NYSE
21 hours, 20 minutes ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Transfers Shares to Family Trust
Live Nation Entertainment Director James S. Kahan transferred 4,562 shares of common stock from direct ownership to a family trust.

NYSE
4 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Executive John Hopmans Reports Routine Stock Transaction for Tax Purposes
Live Nation Entertainment's EVP of M&A and Strategic Finance, John Hopmans, reported the disposition of 6,071 shares of common stock for tax withholding purposes related to restricted stock vesting.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Jimmy Iovine Granted Restricted Stock Award
Live Nation Entertainment, Inc. Director Jimmy Iovine was granted 1,402 shares of restricted common stock, scheduled to vest in June 2026.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Randall Mays Receives Restricted Stock Award
Live Nation Entertainment, Inc. Director Randall Thomas Mays was granted 2,663 shares of common stock as a restricted stock award, vesting on June 12, 2026.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Carl E. Vogel Receives Restricted Stock Award
Live Nation Entertainment, Inc. Director Carl E. Vogel was granted 1,402 shares of common stock as a restricted stock award, vesting fully on June 12, 2026.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Jeffrey Hinson Receives Restricted Stock Award
Live Nation Entertainment, Inc. Director Jeffrey T. Hinson was granted 1,402 shares of restricted common stock, vesting in June 2026, under the company's 2005 Stock Incentive Plan.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Ping Fu Receives Restricted Stock Award
Live Nation Entertainment, Inc. Director Ping Fu was granted 1,402 shares of common stock as a restricted stock award, vesting in June 2026.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Chad Hollingsworth Receives Restricted Stock Award
Live Nation Entertainment, Inc. Director Chad Hollingsworth was granted 1,402 shares of restricted common stock, vesting in June 2026, as part of the company's 2005 Stock Incentive Plan.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Latriece Watkins Granted Restricted Stock Award
Live Nation Entertainment, Inc. Director Latriece Watkins received a grant of 1,402 shares of restricted common stock, which are set to vest in June 2026.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Richard Paul Awarded Restricted Stock, Boosting Holdings
Live Nation Entertainment, Inc. Director Richard A. Paul received a restricted stock award of 1,402 shares, increasing his total beneficial ownership to 6,330 shares.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director James Kahan Receives Restricted Stock Award
Live Nation Entertainment Director James S. Kahan was granted 1,402 shares of restricted common stock, vesting in June 2026, as part of the company's 2005 Stock Incentive Plan.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Richard Grenell Reports Acquisition of Restricted Stock Award
Live Nation Entertainment, Inc. Director Richard Allen Grenell reported the acquisition of 1,402 shares of common stock as a restricted stock award, vesting on June 12, 2026.

NYSE
35 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Maverick Carter Awarded Restricted Stock
Live Nation Entertainment, Inc. Director Maverick Carter received an award of 1,402 shares of restricted common stock, vesting in June 2026.

NYSE
35 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
8-K: Live Nation Entertainment Announces Annual Meeting Results, Board Elections, and Executive Compensation Approval
Live Nation Entertainment, Inc. announced the results of its annual meeting of stockholders held on June 12, 2025, including the election of eleven directors, the advisory approval of executive compensation, and the ratification of Ernst & Young LLP as its independent auditor.

NYSE
45 days, 19 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Richard Grenell Receives Restricted Stock Award
Live Nation Entertainment, Inc. Director Richard Allen Grenell was granted 102 shares of common stock as a restricted stock award, set to vest on June 13, 2025.

NYSE
49 days, 17 hours ago 
LYV
Live Nation Entertainment, INC
SCHEDULE 13D/A: Liberty Media Amends Live Nation Stake Disclosure, Details $1.15 Billion Forward Contracts for Split-Off Liquidity
Liberty Media Corporation has filed an amendment to its Schedule 13D, detailing new variable forward contracts involving 10.49 million Live Nation shares to provide up to $1.15 billion in liquidity for its upcoming Split-Off.
Capital raise
 

NYSE
49 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Liberty Media Subsidiary Enters $1.15 Billion Forward Sale Agreement for Live Nation Shares
Liberty Media Corporation's indirect subsidiary, LN Holdings 1, LLC, has entered into forward sale contracts to potentially sell 10.49 million shares of Live Nation Entertainment, Inc. common stock, securing up to $1.15 billion in prepayments.
Capital raise
 

NYSE
56 days, 22 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Executive Disposes of Shares for Tax Withholding
Live Nation Entertainment's EVP & General Counsel, Michael Rowles, reported the disposition of 1,657 shares of common stock for tax withholding purposes related to restricted stock vesting.

