Annual report pursuant to Section 13 and 15(d)

SEGMENTS AND REVENUE RECOGNITION Segment Results Of Operations (Details)

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SEGMENTS AND REVENUE RECOGNITION Segment Results Of Operations (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]            
Revenues $ 5,628,514 $ 3,124,559 $ 8,753,073 $ 23,155,625 $ 22,726,317 [1] $ 16,681,254
Other Segment Items       21,009,727 20,845,198 15,284,159
AOI (1)       2,145,898 1,881,119 [2] 1,397,095 [2]
Capital expenditures       637,631 468,751 376,918
Revision of Prior Period, Error Correction, Adjustment            
Segment Reporting Information [Line Items]            
Revenues $ (2,209) $ (2,831)     (22,756)  
AOI (1)         18,700 (10,100)
Concerts [Member] | Revision of Prior Period, Error Correction, Adjustment            
Segment Reporting Information [Line Items]            
Revenues         22,800  
AOI (1)         5,100 5,100
Ticketing | Revision of Prior Period, Error Correction, Adjustment            
Segment Reporting Information [Line Items]            
AOI (1)         23,800 15,200
Operating Segments [Member] | Concerts [Member]            
Segment Reporting Information [Line Items]            
Revenues       $ 19,024,302 $ 18,740,913 [1] $ 13,494,100
Percentage Of Segment Revenue To Total Revenue       82.20% 82.50% 80.90%
Other Segment Items       $ 18,494,554 $ 18,420,516 $ 13,319,260
AOI (1)       529,748 320,397 [3] 174,840 [3]
Capital expenditures       491,691 346,392 277,133
Operating Segments [Member] | Ticketing            
Segment Reporting Information [Line Items]            
Revenues       $ 2,988,685 $ 2,959,477 $ 2,238,618
Percentage Of Segment Revenue To Total Revenue       12.90% 13.00% 13.40%
Other Segment Items       $ 1,865,097 $ 1,819,344 $ 1,425,904
AOI (1)       1,123,588 1,140,133 [3] 812,714 [3]
Capital expenditures       87,925 68,991 70,739
Operating Segments [Member] | Sponsorship and Advertising [Member]            
Segment Reporting Information [Line Items]            
Revenues       $ 1,195,019 $ 1,095,217 $ 968,146
Percentage Of Segment Revenue To Total Revenue       5.20% 4.80% 5.80%
Other Segment Items       $ 431,242 $ 420,080 $ 376,174
AOI (1)       763,777 675,137 591,972
Capital expenditures       24,507 18,250 19,383
Operating Segments [Member] | Corporate            
Segment Reporting Information [Line Items]            
Revenues       0 0 0
Other Segment Items       242,955 214,974 167,882
AOI (1)       (242,955) (214,974) (167,882)
Capital expenditures       33,508 35,118 9,680
Intersegment Eliminations [Member]            
Segment Reporting Information [Line Items]            
Revenues       (52,381) (69,290) (21,464)
Intersegment Eliminations [Member] | Concerts [Member]            
Segment Reporting Information [Line Items]            
Revenues       29,633 17,773 12,821
Intersegment Eliminations [Member] | Ticketing            
Segment Reporting Information [Line Items]            
Revenues       22,220 51,517 8,643
Intersegment Eliminations [Member] | Sponsorship and Advertising [Member]            
Segment Reporting Information [Line Items]            
Revenues       528 0 0
Intersegment Eliminations [Member] | Other & Eliminations            
Segment Reporting Information [Line Items]            
Revenues       $ (52,381) $ (69,290) $ (19,610)
Percentage Of Segment Revenue To Total Revenue       (0.30%) (0.30%) (0.10%)
Other Segment Items       $ (24,121) $ (29,716) $ (5,061)
AOI (1)       (28,260) (39,574) (14,549)
Capital expenditures       0 0 (17)
Intersegment Eliminations [Member] | Corporate            
Segment Reporting Information [Line Items]            
Revenues       $ 0 $ 0 $ 0
[1]
Prior period revenue was revised as further discussed in Note 2 – Correction of Errors in Previously Reported Consolidated Financial Statements. For the year ended December 31, 2023, the revision decreased our Concerts segment revenue by $22.8 million.
[2] For the years ended December 31, 2023 and December 31, 2022, the revision increased our AOI and operating income by $18.7 million for 2023 and decreased our AOI and operating income by $10.1 million for 2022, respectively. See further discussion in Note 2 – Correction of Errors in Previously Reported Consolidated Financial Statements.
[3]
Prior period AOI was revised as further discussed in Note 2 – Correction of Errors in Previously Reported Consolidated Financial Statements. For the years ended December 31, 2023 and December 31, 2022, the revision decreased our Concerts segment AOI by $5.1 million and increased AOI by $5.1 million, respectively. For the years ended December 31, 2023 and December 31, 2022, the revision increased our Ticketing segment AOI by $23.8 million and decreased AOI by $15.2 million, respectively.