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Live Nation (LYV): We Love Rock N' Roll


Summary

Live Nation (LYV, $91.98) is the quintessential example of an Epicenter stock; it lost 95% of revenue at the height of the pandemic and was forced to significantly mitigate interrupted revenue with cost-cutting.The company is by far the largest operator in the events business. The advantages of scale are likely to increase as it potentially gobbles up the best of thousands of smaller operators and assets like venues.We believe a truly once-in-a-lifetime moment is developing for the live m...

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