Ticketing businesses, experts debate resale caps and dynamic pricing [Yahoo! Finance Canada]
Live Nation Entertainment, Inc. (LYV)
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Source: Yahoo! Finance Canada
They often log onto ticket sites only to find prices that jump dramatically as they browse an arena of quickly disappearing seats. In other instances, shows are so in-demand that artists resort to presale lotteries and fans that strike out end up on resale sites where seats are routinely advertised for several times their face value. But how do you fix a series of problems that have only intensified over time? Some say the solution lies in breaking up the behemoth that dominates the ticket industry. Others say even if you dismantle monopolies, there's still plenty of work that could be done to address eye-popping prices and a system some compare to a "black box." Kevin Callahan, the head of North American government relations for resale giant StubHub, is in the camp pushing for more players in the ticket sector, where he said 80 per cent of primary seats and a growing share of resale seats at major venues are sold by his company's main rival, Ticketmaster. "I think most peopl
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- Live Nation CEO: Live entertainment is a very scarce commodity [CNBC]CNBC
- Live Nation CEO goes one-on-one with Jim Cramer [CNBC]CNBC
- Live Nation CEO talks consumer demand, says live music is ‘a very scarce commodity' [CNBC]CNBC
- Trump's Win Was Great for Stock Markets—but Not Everyone Saw a Boom [Yahoo! Finance]Yahoo! Finance
- Live Nation Entertainment, Inc. (NYSE: LYV) had its price target raised by analysts at Guggenheim from $130.00 to $146.00. They now have a "buy" rating on the stock.MarketBeat
LYV
Earnings
- 11/11/24 - Beat
LYV
Sec Filings
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- 10/2/24 - Form 4/A
- LYV's page on the SEC website