Live Nation Entertainment Inc (NYSE:LYV)
$ 131.85 -1.5 (-1.12%) Market Cap: 30.40 Bil Enterprise Value: 34.77 Bil PE Ratio: 156.96 PB Ratio: 105.56 GF Score: 77/100
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Live Nation Entertainment Inc at Liberty Investor Meeting Transcript

Nov 09, 2023 / 03:50PM GMT
Release Date Price: $86.14 (-1.34%)
Michael Rapino
Live Nation Entertainment, Inc. - President, CEO & Director

Good morning. Thankfully, we have no on sales today, inside joke for those of you here last year, made sure we didn't have anything today. I put that campaign program up. We're really proud of that. We wanted to make sure that we connected with the developing artists in our business. We all talk about the Beyonces of the world, but we're going to do 27,000 club shows this year. It's a big part of our business. So we put this program together with Willie every night in one of our clubs, the opening act and the support act is gets $1,000 gas card and a $500 card to fill up their bus with groceries.

So it's been an incredible program to invest back in this community and been a big part of kind of the backbone of our business. We look at live in general. I've sat up here for a few years now talking about the robustness of this industry. This is a business that's had incredible growth for the last 20 years. A lot of talk through COVID is what's the future? Are we living in this pent-up demand moment? Or is there

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