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Live Nation Entertainment(LYV-N)
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U.S. state attorneys-general seek triple damages against Live Nation for concertgoers

New York Attorney-General Letitia James said in a statement that her office is seeking damages for what state residents were overcharged by Live Nation and Ticketmaster
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Why Live Nation Rallied Today

Profile

Live Nation Entertainment, Inc. operates as a live entertainment company. The company owns, operates, and has exclusive booking rights for or has an equity interest in venues, which includes House of Blues music venues and prestigious locations such as The Fillmore in San Francisco, Brooklyn Bowl, the Hollywood Palladium, etc. The company operates via three segments: Concerts segment promotes live music events in its owned or operated venues and rented third-party venues; produces music festivals; makes related content; and provides management as well as other services to artists. Ticketing segment manages the ticketing operations. This segment sells tickets for its events, as well as for third-party clients in numerous live event categories. The segment's operating costs include all center costs and credit card fees, along with other costs. Sponsorship & Advertisingsegment sells international, national, and local sponsorships and placement of advertising.

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