Skip to content
Live Index

Research and data

Research

Publicly Traded Live-Entertainment Companies: A 2026 Researcher's Guide

The investable surface of live music is small, and smaller than it looks: most listed names carry sports, media or theatre alongside concerts, and one familiar ticker left the public markets entirely in March 2026. This guide states what each listing's exposure actually is, from the companies' own reporting — a research aid, not investment advice.

Authors
Published
Updated

Contributions

In short

The U.S.-listed companies with material live-event exposure that Live Index maintains records for: Live Nation Entertainment (NYSE: LYV) — promotion, venues and Ticketmaster, the only near pure-play; Madison Square Garden Entertainment (NYSE: MSGE) — venue operation including the leased Radio City Music Hall; Sphere Entertainment (NYSE: SPHR) — the Sphere venue plus MSG Networks; Vivid Seats (NASDAQ: SEAT) — secondary ticketing across concerts, sports and theatre; and Venu Holding (NYSE American: VENU) — venue development. CTS Eventim (XETRA: EVD.DE) is included only as the largest listed European comparable. Eventbrite is no longer a public comparable: its 2025 Form 10-K states its acquisition closed March 10, 2026 and that it would cease to be publicly traded.

A researcher who wants a market read on live music through listed equities inherits a mapping problem before a valuation problem: which tickers actually carry the exposure? The answer is shorter than most screeners suggest, and every name on it needs a qualifier. This guide is the qualifier, built from the companies' own filings and maintained alongside the fuller Live Index equities framework.

The current list, and what each listing actually holds

Live Nation Entertainment is the anchor: promotion, venue operation and ticketing through its wholly owned Ticketmaster, reported across Concerts, Ticketing and Sponsorship & Advertising segments — the only listing close to a pure-play on the concert economy. Madison Square Garden Entertainment operates a venue portfolio in which concerts share revenue with residencies and other live events, and its marquee non-Garden hall, Radio City Music Hall, is leased rather than owned — a distinction documented in the Radio City ownership analysis. Sphere Entertainment pairs its Las Vegas venue with MSG Networks; Vivid Seats is a secondary marketplace in which concerts sit alongside sports and theatre; Venu Holding is a small-capitalization venue developer. None of these, other than Live Nation, is a concert-only signal, and treating any share price as one is a category error.

The European comparable

CTS Eventim, listed on XETRA and reported in euro, is Europe's largest listed ticketing and live-entertainment group. It appears in this guide as context — the scope is U.S.-listed companies, and the German listing is included only because it is already maintained on the Live Index market tape as the major European comparable.

Eventbrite: a former public comparable

Eventbrite belongs to the list's history, not its present. Its Form 10-K for fiscal 2025 states that its acquisition closed on March 10, 2026, that it requested suspension of NYSE trading, and that it would cease to be publicly traded. Any dataset, screener or article still carrying EB as a live public comparable is stale, and the comparison table below records the company as former with its filing basis attached.

What this guide deliberately excludes

This is a researcher's guide to listings Live Index already maintains verified records for — not an exhaustive equity universe, not a set of recommendations, and not a valuation exercise. No market capitalizations or prices appear on this page because the guide is about exposure and reporting basis, which filings establish, rather than value, which they do not.

Researcher's guide

The listed companies, with their exposure stated

Scope: companies with material live-event, ticketing or venue exposure that Live Index already maintains records for. This is a researcher's guide, not an exhaustive equity universe, and nothing on it is a recommendation.

