The week of August 18–22, 2025, brought mixed results for live music-focused stocks. While most U.S.-listed companies in the sector benefited from the markets’ cautious optimism, Europe’s CTS Eventim was an outlier, declining after a mixed earnings report.
The contrast was striking. Most U.S.listed live music stocks outperformed markets last week including the S&P 500. VENU and MSGE strood out delivering standout double-digit and high-single-digit gains. But CTS Eventim dragged down the international side with a sharp correction.
Live Music Stocks Outperformed Markets Last Week
Stock Highlights
- Live Nation (LYV): Closed the week at $165.72, up 2.2%. A steady if unspectacular climb.
- Madison Square Garden Entertainment (MSGE): Jumped 7.1% to $39.33, making it one of the week’s stronger performers.
- Sphere Entertainment (SPHR): Ended at $42.46, gaining 1.3% for the week.
- Venu Holding (VENU): Delivered the standout U.S. performance, surging 10.3% to $17.93.
- CTS Eventim (EVD.DE): The lone laggard, dropping 18.3% to €81.20 amid post-earnings volatility.
Weekly Snapshot
| Ticker | 8/22 Close | Week Change (%) |
|---|---|---|
| LYV (Live Nation) | $165.72 | +2.22% |
| MSGE (Madison Square Garden Entertainment) | $39.33 | +7.14% |
| SPHR (Sphere Entertainment) | $42.46 | +1.31% |
| VENU (Venu Holding Corp.) | $17.93 | +10.34% |
| EVD.DE (CTS Eventim, Frankfurt) | €81.20 | –18.27% |
Market Context
The broader stock market closed mixed for the week:
- S&P 500: +0.3%
- Dow Jones Industrial Average: +1.5%
- Nasdaq Composite: –0.6%
Find the latest Music Business News under BUSINESS NEWS & Live Music Industry News under LIVE INDUSTRY NEWS tabs above.
Bruce Houghton is Founder & Editor of Hypebot, Senior Advisor at Bandsintown, a Berklee College Of Music professor and founder of Skyline Artists.
