posted
HaHa. There about to get taken out. Malone is the Chairman of Liberty Media. Liberty owns over 24 million shares of Live Nation. Keep em coming!
Malone named interim chairman of Live Nation Malone named interim chairman at Live Nation; Diller's departure a done deal
ShareretweetEmailPrintCompanies:Live Nation Entertainment, Inc. Related Quotes Symbol Price Change LYV 9.77 +0.44
{"s" : "lyv","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} On Friday October 15, 2010, 4:05 pm EDT LOS ANGELES (AP) -- Live Nation Entertainment Inc. said on Friday that director John Malone has been named chairman, and confirmed that former Chairman Barry Diller has stepped down.
Diller's planned exit was widely reported last month. Live Nation said Diller made his resignation official at a board meeting on Thursday afternoon.
Diller oversaw the merger of ticket seller Ticketmaster and Live Nation, the world's largest concert promoter. But he had clashed with Malone over the direction of the combined company.
Live Nation Entertainment said Malone has agreed to be interim chairman while the combined company seeks a new chairman. Malone's Liberty Media Corp. owns some 14 percent of the company.
Live Nation shares rose 40 cents, or 4.2 percent, to close at $9.73. They rose another 45 cents, or 4.8 percent, to $9.78 in aftermarket trading.
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
There were 3,373 call contracts traded compared to the ten day average volume of 800 contracts. On the put side, 36 put contracts exchanged hands. Today's traded Put/Call ratio is 0.01.
Live Nation Entertainment Q3 Profit Falls - Quick Facts
Date: 4 November 2010
(RTTNews) - Live music concerts producer Live Nation Entertainment Inc. (LYV) Thursday reported a lower profit for the third quarter.
For the quarter, net income attributable to the company fell to $51.40 million or $0.30 per share from $69.25 million or $0.78 per share last year.
On average, three analysts polled by Thomson Reuters expected the company to earn $0.36 per share in the quarter. Analysts' estimates typically excludes special items.
Revenue for the quarter decreased to $1.84 billion from $1.79 billion in the previous year's third quarter. Analysts were looking for a revenue of $1.93 billion.
posted
Liberty Media Boosts Stake In Live Nation To 18% Wednesday 11/17/2010 5:56 PM ET - Dow Jones News
Related Companies Symbol Last %Chg LCAPA 57.60 1.50% LCAPB 56.13 0.00% LYV 10.41 4.52%
As of 4:00 PM ET 11/18/10
DOW JONES NEWSWIRES
Liberty Media Corp. increased its stake in Live Nation Entertainment Inc. (LYV) to about 18% with two large purchases of shares since the beginning of the month. That's about a four percentage point increase in its ownership of the live-event promoter, stemming from a 4.5 million share purchase this week and 2.5 million share buy on Nov. 4. The conglomerate controlled by cable mogul John Malone reported a stake of 31.9 million Live Nation shares as of Monday, according to a filing to the Securities and Exchange Commission released Wednesday. Liberty's Capital unit (LCAPA) holds stakes in other media companies, like Time Warner Inc. (TWX), in addition to Live Nation. Shares in Live Nation, which weren't trading after hours, have risen 17% so far this year, outpacing the broader market's growth. The stock closed down 0.5%, at $9.95 Wednesday. Liberty's first purchase of the stock was below that, at $9.63 per share, while the second purchase was above, at $10.18. Live Nation's most recent quarterly results showed interest expenses taking a bite out of the bottom line, while the weak economy continued to drag down its concert business. On the other hand, Liberty Media reported improvement across its vast array of assets in the third quarter, with its QVC and Starz businesses both showing profit growth.
-By Joan E. Solsman, Dow Jones Newswires; 212-416-2291; joan.solsman@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/nae/al?rnd=wbXhBRkekmKgOEnF3p2%2F7w%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires 11-17-10 1756ET Copyright (c) 2010 Dow Jones & Company, Inc.
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
quote:Originally posted by invester: HaHa. There about to get taken out. Malone is the Chairman of Liberty Media. Liberty owns over 24 million shares of Live Nation. Keep em coming!
Malone named interim chairman of Live Nation Malone named interim chairman at Live Nation; Diller's departure a done deal
ShareretweetEmailPrintCompanies:Live Nation Entertainment, Inc. Related Quotes Symbol Price Change LYV 9.77 +0.44
{"s" : "lyv","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} On Friday October 15, 2010, 4:05 pm EDT LOS ANGELES (AP) -- Live Nation Entertainment Inc. said on Friday that director John Malone has been named chairman, and confirmed that former Chairman Barry Diller has stepped down.
Diller's planned exit was widely reported last month. Live Nation said Diller made his resignation official at a board meeting on Thursday afternoon.
Diller oversaw the merger of ticket seller Ticketmaster and Live Nation, the world's largest concert promoter. But he had clashed with Malone over the direction of the combined company.
Live Nation Entertainment said Malone has agreed to be interim chairman while the combined company seeks a new chairman. Malone's Liberty Media Corp. owns some 14 percent of the company.
Live Nation shares rose 40 cents, or 4.2 percent, to close at $9.73. They rose another 45 cents, or 4.8 percent, to $9.78 in aftermarket trading.
posted
Calls jumped in price. This held $10 all through the downturn the last 2 weeks. Now moving up on Liberty increasing stake. Just a matter of time.
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
posted
Nov 15, 2010 LIBERTY MEDIA CORP Beneficial Owner (10% or more) 4,500,000 Indirect Purchase at $10.18 per share. 45,810,000
Posts: 4381 | From: houston | Registered: Mar 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
