All-New KIDZ BOP LIVE Show Hitting 60+ Cities in 2025 Setlist Includes Hits From KIDZ BOP's Latest Album, 'KIDZ BOP 50' Ticket Presales Begin February 11; General On-Sale Starts February 14 NEW YORK, Feb. 10, 2025 /PRNewswire/ -- KIDZ BOP, the #1 music brand for kids, and Live Nation announce brand-new KIDZ BOP LIVE Certified BOP Tour. The ultimate pop concert for kids is back for 2025, kicking off on June 14 in Stamford, CT before hitting 60+ more cities, including Atlanta, Boston, Houston and New York. Th ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Live Nation (LYV) , which belongs to the Zacks Film and Television Production and Distribution industry.This ticket seller and concert promoter has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 5.08%.For the last reported quarter, Li ...

LOS ANGELES, Feb. 6, 2025 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, will release its fourth quarter and full year 2024 financial results after market hours on Thursday, February 20, 2025. Michael Rapino, Live Nation Entertainment's President and Chief Executive Officer, will host a teleconference that day at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's financial performance, operational outlook, and other forward-looking matters.A li ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Live Nation (LYV) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Live Nation is a member of our Consumer Discretionary group, which includes 266 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank ...

PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The mixed martial arts (MMA) equipment market has been substantially growing over the past several years and is projected to continue in the coming years. The increasing public participation, easy availability of advanced training facilities, and the integration of advanced technologies represent some of the key factors driving the market. A report from IMARC Group projected that the global mixed martial arts equipment mark ...

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Core Argument - Live Nation's lawyers argue that 27 states cannot prove direct injury to their residents due to the company's actions, and therefore lack standing to seek damages [2] - The company claims that increased competition could lead to higher ticket prices for concertgoers, not lower [2] - Live Nation's attorney dismisses the idea that multiple ticketers would benefit consumers as "only a theory" [3] Lawsuit Details - The lawsuit, filed 8 months ago, seeks to break up Live Nation, which controls 60 of the top 100 event amphitheaters in the US [3] - The DOJ alleges that Live Nation forces artists to use its promoters and Ticketmaster, creating a monopolistic ecosystem that harms competitors and increases costs for artists and fans [4] - The 27 states are seeking triple monetary damages, arguing that their residents have been harmed by inflated ticket prices due to lack of competition [4] Legal Arguments - Live Nation argues that concertgoers are too far removed from the alleged monopolistic conduct for states to sue on their behalf [5] - The company claims it is inefficient for states to "piggyback" on the federal government's claims over the same conduct [5] - Live Nation's attorney suggests that allowing rival promoters to bid for access to its amphitheaters could actually increase event prices [6] Judicial Response - The judge expressed skepticism about Live Nation's argument that competition would not lower ticket prices, calling the idea of consumer savings "a very straightforward theory" [7] - The judge appeared to agree with Live Nation's argument that it cannot be forced to rent its amphitheaters to rival promoters [10] Next Steps - The judge has given both parties until Monday to file final arguments, limited to five pages, regarding Live Nation's dismissal motions [10]

Core Viewpoint - Live Nation Entertainment, Inc. (LYV) has shown significant stock performance, rallying 37.1% over the past six months, outperforming both the Zacks Film and Television Production and Distribution industry and the S&P 500 [1][2] Group 1: Performance and Growth Drivers - The company's growth is driven by robust sponsorship growth, strong Ticketmaster sales, and double-digit increases in on-site spending per fan at major festivals [2] - Live Nation's sponsorship segment is a major growth engine, with a 20% year-over-year increase in strategic partners generating over $1 million annually [8] - The company is expanding its premium offerings, aiming to increase premium seating from 6% to 20%, which enhances venue profitability and boosts per-fan spending [9] - More than 20 million tickets for 2025 concerts have already been sold, indicating strong demand and growth potential [10] - Ticketmaster's investments in technology are enhancing its competitive advantage in the ticketing industry, ensuring smooth ticket sales during peak demand [11] Group 2: Financial Metrics and Valuation - Live Nation is currently trading at a forward 12-month price-to-sales (P/S) multiple of 1.14X, significantly below the industry average of 2.31X, indicating an attractive investment opportunity [15] - The Zacks Consensus Estimate for Live Nation's 2025 earnings per share has increased from $2.12 to $2.43 in the past 60 days, reflecting optimism about the company's future [16] Group 3: Challenges and Risks - Live Nation faces challenges from foreign exchange volatility, particularly in its Latin American operations, which could impact short-term financial performance [12] - The company is experiencing rising operational expenses, with total direct operating expenses increasing to $12.8 billion in the first nine months of 2024, up from $12.6 billion in the same period the previous year [13] - Ongoing regulatory scrutiny over Ticketmaster's market practices may introduce operational changes that could affect profitability [14]

