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Stock impact report

The Eras Tour's greatest legacy may be the (possible) breakup of Ticketmaster [CNN]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Company Research Source: CNN
New York CNN — But perhaps one of its more lasting impacts may be the absolute legal hell it unleashed against one of the most despised companies on the planet, Ticketmaster, and its parent company, Live Nation, which could be forced to break up if the Justice Department gets its way. ICYMI: When Eras ticket sales began in the fall of 2022, the Swifties were beyond ready. It had been six long years since Swift had been on tour (for many young fans, that's roughly a third or more of their lifetime). They'd survived a pandemic, the kind of trauma that leaves a person isolated and returning over and over to that one part in “Exile” from the “Folklore” album when Taylor and Bon Iver's voices are singing over each other and building and building until you literally have to pull the car over to cry in a McDonald's parking lot off I-80. For instance. But Ticketmaster was decidedly not ready. The site crashed in the first hour of ticket sales. Fans waited in queues all day, only to Show less Read more
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