CompanyExchangeLive-music exposureBasisStatus
LYVLive Nation Entertainment, Inc.NYSEConcert promotion, venue operation, ticketing (Ticketmaster)Concerts, Ticketing and Sponsorship & Advertising reporting segments in its Form 10-KCurrently listed
MSGEMadison Square Garden Entertainment Corp.NYSEVenue operation: Madison Square Garden, Radio City Music Hall (leased), Beacon Theatre, Chicago TheatreVenue portfolio and live-entertainment revenue in its FY2026 Form 10-KU.S. Securities and Exchange CommissionCurrently listed
SPHRSphere Entertainment Co.NYSEThe Sphere venue in Las Vegas; also owns MSG NetworksSphere and MSG Networks reporting segmentsCurrently listed
SEATVivid Seats Inc.NASDAQSecondary ticketing marketplace across concerts, sports and theaterMarketplace and resale segments in its Form 10-K for fiscal year 2025U.S. Securities and Exchange CommissionCurrently listed
VENUVenu Holding CorporationNYSE AmericanMusic venue development and operation, hospitality, premium seatingCompany reporting as recorded on the Live Index market tapeCurrently listed
EVD.DECTS Eventim AG & Co. KGaAXETRA (Germany)Ticketing and live entertainment in EuropeTicketing and live-entertainment segments, reported in euroContext — not U.S.-listedNot U.S.-listed. Included only as the largest listed European comparable already on the Live Index tape.
EBEventbrite, Inc.Formerly NYSESelf-service ticketing for independent eventsForm 10-K for fiscal year 2025U.S. Securities and Exchange CommissionFormer public companyNot a current public comparable. Its 2025 Form 10-K states the acquisition closed on March 10, 2026, that it requested suspension of NYSE trading, and that it would cease to be publicly traded.

StubHub Holdings is deliberately absent: no verified record exists in the Live Index corpus, and this guide lists only what the corpus holds.

Research notes and limitations

Membership reflects the Live Index corpus, not the full universe of listed companies with any live-event exposure; StubHub Holdings is deliberately absent because no verified record exists in the corpus and this guide performs no new research. Exposure descriptions summarize company reporting and are not audited here. Nothing on this page is investment advice, and no prices or valuations are published on it.

References

  1. 01Eventbrite, Inc., Form 10-K for fiscal year 2025. Source for the statements that its acquisition closed March 10, 2026, that it requested suspension of NYSE trading, and that it would cease to be publicly traded. www.sec.gov/Archives/edgar/data/1475115/000147511526000005/eb-20251231.htm
  2. 02Vivid Seats Inc., Form 10-K for fiscal year 2025. Source for the company's marketplace reporting basis. www.sec.gov/Archives/edgar/data/1856031/000119312526103023/seat-20251231.htm
  3. 03Madison Square Garden Entertainment Corp., Form 10-K for the fiscal year ended June 30, 2026. Source for the venue portfolio and the classification of Radio City Music Hall as leased. www.sec.gov/Archives/edgar/data/1952073/000162828026056286/msge-20260630.htm

Publication record

The structured record for this document. Classification is drawn from the Live Index controlled vocabulary so relationships between people, subjects, places and measurements stay consistent across the platform.

Content type
Data Brief
Primary topic
Live Music Economics
Secondary topics
Consolidation
Themes
DataMarket Health
Methodology
What we measure

Corrections and revisions

No corrections have been issued for this document. Substantive errors are corrected on this page, dated and retained.

Corrections policy

Cite this research

Plain
Omar Afra, "Publicly Traded Live-Entertainment Companies: A 2026 Researcher's Guide", Live Index, September 3, 2026, https://liveindex.io/research/publicly-traded-live-music-companies
APA
Afra, O. (2026, September 3). Publicly Traded Live-Entertainment Companies: A 2026 Researcher's Guide. Live Index. https://liveindex.io/research/publicly-traded-live-music-companies
Chicago
Omar Afra. "Publicly Traded Live-Entertainment Companies: A 2026 Researcher's Guide." Live Index, September 3, 2026. https://liveindex.io/research/publicly-traded-live-music-companies.
BibTeX
@online{research-publicly-traded-live-music-companies-2026, author = {Omar Afra}, title = {Publicly Traded Live-Entertainment Companies: A 2026 Researcher's Guide}, organization = {Live Index}, date = {2026-09-03}, url = {https://liveindex.io/research/publicly-traded-live-music-companies} }

Continue

Related research