Entertainment giant Live Nation posted it's third quarter scorecard this week. The worlds biggest entertainment company posted a 35.7% rise in revenues but this was overshadowed by a rise in operation and depreciation meaning that they lost $8.46m compared with being $26m up this time last year.

The company did announce that it is planning to sell off some not key smaller US operations. Also savings expected to be made from conslidating the companies process regarding the acquisition of the House Of Blues. Aim to put the company back on track.

They own every venue from here to Honolulu so I won't start dumping my stock just yet.