Annual report pursuant to Section 13 and 15(d)

SEGMENT DATA (Tables)

v3.22.0.1
SEGMENT DATA (Tables)
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block] The following table presents the results of operations for our reportable segments for the years ending December 31, 2021, 2020 and 2019:
Concerts Ticketing Sponsorship
& Advertising		 Other Corporate Eliminations Consolidated
  (in thousands)
2021
Revenue $ 4,722,190  $ 1,134,268  $ 411,910  $ 2,988  $ —  $ (2,909) $ 6,268,447 
Direct operating expenses 3,913,975  358,246  86,540  —  —  (2,772) 4,355,989 
Selling, general and administrative expenses 1,184,424  472,519  95,251  2,765  —  (137) 1,754,822 
Depreciation and amortization 243,439  133,227  27,942  43  11,626  —  416,277 
Loss (gain) on disposal of operating assets (1,162) (67) —  —  18  —  (1,211)
Corporate expenses —  —  —  —  160,428  —  160,428 
Operating income (loss) $ (618,486) $ 170,343  $ 202,177  $ 180  $ (172,072) $ —  $ (417,858)
Intersegment revenue $ 2,505  $ 404  $ —  $ —  $ —  $ (2,909) $ — 
Capital expenditures $ 92,132  $ 49,004  $ 12,299  $ —  $ 23,036  $ —  $ 176,471 
2020
Revenue $ 1,468,433  $ 188,383  $ 203,676  $ 3,233  $ —  $ (2,547) $ 1,861,178 
Direct operating expenses 1,222,997  129,433  52,517  —  —  (2,547) 1,402,400 
Selling, general and administrative expenses 937,651  501,032  75,669  9,990  —  —  1,524,342 
Depreciation and amortization 266,255  169,921  30,617  6,684  11,548  —  485,025 
Loss (gain) on disposal of operating assets 505  (1) —  (1) —  —  503 
Corporate expenses —  —  —  —  102,100  —  102,100 
Operating income (loss) $ (958,975) $ (612,002) $ 44,873  $ (13,440) $ (113,648) $ —  $ (1,653,192)
Intersegment revenue $ 712  $ 1,835  $ —  $ —  $ —  $ (2,547) $ — 
Capital expenditures $ 119,730  $ 77,018  $ 5,781  $ —  $ 6,886  $ —  $ 209,415 
2019
Revenue $ 9,428,094  $ 1,545,189  $ 590,274  $ 3,162  $ —  $ (18,750) $ 11,547,969 
Direct operating expenses 7,857,437  514,169  114,326  —  —  (18,750) 8,467,182 
Selling, general and administrative expenses 1,386,928  642,052  112,594  3,912  —  —  2,145,486 
Depreciation and amortization 239,682  156,894  33,084  364  13,967  —  443,991 
Loss (gain) on disposal of operating assets (2,490) 116  —  —  1  —  (2,373)
Corporate expenses —  —  —  —  168,839  —  168,839 
Operating income (loss) $ (53,463) $ 231,958  $ 330,270  $ (1,114) $ (182,807) $ —  $ 324,844 
Intersegment revenue $ 6,672  $ 12,078  $ —  $ —  $ —  $ (18,750) $ — 
Capital expenditures $ 186,819  $ 105,246  $ 10,261  $ —  $ 35,252  $ —  $ 337,578 
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block] The following table provides revenue and long-lived assets for our foreign operations included in the consolidated financial statements:
United Kingdom Operations Other Foreign Operations Total Foreign Operations Total Domestic Operations Consolidated Total
(in thousands)
2021
Revenue $ 594,809  $ 618,005  $ 1,212,814  $ 5,055,633  $ 6,268,447 
Long-lived assets $ 90,603  $ 185,550  $ 276,153  $ 815,776  $ 1,091,929 
2020
Revenue $ 194,177  $ 472,364  $ 666,541  $ 1,194,637  $ 1,861,178 
Long-lived assets $ 91,192  $ 184,679  $ 275,871  $ 825,543  $ 1,101,414 
2019
Revenue $ 838,940  $ 3,076,486  $ 3,915,426  $ 7,632,543  $ 11,547,969 
Long-lived assets $ 77,084  $ 186,265  $ 263,349  $ 854,583  $ 1,117,932