Welcome to our dedicated page for Live Nation Entertainment news (Ticker: LYV), a resource for investors and traders seeking the latest updates and insights on Live Nation Entertainment stock.
Live Nation Entertainment (LYV) drives the global live entertainment industry through its integrated ecosystem of concert promotion, venue operations, and Ticketmaster's market-leading ticketing platform. This resource provides investors and industry professionals with direct access to official corporate announcements and strategic updates.
Track LYV's latest developments across earnings reports, venue expansions, artist partnerships, and technological innovations in event management. Our curated collection ensures timely access to press releases detailing financial performance, operational milestones, and initiatives enhancing fan experiences through transparent pricing models.
Discover updates on LYV's international festival productions, sponsorship agreements, and advancements in digital ticketing infrastructure. This page serves as your primary source for understanding how the company maintains its leadership in connecting artists with audiences across 45+ countries.
Bookmark this page for streamlined monitoring of Live Nation's market position and operational strategies. Return regularly to stay informed about critical developments affecting the live entertainment sector's evolving landscape.
Live Nation Entertainment (LYV) announced a proposed offering of $450 million in common stock under the Securities Act of 1933. The proceeds will primarily fund the acquisition of 51% of OCESA Entretenimiento, S.A. de C.V. Remaining funds will be used for general corporate purposes. The offering is not contingent on this acquisition's completion. Goldman Sachs acts as the sole book-running manager. The company emphasizes the inherent risks and uncertainties associated with the offering, including market conditions and management's discretion over the use of proceeds.
Live Nation Entertainment (NYSE: LYV) has resumed its acquisition of a 51% stake in OCESA Entretenimiento, a major Latin American promoter, for approximately USD$444 million. This deal, initially announced in July 2019 but delayed due to the pandemic, is expected to close by late 2021 or early 2022, pending regulatory approval. OCESA, which promotes over 3,100 events annually across Mexico and Colombia, enhances Live Nation's global platform, supporting artists and boosting ticket sales and attendance as live events return.
Live Nation Entertainment (NYSE: LYV) announced that Joe Berchtold, President and CFO, will speak at the Goldman Sachs Communacopia Conference on September 23, 2021 at 10:15 a.m. PT. The session will be available via a live webcast on the company's website under the 'News / Events' section. Live Nation is a leading entity in the live entertainment industry, with key divisions including Ticketmaster and Live Nation Concerts. For further information, visit www.livenationentertainment.com.
Lady Gaga will return to Park MGM in Las Vegas for nine performances of her LADY GAGA JAZZ & PIANO show starting October 2021. This event is a collaboration between MGM Resorts International and Live Nation, celebrating her upcoming album Love For Sale, set to release on October 1. The presale begins on August 24 for fan community members and extends to other groups afterward. Tickets start at $90 and will be available from August 28. The event mandates proof of negative COVID-19 test or vaccination for entry.
On August 16, 2021, KISS announced their final Las Vegas residency at the Zappos Theater in Planet Hollywood Resort & Casino. The shows will take place during New Year's week, including performances on December 29, 31, and January 1, followed by additional shows from January 19 to February 5, 2022. Tickets go on sale to the public on August 20, 2021, with presales available for KISS Army members starting August 17 and Citi cardholders from August 18. Known for their iconic performances, KISS has sold over 100 million albums globally.
Jeff Dunham has announced four new performance dates for his show "JEFF DUNHAM: SERIOUSLY!?" at The Colosseum at Caesars Palace, Las Vegas. The shows are scheduled for September 26, October 17, November 14, and December 9, 2021. Tickets go on sale to the public on August 14 at 10 a.m. PT, while presale access starts for fan club members on August 11 and for Caesars Rewards and Live Nation customers on August 12. All shows will begin at 7:30 p.m..
Live Nation Entertainment (LYV) reported improved operating income of over $450 million for Q2 2021, marking a return to adjusted profitability. Event-related deferred revenue reached $2.1 billion, up $650 million. Ticket sales are surging, with Ticketmaster North America achieving its 4th best month ever for ticket volume. The company anticipates a strong recovery into 2022 and beyond, with over 6 million fans expected at festivals in the latter half of 2021. Liquidity remains robust at $2.1 billion, supporting future growth as live events resume.
Live Nation announced the final dates for the country music residency "REBA, BROOKS & DUNN: Together in Vegas" at The Colosseum, Caesars Palace, from December 1 to 15, 2021. This residency is celebrated for showcasing over 30 hit songs performed by music icons Reba McEntire, Kix Brooks, and Ronnie Dunn. Public ticket sales start on August 6, 2021, at 10 a.m. PT, with presale opportunities for fan club members and Citi cardholders beginning earlier. The residency highlights Live Nation's prominent role in the live entertainment scene.
Live Nation Entertainment (NYSE: LYV) will release its second quarter 2021 financial results on August 3, 2021, after market hours. CEO Michael Rapino will host a teleconference at 2:00 p.m. PT to discuss financial performance and operational outlook. Interested parties can access the live webcast through the company's investor relations website. Live Nation is a leader in the live entertainment sector, encompassing Ticketmaster and Live Nation Concerts. For more details, visit the company's official website.
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