REVENUE RECOGNITION Revenue Recognition (Tables)
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6 Months Ended |
Jun. 30, 2020 |
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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 six months ended June 30, 2020 and 2019 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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2020 |
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2019 |
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2020 |
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2019 |
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(in thousands) |
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| Total Concert Revenue |
$ |
141,823 |
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$ |
2,639,531 |
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$ |
1,135,216 |
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$ |
3,957,648 |
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| Percentage of consolidated revenue |
* |
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83.6 |
% |
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78.8 |
% |
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81.0 |
% |
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| Disaggregation of Ticketing Revenue |
Ticketing revenue, including intersegment revenue, for the three and six months ended June 30, 2020 and 2019 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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2020 |
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2019 |
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2020 |
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2019 |
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(in thousands) |
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| Total Ticketing Revenue |
$ |
(87,019) |
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$ |
370,765 |
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$ |
197,258 |
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$ |
708,407 |
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| Percentage of consolidated revenue |
* |
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11.7 |
% |
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13.7 |
% |
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14.5 |
% |
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| Disaggregation of Sponsorship & Advertising Revenue |
Sponsorship & Advertising revenue, including intersegment revenue, for the three and six months ended June 30, 2020 and 2019 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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2020 |
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2019 |
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2020 |
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2019 |
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(in thousands) |
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| Total Sponsorship & Advertising Revenue |
$ |
18,372 |
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$ |
151,537 |
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$ |
108,633 |
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$ |
226,615 |
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| Percentage of consolidated revenue |
24.8 |
% |
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4.8 |
% |
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7.5 |
% |
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4.6 |
% |
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| Contract with Customer, Asset and Liability |
The table below summarizes the amount of current deferred revenue from December 31 recognized during the three and six months ended June 30, 2020 and 2019:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2020 |
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2019 |
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2020 |
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2019 |
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(in thousands) |
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| Concerts |
$ |
11,329 |
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$ |
550,982 |
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$ |
269,359 |
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$ |
833,683 |
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| Ticketing |
4,242 |
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28,088 |
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21,196 |
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47,486 |
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| Sponsorship & Advertising |
3,094 |
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5,930 |
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16,584 |
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16,752 |
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| Other & Corporate |
562 |
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562 |
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2,038 |
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2,168 |
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$ |
19,227 |
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$ |
585,562 |
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$ |
309,177 |
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$ |
900,089 |
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