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Wall Street

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Liberty Media ‘Special Purpose Acquisition Company’ Pushes $500 Million IPO

Dylan Smith
January 22, 2021
Liberty Media, which owns the Atlanta Braves, about one-third of Live Nation, and approximately 70 percent of SiriusXM, has officially rolled out a $500 million IPO for its newly formed “special purpose acqui... Read More...
live nation

Live Nation Stock (LYV) Recovers All of Its 2020 Losses — And Reaches an All-Time High

Dylan Smith
January 22, 2021
Live Nation stock (LYV) has recovered the entirety of its 2020 losses – and briefly touched a record high of $78 per share. Live Nation stock (LYV) began 2020 at nearly $72 per share – up from about $50 per ... Read More...
tencent music

Tencent Music Is Planning a Second IPO Valued at $3.5 Billion

Dylan Smith
January 14, 2021
Tencent Music, which operates the QQ Music, Kugou Music, and Kuwo Music streaming services (as well as the WeSing karaoke app) in China, is reportedly planning a second, $3.5 billion IPO. Higher-ups at the S... Read More...
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BTS Members Awarded Millions In Pre-IPO Shares from Big Hit Entertainment

Dylan Smith
September 8, 2020
Big Hit Entertainment, the agency behind K-pop sensation BTS, is set to launch its IPO next month. And ahead of this long-awaited debut on the public market, Big Hit founder and co-CEO Bang Si-hyuk has given ... Read More...
Warner Music

One Week Later — How’s Warner Music Group’s Stock Doing?

Dylan Smith
June 10, 2020
One week ago, Warner Music Group (WMG) returned to the stock market in a big way, with investors pushing its per-share value up by more than 20 percent – and adding almost $400 million to its market cap – in ... Read More...

NetEase Tees Up $2.7 Billion Hong Kong Stock Offering

Dylan Smith
June 2, 2020
Chinese tech company and Tencent competitor NetEase is moving forward with plans to launch an initial public offering (IPO) on Hong Kong’s stock market. NetEase officials announced the IPO’s details in an of... Read More...

Live Nation CEO Buys $1 Million Of His Own Stock, Loses $250,000 In 4 Days

Paul Resnikoff
March 18, 2020
1
Shares of Live Nation (LYV) took another pronounced plunge today, with shares dropping nearly 13% by the closing bell.  That's bad news for recent bottom-buyers, including Live Nation's own CEO. It was a bol... Read More...

Live Nation Faces Serious Downgrade as Stock Tanks Another 15%

Paul Resnikoff
March 16, 2020
Shares of Live Nation continued their downward descent on Monday as broader live event cancellations now seem inevitable. Live Nation, which has already been forced to mass-cancel the entire month of March, ... Read More...

As Stock Slides, Live Nation CEO Buys $1 Million Worth of Shares

Dylan Smith
March 13, 2020
Live Nation’s president and CEO, Michael Rapino, as well as several Live Nation executives, have bought up a substantial number of shares in response to their company’s coronavirus-fueled price drop. Accordi... Read More...

Live Nation Stock Keeps Plunging — $8.3 Billion Lost In 30 Days

Paul Resnikoff
March 12, 2020
Shares of Live Nation continued nosediving on Thursday, with coronavirus complications causing a valuation loss of more than $8.3 billion. The plunge is part of a very bad week on Wall Street, based on conti... Read More...

Live Nation Stock Goes Into a Tailspin — $1.8 Billion Lost In One Day

Paul Resnikoff
March 11, 2020
Shares of Live Nation (LYV) took a nosedive on Wednesday as global coronavirus fears cripple concert touring and attendance. Just ten days ago, Live Nation CEO Michael Rapino was downplaying coronavirus conc... Read More...

Live Nation Stock Tanking Amidst Cancelled Concerts & Festivals

Dylan Smith
March 9, 2020
1
Although Live Nation CEO Michael Rapino downplayed the probable impact of the coronavirus (COVID-19) on business operations just last week, the concert-promotion company’s stock value tumbled today as event c... Read More...
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