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Live Nation Update

Created this video as an update for the original initiation post which came out c.2 years ago. Stock is up c.90% but we see more upside for this FCF compounder as it continues to compound.

As with our other videos, we will provide the bullet points discussed in the video. Please also read the original post (which is one of our most popular post) below:

  • Live Nation ($LYV) is the world’s largest live entertainment company with business segments across Concerts, Ticketing, and Sponsorship & Advertising, serving c.800m global fans.

  • Owns Ticketmaster and controls c.400 live event venues (stadiums, halls) globally.

  • Operates phenomenally successful Flywheel starting with Fans → Tickets → Venue → Artists → Advertisers → Platform and dominating the live entertainment industry.

  • Strong free cashflow generator with no shareholder activist angle, share price has increased c.90% since 8% Value Activist first discussed the name.

  • Part of John Malone’s Liberty Media Empire. Liberty Media owns c.30%.

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