Quarterly report pursuant to Section 13 or 15(d)

SEGMENT DATA (Tables)

v2.4.0.6
SEGMENT DATA (Tables)
 6 Months Ended
Jun. 30, 2012
SEGMENT DATA [Abstract]  
Results of operations related to reportable segments of the entity
The following table presents the results of operations for the Company's reportable segments for the three and six months ending June 30, 2012 and 2011:

 
 
 
 
 
 
 
Artist
 
 
Sponsorship
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Concerts
 
 
Ticketing
 
 
Nation
 
 
& Advertising
 
 
Other
 
 
Corporate
 
 
Eliminations
 
 
Consolidated
 
 
(in thousands)
 
Three Months Ended June 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
1,076,024
 
 
$
313,068
 
 
$
109,241
 
 
$
61,278
 
 
$
422
 
 
$
-
 
 
$
(9,356
 )
 
$
1,550,677
 
Direct operating expenses
 
 
896,083
 
 
 
138,496
 
 
 
73,371
 
 
 
9,337
 
 
 
(1,908
 )
 
 
-
 
 
 
(8,510
 )
 
 
1,106,869
 
Selling, general and administrative expenses
 
 
145,067
 
 
 
104,673
 
 
 
21,306
 
 
 
9,192
 
 
 
705
 
 
 
-
 
 
 
-
 
 
 
280,943
 
Depreciation and amortization
 
 
44,134
 
 
 
38,803
 
 
 
11,456
 
 
 
(18
 )
 
 
11
 
 
 
719
 
 
 
(846
 )
 
 
94,259
 
Loss (gain) on sale of operating assets
 
 
1
 
 
 
(65
 )
 
 
-
 
 
 
-
 
 
 
157
 
 
 
-
 
 
 
-
 
 
 
93
 
Corporate expenses
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
27,415
 
 
 
-
 
 
 
27,415
 
Acquisition transaction expenses
 
 
(2,219
 )
 
 
(315
 )
 
 
351
 
 
 
-
 
 
 
-
 
 
 
313
 
 
 
-
 
 
 
(1,870
 )
Operating income (loss)
 
$
(7,042
 )
 
$
31,476
 
 
$
2,757
 
 
$
42,767
 
 
$
1,457
 
 
$
(28,447
 )
 
$
-
 
 
$
42,968
 
Intersegment revenue
 
$
5,686
 
 
$
1,814
 
 
$
1,856
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
(9,356
 )
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
1,082,229
 
 
$
307,830
 
 
$
118,430
 
 
$
62,994
 
 
$
807
 
 
$
1
 
 
$
(13,409
 )
 
$
1,558,882
 
Direct operating expenses
 
 
921,480
 
 
 
140,409
 
 
 
81,386
 
 
 
9,793
 
 
 
-
 
 
 
(1,713
 )
 
 
(13,204
 )
 
 
1,138,151
 
Selling, general and administrative expenses
 
 
142,315
 
 
 
93,254
 
 
 
21,609
 
 
 
9,114
 
 
 
503
 
 
 
-
 
 
 
-
 
 
 
266,795
 
Depreciation and amortization
 
 
28,302
 
 
 
35,153
 
 
 
13,131
 
 
 
89
 
 
 
13
 
 
 
444
 
 
 
(205
 )
 
 
76,927
 
Loss (gain) on sale of operating assets
 
 
(678
 )
 
 
(76
 )
 
 
-
 
 
 
-
 
 
 
94
 
 
 
-
 
 
 
-
 
 
 
(660
 )
Corporate expenses
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
24,590
 
 
 
-
 
 
 
24,590
 
Acquisition transaction expenses
 
 
(1,261
 )
 
 
682
 
 
 
(2,774
 )
 
 
-
 
 
 
-
 
 
 
4,059
 
 
 
-
 
 
 
706
 
Operating income (loss)
 
$
(7,929
 )
 
$
38,408
 
 
$
5,078
 
 
$
43,998
 
 
$
197
 
 
$
(27,379
 )
 
