La vendita allo scoperto per Live Nation Entertainment dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Live Nation Entertainment. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Live Nation Entertainment (NYSE:LYV) Azioni, Report sulle vendite allo scoperto

Live Nation Entertainment

Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to 373 venues worldwide at the end of 2023, which the firm says makes it the second-largest operator of music venues globally. In 2023, Live Nation promoted more than 50,000 events, drawing more than 145 million fans. Ticketmaster is a dominant global ticketing service, selling more than 620 million tickets in 2023.

Live Nation Entertainment, Inc. Common Stock

Live Nation Entertainment Inc

Roth MKM analyst Eric Handler maintains Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) with a Buy and raises the price target from $120 to $132.

News

Price Target

Analyst Ratings

Roth MKM Maintains Buy on Live Nation Entertainment, Raises Price Target to $132

Live Nation Entertainment's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) short percent of float has risen 8.45% since its last report. The company recently reported that it has 14.01 million shares sold short, which is 8.86% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.51 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Live Nation Entertainment Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729083627_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Live Nation Entertainment has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Live Nation Entertainment's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Live Nation Entertainment's peer group average for short interest as a percentage of float is 8.03%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

How Is The Market Feeling About Live Nation Entertainment?

Seaport Global analyst David Joyce maintains Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) with a Buy and raises the price target from $115 to $133.

Seaport Global Maintains Buy on Live Nation Entertainment, Raises Price Target to $133

Benzinga's options scanner has just identified more than 8 option transactions on Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>), with a cumulative value of $607,260. Concurrently, our algorithms picked up 2 puts, worth a total of 616,000.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $80.0 to $120.0 for Live Nation Entertainment during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Live Nation Entertainment's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Live Nation Entertainment's significant trades, within a strike price range of $80.0 to $120.0, over the past month.
<h3>Live Nation Entertainment Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728659082_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LYV</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$2.85</td>
<td>$2.3</td>
<td>$2.85</td>
<td>$80.00</td>
<td>$570.0K</td>
<td style="text-align: right;">151</td>
<td>2.0K</td>
</tr>
<tr>
<td>LYV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.8</td>
<td>$6.7</td>
<td>$6.8</td>
<td>$115.00</td>
<td>$224.4K</td>
<td style="text-align: right;">422</td>
<td>204</td>
</tr>
<tr>
<td>LYV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.8</td>
<td>$6.7</td>
<td>$6.8</td>
<td>$115.00</td>
<td>$131.2K</td>
<td style="text-align: right;">422</td>
<td>193</td>
</tr>
<tr>
<td>LYV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.0</td>
<td>$6.7</td>
<td>$6.8</td>
<td>$115.00</td>
<td>$65.9K</td>
<td style="text-align: right;">422</td>
<td>783</td>
</tr>
<tr>
<td>LYV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.8</td>
<td>$6.7</td>
<td>$6.8</td>
<td>$115.00</td>
<td>$51.6K</td>
<td style="text-align: right;">422</td>
<td>625</td>
</tr>
</tbody>
</table>

<h3>About Live Nation Entertainment</h3>
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to 373 venues worldwide at the end of 2023, which the firm says makes it the second-largest operator of music venues globally. In 2023, Live Nation promoted more than 50,000 events, drawing more than 145 million fans. Ticketmaster is a dominant global ticketing service, selling more than 620 million tickets in 2023.
In light of the recent options history for Live Nation Entertainment, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Live Nation Entertainment Standing Right Now?</h3>
<ul>
<li>With a trading volume of 325,033, the price of LYV is down by -0.55%, reaching $112.07.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 20 days from now.</li>
</ul>
<h3>What The Experts Say On Live Nation Entertainment</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $130.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Macquarie keeps a Outperform rating on Live Nation Entertainment with a target price of $130. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Live Nation Entertainment options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

