Live Nation Entertainment: Record with 49 million event attendees in Q2
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Live Nation Entertainment is considered the largest live entertainment and concert events company in the world after its merger with ticket platform Ticketmaster. The concert business reached a new record with 49 million visitors in the second quarter. The high-margin ticket and sponsorship business grew by double digits. Antitrust risks due to the accusation of having exploited a monopoly position through long-term exclusive ticketing contracts remain a factor of uncertainty. The stock of Live Nation Entertainment (LYV) recently...
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