Taylor Swift Fans Shake It Off Too Hard And Cause Minor Earthquake During Concert
Portfolio Pulse from Chris Katje
Taylor Swift's recent concerts at Lumen Field in Seattle, Washington, reportedly caused a minor earthquake, dubbed a 'Swift Quake', due to the large crowd noise and possibly sounds from the concert like bass and subwoofers. The high demand for Swift's concert tickets has been beneficial for Live Nation Entertainment (NYSE:LYV), Ticketmaster's parent company, which saw an increase in tickets sold and revenue in its recent quarter report.
July 31, 2023 | 6:37 pm
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POSITIVE IMPACT
The high demand for Taylor Swift's concerts has led to increased ticket sales and revenue for Live Nation Entertainment.
The news directly mentions that the high demand for Taylor Swift's concerts has led to an increase in tickets sold and revenue for Live Nation Entertainment. This is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80