Live Nation Entertainment's Options Frenzy: What You Need to Know

Live Nation Entertainment&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) Ticketmaster has announced its support for the richer event tickets feature in Apple Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) Wallet, which was introduced with iOS 18.
What Happened: In a blog post on Thursday, Ticketmaster revealed that it is set to roll out support for the richer tickets in Apple Wallet. &#8220;Ticketmaster&nbsp;is the first ticketing company&nbsp;to enable the new, enhanced&nbsp;ticket experience in Apple Wallet.&#8221;
The updated feature will offer users crucial&nbsp;information on their tickets, such&nbsp;as a venue map,&nbsp;parking details, recommended Apple Music&nbsp;playlists, weather forecasts for the&nbsp;event day, and a real-time location-sharing option.
See Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Robotaxi Ambitions Come As Most Americans Grow Wary Of Autonomous Tech</a>
Mark Yovich, president of Ticketmaster, expressed his pride in collaborating with Apple to deliver this enhanced ticketing experience to fans.
&#8220;With the new, enhanced ticket in Apple Wallet experience, fans are closer to the action from the moment they add their pass to their iPhone,&#8221; he stated.
The new feature will make its debut later this month at the&nbsp;Los Angeles Football Club or LAFC&nbsp;home game at BMO Stadium.&nbsp;
iPhone users running iOS 18.0&nbsp;or later will be able to access the detailed tickets&nbsp;via the Ticketmaster or LAFCapps.
The company also plans to extend this feature to Miami HEAT tickets and more events in 2025.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: This development comes in the wake of recent controversies surrounding Ticketmaster.
Earlier this year, the <a href="https://www.benzinga.com/general/entertainment/24/09/40697540/oasis-fans-furious-as-dynamic-pricing-pushes-ticket-prices-sky-high-its-just-not-fair-says-">company faced backlash</a> over its dynamic pricing strategy, which led to a significant increase in ticket prices for the Oasis reunion tour.
Previously, the Department of Justice also <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/39011644/doj-case-against-live-nation-is-weak-analysts-say-separating-ticketmaster-is-unlike">filed an antitrust lawsuit</a> against Live Nation Entertainment, Ticketmaster&#8217;s parent company.
The lawsuit challenges <a href="https://www.benzinga.com/general/entertainment/24/05/38680805/live-nation-fights-back-against-monopoly-claims-will-the-bad-blood-continue">Live Nation&#8217;s market dominance</a> through its subsidiary, Ticketmaster, and is part of the Joe Biden administration&#8217;s broader efforts to combat monopolistic practices across various industries.
The Justice Department has already taken steps against major tech companies like Alphabet Inc. and Apple, while the Federal Trade Commission is pressing Meta Platforms Inc.
Amazon.com Inc. is also facing a lawsuit for alleged monopolistic practices in the online marketplace.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Image Credits &#8211; Apple
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41200026/chinese-hackers-breach-at-t-verizon-networks-in-major-wiretap-data-theft-putting-us-national-securit?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Chinese Hackers Breach AT&amp;T, Verizon Networks In Major Wiretap Data Theft Putting US National Security At Risk: Report</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Tech

Media

AAPL

iOS 18 Users To Benefit From Richer Event Tickets In Apple Wallet After Ticketmaster Announces Support

Macquarie analyst Paul Golding maintains Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) with a Outperform and raises the price target from $125 to $130.

Macquarie Maintains Outperform on Live Nation Entertainment, Raises Price Target to $130

Benchmark analyst Matthew Harrigan reiterates Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) with a Buy and maintains $132 price target.

Reiteration

Benchmark Reiterates Buy on Live Nation Entertainment, Maintains $132 Price Target

Oppenheimer analyst Jed Kelly maintains Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) with a Outperform and raises the price target from $110 to $120.

Oppenheimer Maintains Outperform on Live Nation Entertainment, Raises Price Target to $120

Legal

UK CMA Opens Investigation Into Ticketmaster; Investigating Concerns Regarding Sale Of Oasis Concert Tickets By Ticketmaster; Scrutinizing Whether Sale Of Oasis Tickets By Ticketmaster May Have Breached Consumer Protection Law

