Live Nation Entertainment, Inc. Stock News

Calls have emerged for Oasis and Ticketmaster to refund concert-goers who faced a jump in prices when attempting late last month to buy tickets for the band's reunion tour. Consumer group Which?

LOS ANGELES , Aug. 21, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, announced today that management will be presenting at Bank of America Securities Media, Communications & Entertainment Conference on Wednesday, September 4, 2024 at 7:30 a.m. PT and at Goldman Sachs Communacopia & Technology Conference on Tuesday, September 10...

The United States Department of Justice filed a major lawsuit against Live Nation-Ticketmaster in May, arguing that the entertainment giant is acting as a monopoly. An additional 10 state attorneys general joined the suit this week, bringing the total to 39 states and the District of Columbia.

Justice Department and several states sued three months ago to break up Live Nation, arguing the concert promoter and Ticketmaster illegally inflated concert ticket prices.

Concert giant of monopolistically inflating ticket prices and hurting artists in suit now including 26 states and DC

Ten additional states have joined the U.S. Justice Department's lawsuit against Live Nation-Ticketmaster for monopolizing markets across the live concert industry, the department said on Monday.

Live Nation Entertainment remains a buy with a positive long-term growth outlook and strong 2Q24 results. Strong underlying demand indicators include ticket sales growth, venue expansion, and increased spending per fan. Positive AOI growth improves balance sheet strength, allowing for potential share buybacks and higher CAPEX funding.

Produced by ONE Musicfest in Collaboration with Live Nation Urban The Lineup for the 2024 Music Festival, Features Chart-Topping & Platinum-Selling Artists Cardi B, Gunna, Jill Scott, Victoria Monét, Earth, Wind & Fire, Glorilla, Nelly, Fantasia, Method Man, Young Nudy, Sexyy Red, and Ari Lennox With More Huge Performances to be Announced! Festival Dates are October 26th & 27th at Piedmont Park...