Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION Revenue Recognition (Tables)

v3.21.1
REVENUE RECOGNITION Revenue Recognition (Tables)
 3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of Concerts Revenue
Concerts revenue, including intersegment revenue, for the three months ended March 31, 2021 and 2020 are as follows:
Three Months Ended
March 31,
2021 2020
(in thousands)
Total Concerts Revenue $ 239,416  $ 993,393 
Percentage of consolidated revenue 82.4  % 72.7  %
Disaggregation of Ticketing Revenue
Ticketing revenue, including intersegment revenue, for the three months ended March 31, 2021 and 2020 are as follows:
Three Months Ended
March 31,
2021 2020
(in thousands)
Total Ticketing Revenue $ 28,322  $ 284,277 
Percentage of consolidated revenue 9.7  % 20.8  %
Disaggregation of Sponsorship & Advertising Revenue
Sponsorship & Advertising revenue, including intersegment revenue, for the three months ended March 31, 2021 and 2020 are as follows:
Three Months Ended
March 31,
2021 2020
(in thousands)
Total Sponsorship & Advertising Revenue $ 22,647  $ 90,261 
Percentage of consolidated revenue 7.8  % 6.6  %
Contract with Customer, Asset and Liability
The table below summarizes the amount of the December 31 current deferred revenue recognized during the three months ended March 31, 2021 and 2020:
Three Months Ended
March 31,
2021 2020
(in thousands)
Concerts $ 37,824  $ 260,859 
Ticketing 4,421  16,708 
Sponsorship & Advertising 5,583  13,490 
Other & Corporate —  1,475 
$ 47,828  $ 292,532