Wildcard: A Look at the Live Events Industry and Livenation
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 15 April 2020
⏱️ 52 minutes
🧾️ Download transcript
Summary
With the onset of the COVID-19 pandemic, concerts, sports, and other live events have ground to a halt. Where has that left businesses servicing the live event space? Fool Contributor Luis Sanchez joins the show to break it all down, including a look at the balance sheets of Livenation and Eventbrite.
Stocks Mentioned: LYV, EB, DIS, WWE
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| 0:00.0 | Welcome to Industry Focus. The podcast that dives into a different sector of the stock market each day. |
| 0:11.5 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Saiple. I'm Dylan Lewis. And today we're talking financials. Today we're talking consumer goods. |
| 0:20.0 | Wild-C |
| 0:18.0 | Wednesday. And we're talking energy. And today we're talking tech. Let's dive in. |
| 0:25.0 | Welcome industry focus. I'm Nick Saipel. It's Wednesday, April 15th. What ordinarily would have been tax day before the coronavirus pandemic swept across the country and I think all tax deadlines have been delayed. |
| 0:39.6 | Today our topic is going to be the live events industry. |
| 0:43.3 | Obviously this industry has been decimated |
| 0:45.2 | by the ongoing pandemic. |
| 0:46.4 | My guest today helped me break it all down |
| 0:48.1 | is Luis Sanchez. |
| 0:49.0 | Luis, how's it going? |
| 0:50.8 | I'm good, how are you Nick? I'm doing fantastic fantastic you're in New York City which is one of the |
| 0:55.2 | epicenters of this thing how has your life changed in the past month and a half two |
| 0:59.0 | months well I could lie to you and tell you that the mood's been great, but it hasn't. |
| 1:06.8 | I kid you not. |
| 1:09.0 | In the past six weeks, I've probably cumulatively spent about four or five hours outside of my apartment. |
| 1:15.2 | Yeah. |
| 1:16.2 | So yeah, that's how New York City is right now. |
| 1:20.1 | Yeah, it's been, it's not quite that bad up here in DC. |
| 1:22.8 | I get out maybe a couple times a day to walk the dog. |
| 1:25.2 | I've typically been known as an inside person, |
| 1:28.3 | and I don't think I would be an inside person |
... |
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