Biden Administration Looks Into Fees Charged by Live Nation Entertainment

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LYV Intrinsic Value – Live Nation Entertainment ($NYSE:LYV) Inc. is a global entertainment company that owns, operates, and partners with venues, promoters, and artists. The company’s stock quickly fell 2.7% after some headlines about the Biden administration looking into fees charged by the company. The headlines from Reuters said that President Joe Biden is looking into the fees charged by Live Nation, which could mean more regulations for the concert and resort industries.

This is a developing story, and it’s unclear what the implications could be for Live Nation if the administration does decide to pursue new regulations. Investors will be closely watching to see how this story develops. If the administration does pursue new regulations, it could have a negative impact on Live Nation’s business.

Price History

On Wednesday, the company’s stock opened at $81.5 and closed at $78.5, down by 4.0% from its last closing price of 81.7. Live Nation has been criticized for the high fees it charges artists and venues, which many say are preventing live music from thriving. The company has defended its fees, saying they are necessary to cover the costs of running a large concert business. The administration’s inquiry into Live Nation’s fees comes as the live music industry is struggling to recover from the pandemic.

Many venues have been forced to close, and artists have been struggling to book shows. The hope is that by lowering Live Nation’s fees, more venues and artists will be able to survive.

VI Analysis – LYV Intrinsic Value Calculator

Company’s fundamentals reflect its long term potential. The intrinsic value of a share is the present value of all future cash flows that the company is expected to generate. The VI Line is a measure of a company’s intrinsic value, calculated by the Value Investing App. The current share price of LIVE NATION ENTERTAINMENT is $78.5, which is undervalued by 69%.

VI Peers

Its competitors include Warner Bros. Discovery Inc, SD Entertainment Inc, Imagination TV Inc.

– Warner Bros.Discovery Inc ($NASDAQ:WBD)

Discovery Inc. is an American global mass media and entertainment company. It produces and distributes content across multiple genres, including factual and reality programming, sports, and general entertainment. The company has a market cap of 32.75B and a ROE of -5.76%. Discovery Inc. was founded in 1985 and is headquartered in Silver Spring, Maryland.

– SD Entertainment Inc ($TSE:4650)

S2 Games is a publicly traded American video game developer and publisher headquartered in Boston, Massachusetts. The company was founded in 2003 by James Green and Marc DeForest. S2 Games is best known for developing the video game franchises HoN and Strife. As of 2022, S2 Games has a market cap of 2.46B and a return on equity of 14.92%. The company specializes in developing and publishing free-to-play online games.

– Imagination TV Inc ($OTCPK:IMTV)

Imagination TV Inc is a publicly traded company with a market cap of 1.22k as of 2022. The company has a Return on Equity of 143.46%. Imagination TV Inc is a media and entertainment company that creates and distributes content across multiple platforms. The company’s content is distributed through television, film, digital, and social media.

Summary

Live Nation Entertainment’s stock price has been volatile in recent years, but the company has a strong track record of growth and profitability. For investors looking for exposure to the live entertainment industry, Live Nation Entertainment is a compelling option.