| Market Capitalization (Millions $) |
41,315 |
| Shares
Outstanding (Millions) |
244 |
| Employees |
830 |
| Revenues (TTM) (Millions $) |
26,273 |
| Net Income (TTM) (Millions $) |
365 |
| Cash Flow (TTM) (Millions $) |
2,021 |
| Capital Exp. (TTM) (Millions $) |
1,234 |
Business Description
Live Nation Entertainment Inc. is a leading global entertainment and sports company that was founded in 2005. It operates across five segments, namely:
1. Concerts: This segment is responsible for producing, promoting, and managing live music events and tours around the world. It also includes ticketing services provided by Ticketmaster, which is owned by Live Nation.
2. Sponsorship and Advertising: This segment deals with creating and executing sponsorship programs, advertising campaigns, and brand activations for clients looking to reach consumers through music and sports events.
3. Ticketing: This segment is responsible for selling tickets for events globally through the Ticketmaster platform, which is the world's largest ticketing network.
4. Artist Nation: It is a full-service artist management company that represents a diverse roster of artists from different genres, including Madonna, Lady Gaga, U2, and Jay-Z.
5. Other: This segment includes the artist management and production services provided by Live Nation's subsidiary, Artist Nation, as well as a few other smaller business units.
Live Nation Entertainment Inc. operates in 44 countries and produces over 40,000 events annually. The company's portfolio of events includes music festivals, concerts, sports events, and theatrical productions. In addition to its core operations, Live Nation has several joint ventures, partnerships, and subsidiaries, including Live Nation TV, Festival Republic, and Bonnaroo Music and Arts Festival.
Live Nation is committed to sustainability and has set ambitious goals to reduce the environmental impact of its operations. It has pledged to power all of its venues with 100% renewable energy by 2025 and has implemented various initiatives to reduce waste, lower greenhouse gas emissions, and support local communities.
In summary, Live Nation Entertainment Inc. is a leading global entertainment and sports company that operates across several segments, produces thousands of events annually, represents a diverse roster of artists, and is committed to sustainability.
Company Address: 9348 Civic Center Drive Beverly Hills 90210 CA
Company Phone Number: 867-7000 Stock Exchange / Ticker: NYSE LYV
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