4.6 • 854 Ratings
🗓️ 11 September 2018
⏱️ 24 minutes
🧾️ Download transcript
With events and artists from all over the world, Live Nation has established a firm grip on the live events industry by bringing talent management, venue operations, and a ticketing platform all under the same roof. We take a look at the company’s sprawling empire, including the regulatory attention it has attracted. Stocks: LYV, MSG
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| 0:00.0 | This episode of Industry Focus is brought to you by TD Ameritrade, |
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| 0:14.0 | slash innovation. |
| 0:17.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the |
| 0:20.4 | stock market every day. I'm your host, Vincent Chen, and joining me in the |
| 0:23.8 | studio is fellow Motley full analyst Nick Saipel. We're pre-recording |
| 0:28.2 | today's show to air on Tuesday, September 11th. Hey Nick, great to have you back, man. |
| 0:32.4 | Hey it's great to be here, happy to be on talking to you. So you have how many |
| 0:37.4 | podcasts in your belt? Is this your second one or you done a few others? |
| 0:40.4 | This will be number two by the end of the week we'll have three down. |
| 0:42.6 | I feel like it's getting easier. |
| 0:44.2 | I'll let you know after the end of this one. |
| 0:45.7 | How about that? |
| 0:46.7 | Okay, fair enough, fair enough. |
| 0:47.7 | Fair enough. Really glad that you could hop on so we can return the initial public offering of |
| 0:53.0 | the live events industry. So two weeks ago we previewed the |
| 0:57.6 | initial public offering of Eventbright and check out that episode if you haven't heard it yet, but the short elevator pitch for the company basically goes like this. |
| 1:08.0 | You have this fast growing event planning and ticketing platform that targets what they call the middle market. And it's a pretty big bucket and as... a in between and through its platform Eventbright, they generate revenue by charging a fixed and |
| 1:24.8 | variable fee per ticket for paid events, not to mention the additional fee they generate if creators |
| 1:29.8 | use the company's payment processing. New Creator sign-ups and the subsequent loyalty to the platform are encouraging, |
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