Liberty Media Moves Live Nation to Different Asset Group
Liberty Media announced this week that it would re-attribute its 33 percent stake in Live Nation Entertainment, along with other assets, from Formula One Group to its SiriusXM tracking stock, according to The Hollywood Reporter. Over the years, analysts have wondered if Liberty could eventually acquire control of Live... Read more
Live Nation Stock Metrics Present Potential ROI
In recent weeks, Live Nation’s stock (LYV) has dropped dramatically due to the coronavirus (COVID-19) pandemic amid widespread cancellations, however, billionaires showed an interest in the company during this time. Ahead of the latest trading session closing, Live Nation Entertainment had 1.92 million shares being bought and sold, Dwinnex... Read more
Liberty Media Repays Live Nation Loan, Helping Stabilize Stock
While coronavirus (COVID-19) spreads across the globe, the live event industry has taken a big hit – cancelling major festivals and concerts. To help Live Nation, which has been strapped financially on top of millions in debt, Liberty Media fully repaid the promoter giant’s margin loan. According to a... Read more
eBay Stock Rises On Good Earnings, StubHub Sale News
It was reported earlier this week that the e-commerce platform eBay was one of the “many outlets” considering a potential acquisition of the secondary ticketing site StubHub. Since this news leaked, eBay’s stocks have risen. According to the Los Angeles Times, eBay’s (NASDAQ: EBAY) shares rose almost 6 percent... Read more