VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

Live Nation Entertainment, Inc. vs Reddit, Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Live Nation Entertainment, Inc.

LYV · New York Stock Exchange

Market cap (USD)$38.9B
Gross margin (TTM)44.7%
Operating margin (TTM)5.5%
Net margin (TTM)0.3%
SectorCommunication Services
IndustryEntertainment
CountryUS
Data as of2026-01-04
Moat score
84/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Live Nation Entertainment, Inc.'s moat claims, evidence, and risks.

View LYV analysis

Reddit, Inc.

RDDT · New York Stock Exchange

Market cap (USD)$29.7B
Gross margin (TTM)91.4%
Operating margin (TTM)25.1%
Net margin (TTM)28.6%
SectorCommunication Services
IndustryInternet Content & Information
CountryUS
Data as of2026-05-01
Moat score
67/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Reddit, Inc.'s moat claims, evidence, and risks.

View RDDT analysis

Comparison highlights

  • Moat score gap: Live Nation Entertainment, Inc. leads (84 / 100 vs 67 / 100 for Reddit, Inc.).
  • Segment focus: Live Nation Entertainment, Inc. has 3 segments (82.2% in Concerts); Reddit, Inc. has 2 segments (93.6% in Advertising).
  • Moat breadth: Live Nation Entertainment, Inc. has 6 moat types across 3 domains; Reddit, Inc. has 5 across 3.

Primary market context

Live Nation Entertainment, Inc.

Concerts

Market

Live music concert promotion, festival production, and music venue operations

Geography

Global

Customer

Artists/agents (supply) and fans (end-users); venues and festivals; corporate partners

Role

Promoter + venue operator

Revenue share

82.2%

Reddit, Inc.

Advertising

Market

U.S. social media and community-platform digital advertising

Geography

United States-led, with global Reddit ad inventory and international expansion

Customer

Brands, agencies, performance advertisers, and small and midsize businesses

Role

Owned media platform, ad inventory publisher, contextual data owner, and self-serve/managed ad platform

Revenue share

93.6%

Side-by-side metrics

Live Nation Entertainment, Inc.
Reddit, Inc.
Ticker / Exchange
LYV - New York Stock Exchange
RDDT - New York Stock Exchange
Market cap (USD)
$38.9B
$29.7B
Gross margin (TTM)
44.7%
91.4%
Operating margin (TTM)
5.5%
25.1%
Net margin (TTM)
0.3%
28.6%
Sector
Communication Services
Communication Services
Industry
Entertainment
Internet Content & Information
HQ country
US
US
Primary segment
Concerts
Advertising
Market structure
Oligopoly
Oligopoly
Market share
55%-65% (reported)
1.2%-1.5% (implied)
HHI estimate
3,600
n/a
Pricing power
Moderate
Moderate
Moat score
84 / 100
67 / 100
Moat domains
Supply, Demand, Network
Network, Demand, Legal
Last update
2026-01-04
2026-05-01

Moat coverage

Shared moat types

Long Term ContractsTwo Sided Network

Live Nation Entertainment, Inc. strengths

Physical Network DensityService Field NetworkData Workflow LockinScope Economies

Reddit, Inc. strengths

Reputation ReviewsData Network EffectsContent Rights Currency

Segment mix

Live Nation Entertainment, Inc. segments

Full profile >

Concerts

Oligopoly

82.2%

Ticketing

Quasi-Monopoly

12.9%

Sponsorship & Advertising

Competitive

5.2%

Reddit, Inc. segments

Full profile >

Advertising

Oligopoly

93.6%

Content Licensing and User Products

Competitive

6.4%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

View expansion-stage stocks

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.