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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenue $ 2,698,722 $ 184,018 $ 3,565,277 $ 1,623,795
Operating expenses:        
Direct operating expenses 1,969,912 130,749 2,346,998 1,199,126
Selling, general and administrative expenses 446,929 405,934 1,098,676 1,243,307
Depreciation and amortization 101,235 119,938 313,758 364,785
Loss (gain) on disposal of operating assets (1,148) 208 (1,038) 897
Corporate expenses 44,649 31,630 100,195 80,858
Operating income (loss) 137,145 (504,441) (293,312) (1,265,178)
Interest expense 70,407 66,093 210,146 162,781
Interest income (1,333) (2,810) (3,953) (9,712)
Equity in losses (earnings) of nonconsolidated affiliates (7,025) 2,615 (4,608) 6,656
Gain from sale of investments in nonconsolidated affiliates 30,633 2,514 83,580 2,479
Other expense (income), net 12,441 (8,463) 19,903 (9,043)
Income (loss) before income taxes 93,288 (559,362) (431,220) (1,413,381)
Income tax expense (benefit) 6,421 (16,904) 15,095 (49,417)
Net income (loss) 86,867 (542,458) (446,315) (1,363,964)
Net income (loss) attributable to noncontrolling interests 39,989 (13,556) 9,665 (82,761)
Net income (loss) attributable to common stockholders of Live Nation $ 46,878 $ (528,902) $ (455,980) $ (1,281,203)
Basic net income (loss) per common share available to common stockholders of Live Nation $ 0.20 $ (2.45) $ (2.13) $ (6.08)
Diluted net income (loss) per common share available to common stockholders of Live Nation $ 0.19 $ (2.45) $ (2.13) $ (6.08)
Weighted average common shares outstanding:        
Basic 216,888,355 212,593,719 215,716,239 211,781,620
Diluted 223,800,400 212,593,719 215,716,239 211,781,620
Reconciliation to net income (loss) available to common stockholders of Live Nation:        
Net income (loss) attributable to common stockholders of Live Nation $ 46,878 $ (528,902) $ (455,980) $ (1,281,203)
Accretion of redeemable noncontrolling interests (4,245) 6,990 (4,210) (5,955)
Basic and diluted net income (loss) available to common stockholders of Live Nation $ 42,633 $ (521,912) $ (460,190) $ (1,287,158)

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