BofA Securities analyst Peter Henderson initiated coverage on Live Nation Entertainment, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) with a <a target="_blank" href="https://www.benzinga.com/quote/LYV/analyst-ratings" rel="noreferrer noopener">Buy rating with a price forecast of $125.</a>
The analyst views Live Nation as a compelling growth investment in the live entertainment sector, driven by positive industry trends.
According to Henderson, the stock is valued using a 14x multiple on CY25E AOI, which aligns with peer Madison Square Garden Entertainment and reflects favorable structural trends in live entertainment.
According to the analyst, several key factors will drive long-term growth. Firstly, there is a shift in consumer spending towards experiences bolstered by favorable demographic trends.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/09/40697540/oasis-fans-furious-as-dynamic-pricing-pushes-ticket-prices-sky-high-its-just-not-fair-says-" rel="noreferrer noopener">Oasis Fans Furious As Dynamic Pricing Pushes Ticket Prices Sky High — &#8216;It&#8217;s Just Not Fair,&#8217; Says UK Prime Minister</a>
Secondly, positive supply and demand dynamics are emerging as social media platforms help discover more artists and events.
Thirdly, the intrinsic value of live events, which virtual experiences cannot replicate, prevents any risk of disintermediation.
Additionally, rising sponsorship opportunities and the growth of experiential marketing are contributing to this expansion. Finally, increased demand and enhanced dynamic pricing are strengthening pricing power.
The analyst projects a 4-year revenue CAGR (2023-2027) of 8% and AOI CAGR of 12% for Live Nation.
Live Nation&#8217;s extensive scale and vertical integration allow it to effectively compete on pricing, Henderson adds.
By owning multiple segments of the live entertainment chain, the company reduces risk and manages numerous events for various artists across different regions.
Provided there is no significant slowdown in consumer spending on live events, the analyst anticipates multiple revenue and earnings drivers for the live concert sector in the coming years.
Price Action: LYV shares are trading lower by 0.36% to $95.00 at last check Wednesday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/08/40601826/as-oasis-announces-reunion-tour-cannabis-views-resurface-legalize-it-to-fund-the-nhs" target="_blank" rel="noreferrer noopener">As Oasis Announces Reunion Tour, Cannabis Views Resurface: ‘Legalize It To Fund The NHS'</a></li>
</ul>

Analyst Color

Equities

Initiation

General

Live Nation Benefits From Consumer Shift To Experiences, Social Media Trends, And Rising Sponsorships: Analyst

B of A Securities analyst Peter Henderson initiates coverage on Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) with a Buy rating and announces Price Target of $125.

B of A Securities Initiates Coverage On Live Nation Entertainment with Buy Rating, Announces Price Target of $125

The British government is scrutinizing the use of dynamic pricing by ticketing websites following an outcry from Oasis fans who were left unable to afford tickets to the band&#8217;s highly <a href="https://www.benzinga.com/topic/business-of-music">anticipated reunion tour. </a>
What Happened: the UK's advertising regulator has received 450 complaints about misleading ticket prices and availability, with many tickets more than doubling in price shortly after sales began, <a href="https://www.bbc.co.uk/news/articles/c20r26p7d0ro">according</a> to the BBC.
Fans hoping to see Oasis' return were met with soaring prices on Live Nation Entertainment Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>)-owned Ticketmaster. Tickets that initially cost 135 pounds (around $177) quickly shot up to over 350 pounds. Despite hours spent in online queues, thousands were unable to secure tickets as the event sold out almost immediately.
See Also: <a href="https://www.benzinga.com/general/entertainment/24/08/40582093/oasis-fans-rejoice-today-is-gonna-be-the-day-rockers-reunite-after-15-year-family-feud">Oasis Fans Rejoice, &#8216;Today Is Gonna Be The Day&#8217;: Rockers Reunite After 15-Year Family Feud</a>
<h3 class="wp-block-heading">Prime Minister And Culture Secretary Address Ticketing Concerns</h3>
Prime Minister Sir Keir Starmer addressed the issue on BBC Radio 5 Live.
&#8220;There are a number of things that we can and should do&#8221; to prevent families from being priced out, he said.
Starmer stressed that families &#8220;simply can&#8217;t go or are absolutely spending a fortune on tickets.&#8221; The government would be consulting on future laws, which &#8220;may well mean adjustments,&#8221; he added.
&#8220;There are a number of techniques going on here where people are buying a lot of tickets, reselling them at a huge price,&#8221; he added. &#8220;And that&#8217;s just not fair — it&#8217;s just pricing people out of the market.&#8221;
Furthermore, UK Culture Secretary Lisa Nandy addressed the topic <a href="https://www.itv.com/news/2024-08-31/oasis-concert-tickets-2025-general-sale">to</a> ITV News: &#8220;We will include issues around the transparency and use of dynamic pricing, including the technology around queuing systems which incentivize it.&#8221; Nandy added that the government's upcoming consultation on consumer protections for ticket sales will tackle these concerns.
Dynamic pricing, often referred to as "surge pricing," is a strategy where prices increase in response to high demand. While not illegal, the practice has faced significant criticism for making live events inaccessible to many fans. 
&#8220;After the incredible news of Oasis' return, it's depressing to see vastly inflated prices excluding ordinary fans from having a chance of enjoying their favorite band live,&#8221; Nandy continued. &#8220;Working with artists, industry, and fans, we can create a fairer system that ends the scourge of touts, rip-off resales and ensures tickets at fair prices."
<h3 class="wp-block-heading">Ticketmaster Under Scrutiny Again</h3>
Why It Matters: This is not the first time Ticketmaster has found itself at the center of a pricing controversy. The company also faced severe criticism in 2022 over the chaotic sales for Taylor Swift's Eras Tour.
Moreover, Ticketmaster has been recently investigated by the US Department of Justice because of the company's pricing practices.
Ticketmaster remains the primary platform for Oasis' ticket sales. The company blamed the prices on the &#8220;event organizer&#8221; who &#8220;has priced these tickets according to their market value&#8221;.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/08/40601826/as-oasis-announces-reunion-tour-cannabis-views-resurface-legalize-it-to-fund-the-nhs">As Oasis Announces Reunion Tour, Cannabis Views Resurface: &#8216;Legalize It To Fund The NHS&#8217;</a></li>
</ul>
Image credits: Shutterstock.

