Bank of New York Mellon Corp vs Live Nation Entertainment, Inc. — how do they compare? Bank of New York Mellon Corp trades at $161.02 (market cap $108.78B), while Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B). The key difference: Bank of New York Mellon Corp is far larger — about 2.5× Live Nation Entertainment, Inc.'s market cap, and Bank of New York Mellon Corp pays a 1.38% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| BNY | LYV | |
|---|---|---|
Market Cap | $108.78B | $42.71B |
Sector | Financials | Industrials |
52-Week High | $162.35 | $186.59 |
52-Week Low | $101.00 | $125.61 |
Dividend Yield | 1.38% | — |
Enterprise Value | — | $44.92B |
Trailing returns across standard periods
Latest headlines on both assets
BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with about $41.1 trillion in under custody and administration (as of Dec. 31, 2020), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.2 trillion in assets.
Read more on BNY →Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock.
Read more on LYV →