Live Nation Entertainment Inc Stock Price, News & Analysis

Live Nation Entertainment (NYSE: LYV) announced that President and CFO Joe Berchtold will present at two upcoming conferences: Morgan Stanley's Technology, Media and Telecom Conference on March 10, 2022, at 2:25 p.m. PT, and Deutsche Bank's 30th Annual Media, Internet and Telecom Conference on March 14, 2022, at 10:35 a.m. PT. A live webcast of both events will be available on the company's investor relations website.

Live Nation is the leading live entertainment company, encompassing Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship.

Live Nation Entertainment reported significant growth in its 2021 financial results, with operating income improving by $1.2 billion and Adjusted Operating Income (AOI) increasing by $1.3 billion compared to 2020. The company hosted 35 million fans at concerts, indicating a strong recovery post-pandemic. In Q4 alone, ticketing income surged by 118%, with average per-fan revenue up double-digits. Looking ahead, Live Nation expects record-breaking performance in 2022, driven by a robust ticket sales pipeline and expanding sponsorship commitments, with over 45 million tickets already sold for upcoming shows.

The Backstreet Boys are set to return to Las Vegas with four shows at The Colosseum at Caesars Palace on April 8, 9, 15, and 16, 2022. This performance marks the launch of their DNA World Tour 2022.

Following their record-breaking residency from 2017 to 2018, these shows aim to attract a global audience. A presale for Fan Club members starts on February 24, 2022, with general ticket sales commencing on February 28, 2022. The Backstreet Boys remain one of pop's most influential groups, boasting over 130 million worldwide sales.

Usher, the eight-time GRAMMY Award-winning global star, will launch a new residency at Dolby Live at Park MGM starting July 15, 2022. This follows his prior successful residency in 2021, which sold out all 20 shows. Presented by Live Nation and MGM Resorts International, the show promises an immersive experience with audience interactions in a 5,200-seat venue, showcasing hits from Usher’s two-decade career. Public ticket sales begin on February 25, 2022, with prices starting at $79.

Live Nation Entertainment (NYSE: LYV) is set to release its fourth quarter and full year 2021 financial results on February 23, 2022, after market hours. The company's CEO, Michael Rapino, will discuss the performance in a teleconference at 2:00 p.m. PT. An investor presentation will follow on February 24, 2022, at 7:00 a.m. PT. Both events will be available via a live webcast on their investor relations website, providing stakeholders with insights into the company’s operational outlook and forward-looking performance metrics.

Chef Tim Love has announced the opening of Tannahill's Tavern & Music Hall in Fort Worth's Historic Stockyards, slated for 2022. This new venue is designed to enhance the local music scene and will feature state-of-the-art audio and lighting systems, accommodating up to 1,000 guests. It includes facilities for dining and events for up to 500 people, along with three VIP suites. Live Nation will be the venue's booking partner, aiming to attract a variety of artists and elevate Fort Worth's reputation in live entertainment.

Lady Gaga will return to Dolby Live at Park MGM in Las Vegas for her LADY GAGA JAZZ & PIANO show starting April 14, 2022, covering nine select dates. This collaboration between MGM Resorts International and Live Nation celebrates her love for the Great American Songbook and her recent album with Tony Bennett, Love For Sale. Pre-sale tickets are available for her fan community and Citi® / AAdvantage® cardholders from February 1-3, 2022, with general sales commencing on February 4, 2022. Proof of vaccination or negative COVID-19 test is required for entry.

Global country music star Keith Urban has confirmed five new performances for his show Keith Urban Live – Las Vegas at The Colosseum at Caesars Palace. Scheduled for March 25, 26, and 30, alongside April 1 and 2, these dates precede the previously announced Memorial Day Weekend shows on May 27-29. Tickets go on sale to the public on January 31, with presale opportunities available for fan club members and select credit card holders.

Multi-GRAMMY Award-nominated duo Silk Sonic is set to debut an extended engagement at Dolby Live at Park MGM in Las Vegas starting February 25. The performance schedule includes various dates in February and April, with tickets priced from $125. Pre-sales begin on January 19 for M life Rewards members and Live Nation customers. Silk Sonic, known for hits like "Leave The Door Open," will bring their unique sound to the stage as they continue to garner acclaim, including four Grammy nominations.