Entertainment

Oasis Fans Furious As Dynamic Pricing Pushes Ticket Prices Sky High — 'It's Just Not Fair,' Says UK Prime Minister

<a href="https://www.theguardian.com/money/article/2024/sep/03/european-commission-to-investigate-ticketmasters-dynamic-pricing#:~:text=European%20Commission%20to%20investigate%20Ticketmaster's%20'dynamic%20pricing',-Review%20follows%20UK&amp;text=Ticketmaster's%20ability%20to%20raise%20the,into%20the%20Oasis%20concerts%20fiasco.">https://www.theguardian.com/money/article/2024/sep/03/european-commission-to-investigate-ticketmasters-dynamic-pricing#:~:text=European%20Commission%20to%20investigate%20Ticketmaster's%20'dynamic%20pricing',-Review%20follows%20UK&amp;text=Ticketmaster's%20ability%20to%20raise%20the,into%20the%20Oasis%20concerts%20fiasco.</a>
<h2> European Commission to investigate Ticketmaster's ‘dynamic pricing'</h2>
Review follows UK competition watchdog's announcement of ‘urgent review' into Oasis concert tickets fiasco
&nbsp;
Ticketmaster's ability to raise the price of concert tickets based on demand is being investigated by the <a href="https://www.theguardian.com/world/european-commission">European Commission</a>, the Guardian has learned, as the UK's competition watchdog launches an "urgent review" into the Oasis concerts fiasco.
The US-owned ticketing giant has been told it <a href="https://www.theguardian.com/music/article/2024/sep/02/failure-to-warn-oasis-fans-of-dynamic-pricing-may-be-consumer-law-breach-say-experts">may have breached laws</a> in the UK and Europe for inflating the price of some Oasis tickets from £135 to £350, leaving many fans devastated.
&nbsp;
Ticketmaster has compared its use of "dynamic pricing" to airlines and hotels, which increase costs based on demand, and has said the prices are set by artists and their management.
The UK's Competition and Markets Authority (CMA) said on Tuesday it was "urgently reviewing" the use of dynamic pricing after Oasis fans criticised the "scandalous" <a href="https://www.theguardian.com/music/article/2024/sep/01/oasis-ticketmaster-in-demand-standing-tickets">inflation of ticket costs</a>.
A spokesperson for the regulator said: "Consumer protection law requires businesses to be fair and transparent in their dealings with consumers, and businesses must give clear and accurate information about the price people have to pay. Failure to do so may breach the law."
A spokesperson for the European Commission confirmed it was looking into the use of dynamic pricing for concert tickets amid growing concerns among parliamentarians in Brussels.
Lara Wolters, a Dutch MEP, told the Guardian she wanted new laws to protect European consumers against this type of price inflation.
She said: "The only winners in this situation are big ticketing platforms, at the expense of fans who find themselves priced out of gigs. Companies know far more about their customers than vice versa.
"This is not a system that seeks to maximise joy by filling the stadium with an artist's biggest fans, but to maximise profit from music like any other product.
"As a music fan, I find this soulless and I want to put a stop to it, so I'm pleased to see the UK government is looking into this, and I expect the new European Commission to follow suit so we can finally bring in new rules against unfair ticketing."
Dynamic pricing for concerts is common in the US but relatively new in the UK and Europe.
A spokesperson for the European Commission confirmed it was examining the practice as part of its "fitness check" of EU consumer laws, due to be published in the coming months.
The review is expected to highlight the problems of dynamic pricing before MEPs consider solutions, including a potential ban and other less extreme options.
The spokesperson said that while the practice itself was not unlawful, the way it was used could breach EU directives – such as if the price of a product was increased after a consumer had placed the ticket in their online basket.
It could also breach EU laws if ticketing websites failed to give fans "necessary material information" about the tickets they offered before they were purchased.
Hundreds of fans have lodged official complaints with the UK's Advertising Standards Authority (ASA) on the basis that Ticketmaster had not told people in advance that £350 tickets would be on sale.
These tickets provide no additional value than the original £135 standing tickets. Four of the "in-demand" standing tickets cost fans £1,423.55 in total – of which £73.55 was service charges and processing fees.
Fans only discovered that the cost of a standard <a href="https://www.theguardian.com/music/oasis">Oasis</a> ticket had been increased when they reached the checkout after spending several hours in online queues.
The CMA has said <a href="https://www.gov.uk/government/news/cma-calls-for-stronger-laws-to-tackle-illegal-ticket-resale">greater protections are needed</a> for concertgoers and has previously taken action against major resale websites.
Lisa Nandy, the culture secretary, has said she wants to end "rip-off resales" and the government has launched a review of the practice.
The Guardian has approached Ticketmaster for comment. Neither Oasis's management or the Gallagher brothers have commented on the criticism.

