LIVE NATION ENTERTAINMENT, INC.

(LYV)
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Delayed Nyse  -  04:03 2022-08-17 pm EDT
97.48 USD   -1.58%
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LATIN POWERHOUSES WISIN Y YANDEL ANNOUNCE FINAL TOUR - LA ULTIMA MISION; Tickets on Sale Friday, March 18 at 10 a.m. PT at AXS.com

03/15/2022 | 07:12am EDT

LAS VEGAS - Latin music's most iconic duo, Wisin & Yandel, have announced they will embark on one final epic tour to celebrate the upcoming release of their newest album and 19 years as a duo, making these shows the last time fans can see them on stage together. Produced by Live Nation, the 26-city tour will make a Las Vegas stop at the MGM Grand Garden Arena Friday, Nov. 18, 2022.

Citi is the official card of the La Ultima Mision tour. Citi cardmembers will have access to pre-sale tickets Tuesday, March 15 at 10 a.m. PT until Thursday, March 17 at 10 p.m. PT through the Citi Entertainment program. For complete pre-sale details visit www.citientertainment.com.

Fans can access pre-sale tickets via the artist Wednesday, March 16 at 10 a.m. PT through Thursday, March 17 at 10 p.m. PT. Members of MGM Rewards, MGM Resorts International's reimagined loyalty rewards program, as well as Live Nation customers, will receive access to a pre-sale Thursday, March 17 from 10 a.m. PT through 10 p.m. PT. Tickets will be available to the general public starting Friday, March 18 at 10 a.m. PT at AXS.com.

During duo's tour press conference today, Sony Music Latin presented Wisin & Yandel with the following RIAA Certifications for their previous studio album Los Campeones Del Pueblo | 'THE BIG LEAGUES': Los Campeones Del Pueblo | 'The Big Leagues' - 5X Multi-Platinum, 'Reggaeton En Lo Oscuro' - 6X Multi-Platinum, 'Chica Bombastic' - Gold, Platinum and 2x Multi-Platinum, 'Dame Algo' - Gold, Platinum and 3x Multi-Platinum, 'Callao' - Gold, Platinum and 3x Multi-Platinum; 'Aullando' - Gold, Platinum & 22x Multi-Platinum, 'Ganas De Ti' - Gold, Platinum & 2x Multi-Platinum, 'Guaya' - Gold & Platinum, 'La Luz' - Gold and Platinum, 'Ojala' - Gold & Platinum, 'Deseo' - Gold and 'Mi Intencion' - Gold.

Wisin & Yandel recently released the second single 'No Se Olvida' from their upcoming album La Ultima Mision and will be honored with the 'President's Award' from BMI on March 15, 2022.

About Wisin & Yandel

Wisin & Yandel are revered artists who have achieved continuous success in their solo careers, yet as a Latin music duo they have enjoyed unparalleled success. During their 19-year career as a duo, they have received numerous multi-platinum certifications in the United States and Latin America and several prestigious awards, including a GRAMMY and two Latin GRAMMYs, as well as ten Billboard Latin Airplay chart-toppers. On tour, Wisin & Yandel have proven to be a force like no other in the urban music world.

About Live Nation Las Vegas

Live Nation Entertainment (NYSE: LYV) is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Sponsorship. Live Nation Las Vegas produces residency shows from Usher, Lady Gaga, Aerosmith and Bruno Mars at Dolby Live at Park MGM; Santana at House of Blues; Keith Urban, Sting and Rod Stewart at The Colosseum at Caesars Palace; Anita Baker, FOREIGNER, STYX and Chicago at The Venetian Theatre at The Venetian Resort Las Vegas; and The Doobie Brothers, John Legend, Shania Twain and Scorpions at Zappos Theater at Planet Hollywood Resort & Casino. Live Nation Las Vegas also brings other world-famous artists to many of the city's other premier concert venues including Allegiant Stadium, T-Mobile Arena, MGM Grand Garden Arena, Michelob ULTRA Arena, Downtown Las Vegas Events Center and more. For additional information, visit www.livenationentertainment.com. Find Live Nation Las Vegas on Facebook, Instagram and follow us on Twitter.

About MGM Grand Garden Arena

The MGM Grand Garden Arena is home to concerts, championship boxing and premier sporting and special events. The Arena offers comfortable seating for as many as 16,800 with excellent sightlines and state-of-the-art acoustics, lighting and sound. Prominent events to date have included world championship fights between Evander Holyfield and Mike Tyson as well as Floyd Mayweather vs. Canelo Alvarez as well as Floyd Mayweather vs. Manny Pacquiao; and concerts by The Rolling Stones, Madonna, Elton John, Bruce Springsteen, Paul McCartney, Bette Midler, George Strait, Justin Timberlake, Beyonce, U2, Lady Gaga, Bruno Mars, Coldplay, Alicia Keys, Jimmy Buffett and the Barbra Streisand Millennium Concert. The MGM Grand Garden Arena also has been home to annual events including the Academy of Country Music Awards, the Billboard Music Awards, the Latin GRAMMY Awards, iHeartRadio Music Festival, Pac-12 Men's Basketball Championship and Frozen Fury NHL pre-season games hosted by the Los Angeles Kings.

FOR MORE INFORMATION:

Live Nation:

Kelly Frey

KF Publicity

kelly@kfpublicity.com

MGM Grand Garden Arena:

Katharine Sherrer

MGM Resorts International

ksherrer@mgmresorts.com

(C) 2022 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
LIVE NATION ENTERTAINMENT, INC. -1.58% 97.48 Delayed Quote.-18.56%
MGM RESORTS INTERNATIONAL -3.21% 35.01 Delayed Quote.-21.99%
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Financials (USD)
Sales 2022 14 754 M - -
Net income 2022 217 M - -
Net Debt 2022 716 M - -
P/E ratio 2022 146x
Yield 2022 -
Capitalization 21 906 M 21 906 M -
EV / Sales 2022 1,53x
EV / Sales 2023 1,37x
Nbr of Employees 10 200
Free-Float 67,3%
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 97,48 $
Average target price 121,87 $
Spread / Average Target 25,0%
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Managers and Directors
Michael Rapino President & Chief Executive Officer
Joe Berchtold Co-President & Chief Financial Officer
Jordan Zachary Co-President
Gregory Ben Maffei Non-Executive Chairman
Jacqueline Beato Chief Operating Officer-Concerts
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