Who owns Live Nation?

Tuesday 01 October 2024

Live Nation has emerged as a strong player in the entertainment industry, proving to be a reliable investment option. Despite facing challenges during the pandemic, the company's stock has soared more than tenfold over the past 12 years, climbing from around $9 in 2012 to approximately $100 per share today.

Even an antitrust lawsuit from the U.S. Department of Justice couldn't significantly impact Live Nation's stock performance. While shares dipped in mid-April following news of the impending lawsuit, they quickly rebounded and are now trading at levels comparable to those before the announcement.

This resilience highlights Live Nation's robust business model, which integrates concert promotion, ticketing through Ticketmaster, and venue ownership. The company's dominant position in various markets, coupled with a booming live music scene, contributes to its ongoing success.

So, who benefits from Live Nation's achievements? Music Business Worldwide investigated the company’s SEC filings and recent annual proxy statements to identify its major shareholders.