| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 5.8B | -28% |
| Operating Income | -81.5MM | -113% |
| Operating Expenses | 5.9B | - |
| Net Income | -210.7MM | -144% |
| G&A | 1B | +5% |
| Amortization | 61.6MM | -3% |
| Interest Expense | 92.8MM | +8% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Live Nation (LYV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Revenge of the Swifties, courtesy of a potential antitrust lawsuit.
Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, will release its first quarter financial results after market hours on Thursday, May 2, 2024. Michael Rapino, Live Nation Entertainment's President and Chief Executive Officer, will host a teleconference that day at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's financial performance, operational outlook, and other forward-looking matters.
Ticketmaster currently controls more than 80% of the market share for major concerts–and customers pay dearly, in more ways than one.
Live Nation has been at the center of antirust concerns since its 2010 merger with Ticketmaster.
Shares of live events and entertainment company Live Nation (NYSE:LYV) fell 9.6% in the pre-market session after the Wall Street Journal reported that the Justice Department is preparing to file an antitrust lawsuit against the company. According to the reports, there are allegations that Live Nation "used its dominance in a matter that undermined competition for ticketing live events."
The Justice Department is preparing to sue Live Nation, the parent of Ticketmaster, as soon as next month, according to The Wall Street Journal.
**↘️** **Live Nation Entertainment (LYV)**: Shares of the Ticketmaster parent company slid more than 7% after the Journal reported that the Justice Department is preparing to sue it as soon as next month.
Shares of Live Nation Entertainment (LYV) are plunging as the Wall Street Journal reports the Justice Department is preparing to file an antitrust lawsuit against the company as soon as next month. Yahoo Finance reporter Alexandra Canal joins The Morning Brief to discuss the allegations, which take aim at the company's leveraging of its market dominance to harm competitors. Though the federal government did approve the Ticketmaster-Live Nation merger in 2010, Canal flags that Live Nation has s...
The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans.