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, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenue $ 3,127,390 $ 1,802,808
Operating expenses:    
Direct operating expenses 2,115,589 1,071,022
Selling, general and administrative expenses 690,321 570,182
Depreciation and amortization 115,185 100,469
Loss on disposal of operating assets (504) (1,665)
Corporate expenses 63,015 32,410
Operating income 142,776 27,060
Interest expense 89,215 66,773
Loss on extinguishment of debt 18,366 0
Interest income (40,313) (7,564)
Equity in earnings of nonconsolidated affiliates (4,107) (4,288)
Other expense, net 11,583 9,399
Income (loss) before income taxes 68,032 (37,260)
Income tax expense 23,840 11,696
Net income (loss) 44,192 (48,956)
Net income attributable to noncontrolling interests 47,361 1,226
Net loss attributable to common stockholders of Live Nation $ (3,169) $ (50,182)
Basic net loss per common share available to common stockholders of Live Nation $ (0.25) $ (0.39)
Diluted net loss per common share available to common stockholders of Live Nation $ (0.25) $ (0.39)
Weighted average common shares outstanding:    
Weighted Average Number of Shares Outstanding, Basic 228,162,831 221,890,625
Reconciliation to net income (loss) available to common stockholders of Live Nation:    
Net loss attributable to common stockholders of Live Nation $ (3,169) $ (50,182)
Accretion of redeemable noncontrolling interests (54,933) (35,714)
Net loss available to common stockholders of Live Nation—basic and diluted $ (58,102) $ (85,896)