Live Nation Entertainment Inc Stock Price, News & Analysis

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.

Shania Twain has revealed the final 16 dates for her residency, Shania Twain "Let's Go!", at Zappos Theater, Planet Hollywood Resort & Casino. The shows are scheduled for June 3-18 and August 26-September 10, 2022. Tickets go on sale December 17, with presales starting December 14 and December 15 for fan club members and Caesars Rewards members, respectively. A portion of ticket sales will benefit Shania Kids Can, a charity supporting children in need. Twain, a five-time GRAMMY winner, remains the best-selling female country artist, having sold over 90 million albums worldwide.

Four-time GRAMMY winners, The Doobie Brothers, will perform an exclusive eight-show engagement at Zappos Theater in Las Vegas from May 13 to May 28, 2022. Following their 50th Anniversary Tour, the legendary band featuring TOM JOHNSTON, MICHAEL MCDONALD, PAT SIMMONS, and JOHN MCFEE will present iconic hits each night starting at 8 p.m.. Tickets go on sale to the public on December 17, with presales for Caesars Rewards members and Live Nation customers beginning on December 15.

Live Nation Entertainment (NYSE: LYV) has completed the acquisition of a 51% controlling interest in OCESA Entretenimiento, a major live event promoter in Latin America, for MXN$8,835 million. This deal enhances Live Nation's operations in Latin America, allowing for better artist services and expanding its live entertainment platform. OCESA hosts thousands of events annually and manages Ticketmaster Mexico, selling approximately 20 million tickets each year. Live Nation anticipates growth in the region and increased ticket sales, with over 22 million tickets sold for 2022 concerts as of mid-October.

John Legend will headline a new residency, "Love In Las Vegas," at the Zappos Theater in Planet Hollywood Resort & Casino, starting on April 22, 2022. The residency, promoted by Live Nation, will feature Legend's greatest hits in a vibrant concert experience.

Tickets go on sale December 13, 2021, with presales available for fan club members and Citi cardmembers starting December 8. The initial performance dates include 24 shows across April, May, August, and October 2022.

Live Nation Entertainment (LYV) reported a strong third quarter for 2021, achieving $137 million in operating income and $306 million in AOI. This marks a return to profitability across all business segments, fueled by 17 million fans attending shows, driving double-digit growth in pricing and on-site spending. Ticketmaster also reported its highest operating income and AOI quarter ever, with trends indicating strong demand for 2022 shows, including 22 million tickets already sold. Sponsorship commitments also rose significantly, showcasing the recovery in live entertainment.

Live Nation Entertainment (NYSE: LYV) will have its President and CFO, Joe Berchtold, participate in a fireside chat at the Morgan Stanley European Technology Media & Telecom Conference. The event is scheduled for November 17, 2021, at 9:20 a.m. PT. A live webcast of the session will be available on the company’s investor relations website. Live Nation is recognized as the top global live entertainment company, encompassing Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship.

Sting has launched his residency, "My Songs," at The Colosseum at Caesars Palace in Las Vegas, featuring hits from his illustrious career, including "Roxanne" and "Every Breath You Take." Produced by the Cherrytree Music Company, Live Nation, and Caesars Entertainment, the residency runs through November 13, 2021, and will resume in June 2022. Tickets are currently available, including VIP packages that offer unique experiences. Sting's new album, The Bridge, will be released on November 19, showcasing his diverse songwriting talents amidst the pandemic's challenges.