Denver concert-goers and promoters decry rising costs of attending and organizing events [CBS News]
Live Nation Entertainment, Inc. (LYV)
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Source: CBS News
If you've been to a concert or even a major sporting event in Denver, the odds are good that you've dealt with Live Nation or Ticketmaster. "There are so many people that have to sacrifice either a weekend away or a concert. And that's crazy to either think of a trip costs as much as it does to go to a concert," said Kevin McConnell, who was visiting Red Rocks on Tuesday. "The fees are just crazy. Everything nowadays is just nuts," said Mark Sutherburg of Lone Tree. He used to go to a handful of shows per year. Now it's down to one. In Colorado, there is a decline in attendance for some performances, while others are doing well. There has for sure been a shift. In 2021 at the Levitt Pavilion in Ruby Hill Park, there was a rise as the pandemic ebbed. "Things have definitely plateaued if not kind of gone down a little bit," said Andrew Thomas, who is deputy director for the Levitt Pavilion. The pandemic was hard. "What we lost in the pandemic was community. People weren't around
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LYV
Earnings
- 11/2/23 - Beat
LYV
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- LYV's page on the SEC website