Live Nation Entertainment, Inc. vs Open Text Corporation — how do they compare? Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B), while Open Text Corporation trades at $22.77 (market cap $5.61B). The key difference: Live Nation Entertainment, Inc. is far larger — about 7.5× Open Text Corporation's market cap, and Open Text Corporation pays a 4.72% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYV | OTEX | |
|---|---|---|
Market Cap | $42.09B | $5.61B |
Sector | Industrials | Technology |
52-Week High | $186.59 | $39.69 |
52-Week Low | $125.61 | $20.01 |
Enterprise Value | $43.59B | $10.77B |
Dividend Yield | — | 4.72% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Open Text Corporation is a global leader in Enterprise Information Management (EIM) software and solutions. The company provides a comprehensive platform that helps organizations manage, secure, and leverage their unstructured digital content, including documents, emails, and media files. OTEX's offerings span content management, business process management, customer experience management, and security, serving large enterprises across various industries worldwide.
Read more on OTEX →