NYSE
56 days, 22 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation President & CFO Joe Berchtold Reports Routine Tax-Related Stock Disposition
Live Nation Entertainment's President and CFO, Joe Berchtold, reported the disposition of 16,572 shares of common stock, valued at $144.43 per share, which were withheld for tax purposes upon the vesting of restricted stock grants.

NYSE
59 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Executive John Hopmans Sells Shares
John Hopmans, EVP of M&A and Strategic Finance at Live Nation Entertainment, sold 34,808 shares of common stock at an average price of $147.38 on May 16, 2025.

NYSE
59 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
8-K: Live Nation Entertainment Appoints Richard Grenell to Board of Directors
Live Nation Entertainment elects Richard Grenell, a seasoned diplomat and negotiator, to its Board of Directors, effective May 19, 2025.

NYSE
64 days, 18 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Executive John Hopmans Reports Stock Award Vesting and Tax Withholding
John Hopmans, EVP of M&A and Strategic Finance at Live Nation Entertainment, reports the vesting of performance share awards and subsequent tax withholding, resulting in changes to his beneficial ownership of company stock.

NYSE
64 days, 18 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Executive Exercises Performance Share Award
Michael Rowles, EVP & General Counsel of Live Nation Entertainment, reports the vesting and conversion of performance share awards into restricted stock.

NYSE
64 days, 18 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CEO Michael Rapino Reports Stock Transactions
Michael Rapino, CEO of Live Nation Entertainment, reports the acquisition and disposal of common stock and derivative securities related to performance share awards.

NYSE
64 days, 18 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CFO Joe Berchtold Reports Stock Transactions Following Performance Share Vesting
Live Nation Entertainment's CFO, Joe Berchtold, reports the vesting of performance shares and subsequent stock transactions, including tax withholding.

NYSE
66 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director James S. Kahan Reports Indirect Sale of Shares
James S. Kahan, a director at Live Nation Entertainment, reported an indirect sale of 3,410 shares of common stock at a price of $139.52 on May 12, 2025.

NYSE
66 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Director Jeffrey T. Hinson Reports Stock Gift and Sale
Director Jeffrey T. Hinson of Live Nation Entertainment reports gifting shares to non-profit organizations and selling shares on May 9, 2025.

NYSE
66 days, 22 hours ago 
LYV
Live Nation Entertainment, INC
SCHEDULE 13G: State Street Corporation Discloses 5.3% Passive Stake in Live Nation Entertainment
State Street Corporation has filed a Schedule 13G, reporting a 5.3% beneficial ownership stake in Live Nation Entertainment Inc. as of March 31, 2025.

NYSE
78 days, 22 hours ago 
LYV
Live Nation Entertainment, INC
10-Q: Live Nation Entertainment Reports Strong Q1 2025 Performance Despite Revenue Dip
Live Nation Entertainment's Q1 2025 shows strong operating income and adjusted operating income results, despite a revenue decrease primarily due to fewer arena shows in the United States.
Worse than expected
 

NYSE
78 days, 22 hours ago 
LYV
Live Nation Entertainment, INC
8-K: Live Nation Entertainment Reports Strong Q1 2025 Results, Driven by Robust Global Demand
Live Nation Entertainment announces a strong start to 2025, with record deferred revenue and double-digit growth expected in operating income and AOI.
Better than expected
 

NYSE
81 days, 14 hours ago 
LYV
Live Nation Entertainment, INC
SCHEDULE 13G/A: BlackRock Amends Live Nation Entertainment Stake, Reports 4.9% Passive Ownership
BlackRock, Inc. has filed an amended Schedule 13G, disclosing a 4.9% beneficial ownership stake in Live Nation Entertainment, Inc. as of March 31, 2025.

NYSE
85 days, 3 hours ago 
LYV
Live Nation Entertainment, INC
DEFA14A: Live Nation Entertainment Sets Date for 2025 Annual Stockholders Meeting
Live Nation Entertainment will hold its annual stockholders meeting on June 12, 2025, to vote on director elections, executive compensation, and the ratification of Ernst & Young LLP as the company's independent auditor.

