 2024, Live Nation continues to thrive with notable projects such as the partnership with Bret Michaels for the Parti-Gras 2024 festival, highlighting its ability to create unique, fan-centric experiences. Financially, the company reported record highs in attendance, ticket sales, and sponsorship activities in 2023, with continued growth expected in the following years. Live Nation's innovative initiatives, such as the all-in pricing policy, demonstrate its commitment to transparency and consumer satisfaction.
Additionally, Live Nation's focus on diversity and inclusion is evident through programs like Femme It Forward, which empowers female visionaries in the music industry. The company's strategic partnerships and mentorship programs, such as the MUSE initiative, aim to address historic underrepresentation and foster new talent.
Live Nation's robust financial health, strategic growth initiatives, and commitment to enhancing the live entertainment experience make it a pivotal player in the industry, continuously setting benchmarks for others to follow.
Global music superstar Keith Urban has announced five new performance dates for "Keith Urban Live – Las Vegas" at The Colosseum at Caesars Palace from Sept. 17 to 25, 2021. Tickets will go on sale to the public on June 7 at 10 a.m. PT, with presales beginning as early as June 2 for fan club members. General ticket prices start at $69. Urban's concerts are known for their high energy and unpredictability, featuring a mix of his hit songs and new music from his latest album, The Speed of Now Part 1.
Shania Twain has announced 14 new shows for her Las Vegas Residency at Zappos Theater, taking place from December 2 to 21, 2021 and February 11 to 26, 2022, including a Valentine's Day performance. Tickets go on sale June 1, 2021, with presales starting May 27 for Citi cardholders. Ticket prices begin at $60. A portion of ticket sales will be donated to Shania Kids Can, providing support to children in need.
Gwen Stefani has announced eight new dates for her residency, "Gwen Stefani – Just A Girl," at Zappos Theater, Planet Hollywood Resort & Casino, from October 22 to November 6, 2021. Tickets go on sale to the public on May 29, with presale options for Citi cardmembers and Caesars Rewards members. Prices start at $40. A portion of ticket sales will be donated to Cure 4 The Kids Foundation. Stefani, a multi-platinum artist with over 50 million records sold, continues to engage her audience with a dynamic performance celebrating her music career.
Live Nation Entertainment (NYSE: LYV), the leading live entertainment firm, announces participation in upcoming conferences. Management will engage in fireside chats at J.P. Morgan's 49th Annual Global Technology, Media and Communications Conference on May 26, 2021, at 10:25 a.m. P.T. and Bernstein's 37th Annual Strategic Decisions Conference on June 3, 2021, at 10:30 a.m. P.T. Live webcasts of both events will be available on the company's investor website.
Live Nation Entertainment (NYSE: LYV) has partnered with Liquid Death to provide sustainable water solutions at over 120 U.S. venues and festivals. This collaboration supports Live Nation's Green Nation sustainability charter, aiming to eliminate single-use plastics. Liquid Death's aluminum packaging is infinitely recyclable, contrasting sharply with plastic's low recycling rates. The partnership also includes Live Nation becoming an equity partner in Liquid Death, enhancing brand visibility through marketing initiatives at events. The decision aligns with live music fans' strong demand for environmental sustainability, as shown in a recent survey.
Live Nation Entertainment (NYSE: LYV) reported a promising recovery for Q1 2021, with concert pipelines and sponsorship commitments up double digits from 2019.
Over 5 million new fee-bearing tickets have been added by Ticketmaster year-to-date, and major tours are expected to drive growth into 2022.
The company holds $3 billion in cash, including $1.1 billion in free cash, ensuring liquidity until live events resume. The outlook for the summer is optimistic, fueled by pent-up demand and a successful vaccination rollout.
On April 23, 2021, Usher announced six additional dates for his Las Vegas residency at The Colosseum at Caesars Palace. The new shows will take place from August 4 to 14, 2021, following a high demand for tickets. The residency promises an intimate experience for fans, featuring a repertoire of Usher's hits over his 20-year career. Ticket sales will start on April 29, 2021, with presales from April 24. General ticket prices begin at $59, with a portion of proceeds going to Usher's New Look, Inc., which supports underserved youth.
Live Nation Entertainment (NYSE: LYV) will announce its first quarter 2021 financial results after market hours on May 6, 2021. CEO Michael Rapino will lead a teleconference at 2:00 p.m. PT (5:00 p.m. ET) to discuss financial performance and operational outlook. The meeting will be accessible via a live webcast on the company’s investor relations website. Live Nation is recognized as a global leader in live entertainment, operating key platforms including Ticketmaster and Live Nation Concerts.
Mexican rock band Zoé is embarking on a 26-date U.S. tour to promote their new album, Sonidos de Kármatica Resonancia. The tour kicks off at House of Blues in Chicago in late August and culminates in Anaheim, CA, in mid-October. Pre-sale tickets go on sale on April 21st, with general sales starting on April 23rd. Produced by Live Nation (NYSE: LYV), the album showcases Zoé's evolved sound and creativity, influenced by various musical styles and experiences during the pandemic.
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