'European Commission To Investigate Ticketmaster's 'Dynamic Pricing'; Review Follows UK Competition Watchdog's Announcement Of 'Urgent Review' Into Oasis Concert Tickets Fiasco' - The Guardian

One of the most famous rock bands from the 1990s is reuniting and ending a sibling feud with Oasis announcing a 14-date 2025 tour for the U.K. and Ireland. The tour could be one of the most anticipated and help several <a href="https://www.benzinga.com/general/entertainment">entertainment-related companies.</a>
What Happened: While the new Oasis tour may not eclipse the <a href="https://www.benzinga.com/general/entertainment/23/12/36221025/taylor-swifts-eras-tour-shatters-guinness-record-for-highest-grossing-music-tour-how-much-d">record-breaking tour success</a> of Taylor Swift, for fans of a different genre it could be one of the most highly anticipated reunions of the last 20 years.
"There has been no great revelatory moment that has ignited the reunion — just the gradual realization that the time is right," a press release from the band read, as reported by Variety.
The brothers (Liam Gallagher, Noel Gallagher) said the timing of the announcement coincides with the 30th anniversary of their debut album "Definitely Maybe," which celebrates the milestone on Thursday. The tour taking place in 2025 will coincide with the band's second album "(What's the Story) Morning Glory?" hitting the 30th anniversary milestone.
Both those records and the band's third album were released on Creation Records, now a unit of Sony Group Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>). The albums and songs on the records could see a sharp uplift in sales and listens with the news of the reunion announcement.
"The guns have fallen silent. The stars have aligned. The great wait is over. Come see. It will not be televised," the band said of the tour.
Tickets go on sale Aug. 31 at 9 a.m. local time (BST). Tickets will be sold through Ticketmaster for U.K. and Ireland shows and through Gigsandtours.com and seetickets.com. Ticketmaster, a unit of Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>), could get a boost from being one of the prominent ticket sellers.
Here are the 14 tour <a href="https://x.com/oasis/status/1828326826655068657">dates </a>for Oasis in 2025:
<ul>
<li>July 4: Cardiff, Principality Stadium</li>
<li>July 5: Cardiff, Principality Stadium</li>
<li>July 11: Manchester, Heaton Park</li>
<li>July 12: Manchester, Heaton Park</li>
<li>July 19: Manchester, Heaton Park</li>
<li>July 20: Manchester, Heaton Park</li>
<li>July 25: London, Wembley Stadium</li>
<li>July 26: London, Wembley Stadium</li>
<li>Aug. 2: London, Wembley Stadium</li>
<li>Aug. 3: London, Wembley Stadium</li>
<li>Aug. 8: Edinburgh, Murrayfield Stadium</li>
<li>Aug. 9: Edinburgh, Murrayfield Stadium</li>
<li>Aug. 16: Dublin, Croke Park</li>
<li>Aug. 17: Dublin, Croke Park</li>
</ul>
Read Also: <a href="https://www.benzinga.com/news/earnings/24/02/37273654/live-nation-entertainment-q4-earnings-highlights-taylor-swift-effect-continues-with-record-attendan">Live Nation Entertainment Q4 Earnings Highlights: Taylor Swift Effect Continues With Record Attendance, Ticket Sales For Full Year</a>
Why It's Important: While the 14 dates are in the U.K. and Ireland, the band said plans are underway for a tour outside of Europe next year, according to the press release.
The band broke up in 2009 after Noel Gallagher left the band ahead of a festival appearance. The brothers had a tense relationship since that time with many comments pointing to no chance of ever reconciling or touring again.
Oasis said they do not plan to go into the studio to make new music, but the tour of old songs should be more than enough for fans who have waited 15 years to see them.
Both brothers have toured outside the band and often play Oasis hits. Liam Gallagher recently kicked off a 30th anniversary tour for "Definitely Maybe" in June.
The band remains popular today with an average of 21.6 million monthly listeners on Spotify. While the band says the tour will not be televised, a live performance or docuseries on the tour could attract strong interest from media companies. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/07/40080474/after-taylor-swift-and-beyonc-now-usher-goes-to-amc-will-shareholders-say-yeah-or-be-caught">After Taylor Swift And Beyoncé, Now Usher Goes To AMC: Will Shareholders Say &#8216;Yeah&#8217; Or Be &#8216;Caught Up&#8217; In Stock Drop?</a></li>
</ul>
Photo: Liam Gallagher, A.PAES via Shutterstock

