Live Nation Entertainment
1.13 %
50.85 %
Yet to be announced
Company Overview
Live Nation Entertainment, Inc. is the world's leading live entertainment and ticketing company. The company operates through three segments: Concerts, Ticketing, and Sponsorship & Advertising. Live Nation promotes, operates, and manages ticket sales for live entertainment in venues and festivals globally. The company also owns, operates and has booking rights for entertainment venues, ranging from concert halls to large stadiums.
Revenue Sources
PassLive Nation's primary revenue streams come from concert promotion, venue operations, ticketing services, and sponsorship/advertising. These core business activities involve providing legitimate entertainment services and do not constitute gambling or other haram activities. The company's revenue is generated through ticket sales, venue operations, concessions, merchandise, and sponsorship deals - all of which represent actual value exchanges for goods and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $3.38b | $3.35b | - | $80.34m | 0.00% | 2.40% |
| Dec. 31, 2024 | $5.68b | $6.01b | - | $79.92m | 0.00% | 1.33% |
| Sept. 30, 2024 | $7.65b | $7.1b | - | $87.96m | 0.00% | 1.24% |
| June 30, 2024 | $6.02b | $5.64b | - | $79.97m | 0.00% | 1.42% |
Based on the financial data from the last four quarters, interest expenses represented a small portion of total expenses. The interest expense ratios were consistently below 2% of total expenses across all quarters analyzed, indicating interest is not a material part of the company's business model.
Operational Ethics
PassAfter reviewing Live Nation's operations and business relationships through SEC filings and public records, there is no evidence of significant ongoing associations with entities involved in human rights violations. While the company operates globally, there are no documented material ties to the Chinese Communist Party or current operations in Israel that would raise concerns.
Comments