Analyst: Live Nation Stock Would Fall 50% if Company Split
An analyst from Citi upgraded Live Nation’s stock (NYSE: LYV) forecast to “buy” Monday, but with it came qualifications that the company would take a huge hit if it were forced to split with Ticketmaster, as some are hoping will be done. Jason Bazinet lowered his price target for... Read more
A Complete Guide to Bitcoin Trading Market
Before diving into the ocean of the crypto trading market, it’s significant to understand what it is. The trading market is filled with many new and expert crypto traders, strategies, tactics, tools, sites and platforms, etc. However, all these are connected by only a single motto, which is trading.... Read more
How Can Crypto Liberate from Fiat Currency?
Cryptocurrencies regularly apply pressure to become superior to the Fiat currency in the transformation purpose. Physical money is an additional satisfying value for the essential requirement and has a wide spread of accessibility and acceptability. It is challenging for any alternative currency to give us a statement of satisfaction... Read more
Blockchain and bitcoin adoption in different nations
The blockchain application is one with a vast opportunity for disruption, impacting the way that major industries such as finance and logistics work. For example, you can click here for a costless bitcoin trading venture; the platform charges zero commission on both profitable and non-profitable trades. Some countries have... Read more
Vivid Seats Raises Guidance After Reporting Record Q2 Numbers
Vivid Seats reported strong numbers for Q2 2022 in its earnings report this week, raising its full-year guidance for 2022 in marketplace GOV, revenues, and adjusted EBITDA. The company saw its stock price (NASDAQ: SEAT) rise on the news, above $9 for the first time since June, though still... Read more
Live Nation Touts More Record-Breaking Revenue in Q2 Earnings
Business is booming for Live Nation Entertainment, which reported another record quarter on Thursday with its Q2 2022 earnings report. The entertainment giant reported operating income to be up by 86 percent compared to the same quarter in 2019, reaching $319 million as live events continued to roll on... Read more
OVG Begins $200M Baltimore Arena Renovation Project
A major renovation project on the Baltimore Arena was launched by Oak View Group (OVG), which is upgrading the aging arena located in the city’s downtown. The project involves OVG working in partnership with the Baltimore Development Corporation (BDC), Fundamental Advisors, and Thirty Five Ventures (35V), co-founded by NBA star Kevin... Read more
SeatGeek, RedBall Terminate Merger Plans, Keep Ticket Company Private
SeatGeek and RedBall Acquisition Corp announced Wednesday that their plans to merge and bring the ticket company public have been terminated. The deal was scuttled “as a result of current unfavorable market conditions, particularly impacting growth technology companies,” according to the announcement. Plans for the companies to merge had... Read more
Vivid Seats Stock Rebounds After Buyback Plan Announced
Vivid Seats shares (NASDAQ: SEAT) have surged after a lengthy slide, rebounding briefly to above $9 per share Thursday after news its Board of Directors had authorized plans to buy back up to $40 million in outstanding stock. Prior to the announcement, share prices had been slumping, reaching as... Read more
Live Nation Venues Grabbed Millions in Independent Venue Pandemic Aid
A number of venues and affiliates received millions of dollars in pandemic relief intended to keep independent venues alive during the pandemic, according to reporting by the Washington Post analyzing Small Business Administration records. Nearly $19 million in aid was taken in by companies that are either direct subsidiaries... Read more