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