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Live Nation Entertainment Inc

LYV: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$717.00KbxtfdyJcdzmgltxz

Live Nation Has an Edge on Competition and Tailwinds From Young Consumers Seeking Experiences

Business Strategy and Outlook

Live Nation is highly focused on live entertainment at venues ranging from intimate clubs to large stadiums. The firm controls over 338 concert venues that hosted over 50,000 events and 145 million fans in 2023. Ticketmaster, the firm’s ticketing platform, sold over 620 million tickets for over 10,000 clients in 2023. The firm has now exceeded prepandemic revenue levels in each of its three segment (concerts, ticketing, and sponsorship), and we project continuing growth over the next five years.

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