Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION Revenue Recognition (Tables)

v3.19.3
REVENUE RECOGNITION Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Concerts Revenue
Concerts revenue, including intersegment revenue, for the three and nine months ended September 30, 2019 and 2018 are as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2019 2018 2019 2018
(in thousands)
Total Concert Revenue $ 3,173,843    $ 3,297,257    $ 7,131,491    $ 6,716,914   
Percentage of consolidated revenue 84.1  % 86.0  % 82.4  % 82.1  %
Disaggregation of Ticketing Revenue
Ticketing revenue, including intersegment revenue, for the three and nine months ended September 30, 2019 and 2018 are as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2019 2018 2019 2018
(in thousands)
Total Ticketing Revenue $ 388,458    $ 368,312    $ 1,096,865    $ 1,091,880   
Percentage of consolidated revenue 10.3  % 9.6  % 12.7  % 13.3  %
Disaggregation of Sponsorship & Advertising Revenue
Sponsorship & Advertising revenue, including intersegment revenue, for the three and nine months ended September 30, 2019 and 2018 are as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2019 2018 2019 2018
(in thousands)
Total Sponsorship & Advertising Revenue $ 215,247    $ 171,178    $ 441,862    $ 385,674   
Percentage of consolidated revenue 5.7  % 4.5  % 5.1  % 4.7  %
Contract with Customer, Asset and Liability The table below summarizes the amount of deferred revenue recognized during the three and nine months ended September 30, 2019 and 2018:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2019 2018 2019 2018
(in thousands)
Concerts $ 260,907    $ 166,381    $ 1,093,890    $ 809,930   
Ticketing 11,538    7,820    59,284    39,559   
Sponsorship & Advertising 2,436    3,062    19,188    20,350   
Other & Corporate 562    200    2,730    1,591   
$ 275,443    $ 177,463    $ 1,175,092    $ 871,430