Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION Revenue Recognition (Tables)

v3.20.2
REVENUE RECOGNITION Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Concerts Revenue
Concerts revenue, including intersegment revenue, for the three and six months ended June 30, 2020 and 2019 are as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2020 2019 2020 2019
(in thousands)
Total Concert Revenue $ 141,823    $ 2,639,531    $ 1,135,216    $ 3,957,648   
Percentage of consolidated revenue * 83.6  % 78.8  % 81.0  %
Disaggregation of Ticketing Revenue
Ticketing revenue, including intersegment revenue, for the three and six months ended June 30, 2020 and 2019 are as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2020 2019 2020 2019
(in thousands)
Total Ticketing Revenue $ (87,019)   $ 370,765    $ 197,258    $ 708,407   
Percentage of consolidated revenue * 11.7  % 13.7  % 14.5  %
Disaggregation of Sponsorship & Advertising Revenue
Sponsorship & Advertising revenue, including intersegment revenue, for the three and six months ended June 30, 2020 and 2019 are as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2020 2019 2020 2019
(in thousands)
Total Sponsorship & Advertising Revenue $ 18,372    $ 151,537    $ 108,633    $ 226,615   
Percentage of consolidated revenue 24.8  % 4.8  % 7.5  % 4.6  %
Contract with Customer, Asset and Liability The table below summarizes the amount of current deferred revenue from December 31 recognized during the three and six months ended June 30, 2020 and 2019:
Three Months Ended
June 30,
Six Months Ended
June 30,
2020 2019 2020 2019
(in thousands)
Concerts $ 11,329    $ 550,982    $ 269,359    $ 833,683   
Ticketing 4,242    28,088    21,196    47,486   
Sponsorship & Advertising 3,094    5,930    16,584    16,752   
Other & Corporate 562    562    2,038    2,168   
$ 19,227    $ 585,562    $ 309,177    $ 900,089