REVENUE RECOGNITION Revenue Recognition (Tables)
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6 Months Ended |
Jun. 30, 2021 |
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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 six months ended June 30, 2021 and 2020 are as follows:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2021 |
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2020 |
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2021 |
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2020 |
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(in thousands) |
| Total Concerts Revenue |
$ |
286,958 |
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$ |
141,823 |
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$ |
526,374 |
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$ |
1,135,216 |
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| Percentage of consolidated revenue |
49.8 |
% |
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* |
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60.7 |
% |
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78.8 |
% |
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| Disaggregation of Ticketing Revenue |
Ticketing revenue, including intersegment revenue, for the three and six months ended June 30, 2021 and 2020 are as follows:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2021 |
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2020 |
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2021 |
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2020 |
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(in thousands) |
| Total Ticketing Revenue |
$ |
244,001 |
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$ |
(87,019) |
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$ |
272,323 |
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$ |
197,258 |
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| Percentage of consolidated revenue |
42.4 |
% |
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* |
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31.4 |
% |
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13.7 |
% |
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| Disaggregation of Sponsorship & Advertising Revenue |
Sponsorship & Advertising revenue, including intersegment revenue, for the three and six months ended June 30, 2021 and 2020 are as follows:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2021 |
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2020 |
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2021 |
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2020 |
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(in thousands) |
| Total Sponsorship & Advertising Revenue |
$ |
44,561 |
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$ |
18,372 |
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$ |
67,208 |
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$ |
108,633 |
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| Percentage of consolidated revenue |
7.7 |
% |
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24.8 |
% |
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7.8 |
% |
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7.5 |
% |
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| Contract with Customer, Asset and Liability |
The table below summarizes the amount of the preceding December 31 current deferred revenue recognized during the three and six months ended June 30, 2021 and 2020:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2021 |
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2020 |
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2021 |
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2020 |
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(in thousands) |
| Concerts |
$ |
14,471 |
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$ |
11,329 |
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$ |
52,295 |
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$ |
269,359 |
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| Ticketing |
3,370 |
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4,242 |
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7,791 |
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21,196 |
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| Sponsorship & Advertising |
9,050 |
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3,094 |
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14,633 |
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16,584 |
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| Other & Corporate |
— |
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562 |
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— |
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2,038 |
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$ |
26,891 |
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$ |
19,227 |
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$ |
74,719 |
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$ |
309,177 |
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