NYSE
85 days, 7 hours ago 
LYV
Live Nation Entertainment, INC
DEF: Live Nation Entertainment Announces 2025 Annual Meeting and Director Nominees
Live Nation Entertainment will hold its 2025 Annual Meeting of Stockholders on June 12, 2025, to elect directors, conduct an advisory vote on executive compensation, and ratify the appointment of Ernst & Young LLP as the independent auditor.

NYSE
87 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director James Kahan Reports Gift of Shares for Estate Planning
James Kahan, a director at Live Nation Entertainment, reported gifting shares of common stock for estate and tax planning purposes, with no securities sold.

NYSE
98 days, 18 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CEO Michael Rapino Disposes of Shares for Tax Obligations
Michael Rapino, CEO of Live Nation Entertainment, disposed of 24,858 shares of common stock on April 9, 2025, to cover tax obligations related to vesting restricted stock grants.

NYSE
105 days, 16 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Executive John Hopmans Reports Stock Transaction
John Hopmans, EVP at Live Nation Entertainment, reports disposition of shares for tax purposes following vesting of restricted stock.

NYSE
107 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Executive Brian Capo Reports Stock Transaction
Brian Capo, Chief Accounting Officer of Live Nation Entertainment, reports disposition of 915 shares of common stock for tax purposes related to vesting of restricted stock grants.

NYSE
127 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director Jeffrey T. Hinson Sells 500 Shares
Director Jeffrey T. Hinson sold 500 shares of Live Nation Entertainment (LYV) at $122.95 on March 12, 2025.

NYSE
127 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Executive Brian Capo Sells Shares
Brian Capo, Chief Accounting Officer of Live Nation Entertainment, sold 5,066 shares of common stock on March 11, 2025, at a price of $123.24 per share.

NYSE
129 days, 18 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director Jeffrey T. Hinson Gifts Shares to Non-Profits
Director Jeffrey T. Hinson of Live Nation Entertainment gifted 825 shares of common stock to 501(c)(3) non-profit organizations on March 7, 2025.

NYSE
140 days, 16 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Executive Brian Capo Reports Stock Award
Brian Capo, Chief Accounting Officer of Live Nation Entertainment, reports the acquisition of 3,288 shares of common stock as a restricted stock award.

NYSE
140 days, 16 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CEO Michael Rapino Reports Stock Transactions
Michael Rapino, CEO of Live Nation Entertainment, reports acquisition and disposal of common stock related to restricted stock vesting and tax withholdings.

NYSE
142 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment EVP & General Counsel Michael Rowles Executes Stock Options, Sells Shares
Michael Rowles, EVP & General Counsel of Live Nation Entertainment, exercised stock options and sold shares of common stock on February 24 and 25, 2025.

NYSE
148 days, 19 hours ago 
LYV
Live Nation Entertainment, INC
10-K: Live Nation Entertainment Reports 2024 Results, Exceeding Prior Year's Revenue
Live Nation Entertainment connected over 788 million fans in 2024, surpassing last year's revenue despite a decline in operating income due to Astroworld legal contingencies.

NYSE
148 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
8-K: Live Nation Entertainment Reports Record Full Year and Fourth Quarter 2024 Results Driven by Global Fan Demand
Live Nation Entertainment announces record revenue and profitability for 2024, fueled by strong global demand for live music and strategic investments in venues and artist support.
Better than expected
 

NYSE
154 days, 16 hours ago 
LYV
Live Nation Entertainment, INC
SCHEDULE 13G/A: Select Equity Group and George Loening Disclose 3.6% Stake in Live Nation Entertainment
Select Equity Group, L.P. and its majority owner, George S. Loening, have jointly disclosed a beneficial ownership of 3.6% in Live Nation Entertainment, Inc. as of December 31, 2024.

NYSE
158 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Executive Michael Rowles Reports Stock Transactions
EVP & General Counsel of Live Nation Entertainment, Michael Rowles, reports acquisition and disposal of common stock related to performance share award vesting.

NYSE
158 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Executive John Hopmans Reports Stock Transactions
John Hopmans, EVP of M&A and Strategic Finance at Live Nation Entertainment, reports the vesting of performance share awards and subsequent stock transactions.

NYSE
158 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment CFO Joe Berchtold Reports Stock Transactions
Joe Berchtold, CFO of Live Nation Entertainment, reports the vesting of performance share awards and subsequent stock transactions.

NYSE
158 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CEO Michael Rapino Reports Stock Transactions Following Performance Share Vesting
Michael Rapino, CEO of Live Nation Entertainment, reports the vesting of performance shares and subsequent stock transactions, including the withholding of shares for tax purposes.

NYSE
189 days, 19 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Executive John Hopmans Acquires Shares Through Performance Award Vesting
Live Nation Entertainment's EVP, John Hopmans, acquired 49,279 shares of common stock through the vesting of a performance share award, with a portion of the shares withheld for tax purposes.

NYSE
189 days, 19 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Executive Michael Rowles Acquires Shares Through Performance Award Vesting
Live Nation's EVP & General Counsel, Michael Rowles, acquired 12,685 shares of common stock through the vesting of a performance share award, with a portion of the shares withheld for tax purposes.

NYSE
189 days, 19 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CFO Joe Berchtold Acquires Shares Through Performance Award Vesting
Live Nation's CFO, Joe Berchtold, acquired 126,849 shares of common stock due to the vesting of a performance share award, with a portion of the shares withheld for tax purposes.

NYSE
189 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CEO Michael Rapino Reports Stock Transactions Following Performance Share Vesting
Live Nation Entertainment's CEO, Michael Rapino, reports the vesting of performance shares and subsequent stock transactions, including the withholding of shares for tax purposes.

NYSE
196 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CEO Michael Rapino Disposes of Shares for Tax Obligations
Michael Rapino, CEO of Live Nation Entertainment, disposed of 32,038 shares of common stock on January 1, 2025, to cover tax obligations related to vesting restricted stock grants.

NYSE
224 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
8-K: Live Nation Closes $1.1 Billion Convertible Notes Offering to Refinance Debt
Live Nation Entertainment has successfully closed a $1.1 billion convertible senior notes offering, using the proceeds to repurchase existing debt and for general corporate purposes.
Capital raise
 

NYSE
233 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CFO Joe Berchtold Acquires Shares Through Performance Award Vesting
Live Nation's CFO, Joe Berchtold, acquired 139,059 shares of common stock through the vesting of a performance share award, with a portion of the shares being withheld for tax purposes.

NYSE
233 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CEO Michael Rapino Acquires Shares Through Performance Award Vesting
Live Nation Entertainment CEO Michael Rapino acquired 208,588 shares of common stock through the vesting of a performance share award, while also having 56,059 shares withheld for tax purposes.

NYSE
233 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Executive Michael Rowles Reports Stock Transactions Following Performance Target Achievement
Live Nation's EVP & General Counsel, Michael Rowles, received 13,906 shares of restricted stock and disposed of 3,738 shares for tax purposes following the vesting of a performance share award.

NYSE
233 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Executive John Hopmans Reports Stock Transactions Following Performance Target Achievement
Live Nation's EVP, John Hopmans, acquired 54,022 shares of restricted stock and disposed of 13,690 shares for tax purposes following the vesting of a performance share award.

NYSE
249 days, 7 hours ago 
LYV
Live Nation Entertainment, INC
10-Q: Live Nation Entertainment Reports Mixed Q3 Results Amidst Stadium Show Volume Decline
Live Nation Entertainment's third-quarter revenue decreased by 6% due to a reduction in stadium show volume, though the company saw growth in other areas.
Worse than expected
 

NYSE
249 days, 7 hours ago 
LYV
Live Nation Entertainment, INC
8-K: Live Nation Entertainment Reports Record Concert Profitability in Third Quarter 2024
Live Nation Entertainment announced strong third-quarter 2024 results, highlighted by record concert profitability and continued growth in ticket sales and venue spending.
Better than expected
 

NYSE
289 days, 19 hours ago 
LYV
Live Nation Entertainment, INC
4/A: Live Nation Executive John Hopmans Corrects Stock Transaction Reporting
John Hopmans, EVP of M&A and Strategic Finance at Live Nation Entertainment, files an amended Form 4/A to correct the number of shares withheld for tax purposes and the number of securities beneficially owned after a previous transaction.

