Live Nation Entertainment, Inc. vs VICI Properties Inc — how do they compare? Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B), while VICI Properties Inc trades at $26.66 (market cap $29.55B). The key difference: Live Nation Entertainment, Inc. is the larger of the two by market cap, and VICI Properties Inc pays a 6.71% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYV | VICI | |
|---|---|---|
Market Cap | $42.09B | $29.55B |
Sector | Industrials | Real Estate |
52-Week High | $186.59 | $33.93 |
52-Week Low | $125.61 | $25.94 |
Enterprise Value | $43.59B | $46.77B |
Dividend Yield | — | 6.71% |
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 →VICI Properties is an S&P 500 experiential real estate investment trust (REIT) that owns one of the largest portfolios of market-leading gaming, hospitality, and entertainment destinations, including Caesars Palace and MGM Grand. It utilizes a long-term, triple-net lease model to provide stable, inflation-protected income, serving as the primary landlord for the 'experience economy' while diversifying into non-gaming sectors like wellness, youth sports, and luxury resorts.
Read more on VICI →