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Goldman Sachs Names Top Stocks To Leverage AI Trend In Music: CNBC
Wednesday, July 5, 2023 - 6:10am | 353According to Goldman Sachs, the music industry is on the brink of a significant transformation due to generative AI, offering “significant opportunities” for the sector, CNBC reports. Goldman Sachs has identified five buy-rated stocks to leverage this trend: Live Nation (NASDAQ:LYV),...
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Spotify Entry Into Live Events Could Diversify Revenue, Take On Live Nation
Wednesday, June 30, 2021 - 5:16pm | 384Podcasting and music streaming company Spotify Technology SA (NYSE: SPOT) is looking to enter live events as a new revenue stream and a way to monetize its customer data. What Happened: Spotify is exploring expansion into live events and ticketing, according to The Information. Spotify...
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How To Capitalize On Google Trends Data Showing A 'Concert' Search Uptrend
Thursday, April 22, 2021 - 12:26pm | 283Google Trends data shows an uptrend in searches for "concerts," Benzinga's Mitch Hoch said Wednesday on Benzinga's YouTube show "Power Hour." Hoch announced he is looking to capitalize on the seasonal concert trend with Live Nation Entertainment, Inc...
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COVID-19: Where It's From And Where We're Going
Friday, March 20, 2020 - 3:21pm | 711The entire financial market has been severely impacted by the novel coronavirus, COVID-19. That said, how did this natural disaster unfold and what does it mean for traders and investors? Background In 2015, FDA scientists, American and European scholars, in addition to the Wuhan Institute of...
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Eventbrite IPO Tracks With Growth In Music Festivals
Wednesday, August 29, 2018 - 11:11am | 495Online ticketing platform Eventbrite has filed an S-1 to go public in a $200-million IPO. The company's growth goes hand-and-hand with the rise of the music festival industry as it battles industry giant Live Nation Entertainment, Inc. (NYSE: LYV). Eventbrite has become a beneficial...
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Checked Out? StubHub Sales Falter After Eliminating Hidden Fees
Friday, March 28, 2014 - 12:55pm | 896StubHub's effort to please customers by eliminating hidden fees might have backfired. Sales have dipped for the online marketplace, owned by eBay (NASDAQ: EBAY), after switching to an “all-in” pricing scheme earlier this year. Hidden fees are the biggest everyday annoyance for Americans,...
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The Biggest Winners And Losers You May Have Missed Wednesday
Thursday, August 8, 2013 - 9:20am | 717When was the last time you did some research on some of those, “off the beaten path” names? Benzinga ran a screen of stocks with a market cap of at least $300 million that trade at least 200,000 shares on average. The below 10 stocks represent the biggest winners and losers from Wednesday that...
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Barron's Recap: The New Breed of Income Funds
Sunday, July 7, 2013 - 11:51am | 816This weekend in Barron's online: profiles of five multiple-asset mutual funds for diversifying sources of yield, a mid-year review of Barron's stock picks and the prospects for the Dell buyout and the new earnings season. Cover Story "The New Breed of Income Fund" by Reshma Kapadia. Investors...
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From Daily Deals Startup to Daily Deals Giant with an IPO, Groupon Makes Us All Very Proud Today
Friday, November 4, 2011 - 11:01am | 625An unofficial “take that!” to all of Groupon's critics. It's no secret that Groupon (NASDAQ: GRPN) and Benzinga are closely connected. Early this spring, Lightbank – the technology investment vehicle from Groupon co-founders Brad Keywell and Eric Lefkofsky – invested $1.5 million in our company....
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SEC Questions Groupon Over Leaked Memo; Roadshow Cancelled as the Company Re-examines IPO Timing
Tuesday, September 6, 2011 - 3:48pm | 266According to the Dow Jones Newswires, Groupon has received questions from the Securities and Exchange Commission over the outspoken memo that CEO Andrew Mason sent out to his employees late last month. The memo leaked and, within a matter of days, everyone knew what Mason was thinking. “The reason...
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Groupon, Live Nation Partner to Launch Ticketing Deals
Monday, May 9, 2011 - 5:50pm | 154Groupon and Live Nation have teamed up to launch GrouponLive, an online ticketing deals marketplace, the companies announced in a joint statement today. GrouponLive will help consumers find “high-value tickets” to concerts, sports, theater and other live events as well as providing a platform on...
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The Mighty Ticketmaster Keeps On Ticking (LYV)
Friday, November 5, 2010 - 10:24am | 251Before going to a concert, who do you buy tickets from? Do you go directly to the venue and purchase them from the box office? Or do you go the simple route and search for tickets online? If you choose the latter, chances are you wind up on Ticketmaster.com, the company everyone loves to hate....
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Why Now Is The Time To Buy Live Nation Entertainment (LYV)
Monday, October 18, 2010 - 1:18pm | 446In January, Ticketmaster Entertainment and Live Nation completed a merger that created a new company called Live Nation Entertainment, Inc. (NYSE: LYV). The company now owns more than 140 concert venues globally, will sell 140 million tickets a year, and will promote 22,000 concerts around the...
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Liberty Media Corporation (LCAPB) Shares Hit 52 Week High
Friday, January 29, 2010 - 1:35pm | 142Shares of Liberty Media Corporation (Nasdaq: LCAPB) jumped more than 8% today, as the stock hit a 52 week high of $26.22. Liberty Media Corporation manages a wide range of businesses in sectors such as electronic retailing, media, communications and entertainment. Liberty Media Corporation...
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Ticketmaster Entertainment and Live Nation Shares Surge On News Of Merger Approval
Monday, January 25, 2010 - 2:25pm | 156Shares of both Live Nation, Inc. (NYSE: LYV) and Ticketmaster Entertainment, Inc. (Nasdaq: TKTM) surged nearly 10% today on news from CNBC financial television that the Justice Department would approve the two companies' merger. The merger, which was first announced in February of last year, will...