Live Nation Entertainment
Live Nation Entertainment (LYV -0.86%) is the world's top live entertainment company. It operates three businesses: Ticketmaster (which competes against SeatGeek), Live Nation Concerts, and Live Nation Media and Sponsorship.
Live Nation makes 82% of its revenue from concerts, 13% from ticketing, and 5% from sponsorship and advertising. The company generated $23.2 billion in revenue in 2024 (up 2%) and almost $2.2 billion in adjusted operating income (a 14% increase).
Vivid Seats
Vivid Seats (SEAT +3.01%) accomplished what SeatGeek attempted in 2021 by going public via a SPAC deal. The company closed its business combination with Horizon Acquisition Corporation in October 2021 in a deal valuing the ticketing company at almost $2 billion.
Vivid Seats generated $775.6 million in revenue in 2024 (up 9%) and was profitable ($14.3 million of net income, though that was down 87% from 2023). The company has expanded its market opportunity through acquisitions in 2023, including Vegas.com and Wavedash.
Madison Square Garden Sports
Madison Square Garden Sports (MSGS +0.49%) owns two professional sports teams (the New York Knicks and the New York Rangers), two development league teams (Westchester Knicks and Hartford Wolf Pack), and a state-of-the-art performance training center (Madison Square Garden Training Center).
Through the first nine months of its 2025 fiscal year, Madison Square Garden Sports generated more than $835 million in revenue and almost $100 million in operating income. Investors who want to invest in one of these SeatGeek alternatives can buy shares in any brokerage account. Here's a step-by-step guide on how to invest in stocks.
- Open your brokerage app: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
