Live Nation Entertainment, Inc. vs Prospect Capital Corporation — how do they compare? Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B), while Prospect Capital Corporation trades at $2.18 (market cap $1.12B). The key difference: Live Nation Entertainment, Inc. is far larger — about 37.6× Prospect Capital Corporation's market cap, and Prospect Capital Corporation pays a 22.42% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYV | PSEC | |
|---|---|---|
Market Cap | $42.09B | $1.12B |
Sector | Industrials | Financials |
52-Week High | $186.59 | $3.47 |
52-Week Low | $125.61 | $2.15 |
Enterprise Value | $43.59B | — |
Dividend Yield | — | 22.42% |
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 →Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.
Read more on PSEC →