v3.24.0.1
CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Revenues $ 22,749,073 $ 16,681,254 $ 6,268,447
Operating expenses:      
Direct operating expenses 17,292,016 12,337,524 4,355,989
Selling, general and administrative expenses 3,557,167 2,955,884 1,754,822
Depreciation and amortization 516,797 449,976 416,277
Gain on disposal of operating assets (13,927) (32,082) (1,211)
Corporate expenses 330,817 237,834 160,428
Operating income (loss) 1,066,203 732,118 (417,858)
Interest expense 350,244 278,483 282,440
Loss on extinguishment of debt 18,504 0 0
Interest income (237,818) (77,620) (6,625)
Equity in losses (earnings) of nonconsolidated affiliates 5,455 (10,571) (2,520)
Loss (gain) from sale of investments in nonconsolidated affiliates 341 (448) (83,578)
Other expense, net 34,933 36,827 3,692
Income (loss) before income taxes 894,544 505,447 (611,267)
Income tax expense (benefit) 160,227 96,254 (2,481)
Net income (loss) 734,317 409,193 (608,786)
Net income attributable to noncontrolling interests 171,037 113,207 42,118
Net income (loss) attributable to common stockholders of Live Nation $ 563,280 $ 295,986 $ (650,904)
Earnings Per Share, Basic $ 1.38 $ 0.66 $ (3.09)
Earnings Per Share, Diluted $ 1.37 $ 0.64 $ (3.09)
Weighted average common shares outstanding:      
Weighted average common shares—basic 228,628,390 224,809,558 217,190,862
Weighted average common shares—diluted 230,977,326 231,556,866 217,190,862
Reconciliation to net income (loss) available to common stockholders of Live Nation:      
Net income (loss) attributable to common stockholders of Live Nation $ 563,280 $ 295,986 $ (650,904)
Accretion of redeemable noncontrolling interests (247,438) (146,770) (19,771)
Net income (loss) available to common stockholders, basic and diluted, total $ 315,842 $ 149,216 $ (670,675)

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