Live Nation Entertainment Inc. - LYV STOCK NEWS

Live Nation's all-in pricing policy shows ticket buyers the total cost and fees upfront, yielding an 8% increase in completed sales within its first six months. This initiative spans 33 states and Washington D.C., covering nearly 9,000 shows. It aims to reduce cart abandonment and enhance transparency for fans. The policy aligns with the TICKET Act, which seeks nationwide pricing transparency. Live Nation's CEO, Michael Rapino, advocates for federal adoption of this policy. Additionally, the company supports legislation against speculative ticketing and other consumer-friendly reforms. Consumers are urged to report non-compliant resale platforms.

Shania Twain has debuted her new Las Vegas residency show, COME ON OVER – The Las Vegas Residency – All The Hits! at Bakkt Theater, Planet Hollywood Resort & Casino. This marks her third residency on the Las Vegas Strip and celebrates the 25th anniversary of her iconic album, Come On Over. The show includes hits like “Man! I Feel Like A Woman!” and “You’re Still The One”. Tickets are on sale through December 2024, with $1 from each ticket benefiting Shania Kids Can, a charity supporting at-risk children.

Live Nation Entertainment, Inc. (NYSE: LYV) will participate in J.P. Morgan's 52nd Annual Global Technology, Media and Communications Conference, with President and CFO Joe Berchtold presenting on May 21, 2024. The event will be live webcasted on the company's website.

Mary J. Blige, in collaboration with PEPSI®, Live Nation Urban, and MVD Inc., announces the third annual Strength of a Woman Summit in New York City on May 11th. The event will feature renowned speakers, empowering programming, and exclusive experiences focused on various topics such as wellness, culture, finance, and entrepreneurship. The Summit is free for all attendees, thanks to official sponsors like Mielle Organics, Verizon Business, Starz, and ASCAP. PEPSI® will provide food, cocktails, and beverages at the Pepsi Dig In Village, showcasing dishes from female-owned restaurants. Additional activities include panels, photo opportunities, and themed experiences throughout the day.

Live Nation Entertainment reported strong Q1 results with revenue up 21% to $3.8 billion, operating loss of $37 million, and adjusted operating income up 15% to $367 million. The company highlighted significant fan growth, increased food and beverage spending, and high sponsorship revenue. Leading indicators point to another record year with continued strong fan demand, global content growth, venue expansion, and ticketing expansion. Concerts delivered record Q1 revenue, with arenas and festivals leading fan growth. Venue Nation enhanced the fan experience globally, and the experiential economy drove ticketing results. Sponsorship growth was driven by the global platform with new partners added. Financially, the company expects full-year margins to be consistent with last year, and it maintains strong balance sheet and liquidity.

Live Nation Entertainment, Inc. (NYSE: LYV) is set to release its first quarter financial results on May 2, 2024, followed by a teleconference hosted by President and CEO Michael Rapino. The webcast will be available on the company's website for interested parties to register and access additional financial information.

Femme It Forward launches 'MUSE' Mentorship Program to empower emerging female artists in the music industry. Alicia Keys, Erykah Badu, and Teyana Taylor join as advisors. The program aims to combat gender disparities and underrepresentation in music.

Bruno Mars to Perform at Intuit Dome's Grand Opening in Los Angeles in August 2024

Live Nation Entertainment reports record-breaking financial results for 2023, with revenue up 36% to $22.7 billion, operating income up 46% to $1.07 billion, and AOI doubling since 2019. The company expects continued growth and profitability compounding by double-digits over the next several years. Concert attendance, ticket sales, and sponsorship activity hit all-time highs in 2023, with significant increases in global demand and fan spending. Live Nation's 2024 strong start indicates another year of growth, with leading indicators pointing to increased fan interest and ticket sales. The company's focus on elevating on-site experiences and expanding its global venue portfolio has driven positive financial results and client wins. Live Nation's robust balance sheet and liquidity provide financial flexibility for future investments and growth.