Global

Sony Group Corporation American Depositary Shares

SONY

Oasis Fans Rejoice, 'Today Is Gonna Be The Day': Rockers Reunite After 15-Year Family Feud

U.S. DOJ Announces Ten Additional States Join Lawsuit Against Live Nation-Ticketmaster For Monopolizing Live Concert Industry Markets

Rosenblatt analyst Barton Crockett maintains Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) with a Buy and maintains $123 price target.

Rosenblatt Maintains Buy on Live Nation Entertainment, Maintains $123 Price Target

Live Nation Entertainment Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) has been in the news recently thanks to the disclosure of its<a href="https://www.benzinga.com/general/entertainment/24/07/40053226/live-nation-q2-earnings-revenue-beat-eps-miss-fans-buying-tickets-at-all-price-points"> second-quarter earnings report</a>. On paper, the results were mixed, with earnings per share of $1.03 missing the consensus view of $1.06. However, the top line offered a more encouraging framework, which saw Live Nation generating $6.023 billion versus the estimate of $6.018 billion.
While slipping against bottom-line targets is never ideal, context is everything. In particular, despite a<a href="https://www.benzinga.com/economics/macro-economic-events/24/07/40044042/job-openings-hold-steady-in-june-ahead-of-crucial-july-labor-market-data-why-this"> relatively stable labor market</a>, U.S. households are still struggling with the lingering challenges of the COVID-19 crisis. One year ago, a research paper cited by Bloomberg noted that most Americans had<a href="https://www.benzinga.com/economics/macro-economic-events/23/09/34882494/us-households-have-depleted-their-pandemic-savings-study-highlights-risk-of-econo"> depleted their pandemic savings</a>, thus raising the specter of an economic downturn.
However, Live Nation stated that total revenues gained 7% year over year. In addition, operating income swung up 21% to $466 million. Most notably, company president and CEO Michael Rapino stated that a wealth of entertainment events have attracted "both casual and diehard fans who are buying tickets at all price points."
Moreover, Rapino pointed out that Live Nation's "strategic investments in hospitality and infrastructure are driving strong returns as more attendees maximize their onsite experiences." Such observations reinforce the optimism toward the global live events sector. According to Research and Markets, this ecosystem could soar from last year's valuation of $58.91 billion last year to<a href="https://finance.yahoo.com/news/global-live-events-analysis-report-100900321.html"> just over $754 billion in 2030</a>, implying a compound annual growth rate of 53.78%.
The ETF: While Live Nation represents a key player in the in-person entertainment industry, it's not the only name in town. To enjoy the convenience and profitability potential of the top leaders in music, investors may consider the pure-play thematic exchange-traded fund MUSQ Global Music Industry ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUSQ#NYSE">MUSQ</a>).
With MUSQ, investors enjoy a basket of securities rather than exposure to a single opportunity. For instance, while LYV stock represents one of the<a href="https://www.musqetf.com/musq#holdings"> mainline holdings of the MUSQ fund</a>, the ETF also carries LiveOne Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVO#NASDAQ">LVO</a>), a digital media company which focuses on the monetization of live music, among other audio-entertainment specialties.
What's more, MUSQ offers exposure to foreign enterprises, such as South Korea's YG Entertainment. This company operates as a record label, talent agency and event management firm, offering U.S. investors unprecedented breadth in the wider music and audio entertainment ecosystem.
The MUSQ Chart: After some turbulent weather passed in late 2023, the MUSQ fund has been attempting to find a baseline of support. The average historical closing price of the ETF currently stands at $24.42, with the present price representing a 1.8% discount.
<ul>
<li>At $23.98 following the closing bell on Tuesday, MUSQ is within 1.5% of its 200-day moving average (at $24.32). Bulls may consider this level their immediate upside target.</li>
<li>The fund's 50 DMA stands at $24.50, about 2.2% away from Tuesday's closing price. This is another target that optimistic investors will be aiming for.</li>
<li>An upside resistance line exists at the psychologically important $25 level. If the bulls manage to lift MUSQ's price above its 50 DMA, this resistance line will likely be in the crosshairs next.</li>
</ul>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfoxX-qm6uPtfFQysaviavagETeN_0OVzgBa2cCTFlkRS6GlqrJO_jExSPlk-O4qrRQpUunRfe10yp1geD8tvlop5HNcjLVyYN6ZZO1SMMvR0mUn8PHVMml8cOoP_AR-rkWdwwVPmfLRx6R8yq7ZpH35L0v?key=jzP4EEUeouej6rna-OxqdA" alt="" /></figure>
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MUSQ

