Live Nation Entertainment, Inc.
A giant in live entertainment, this company promotes concerts for thousands of artists, runs the Ticketmaster ticketing platform, and operates venues like House of Blues and Brooklyn Bowl worldwide. It was born in 2010 when concert promoter Live Nation—spun off from Clear Channel in 2005—merged with Ticketmaster, founded in 1976. Fun fact: the House of Blues was co-founded by Dan Aykroyd of The Blues Brothers.
The Reporting Person acquired its shares of Common Stock in connection with the Split-Off. Other than as set forth in herein, the Reporting Person does not have any present plans or proposals which relate to or would result in: (i) any acquisition by any person of additional securities of the Issuer, or any disposition of securities of the Issuer; (ii) any extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (iii) any sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (iv) any change in the board or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any vacancies on the board; (v) any material change in the present capitalization or dividend policy of the Issuer; (vi) any other material change in the Issuer's business or corporate structure; (vii) any change in the Issuer's charter or bylaws or other actions which may impede the acquisition of control of the Issuer by any person; (viii) any delisting from a national securities exchange or any loss of authorization for quotation in an inter-dealer quotation system of a registered national securities association of a class of securities of the Issuer; (ix) any termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), of a class of equity securities of the Issuer; or (x) any action similar to any of those enumerated above. Notwithstanding the foregoing, the Reporting Person may determine to change its intentions with respect to the Issuer at any time in the future and may, for example, elect (i) to acquire additional securities of the Issuer in open market or privately negotiated transactions or (ii) to dispose of all or a portion of the Reporting Person's holdings of securities of the Issuer. In reaching any determination as to the Reporting Person's future course of action, the Reporting Person will take into consideration various factors, such as the Issuer's business and prospects, other developments concerning the Issuer, other business opportunities available to the Reporting Person, tax considerations, liquidity needs and general economic and stock market conditions, including, but not limited to, the market prices of the securities.
The information contained in Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following information: On December 15, 2025, the Reporting Person completed the Split-Off of its Liberty Live Group. As a result of the completion of the Split-Off, the Reporting Person disposed of all of the shares of Common Stock beneficially owned by the Reporting Person and ceased to be the beneficial owner of any shares of Common Stock.
| Holder | Schedule | % of class | Shares | Filed |
|---|---|---|---|---|
| STATE STREET CORPORATION | 13GPassive | 4.8% | 11.40M | Aug 7, 2026 |
| Vanguard Capital Management | 13GPassive | 5.13% | 12.05M | Apr 30, 2026 |
| The Vanguard Group | 13G/APassive | 0% | 0 | Mar 27, 2026 |
| Liberty Live Holdings, Inc. | 13DActivist | 29.7% | 69.65M | Dec 17, 2025 |
The Reporting Person acquired its shares of Common Stock in connection with the Split-Off. Other than as set forth in herein, the Reporting Person does not have any present plans or proposals which relate to or would result in: (i) any acquisition by any person of additional securities of the Issuer, or any disposition of securities of the Issuer; (ii) any extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (iii) any sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (iv) any change in the board or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any vacancies on the board; (v) any material change in the present capitalization or dividend policy of the Issuer; (vi) any other material change in the Issuer's business or corporate structure; (vii) any change in the Issuer's charter or bylaws or other actions which may impede the acquisition of control of the Issuer by any person; (viii) any delisting from a national securities exchange or any loss of authorization for quotation in an inter-dealer quotation system of a registered national securities association of a class of securities of the Issuer; (ix) any termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), of a class of equity securities of the Issuer; or (x) any action similar to any of those enumerated above. Notwithstanding the foregoing, the Reporting Person may determine to change its intentions with respect to the Issuer at any time in the future and may, for example, elect (i) to acquire additional securities of the Issuer in open market or privately negotiated transactions or (ii) to dispose of all or a portion of the Reporting Person's holdings of securities of the Issuer. In reaching any determination as to the Reporting Person's future course of action, the Reporting Person will take into consideration various factors, such as the Issuer's business and prospects, other developments concerning the Issuer, other business opportunities available to the Reporting Person, tax considerations, liquidity needs and general economic and stock market conditions, including, but not limited to, the market prices of the securities. | ||||
| Liberty Media Corporation | 13D/AActivist | 0% | 0 | Dec 17, 2025 |
The information contained in Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following information: On December 15, 2025, the Reporting Person completed the Split-Off of its Liberty Live Group. As a result of the completion of the Split-Off, the Reporting Person disposed of all of the shares of Common Stock beneficially owned by the Reporting Person and ceased to be the beneficial owner of any shares of Common Stock. | ||||
| BlackRock, Inc. | 13GPassive | 5.1% | 11.69M | Jul 17, 2025 |
| Select Equity Group, L.P. | 13G/APassive | 3.6% | 8.44M | Feb 14, 2025 |
| George S. Loening | 13G/APassive | 3.6% | 8.44M | Feb 14, 2025 |