Live Nation Entertainment, Inc. vs Weibo Corp — how do they compare? Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B), while Weibo Corp trades at $7.77 (market cap $1.93B). The key difference: Live Nation Entertainment, Inc. is far larger — about 22.1× Weibo Corp's market cap, and Weibo Corp pays a 7.75% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| LYV | WB | |
|---|---|---|
Market Cap | $42.71B | $1.93B |
Sector | Industrials | Media |
52-Week High | $186.59 | $12.83 |
52-Week Low | $125.61 | $7.20 |
Enterprise Value | $44.92B | $1.20B |
Dividend Yield | — | 7.75% |
Trailing returns across standard periods
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 →Weibo is the largest social media platform in China. As of 2020, Weibo had 521 million monthly active users and 225 million daily active users, many of whom are drawn there by the millions of key opinion leaders in entertainment, sports, and business circles. Sina is the major shareholder, holding 44.7% of shares and with 70.8% voting power.
Read more on WB →