What is the experience economy?

The experience economy refers to a shift in consumer spending where people increasingly value memorable events and experiences over physical goods. This includes live concerts, festivals, sporting events, and other shared entertainment experiences that create lasting memories. Companies in this sector provide the venues, ticketing, promotion, and infrastructure that make these events possible.

Why are live music stocks considered a good investment?

Live music stocks can be attractive because they benefit from several factors: consumers' willingness to spend on experiences regardless of economic conditions, multiple revenue streams (tickets, merchandise, concessions, sponsorships), and pricing power for in-demand events. Additionally, live performances cannot be digitized or replicated, giving these businesses some protection against digital disruption.

What are market capitalization and projected sales?

Market capitalization (Market Cap) is the total value of a company's outstanding shares, calculated by multiplying the share price by the number of shares. It indicates a company's size and value in the market. Projected Sales refers to analysts' estimates of a company's future revenue over a specific period, which helps investors understand its expected growth trajectory.

How do dividend yields affect investment decisions?

Dividend Yield shows how much a company pays in dividends each year relative to its share price, expressed as a percentage. For investors seeking regular income, stocks with higher dividend yields can be attractive. However, in growth-oriented sectors like the live experience economy, many companies reinvest profits into expansion rather than paying large dividends, potentially offering greater long-term capital appreciation instead.

How are these live entertainment companies connected?

The stocks in this group represent different parts of the live entertainment ecosystem. Some companies promote concerts and operate venues, others handle ticketing and distribution, while some manage music rights or artist representation. There are also technology platforms that help fans discover music and events. Together, they form the infrastructure that brings live experiences from artists to audiences.

15 handpicked stocks

Live Experience Economy

Ready to invest in the magic of live entertainment? This collection features carefully selected companies that transform artistic talent into unforgettable experiences. Professional analysts have identified these stocks as key players in the booming live music and event industry.

Han Tan | Market Analyst

Updated 2 days ago | Published at juin 18