Live Nation's Pricing Power Is on Full Display. Here's Why Investors Should Take Note.

Live Nation Entertainment (NYSE: LYV) continues to strike the right chord with consumers. On Aug. 7, the live entertainment and ticketing leader posted second-quarter revenue growth of 16%, driven by higher concert and event attendance worldwide. Meanwhile, profitability received a boost from record concert adjusted operating income (AOI), which grew an impressive 33%.This shows that even in a challenging economy, fans are willing to pay up for the most popular shows, suggesting the live entertainment boom still has legs.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool