Live Nation Entertainment, Inc. (NYSE: LYV) is the world’s largest live entertainment company and owns the ticketing giant Ticketmaster. On April 15, 2026, a federal jury in Manhattan found that Live Nation and Ticketmaster illegally maintained monopoly power over the primary ticketing market for major concert venues and the large amphitheater market. The verdict came […]
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Tag Archives: current liability
How would Yeti account for the contingent liability arising from a recall of its soft coolers and gear cases?
March 19, 2023 
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Yeti is recalling nearly two million soft coolers and gear cases, including the Hopper M30 Soft Cooler 1.0 and 2.0, Hopper M20 Soft Backpack Cooler, and SideKick Dry Gear Case, due to a magnet ingestion hazard. The products, sold between March 2018 and January 2023, feature large internal pockets with powerful magnet closures that can […]
Continue readingWhen will Maroon 5 recognize revenue from its 2018 concerts at Madison Square Garden in New York City?
November 7, 2017 2 Comments
During 2018, the band Maroon 5 is touring across the U.S. on its “Red Pill Blues Tour 2018.” Two of those concerts, on October 14 and 15, will be held at Madison Square Garden in New York City. Madison Square Garden has a seating capacity for concerts of approximately 19,000. According to a Business Insider […]
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Accounting in the Headlines 