Live Nation Entertainment Quarterly report pursuant to Section 13 or 15(d)

SEGMENT DATA Segment Data (Tables)

3 Months Ended

Mar. 31, 2020

The following table presents the results of operations for our reportable segments for the three months ended March 31, 2020 and 2019:


	Concerts		Ticketing		Sponsorship & Advertising		Other		Corporate		Eliminations		Consolidated



















Three Months Ended March 31, 2020
Revenue	$	993,393	$	284,277	$	90,261	$	796	$	—	$	(3,034)	$	1,365,693
Direct operating expenses	750,905		104,413		21,536		—		—		(3,034)		873,820
Selling, general and administrative expenses	331,276		157,546		22,987		2,212		—		—		514,021
Depreciation and amortization	72,216		38,176		7,512		53		4,123		—		122,080
Loss on disposal of operating assets	127		2		—		1		—		—		130
Corporate expenses	—		—		—		—		28,312		—		28,312
Operating income (loss)	$	(161,131)	$	(15,860)	$	38,226	$	(1,470)	$	(32,435)	$	—	$	(172,670)
Intersegment revenue	$	1,233	$	1,801	$	—	$	—	$	—	$	(3,034)	$	—
Capital expenditures	$	48,871	$	22,167	$	1,292	$	—	$	3,442	$	—	$	75,772
Three Months Ended March 31, 2019
Revenue	$	1,318,117	$	337,642	$	75,078	$	791	$	—	$	(3,800)	$	1,727,828
Direct operating expenses	1,030,269		111,749		13,386		—		—		(3,800)		1,151,604
Selling, general and administrative expenses	295,765		145,890		22,437		774		—		—		464,866
Depreciation and amortization	51,361		37,390		7,074		121		2,966		—		98,912
Gain on disposal of operating assets	(145)		(2)		—		—		—		—		(147)
Corporate expenses	—		—		—		—		36,456		—		36,456
Operating income (loss)	$	(59,133)	$	42,615	$	32,181	$	(104)	$	(39,422)	$	—	$	(23,863)
Intersegment revenue	$	809	$	2,991	$	—	$	—	$	—	$	(3,800)	$	—
Capital expenditures	$	33,593	$	23,655	$	1,185	$	—	$	4,333	$	—	$	62,766