NYSE
309 days, 17 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment CFO Joe Berchtold Exercises Stock Options, Sells Shares for Tax Obligations
Live Nation Entertainment's CFO, Joe Berchtold, exercised stock options and sold a portion of the acquired shares to cover withholding taxes and the exercise price, resulting in a net increase of 15,093 shares in his holdings.

NYSE
309 days, 17 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation CEO Michael Rapino Exercises Stock Options, Sells Shares for Tax Obligations
Live Nation Entertainment's CEO, Michael Rapino, exercised stock options and sold a portion of the acquired shares to cover withholding taxes and the exercise price, resulting in a net increase of 51,151 shares in his holdings.

NYSE
309 days, 17 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment EVP Michael Rowles Exercises and Sells Stock Options
Live Nation Entertainment's EVP & General Counsel, Michael Rowles, exercised stock options and sold the acquired shares on September 11, 2024.

NYSE
310 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director Jeffrey T. Hinson Sells 5,640 Shares
Director Jeffrey T. Hinson of Live Nation Entertainment sold 5,640 shares of common stock at an average price of $95.18 on September 9, 2024.

NYSE
318 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Liberty Media Corp Executes Exchange and Redemption of Live Nation Entertainment Debentures
Liberty Media Corp reports the exchange and redemption of its 0.50% exchangeable senior debentures due 2050 for Live Nation Entertainment, Inc. common stock.

NYSE
323 days, 22 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director Jeffrey T. Hinson Donates Shares to Non-Profit
Director Jeffrey T. Hinson of Live Nation Entertainment, Inc. [LYV] gifted 200 shares of common stock to a 501(c)(3) non-profit organization on August 27, 2024.

NYSE
330 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director Ping Fu Sells 1,701 Shares
Director Ping Fu of Live Nation Entertainment sold 1,701 shares of common stock at a price of $96.56 on August 20, 2024.

NYSE
332 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Executive Exercises Stock Options, Sells Shares
Brian Capo, Chief Accounting Officer of Live Nation Entertainment, exercised stock options and sold shares on August 19, 2024.

NYSE
332 days, 20 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director, Jeffrey T. Hinson, Sells 1,500 Shares
Jeffrey T. Hinson, a director at Live Nation Entertainment, sold 1,500 shares of common stock at a price of $94.11 on August 16, 2024.

NYSE
353 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
10-Q: Live Nation Entertainment Reports Record Second Quarter Performance, Driven by Concerts Segment Growth
Live Nation Entertainment's second quarter of 2024 saw record operating income and adjusted operating income (AOI), driven by significant growth in its Concerts segment.
Better than expected
 

NYSE
353 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
8-K: Live Nation Entertainment Reports Strong Second Quarter 2024 Results Driven by Global Concert Demand
Live Nation Entertainment announced a robust second quarter in 2024, marked by a 7% revenue increase and a 21% rise in operating income, fueled by strong global demand for live events.
Better than expected
 

NYSE
371 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Executive John Hopmans Reports Stock Transactions Following Performance Share Vesting
EVP John Hopmans of Live Nation Entertainment reports acquisition and disposal of company stock following the vesting of performance share awards.

NYSE
399 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director, Jeffrey T. Hinson, Acquires Restricted Stock Award
Jeffrey T. Hinson, a director at Live Nation Entertainment, acquired 2,115 shares of common stock as a restricted stock award on June 13, 2024, which will vest on June 13, 2025.

NYSE
399 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director Gregory B. Maffei Acquires 4,019 Shares of Common Stock
Gregory B. Maffei, a director at Live Nation Entertainment, acquired 4,019 shares of common stock on June 13, 2024, as part of a restricted stock award.

NYSE
399 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director Latriece Watkins Reports Stock Award and Disposal
Director Latriece Watkins reports receiving a stock award and disposing of shares of Live Nation Entertainment, Inc.

NYSE
399 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Maverick Carter Receives Restricted Stock Award from Live Nation Entertainment
Director Maverick Carter received 2,115 shares of Live Nation Entertainment restricted stock on June 13, 2024, which will vest on June 13, 2025.

NYSE
399 days, 21 hours ago 
LYV
Live Nation Entertainment, INC
Form 4: Live Nation Entertainment Director Ping Fu Reports Stock Award and Disposal
Director Ping Fu reports receiving a stock award and disposing of shares of Live Nation Entertainment, Inc.

