Ticketmaster stock

IAC, whose board has approved the breakup plan, said it plans to divide itself into IAC, a Web- and advertising-focused business that includes Ask.com and Match.com; HSN, a retailing company that includes the HSN home-shopping channel; Ticketmaster, the concert-ticket vendor; Interval International, a resort-booking company; and LendingTree, an online lender.

Next year we can buy stock in the surcharge rapist. Yay!

Too bad LiveNation is taking it's ticketing business in-house next year. That's about a 15% drop in revenue for Ticketmaster. It's always good to break off the dogs from the still profitable business lines.

so pull a buffet: investors will panick, stock will drop, you scoop it up at basement price. it's not as if ticketmaster is short of saps willing to pay their ridiculous surcharges. i should know, i'm one of them. fewer shows to sell = higher surcharges, and/or TM finds new and innovative ways of racking in more of the take on show night.

a tad more info on the split: http://blog.wired.com/business/2007/11/iac-to-split-in.html

maybe TM will expand into restaurant and doctor or dental reservations.

i do regret missing out on the LiveNation spin-off, in december right before Xmas?? 11->18 quick.

you guys have an opinion on LiveNation? vertically integrated and tough to value with the mish mash of businesses.

you're turning to this board for investment advice? really? if that's the case, my friend mankie might have some land in florida to sell you…

Originally posted by sweetcell:
you're turning to this board for investment advice?

I come for the religious, medical, and romantic advice. I stay for the financial and musical advice.

you're the one who cited pulling a buffet. so i figured you knew something to back it up. i asked for an opinion on LiveNation. if you can't, you can't. don't overgeneralize what i was asking for.

Originally posted by sweetcell:
you're turning to this board for investment advice? really? if that's the case, my friend mankie might have some land in florida to sell you…

Originally posted by 930clubber:
you guys have an opinion on LiveNation?

I'd rather invest in tobacco or companies that do business in Iran or Darfur…

Originally posted by 930clubber:
you're the one who cited pulling a buffet. so i figured you knew something to back it up. i asked for an opinion on LiveNation. if you can't, you can't. don't overgeneralize what i was asking for.

how is pointing out the fact that you're asking for investment advice on a snobby music board an over-generalization? :p just making a wise-crack, FYI. nothing serious, or personal.

if you wanna talk valuation of LN, let's take it somewhere else (PM, an investment chat board, etc). i prefer boring boardees with lame attempts at music-related humor and inane pop-culture observations. talk of P/E and corporate strategy comparisons might ruin my carefully cultivated image of an under-informed douche-bag.

sweetcell, sorry for blowing your cover, we'll continue this discussion at math team practice after school. ;)

Originally posted by vansmack:

Originally posted by 930clubber:
you guys have an opinion on LiveNation?

I'd rather invest in tobacco or companies that do business in Iran or Darfur…

daggone

I tried to come up with a witty, biting response to that question but echoing this one is easier.

Originally posted by vansmack:

Originally posted by 930clubber:
you guys have an opinion on LiveNation?

I'd rather invest in tobacco or companies that do business in Iran or Darfur…