Strong Consumer Demand For Live Concerts Undergirds Pure-Play Music ETF (MUSQ)

Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) generated headlines in the pre-market hours as the company revealed its much-awaited second-quarter earnings report. Ahead of the disclosure, SPOT stock suffered from a<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39892706/can-spotify-q2-earnings-tune-out-bearish-signals-for-a-bullish-upside"> strongly bearish trend</a> despite an implied robust upside based on analysts' price targets. Therefore, the Q2 print represented an opportunity for the audio streaming service to respond.
The results were exactly what the company needed. Spotify generated earnings of 274 million euros or about $298 million. The bottom-line print was equivalent to 1.33 euros per share, beating the analysts' consensus view of 1.05 euros per share. On the top line, sales hit 3.8 billion euros, which was in line with expectations.
Among the key highlights was growth in monthly active users (MAUs) reaching 14% to 626 million users. While this rally slightly missed the guidance of 631 million, it should be noted that premium subscribers saw a year-over-year increase of 12% to 246 million. This performance beat the consensus estimate by 1 million. Also, advertisement-supported revenue saw a lift of 13% to 456 million euros. The business expansion stemmed from music streaming and podcasts.
On Monday, SPOT stock finished the session at $295.45, up slightly from Friday's close. However, during Tuesday's pre-market session, Spotify shares reached $336, representing growth of nearly 14%.
The MUSQ ETF: While Spotify constitutes a major component of the wider audio-content industry, it's not the only player in town. Several other entities – including YouTube Music under Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), which will<a href="https://www.benzinga.com/news/earnings/24/07/39898676/tesla-alphabet-and-3-stocks-to-watch-heading-into-tuesday"> soon release its quarterly report</a> – offer viable exposure. However, it's difficult for retail investors to acquire multiple securities in the ecosystem, which is where the MUSQ Global Music Industry ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUSQ#NYSE">MUSQ</a>) comes into play.
As Benzinga noted earlier this year, the<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37878863/thematic-music-etf-musq-prepares-to-strike-a-chord-as-indicators-point-to-upbeat-momentu"> thematic exchange-traded fund</a> "provides <a href="https://musqetf.com/about">concentrated exposure to the complete music ecosystem</a>, covering streaming, content and distribution, live music events and ticketing, satellite and broadcast radio, equipment and technology, and artificial intelligence. The fund holds multiple stocks that encompass the variety of companies and technologies the music industry is dependent upon."
Currently, the only broad-based pure-play ETF covering the global music industry, the key advantage of the <a href="https://www.musqetf.com/">MUSQ fund</a> is diversification. While Spotify is one of the top holdings of the ETF, it's not the only position. Indeed, SPOT stock represents 3.88% of MUSQ's net assets. Alphabet stock comprises a higher portion of the holdings at 5.8%.
Additionally, MUSQ brings other core components of the music industry to investors in a convenient package, including the content realm – via names like Tencent Music Entertainment Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TME#NYSE">TME</a>) – and in-person performance, particularly through Live Nation Entertainment Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>).
Therefore, no one entity can determine the entire trajectory of MUSQ, affording investors the benefit of market risk distribution.
The MUSQ Chart: On Monday, the MUSQ ETF finished the session at $24.52, gaining nearly 1% against Friday's close. The fund appears to have hit a near-term bottom on June 24, steadily gaining sentiment since that session.
<ul>
<li>Given Tuesday's blistering pre-market performance of SPOT stock, it's possible that MUSQ may see a noticeable bump higher.</li>
<li>While the ETF has been trading lower between the end of December to the June 24 trough, the fund's trajectory appears to be rounding out.</li>
<li>A U-shaped recovery could be in play, especially given Spotify's strong quarterly results.</li>
<li>Encouragingly, MUSQ trades above both its 50-day and 200-day moving averages, which serve as common barometers of market health.</li>
</ul>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfsuhvqqjinm4DWGHrzrk-06r6-r6qYWFhDp-C8C8L1aavF7A2OLJfr33vsVBvxu8UhYlWnsKuWXC6E6SvH-KaqjkPY24kWkZ6V-AJO9tnR2bfW7RkVgR6fEn6TzZ7XiNcfE7ECzLg-zrQja7Ko0YKyXxw?key=aGmwvuj7X1vmuZQYKwcscg" alt="" /></figure>
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Tune Into Potential Profits With The Sector Pure-Play MUSQ Global Music Industry ETF (MUSQ)