LYV 
Live Nation Entertainment, INC 
NYSE

8-K: Live Nation Entertainment Reports Strong Second Quarter 2024 Results Driven by Global Concert Demand

Sentiment:
 Quarterly Report
 30 July 2024 4:24 PM

Live Nation Entertainment announced a robust second quarter in 2024, marked by a 7% revenue increase and a 21% rise in operating income, fueled by strong global demand for live events.

Better than expected
  The company's revenue, operating income, and adjusted operating income all exceeded expectations with significant year-over-year growth.  The company also reported record Q2 concerts adjusted operating income margin of 5.4%. 

Summary
  • Live Nation Entertainment reported a strong second quarter for 2024, with revenue up 7% to over $6 billion.
  • Operating income increased by 21% to $466 million, and adjusted operating income also rose by 21% to $716 million.
  • The company saw a record Q2 concerts adjusted operating income margin of 5.4%.
  • Venue Nation hosted 24 million fans year-to-date, a 10% increase, with double-digit growth in onsite spending at festivals and amphitheaters.
  • Live Nation concerts attracted 39 million fans globally, a 5% increase, with double-digit growth at arenas and amphitheaters.
  • The company sold 183 million fee-bearing tickets year-to-date, a 3% increase despite reduced stadium activity.
  • Onsite sponsorship from operated venues and festivals increased by 28% year-to-date.
  • Year-to-date ticket sales for 2024 Live Nation concerts are higher than 2023, with double-digit increases for arena, amphitheater, and theater and club shows.
  • Confirmed shows for large venues are up double-digits, and cancellation rates for North America concerts are tracking lower than 2023 levels.
  • Venue Nation plans to host over 60 million fans this year, a 10%+ increase, with average per fan spending at amphitheaters expected to grow by approximately $2.
  • The company plans to open 14 major venues globally in 2024/25.
  • New artists touring are up 130% year-to-date, with nearly half performing at On The Road Again venues.
  • International artists have attracted 50% more fans year-to-date compared to 2019 across the top 50 global tours.
  • Approximately 17 million net new enterprise tickets were signed year-to-date, with two-thirds from international markets.
  • Ticket sales in Mexico are up 15% year-to-date, and over one million tickets were sold in newly launched markets Brazil and Peru.
  • Q4 onsale activity related to 2025 stadium shows is expected to be strong, driving 2024 operating income and adjusted operating income growth.
  • Nearly all expected sponsorship commitments for the year have been booked, up double-digits.
  • Onsite sponsorship is expected to be the primary driver of 2024 growth.
  • Concerts revenue was up 8% to approximately $5 billion, with adjusted operating income up 61% to $271 million.
  • Almost one-third of Live Nation's amphitheaters have been refreshed since 2022, delivering an aggregate return of over 30% on 2022/23 projects.
  • Capital expenditures for 2024 are estimated to be $650 million, with three-quarters driven by Venue Nation.
  • The company has $100 million in committed capital from sponsorship agreements, joint venture partners, and other third parties.
  • Year-to-date net cash provided by operating activities is $1.4 billion, and free cash flow adjusted is $635 million.
  • Q2 ended with $6.4 billion in cash and cash equivalents.
  • An additional $94 million in accruals related to the Astroworld litigation were recognized in Q2, for a total of $280 million this year.
  • Depreciation and amortization are expected to be $75 million higher than 2023.
  • The impact of foreign exchange rates on revenue, operating income, and adjusted operating income for the full year is expected to be immaterial.
Sentiment

Score: 9

Explanation: The document conveys a very positive sentiment due to strong financial results, significant growth metrics, and optimistic future outlook. The company is clearly performing well and is positioned for continued success.

