Live Nation Entertainment, Inc. vs Thomson Reuters Corp — how do they compare? Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B), while Thomson Reuters Corp trades at $91.19 (market cap $41.28B). The key difference: Live Nation Entertainment, Inc. and Thomson Reuters Corp are close in size by market cap, and Thomson Reuters Corp pays a 2.75% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYV | TRI | |
|---|---|---|
Market Cap | $42.09B | $41.28B |
Sector | Industrials | Industrials |
52-Week High | $186.59 | $205.54 |
52-Week Low | $125.61 | $76.55 |
Enterprise Value | $43.59B | $43.24B |
Dividend Yield | — | 2.75% |
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 →Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
Read more on TRI →