Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Revenue $ 1,802,808 $ 290,609
Operating expenses:    
Direct operating expenses 1,071,022 133,966
Selling, general and administrative expenses 570,182 322,853
Depreciation and amortization 100,469 108,876
Loss (gain) on disposal of operating assets 1,665 138
Corporate expenses 32,410 27,948
Operating income (loss) 27,060 (303,172)
Interest expense 66,773 70,830
Interest income (7,564) (1,149)
Equity in earnings of nonconsolidated affiliates (4,288) (581)
Gain (Loss) on Investments (132) 55,933
Other expense (income), net 9,267 (6)
Loss before income taxes (37,260) (316,333)
Income tax expense 11,696 6,389
Net loss (48,956) (322,722)
Net income (loss) attributable to noncontrolling interests 1,226 (15,529)
Net loss attributable to common stockholders of Live Nation $ (50,182) $ (307,193)
Basic net loss per common share available to common stockholders of Live Nation $ (0.39) $ (1.44)
Diluted net loss per common share available to common stockholders of Live Nation $ (0.39) $ (1.44)
Weighted average common shares outstanding:    
Weighted Average Number of Shares Outstanding, Basic 221,890,625 214,531,958
Weighted Average Number of Shares Outstanding, Diluted 221,890,625 214,531,958
Reconciliation to net income (loss) available to common stockholders of Live Nation:    
Net loss attributable to common stockholders of Live Nation $ (50,182) $ (307,193)
Accretion of redeemable noncontrolling interests (35,714) (916)
Basic and diluted net loss available to common stockholders of Live Nation $ (85,896) $ (308,109)