Positives
  • Strong revenue growth of 7% in the second quarter of 2024.
  • Significant increase in operating income and adjusted operating income, both up by 21%.
  • Record Q2 concerts adjusted operating income margin of 5.4%.
  • Double-digit growth in onsite spending at festivals and amphitheaters.
  • Increase in fan attendance at Live Nation concerts, with double-digit growth at arenas and amphitheaters.
  • Growth in fee-bearing tickets sold, despite reduced stadium activity.
  • Strong growth in onsite sponsorship revenue.
  • Increase in new artists touring, indicating a healthy pipeline.
  • International markets are a key driver of growth, with strong ticket sales in Mexico and new markets.
  • Successful venue enhancements delivering strong returns.
  • Strong cash flow from operations and free cash flow.
  • Strong balance sheet with $6.4 billion in cash and cash equivalents.
Negatives
  • Operating income was negatively impacted by one-time accruals.
  • Reduced stadium activity impacted overall ticket sales growth.
  • Depreciation and amortization are expected to be $75 million higher than 2023.
  • The company recognized an additional $94 million in accruals related to the Astroworld litigation in Q2, for a total of $280 million this year.
Risks
  • Operational challenges in achieving strategic objectives and executing on the company's plans.
  • The risk that the company's markets do not evolve as anticipated.
  • The potential impact of any economic slowdown.
  • Operational challenges associated with selling tickets and staging events.
  • The ongoing Astroworld litigation and associated costs.
Future Outlook

Live Nation anticipates delivering double-digit adjusted operating income growth for the year and expects a very busy 2025. The company expects strong onsale activity in Q4 related to 2025 stadium shows, driving 2024 operating income and adjusted operating income growth. Onsite sponsorship is expected to be the primary driver of 2024 growth. Full-year adjusted operating income margin is expected to expand towards pre-pandemic levels. The company plans to open 14 major venues globally in 2024/25.

Management Comments
  • Michael Rapino, President and CEO, stated that they continue to see strong demand globally, with a growing variety of shows attracting both casual and diehard fans.
  • Michael Rapino also noted that Venue Nation's strategic investments in hospitality and infrastructure are driving strong returns.
  • Michael Rapino mentioned that while operating income will be impacted negatively by one-time accruals, they are on track to deliver double-digit AOI growth for the year.
Industry Context

The results indicate a strong recovery and growth in the live entertainment industry, with increased fan attendance and spending. Live Nation's focus on venue enhancements and international expansion aligns with broader industry trends of enhancing the live experience and reaching new markets. The company's strong sponsorship growth also reflects the value of live events for brand partnerships.

Comparison to Industry Standards
  • Live Nation's 7% revenue growth and 21% operating income growth in Q2 2024 are strong compared to other entertainment companies.
  • For example, comparable companies such as AEG Presents have also seen a rebound in live events, but specific financial details are not always directly comparable due to different reporting structures.
  • Live Nation's focus on venue upgrades and expansion is similar to strategies employed by other major venue operators globally, such as ASM Global, which also invests in improving fan experiences.
  • The 30% return on amphitheater upgrades is a strong result, indicating effective capital allocation.
  • The 130% increase in new artists touring is a positive sign for the future pipeline of events, and the 50% increase in international fans compared to 2019 is a strong indicator of global growth.
  • The 17 million net new enterprise tickets signed year-to-date is a significant achievement, demonstrating the company's ability to expand its ticketing business.
Stakeholder Impact
  • Shareholders will benefit from the strong financial performance and positive outlook.
  • Employees may see increased opportunities due to the company's growth.
  • Customers (fans) will benefit from enhanced venue experiences and a wider variety of live events.
  • Suppliers and partners will benefit from increased business activity.
  • Creditors will be reassured by the company's strong cash flow and balance sheet.
Next Steps
  • The company will continue to focus on venue expansion, with plans to open 14 major venues globally in 2024/25.
  • Live Nation will continue to expand its international presence, particularly in markets like Mexico, Brazil, and Peru.
  • The company will focus on driving onsite sponsorship growth, leveraging its venue platform and increased global concert activity.
  • The company will continue to enhance its venue offerings and hospitality to drive per-fan spending.
  • The company will host a teleconference to discuss its financial performance and operational matters.
Legal Proceedings
  • An additional $94 million in accruals related to the Astroworld litigation were recognized in Q2, for a total of $280 million this year.
Key Dates
  • July 30, 2024: Date of the press release announcing Q2 2024 results and the date of the 8-K filing.
Keywords
Live Nation, Concerts, Ticketing, Sponsorship, Venue Nation, Live Events, Entertainment, Revenue, Operating Income, Adjusted Operating Income, Ticket Sales, Fan Attendance, Capital Expenditures, Free Cash Flow

