REVENUE RECOGNITION Revenue Recognition (Tables)
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6 Months Ended |
Jun. 30, 2019 |
Revenue from Contract with Customer [Abstract] |
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Disaggregation of Concerts Revenue |
Concerts revenue, including intersegment revenue, for the three and six months ended June 30, 2019 and 2018 are as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2019 |
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2018 |
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2019 |
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2018 |
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(in thousands) |
Total Concert Revenue |
$ |
2,639,531 |
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$ |
2,380,736 |
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$ |
3,957,648 |
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$ |
3,419,657 |
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Percentage of consolidated revenue |
83.6 |
% |
|
83.0 |
% |
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81.0 |
% |
|
78.6 |
% |
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Disaggregation Of Ticketing Revenue |
Ticketing revenue, including intersegment revenue, for the three and six months ended June 30, 2019 and 2018 are as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2019 |
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2018 |
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2019 |
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2018 |
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(in thousands) |
Total Ticketing Revenue |
$ |
370,765 |
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$ |
351,195 |
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$ |
708,407 |
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$ |
723,568 |
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Percentage of consolidated revenue |
11.7 |
% |
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12.2 |
% |
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14.5 |
% |
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16.6 |
% |
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Disaggregation Of Sponsorship & Advertising Revenue |
Sponsorship & Advertising revenue, including intersegment revenue, for the three and six months ended June 30, 2019 and 2018 are as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2019 |
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2018 |
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2019 |
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2018 |
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(in thousands) |
Total Sponsorship & Advertising Revenue |
$ |
151,537 |
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$ |
139,938 |
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$ |
226,615 |
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$ |
214,496 |
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Percentage of consolidated revenue |
4.8 |
% |
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4.9 |
% |
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4.6 |
% |
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4.9 |
% |
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Contract with Customer, Asset and Liability |
The table below summarizes the amount of deferred revenue recognized during the three and six months ended June 30, 2019 and 2018:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2019 |
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2018 |
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2019 |
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2018 |
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(in thousands) |
Concerts |
$ |
550,982 |
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$ |
381,277 |
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$ |
833,683 |
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$ |
646,538 |
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Ticketing |
28,088 |
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16,206 |
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|
47,486 |
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|
31,739 |
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Sponsorship & Advertising |
5,930 |
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4,169 |
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16,752 |
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17,289 |
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Other & Corporate |
562 |
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483 |
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2,168 |
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1,391 |
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$ |
585,562 |
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$ |
402,135 |
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$ |
900,089 |
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$ |
696,957 |
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