Live Nation above first quarter revenue estimates – 05/03/2024 at 2:50 p.m.


(AOF) – Live Nation, the parent company of Ticketmaster, reported a loss per share of 53 cents against a consensus of 18 cents per share for the first quarter. Its revenues came out above consensus, supported by demand for concerts. The turnover is thus up 21% to 3.80 billion dollars against a consensus of 3.26 billion dollars. The total number of events increased by around 13% compared to the previous year, reaching 11,203.

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Artificial intelligence, threat or opportunity for professional and specialized press publishers?

After having fought for the tech giants to pay them for related rights, press publishers are worried about the use of their data for the benefit of artificial intelligence (AI). Generative AI feeds on information it finds on the internet, including that from the media. The latter can, however, prevent the use of their data by an AI thanks to the 2019 European directive and its translation into French law, which governs the search for texts and data. However, this remains theoretical. In the meantime, certain specialized players in the publishing world are working to reassure investors after the loss of value on the stock market of certain companies. Thus professional information specialists, or publishers of academic publications, such as RELX, Pearson or Wolters Kluwer are multiplying reassuring messages and presenting AI more as an opportunity than a threat by emphasizing that they themselves use AI. ‘AI. Analysts generally remain confident in these specialized publishing players because their strong asset is based on the reliability of the information they transmit, which is still far from being the case for AI. For now…



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