Live Nation Entertainment Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SEGMENT DATA (Tables)

SEGMENT DATA (Tables)

6 Months Ended

Jun. 30, 2011

The Company manages its working capital on a consolidated basis. Accordingly, segment assets are not reported to, or used by, the Company's management to allocate resources to or assess performance of the segments, and therefore, total segment assets have not been disclosed.

							Artist
	Concerts			Ticketing			Nation			eCommerce		Sponsorship		Other			Corporate			Eliminations			Consolidated
	(in thousands)
Three Months Ended June 30, 2011
Revenue	$	1,082,229		$	283,828		$	118,430		$	37,369	$	49,627	$	807		$	1		$	(13,409	)	$	1,558,882
Direct operating expenses		921,480			134,291			81,386			6,242		9,669		-			(1,713	)		(13,204	)		1,138,151
Selling, general and administrative expenses		142,315			78,855			21,609			16,032		7,481		503			-			-			266,795
Depreciation and amortization		28,302			31,976			13,131			3,177		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	)	$	38,100		$	5,078		$	11,918	$	32,388	$	197		$	(27,379	)	$	-		$	52,373
Intersegment revenue	$	7,351		$	-		$	5,718		$	340	$	-	$	-		$	-		$	(13,409	)	$	-

Three Months Ended June 30, 2010
Revenue	$	859,511		$	264,421		$	88,672		$	18,895	$	38,825	$	974		$	-		$	(4,563	)	$	1,266,735
Direct operating expenses		706,079			128,910			55,907			4,128		5,902		-			(1,124	)		(3,519	)		896,283
Selling, general and administrative expenses		131,257			77,016			25,476			12,190		6,445		515			-			-			252,899
Depreciation and amortization		21,753			32,125			10,426			431		62		8			547			(1,044	)		64,308
Loss (gain) on sale of operating assets		(1,282	)		646			(1	)		-		-		-			-			-			(637	)
Corporate expenses		-			-			-			-		-		-			21,882			-			21,882
Acquisition transaction expenses		161			-			4,734			-		-		-			1,499			-			6,394
Operating income (loss)	$	1,543		$	25,724		$	(7,870	)	$	2,146	$	26,416	$	451		$	(22,804	)	$	-		$	25,606
Intersegment revenue	$	1,459		$	365		$	2,739		$	-	$	-	$	-		$	-		$	(4,563	)	$	-


Six Months Ended June 30, 2011
Revenue	$	1,531,499		$	580,165		$	172,566		$	66,816	$	74,423	$	1,606		$	333		$	(19,117	)	$	2,408,291
Direct operating expenses		1,287,634			274,175			116,267			11,049		15,864		-			(1,002	)		(18,712	)		1,685,275
Selling, general and administrative expenses		268,616			155,965			68,915			30,031		15,177		1,060			-			-			539,764
Depreciation and amortization		54,715			66,940			26,612			5,465		188		27			866			(405	)		154,408
Loss (gain) on sale of operating assets		(690	)		(91	)		1,241			5		-		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	)	$	82,225		$	(38,287	)	$	20,266	$	43,194	$	349		$	(54,874	)	$	-		$	(19,788	)
Intersegment revenue	$	7,812		$	3,703		$	6,972		$	630	$	-	$	-		$	-		$	(19,117	)	$	-
Capital expenditures	$	10,852		$	24,752		$	2,294		$	2,763	$	92	$	-		$	3,895		$	-		$	44,648

Six Months Ended June 30, 2010
Revenue	$	1,267,620		$	473,547		$	158,268		$	36,979	$	60,062	$	1,914		$	-		$	(8,294	)	$	1,990,096
Direct operating expenses		1,033,855			231,567			105,231			6,378		12,036		-			(778	)		(7,250	)		1,381,039
Selling, general and administrative expenses		256,104			146,577			46,603			20,580		13,364		1,267			-			-			484,495
Depreciation and amortization		50,156			55,675			17,662			3,084		121		13			1,274			(1,044	)		126,941
Loss (gain) on sale of
operating assets		(1,269	)		5,205			(1	)		-		6		(7	)		-			-			3,934
Corporate expenses		-			-			-			-		-		-			59,006			-			59,006
Acquisition transaction expenses		145			-			4,734			-		-		-			10,532			-			15,411
Operating income (loss)	$	(71,371	)	$	34,523		$	(15,961	)	$	6,937	$	34,535	$	641		$	(70,034	)	$	-		$	(80,730	)
Intersegment revenue	$	3,957		$	365		$	3,962		$	-	$	10	$	-		$	-		$	(8,294	)	$	-
Capital expenditures	$	10,061		$	16,880		$	95		$	726	$	48	$	175		$	1,831		$	-		$	29,816

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details