REVENUE RECOGNITION Revenue Recognition (Tables)
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9 Months Ended |
Sep. 30, 2020 |
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| Revenue from Contract with Customer [Abstract] |
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| Disaggregation of Concerts Revenue |
Concerts revenue, including intersegment revenue, for the three and nine months ended September 30, 2020 and 2019 are as follows:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2020 |
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2019 |
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2020 |
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2019 |
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(in thousands) |
| Total Concerts Revenue |
$ |
154,791 |
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$ |
3,173,843 |
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$ |
1,290,007 |
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$ |
7,131,491 |
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| Percentage of consolidated revenue |
84.1 |
% |
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84.1 |
% |
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79.4 |
% |
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82.4 |
% |
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| Disaggregation of Ticketing Revenue |
Ticketing revenue, including intersegment revenue, for the three and nine months ended September 30, 2020 and 2019 are as follows:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2020 |
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2019 |
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2020 |
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2019 |
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(in thousands) |
| Total Ticketing Revenue |
$ |
(19,822) |
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$ |
388,458 |
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$ |
177,436 |
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$ |
1,096,865 |
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| Percentage of consolidated revenue |
* |
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10.3 |
% |
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10.9 |
% |
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12.7 |
% |
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| Disaggregation of Sponsorship & Advertising Revenue |
Sponsorship & Advertising revenue, including intersegment revenue, for the three and nine months ended September 30, 2020 and 2019 are as follows:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2020 |
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2019 |
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2020 |
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2019 |
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(in thousands) |
| Total Sponsorship & Advertising Revenue |
$ |
47,927 |
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$ |
215,247 |
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$ |
156,560 |
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$ |
441,862 |
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| Percentage of consolidated revenue |
26.0 |
% |
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5.7 |
% |
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9.6 |
% |
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5.1 |
% |
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| Contract with Customer, Asset and Liability |
The table below summarizes the amount of current deferred revenue from December 31 recognized during the three and nine months ended September 30, 2020 and 2019:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2020 |
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2019 |
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2020 |
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2019 |
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(in thousands) |
| Concerts |
$ |
11,539 |
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$ |
260,907 |
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$ |
281,017 |
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$ |
1,093,890 |
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| Ticketing |
4,023 |
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11,538 |
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25,231 |
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59,284 |
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| Sponsorship & Advertising |
824 |
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2,436 |
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17,408 |
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19,188 |
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| Other & Corporate |
1,364 |
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562 |
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3,402 |
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2,730 |
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$ |
17,750 |
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$ |
275,443 |
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$ |
327,058 |
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$ |
1,175,092 |
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