Live Nation Entertainment, the parent company of Ticketmaster, is about to release its third-quarter earnings report. Investors are eagerly awaiting the results, hoping for a continuation of the strong performance seen in the second quarter. Key areas to watch include ticket sales, concert attendance, and sponsorship revenue. Find out how Live Nation’s Q3 earnings could impact the stock and what investors should look for.
Results for: Ticketmaster
Ticketmaster has partnered with Apple to bring enhanced ticketing experiences to iPhone users. The new feature, launched with iOS 18, offers richer ticket details within Apple Wallet, including venue maps, parking information, and real-time location sharing. This collaboration comes amidst recent controversies surrounding Ticketmaster’s pricing strategies and antitrust lawsuits.
Ticketmaster has been hit with a major data breach, exposing the personal information of hundreds of millions of users. The breach reportedly includes names, emails, phone numbers, addresses, event details, ticket sales, order information, and partial payment card data. The stolen data is being sold on a hacker forum for $500,000.
Fans of Peter Kay have expressed frustration after learning about the cancellation of his opening gigs at the new Co-op Live venue in Manchester through social media rather than official communication from Ticketmaster. The shows, originally scheduled for Tuesday and Wednesday, have been rescheduled to next week due to ongoing safety tests. While some fans understand the safety concerns, they are disappointed with the lack of timely communication and the potential inconvenience caused by the date change.