$
-
 
 
$
52,373
 
Intersegment revenue
 
$
7,351
 
 
$
340
 
 
$
5,718
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
(13,409
 )
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
1,524,723
 
 
$
639,612
 
 
$
170,646
 
 
$
97,406
 
 
$
1,198
 
 
$
-
 
 
$
(14,911
 )
 
$
2,418,674
 
Direct operating expenses
 
 
1,239,436
 
 
 
290,371
 
 
 
114,009
 
 
 
16,058
 
 
 
(423
 )
 
 
-
 
 
 
(13,868
 )
 
 
1,645,583
 
Selling, general and administrative expenses
 
 
276,685
 
 
 
208,001
 
 
 
45,394
 
 
 
17,981
 
 
 
1,017
 
 
 
-
 
 
 
-
 
 
 
549,078
 
Depreciation and amortization
 
 
72,496
 
 
 
77,969
 
 
 
23,068
 
 
 
21
 
 
 
23
 
 
 
1,438
 
 
 
(1,043
 )
 
 
173,972
 
Loss (gain) on sale of operating assets
 
 
(469
 )
 
 
(155
 )
 
 
-
 
 
 
-
 
 
 
429
 
 
 
-
 
 
 
-
 
 
 
(195
 )
Corporate expenses
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
50,632
 
 
 
-
 
 
 
50,632
 
Acquisition transaction expenses
 
 
(1,405
 )
 
 
(335
 )
 
 
401
 
 
 
-
 
 
 
-
 
 
 
778
 
 
 
-
 
 
 
(561
 )
Operating income (loss)
 
$
(62,020
 )
 
$
63,761
 
 
$
(12,226
 )
 
$
63,346
 
 
$
152
 
 
$
(52,848
 )
 
$
-
 
 
$
165
 
Intersegment revenue
 
$
9,167
 
 
$
2,696
 
 
$
3,048
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
(14,911
 )
 
$
-
 
Capital expenditures
 
$
11,458
 
 
$
42,422
 
 
$
414
 
 
$
3,433
 
 
$
4
 
 
$
983
 
 
$
-
 
 
$
58,714
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
1,531,499
 
 
$
625,339
 
 
$
172,566
 
 
$
96,065
 
 
$
1,606
 
 
$
333
 
 
$
(19,117
 )
 
$
2,408,291
 
Direct operating expenses
 
 
1,287,634
 
 
 
285,088
 
 
 
116,267
 
 
 
16,000
 
 
 
-
 
 
 
(1,002
 )
 
 
(18,712
 )
 
 
1,685,275
 
Selling, general and administrative expenses
 
 
268,616
 
 
 
183,446
 
 
 
68,915
 
 
 
17,727
 
 
 
1,060
 
 
 
-
 
 
 
-
 
 
 
539,764
 
Depreciation and amortization
 
 
54,715
 
 
 
72,405
 
 
 
26,612
 
 
 
188
 
 
 
27
 
 
 
866
 
 
 
(405
 )
 
 
154,408
 
Loss (gain) on sale of operating assets
 
 
(690
 )
 
 
(86
 )
 
 
1,241
 
 
 
-
 
 
 
170
 
 
 
-
 
 
 
-
 
 
 
635
 
Corporate expenses
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
45,626
 
 
 
-
 
 
 
45,626
 
Acquisition transaction expenses
 
 
(6,115
 )
 
 
951
 
 
 
(2,182
 )
 
 
-
 
 
 
-
 
 
 
9,717
 
 
 
-
 
 
 
2,371
 
Operating income (loss)
 
$
(72,661
 )
 
$
83,535
 
 
$
(38,287
 )
 
$
62,150
 
 
$
349
 
 
$
(54,874
 )
 
$
-
 
 
$
(19,788
 )
Intersegment revenue
 
$
7,812
 
 
$
4,333
 
 
$
6,972
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
(19,117
 )
 
$
-
 
Capital expenditures
 
$
10,852
 
 
$
27,515
 
 
$
2,294
 
 
$
92
 
 
$
-
 
 
$
3,895
 
 
$
-
 
 
$
44,648