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)

9 Months Ended

Sep. 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 September 30, 2011
Revenue	$	1,280,297		$	287,073		$	121,375		$	36,598	$	72,722	$	779		$	-		$	(8,819	)	$	1,790,025
Direct operating expenses		1,066,140			130,645			80,994			5,736		12,300		-			(893	)		(8,618	)		1,286,304
Selling, general and
administrative expenses		131,805			105,923			20,551			16,797		6,263		1,123			-			-			282,462
Depreciation and amortization		33,103			36,246			10,693			2,708		88		13			691			(201	)		83,341
Loss (gain) on sale of
operating assets		13			(2	)		15			-		-		204			1			-			231
Corporate expenses		-			-			-			-		-		-			27,385			-			27,385
Acquisition transaction
expenses		826			216			276			-		-		-			4,175			-			5,493
Operating income (loss)	$	48,410		$	14,045		$	8,846		$	11,357	$	54,071	$	(561	)	$	(31,359	)	$	-		$	104,809
Intersegment revenue	$	1,978		$	4,333		$	2,166		$	342	$	-	$	-		$	-		$	(8,819	)	$	-

Three Months Ended September 30, 2010
Revenue	$	1,380,527		$	261,175		$	110,960		$	25,822	$	69,534	$	1,569		$	-		$	(13,781	)	$	1,835,806
Direct operating expenses		1,192,486			123,629			70,212			2,377		10,324		-			2,417			(13,150	)		1,388,295
Selling, general and
administrative expenses		128,680			75,638			22,984			10,202		6,230		960			-			-			244,694
Depreciation and amortization		29,741			25,920			12,285			2,239		66		6			623			(631	)		70,249
Loss (gain) on sale of
operating assets		(776	)		(13	)		7			-		-		(1	)		4			-			(779	)
Corporate expenses		-			-			-			-		-		-			27,660			-			27,660
Acquisition transaction
expenses		(2,863	)		373			1,290			-		-		-			3,781			-			2,581
Operating income (loss)	$	33,259		$	35,628		$	4,182		$	11,004	$	52,914	$	604		$	(34,485	)	$	-		$	103,106
Intersegment revenue	$	6,563		$	-		$	7,218		$	-	$	-	$	-		$	-		$	(13,781	)	$	-


Nine Months Ended September 30, 2011
Revenue	$	2,811,796		$	867,238		$	293,941		$	103,414	$	147,145	$	2,385		$	333		$	(27,936	)	$	4,198,316
Direct operating expenses		2,353,774			404,820			197,261			16,785		28,164		-			(1,895	)		(27,330	)		2,971,579
Selling, general and
administrative expenses		400,421			261,888			89,466			46,828		21,440		2,183			-			-			822,226
Depreciation and amortization		87,818			103,186			37,305			8,173		276		40			1,557			(606	)		237,749
Loss (gain) on sale of
operating assets		(677	)		(93	)		1,256			5		-		374			1			-			866
Corporate expenses		-			-			-			-		-		-			73,011			-			73,011
Acquisition transaction
expenses		(5,289	)		1,167			(1,906	)		-		-		-			13,892			-			7,864
Operating income (loss)	$	(24,251	)	$	96,270		$	(29,441	)	$	31,623	$	97,265	$	(212	)	$	(86,233	)	$	-		$	85,021
Intersegment revenue	$	9,790		$	8,036		$	9,138		$	972	$	-	$	-		$	-		$	(27,936	)	$	-
Capital expenditures	$	15,825		$	41,833		$	5,318		$	3,879	$	892	$	-		$	4,606		$	-		$	72,353

Nine Months Ended September 30, 2010
Revenue	$	2,648,147		$	734,722		$	269,228		$	62,801	$	129,596	$	3,483		$	-		$	(22,075	)	$	3,825,902
Direct operating expenses		2,226,341			355,196			175,443			8,755		22,360		-			1,639			(20,400	)		2,769,334
Selling, general and
administrative expenses		384,784			222,215			69,587			30,782		19,594		2,227			-			-			729,189
Depreciation and amortization		79,897			80,788			30,754			5,323		187		19			1,897			(1,675	)		197,190
Loss (gain) on sale of
operating assets		(2,045	)		5,192			6			-		6		(8	)		4			-			3,155
Corporate expenses		-			-			-			-		-		-			86,666			-			86,666
Acquisition transaction
expenses		(2,718	)		373			6,024			-		-		-			14,313			-			17,992
Operating income (loss)	$	(38,112	)	$	70,958		$	(12,586	)	$	17,941	$	87,449	$	1,245		$	(104,519	)	$	-		$	22,376
Intersegment revenue	$	10,895		$	-		$	11,180		$	-	$	-	$	-		$	-		$	(22,075	)	$	-
Capital expenditures	$	14,856		$	25,372		$	647		$	1,568	$	60	$	297		$	5,787		$	-		$	48,587

- 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