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Shares of stocks in the broader communication services sector are trading lower as stocks sell off amid concerns over the US economy.

Deutsche Bank analyst Benjamin Soff maintains Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) with a Buy and raises the price target from $121 to $122.

Deutsche Bank Maintains Buy on Live Nation Entertainment, Raises Price Target to $122

MTCH, FOXA and WBD among top S&P500 communication movers in Q3

Top buy-rated stocks in Communication Services - Citi

Live Nation falls as judge denies request to move antitrust suit to Washington DC

Live Nation falls as judge denies request to move antitrust suit to Washington, D.C.

Macquarie analyst Paul Golding has maintained their bullish stance on LYV stock, giving a Buy rating on September 27. Paul Golding's rating is base...

Buy Rating Affirmed for Live Nation with Strong Growth Prospects Despite Weather Volatility

Tesla tops list of most heavily shorted securities in September, Hazeltree says

Vulcan Value Partners Q3 2024 Letter

Seaport Global analyst David Joyce maintained a Buy rating on Live Nation Entertainment (LYV – Research Report) today and set a price target of $13...

Live Nation Entertainment (LYV) Gets a Buy from Seaport Global

Charter Communications most shorted S&P 500 communications stock in September; Alphabet least shorted

Most shorted S&P 500 stocks in September

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Press Releases

Live Nation Entertainment Schedules Second Quarter 2024 Earnings Release And Teleconference

Earnings

Live Nation Entertainment Reports Second Quarter 2024 Results

He's Back by Popular Demand! Sir Rod Stewart Returning to The Colosseum at Caesars Palace in 2025

ONE Musicfest, presented by Procter and Gamble, Celebrates its 15th Anniversary With A Star-Studded Lineup

Live Nation Entertainment To Participate In Bank Of America Securities Media, Communications & Entertainment Conference And Goldman Sachs Communacopia & Technology Conference

By Popular Demand, Final Shows Added for Shania Twain: COME ON OVER – The Las Vegas Residency at PH Live at Planet Hollywood Resort & Casino

Jerry Seinfeld Returns to The Colosseum at Caesars Palace for Six Performances in 2025

Globally Acclaimed Music Group Black Eyed Peas Announce New Las Vegas Residency at PH Live at Planet Hollywood Resort & Casino

Garth Brooks Announces Final Three Weekends for Garth Brooks/Plus ONE at The Colosseum at Caesars Palace February 21 – March 9, 2025

LIVE NATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Live Nation Entertainment, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

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