Core Insights - Hard Rock Hotel & Casino Sacramento has been recognized as the 1 casino for live entertainment in the U.S. by Newsweek, while Seminole Hard Rock Hotel & Casino in Hollywood, FL secured the 5 position [1] - The recognition highlights Hard Rock's commitment to providing diverse and high-quality entertainment experiences across its venues [1][2] Group 1: Awards and Recognition - Hard Rock Hotel & Casino Sacramento was voted 1 in Newsweek's Top 10 Readers' Choice Best Casinos with Live Entertainment [1] - Seminole Hard Rock Hotel & Casino in Hollywood, FL ranked 5 in the same category [1] - Hard Rock Live at Seminole Hard Rock Hotel & Casino won the Academy of Country Music Award for Casino of the Year in the Theater Category in 2023 [2] Group 2: Venue Details - Hard Rock Live Sacramento is a 2,500-seat venue that has hosted 184 shows since its opening in June 2022, selling 310,857 tickets and generating over $21 million in ticket revenue [3] - Hard Rock Live at Seminole Hard Rock Hotel & Casino has a capacity of 7,000 and features advanced sound and lighting technology, making it suitable for major performances and televised events [2] Group 3: Company Overview - Hard Rock International operates in over 74 countries with 313 locations, including hotels, casinos, and live performance venues [5] - The company has been recognized as a U.S. Best Managed Company and has received multiple awards for its workplace culture and diversity initiatives [5]

Core Viewpoint - Live Nation's Q3 2024 earnings surpassed estimates, but revenues fell short, indicating mixed performance amid a strong concert season and growth opportunities [2][4]. Financial Performance - Adjusted EPS for Q3 was $1.66, exceeding the Zacks Consensus Estimate of $1.58 by 5.1%, but down from $1.93 in the prior year [4]. - Revenues for the quarter were $7.7 billion, missing the consensus mark of $7.8 billion and representing a 6.2% decline year-over-year from $8.2 billion [4]. Segment Analysis - Concerts segment revenues were $6.6 billion, down 6% year-over-year, while AOI increased by 39% to $474.1 million [5]. - Ticketing revenues totaled $693.7 million, down 17% year-over-year, with AOI decreasing by 33% to $235.7 million [5]. - Sponsorship & Advertising revenues rose 6% to $390.3 million, with AOI up 10% to $275.3 million [5]. Financial Position - As of September 30, 2024, cash and cash equivalents were $5.5 billion, down from $6.23 billion at the end of 2023 [6]. - Net long-term debt increased to $5.67 billion from $5.46 billion at the end of 2023 [6]. - Net cash provided by operating activities for the first nine months of 2024 was $680.1 million, compared to $754.6 million in the same period last year [7]. Outlook and Estimates - Live Nation anticipates double-digit AOI growth in 2024, with optimism for continued momentum into 2025 due to a robust lineup of shows [3]. - However, there has been a downward trend in estimates, with a consensus estimate shift of -12.49% [8][9]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [11]. Industry Comparison - Live Nation operates within the Zacks Leisure and Recreation Services industry, where Airbnb reported a revenue increase of 9.9% year-over-year, highlighting competitive dynamics in the sector [12].