(AOF) – Live Nation, Ticketmaster’s parent company, reported an adjusted quarterly loss of $1.25 per share for the quarter ended December, with analysts forecasting a loss of $1.04 per share. For the fourth quarter, turnover, an improvement of 36%, amounted to 5.84 billion dollars, compared to a consensus of 4.79 billion dollars. Ticket sales amounted to 169.4 million euros compared to 155.4 million euros in the previous quarter.
Live Nation management expects its growth in 2024 to be more focused on the second and third quarters.
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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…