Live Nation Entertainment, Inc. (NYSE: LYV) - 4 festivals to look forward to when live music returns

Personal music festivals and concerts are making a comeback in 2021 after being silenced for a year by the coronavirus pandemic.

“I’ve never been so enthusiastic about the possibilities that are open to us. We continue to have significant tailwinds in the live events industry as consumers seek experience more than ever, ”continued CEO Michael Rapino Live Nation Entertainment (NYSE: LYV) Fourth quarter conference call.

The number of people vaccinated is increasing and the number of COVID-19 restrictions is decreasing.

According to Pollstar, cancellations related to COVID-19 cost the live music industry $ 30 billion in 2020.

Musicians and fans alike are longing for a return to live entertainment, and this bodes well for Live Nation.

Live Nation Outlook

Live Nation is the market share leader when it comes to promoting events like Lollapalooza and Governors Ball. The company has a number of historical relationships and strong networks with artists and venues that set it apart from the competition when it comes to putting together noteworthy events.

The company is well on its way to recovering strongly from the pandemic. Two weeks ago, Jeffries analyst David Katz upgraded the stock from Hold to Buy in anticipation of the company’s strong performance in 2022 and beyond. “People want to get out there and do things,” said Katz.

Live events to look forward to

Lollapalooza

Festival dates: July 29th-Aug. 1, 2021
The Chicago festival will include performances by Foo Fighters, Post Malone, Tyler the Creator and Miley Cyrus. Many more notable artists will perform during the four day festival at Grant Park.

Gubernatorial ball

Festival dates: September 24-26, 2021
The NYC Festival celebrates its 10th anniversary with the likes of Billie Eilish, A $ AP Rocky, J Balvin and Post Malone.

Loud loud Miami

Dates: July 23-26, 2021

Rolling Loud Miami returns to Miami Gardens. Hard Rock Stadium is well on its way to hosting one of the best lineups from 2021 festivals, headlining A $ AP Rocky, Travis Scott and Post Malone, plus performances by Lil Baby, Trippie Redd, Lil Uzi Vert, Gucci Mane and Swae Lee name a few.

Barefoot Country Music Fest

Dates: August 19-22, 2021

Wildwood, New Jersey is going all out to showcase more than 30 of the country’s hottest artists after the 2020 festival was canceled.

The music festival will include artists such as Carrie Underwood, the Zac Brown Band, Dan + Shay, Lee Brice, Lynyrd Skynyrd and many more.

More 2021 festivals can be found here.

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