Live Nation Entertainment, Inc. vs Sony Group Corp — how do they compare? Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B), while Sony Group Corp trades at $21.11 (market cap $125.96B). The key difference: Sony Group Corp is far larger — about 3× Live Nation Entertainment, Inc.'s market cap, and Sony Group Corp pays a 0.75% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYV | SONY | |
|---|---|---|
Market Cap | $42.09B | $125.96B |
Sector | Industrials | Technology |
52-Week High | $186.59 | $30.26 |
52-Week Low | $125.61 | $19.32 |
Enterprise Value | $43.59B | $122.45B |
Dividend Yield | — | 0.75% |
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 →Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.
Read more on SONY →