LYV 
Live Nation Entertainment, INC 
NYSE
Sector: Communication Services
 
Filings with Classifications
Capital raise
30 May 2025 9:11 PM

Amendment to Beneficial Ownership Statement
  • LN Holdings 1, LLC (LNSPV), a subsidiary of Liberty Media, entered into 2025 Forward Contracts with multiple dealers.
  • These contracts allow LNSPV to elect to receive prepayment amounts up to approximately $1.15 billion in aggregate.
  • This liquidity is intended to provide SplitCo (Liberty Live Holdings, Inc.) with funds, if needed, to satisfy potential cash settlements for the 2.375% exchangeable senior debentures due 2053, which SplitCo will assume as part of the Split-Off.
Capital raise
30 May 2025 5:22 PM

Statement of Changes in Beneficial Ownership
  • LN Holdings 1, LLC, an indirect wholly-owned subsidiary of Liberty Media, is entitled to elect to receive prepayment amounts of up to approximately $1.15 billion in aggregate.
  • This prepayment is received from four unaffiliated third-party buyers in exchange for the obligation to deliver up to 10,488,960 shares of Live Nation common stock or an equivalent cash amount over a period ending in Q1 2027.
Worse than expected
1 May 2025 4:17 PM

Quarterly Report
  • The company's revenue decreased by 11% due to fewer arena shows in the United States.
  • The Concerts segment experienced a revenue decrease of 14%.
  • The Ticketing segment revenue decreased by 4% due to lower ticket sales in North America.
Better than expected
1 May 2025 4:14 PM

Quarterly Report
  • The company is on track to deliver a record year with double-digit growth in operating income and adjusted operating income for the year.
  • Concerts event-related deferred revenue reached $5.4 billion, a 24% increase year-over-year.
  • Ticketmaster transacted ticket sales for concerts up 25% and GTV up 45% for the first two weeks of April.
Better than expected
20 February 2025 5:05 PM

Earnings Release
  • The company's adjusted operating income (AOI) increased by 14% year-over-year, indicating improved profitability.
  • Concert AOI increased by 65% year-over-year, demonstrating strong performance in the core business segment.
  • The stadium show pipeline is up 60% for 2025, suggesting continued growth momentum.
Capital raise
6 December 2024 4:56 PM

Debt Offering Announcement
  • Live Nation raised $1.1 billion through the issuance of convertible senior notes.
  • The company granted initial purchasers an option to purchase an additional $100 million in notes, which was fully exercised.
Worse than expected
12 November 2024 6:10 AM

Quarterly Report
  • The company's third-quarter revenue and operating income were worse than the same period last year due to a reduction in stadium show volume.
Better than expected
12 November 2024 6:03 AM

Quarterly Report
  • The company reported record concert profitability with a 39% increase in adjusted operating income.
  • Ticket sales are up, with 144 million tickets sold for 2024 concerts through October.
  • Ticketmaster's October transacted ticket sales increased by 15% on all ticket volume and 23% for concert events.
  • On-site spending per fan is up at major festivals and amphitheaters.
  • The company has a strong pipeline of concerts for 2025, with over 20 million tickets already sold.
Better than expected
30 July 2024 4:30 PM

Quarterly Report
  • The company reported record second quarter operating income and AOI, both up 21% year-over-year, indicating better than expected results.
Better than expected
30 July 2024 4:24 PM

Quarterly Report
  • The company's revenue, operating income, and adjusted operating income all exceeded expectations with significant year-over-year growth.
  • The company also reported record Q2 concerts adjusted operating income margin of 5.4%.
Worse than expected
23 May 2024 2:56 PM

Legal Filing
  • The lawsuit and potential divestiture of Ticketmaster are significantly worse than expected for Live Nation.
Worse than expected
2 May 2024 4:19 PM

Quarterly Report
  • The company's operating income was significantly worse than the same period last year due to a $186 million charge related to the Astroworld festival litigation.
Better than expected
2 May 2024 4:15 PM

Quarterly Report
  • The company's revenue and adjusted operating income exceeded expectations, driven by strong demand for live events and increased sponsorship revenue.
Better than expected
22 February 2024 4:27 PM

Annual Results
  • The company's revenue, operating income, adjusted operating income, and free cash flow all exceeded expectations, demonstrating strong financial performance.
  • The company's growth in concert attendance, ticket sales, and sponsorship revenue was also better than expected, indicating strong demand for live events.
  • The company's EPS more than doubled, significantly exceeding expectations.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.