Liberty Live (Series C) (LLYVK)
Communication Services · Live Entertainment and Ticketing Holding Company
Liberty Live is a newly spun-off holding company that owns approximately 70% of Live Nation Entertainment—the world's largest live music promoter and ticketing platform—plus sports/entertainment event company QuintEvents.
What Liberty Live (Series C) does
Liberty Live is a holding company formed in December 2025 following its spin-off from Liberty Media, with three main assets: a ~69.6% equity stake in Live Nation Entertainment (a global live music and entertainment company), full ownership of QuintEvents (a sports and entertainment event company), and interests in certain private assets. The company generates revenue primarily through its Live Nation investment and Quint operations, which span live concerts, venue ownership, ticketing, and sports/entertainment events across 55+ countries.
Themes: ["live entertainment / concerts","ticketing platforms","venue ownership and management","sports and entertainment events","artist management"]
Fundamentals
- Price$105.43 as of 2026-07-09 close
- Market cap$23.5B as of 2026-07-10
- 1-year return-3.1% as of 2026-07-09 close
- P/E42.42 as of 2026-07-10
- Net margin+12.4% as of 2026-07-10
- Gross margin+33.7% as of 2026-07-10
- ROE+7.2% as of 2026-07-10
- Debt / equity0.66 as of 2026-07-10
- Revenue growth (YoY)+22.7% as of 2026-07-10
- Beta0.70 as of 2026-07-10
Key risks (from latest filing)
["Significant concentration risk from ~69.6% stake in Live Nation, including exposure to competition in live music and ticketing industries and changes in consumer preferences for live events","Economic and weather sensitivity affecting attendance and demand for live entertainment events","Operational and regulatory risks from international operations, personal injury claims, data/network security breaches, and ongoing litigation exposure"]
Competitors & peers
- Live Nation Entertainment (LYV) - parent/investee relationship but also competes through Quint
- AEG Presents
- Ticketek
- StubHub
- SeatGeek
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.