Live Nation Entertainment: Scale Advantage In A Growing Industry
Klaus Vedfelt The live music industry is experiencing a number of structural tailwinds that should drive robust growth over time. To give a better sense of the size and growth trend, I point readers to LYV's recent analyst day, which has a slide on it. According to management, the industry is worth around $35 billion in 2023 and has grown 8% annually over the past two decades. Over the next decade, the expectation is for the industry to grow faster than ever. I totally agree with the management view that th ...