Live Nation Entertainment Inc Stock Price, News & Analysis

Live Nation Entertainment (LYV) reported strong financial results for Q2 2022, showcasing a remarkable recovery in the live entertainment sector. Revenue surged 40% to $4.4 billion compared to Q2 2019, with operating income increasing 86% to $319 million. Attendance reached over 33 million fans across 12,500 events. The company sold over 100 million tickets this year, surpassing 2019 totals. Key partnerships with brands like Google and AWS boosted sponsorship revenue by 81%. With a robust concert pipeline, Live Nation is positioned for continued growth into 2023.

The XFL has partnered with Ticketmaster as its Official Ticketing Partner for the upcoming 2023 season, which kicks off on February 18, 2023. This multi-year partnership enables Ticketmaster to handle ticketing for all 43 games across the league's eight team markets. The collaboration will introduce a mobile-first ticketing strategy, offering fans the ability to buy, manage, and experience tickets digitally using advanced technology, including a 'Virtual Venue' feature for seat selection. This agreement is seen as a step toward enhancing the fan experience and expanding the XFL's market reach.

Live Nation Entertainment (NYSE: LYV) scheduled its second quarter financial results release for August 4, 2022, after market hours. CEO Michael Rapino will lead a teleconference at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company’s performance and expectations. A live webcast will be available on the investor relations section of their website, providing further details and financial information. As a leader in live entertainment, Live Nation's results are anticipated to impact investor sentiment significantly.

Mercury Insurance (NYSE: MCY) and Live Nation have partnered to launch the 'My First Car' series, featuring music artists sharing memories connected to their first vehicles. The series aims to engage fans by providing personal stories about freedom and nostalgia associated with first cars. Train's lead singer, Pat Monahan, recalls driving a 1978 Chevrolet Chevette, highlighting the sense of independence it provided. Fans can access the 2022 concert series and watch related videos online.

Jeff Dunham announces three new performance dates for his show "JEFF DUNHAM: SERIOUSLY!?" at Zappos Theater in Planet Hollywood Resort & Casino. The shows are scheduled for November 5, November 12, and December 2, 2022. Tickets go on sale to the public on July 23, 2022, at 10 a.m. PT. Presale access for Jeff Dunham's fan club starts on July 20. Citibank cardholders and Caesars Rewards members can also purchase presale tickets on July 20 and July 21 respectively. Dunham is recognized for breaking records in the comedy industry.

Emmanuel will perform at The Colosseum at Caesars Palace in Las Vegas on September 17, 2022, as part of his Toda La Vida tour. This marks his debut at the venue and coincides with Mexican Independence Day celebrations. Tickets go on sale to the public on July 15 at 10 a.m. PT, with presales starting on July 14 for loyalty program members. The production, by Live Nation, promises an extravagant show featuring lights, costumes, and special guest Alexander Acha.

Wrangler® has launched a "75 Days of Summer" campaign to commemorate its 75th anniversary by partnering with iconic music festivals Lollapalooza (Chicago and Berlin) and the Austin City Limits Music Festival. This initiative includes a sweepstakes offering prizes over 75 days, interactive booths at festivals for exclusive denim merchandise, and personalization options for fans. The brand emphasizes its long-standing connection to music culture, showcasing its heritage in fashion and self-expression through music.