Live Nation is Slowly Getting Closer to Profitability – Still Lots of Work To Do
Live Nation (NYSE:LYV) seems to be getting very close to profitability. Live Nation spun out of Clear Channel in 2005, but has been struggling to get its finances in order since then.
These numbers are for the year so far, but it seems much improved in 2013.
Large ticket companies like Live Nation have been in lots of trouble in the previous years for price fixing, so its about time they got some good news. Hopefully this also means they are cleaning up their business.