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Last €22.56 EUR
Change Today +0.105 / 0.47%
Volume 100.0
As of 12:50 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

live nation entertainment in (3LN) Snapshot

Open
€22.83
Previous Close
€22.45
Day High
€22.84
Day Low
€22.56
52 Week High
03/17/15 - €23.96
52 Week Low
04/16/14 - €14.23
Market Cap
4.5B
Average Volume 10 Days
16.9
EPS TTM
--
Shares Outstanding
201.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LIVE NATION ENTERTAINMENT IN (3LN)

live nation entertainment in (3LN) Details

Live Nation Entertainment, Inc. operates as a live entertainment company. The company operates through Concerts, Ticketing, Artist Nation, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages music venues; and produces music festivals. The Ticketing segment operates an agency business that sells tickets for its events and third-party clients across various live event categories through its Websites, mobile apps, ticket outlets, and telephone call centers. This segment provides ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. The Artist Nation segment offers management services to music artists; and creates and sells merchandise associated with musical artists at live performances to retailers and directly to consumers through the Internet. The Sponsorship & Advertising segment provides signage, online advertising, and promotional programs for corporate clients. As of December 31, 2014, the company owned, operated, or leased 94 entertainment venues and 112 other facilities in North America; and 22 entertainment venues and 92 other facilities internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.

7,900 Employees
Last Reported Date: 02/26/15
Founded in 2005

live nation entertainment in (3LN) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $2.3M
Chief Financial Officer
Total Annual Compensation: $727.7K
Chief Operating Officer
Total Annual Compensation: $750.0K
Chief Accounting Officer
Total Annual Compensation: $280.0K
General Counsel and Secretary
Total Annual Compensation: $667.0K
Compensation as of Fiscal Year 2013.

live nation entertainment in (3LN) Key Developments

Live Nation Entertainment, Inc. Announces Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Reports Goodwill Impairment for the Fourth Quarter Ended December 31, 2014

Live Nation Entertainment, Inc. announced unaudited earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company’s total revenues were $1,571.9 million against $1,613.1 million a year ago. Adjusted operating income was $72.2 million against $71.3 million a year ago. Normalized operating loss was $41.4 million against $41.8 million a year ago. Reported operating loss was $186.9 million against $51.0 million a year ago. Maintenance capital expenditures were $13.8 million against $21.1 million a year ago. Revenue generating capital expenditures were $30.9 million against $15.1 million a year ago. Net loss attributable to common stockholders of the company was $186.5 million or $0.94 per basic and diluted share against $82.0 million or $0.42 per basic and diluted share a year ago. Normalized net loss was $80.5 million or $0.41 per share against $71.5 million or $0.36 per share a year ago. Free cash flow was $19.3 million against $17.1 million a year ago. For the year, the company’s total revenues were $6,867.0 million against $6,478.5 million a year ago. Adjusted operating income was $554.9 million against $505.2 million a year ago. Normalized operating income was $160.5 million against $150.3 million a year ago. Reported operating income was $7.2 million against $139.7 million a year ago. Net cash provided by operating activities was $269,409,000 against $417,472,000 a year ago. Maintenance capital expenditures were $60.3 million against $59.6 million a year ago. Revenue generating capital expenditures were $73.5 million against $56.7 million a year ago. Net loss attributable to common stockholders of the company was $90.8 million or $0.49 per basic and diluted share against $43.4 million or $0.23 per basic and diluted share a year ago. Normalized net income was $22.2 million or $0.09 per share against normalized net loss of $27.3 million or $0.14 per share a year ago. Free cash flow was $327.0 million against $300.2 million a year ago. For the fourth quarter of 2014, the company reported goodwill impairment of $135.0 million.

Court Grants Summary Judgment for Live Nation Entertainment in Antitrust Litigation

A federal court in Maryland ruled in favor of Live Nation Entertainment, Inc. and summarily dismissed all claims in a lawsuit filed in 2009 by It's My Party, Inc., and It's My Amphitheatre, Inc., whose principal is concert promoter Seth Hurwitz. The lawsuit alleged violations of federal and state antitrust laws. In issuing summary judgment, the court invalidated key elements of the plaintiffs' expert testimony, effectively rejecting allegations that Live Nation coerced any artists, violated any antitrust laws, or engaged in any anti-competitive conduct whatsoever.

Live Nation Entertainment, Inc. to Report Q4, 2014 Results on Feb 26, 2015

Live Nation Entertainment, Inc. announced that they will report Q4, 2014 results at 5:00 PM, US Eastern Standard Time on Feb 26, 2015

 

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3LN:GR €22.56 EUR +0.105

3LN Competitors

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Company Last Change
CTS Eventim AG & Co KGaA €29.84 EUR +0.74
NightCulture Inc $0.04 USD 0.00
SFX Entertainment Inc $4.19 USD -0.13
Styleclick Inc $0.0001 USD 0.00
Townsquare Media Inc $12.98 USD +0.02
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Industry Analysis

3LN

Industry Average

Valuation 3LN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 3.9x
Price/Cash Flow 19.4x
TEV/Sales 0.2x
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