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

SEGMENT DATA Segment Data (Tables)

3 Months Ended

Mar. 31, 2021

The following table presents the results of operations for our reportable segments for the three months ended March 31, 2021 and 2020:


	Concerts		Ticketing		Sponsorship & Advertising		Other		Corporate		Eliminations		Consolidated
	(in thousands)


















Three Months Ended March 31, 2021
Revenue	$	239,416	$	28,322	$	22,647	$	815	$	—	$	(591)	$	290,609
Direct operating expenses	113,904		17,832		2,821		—		—		(591)		133,966
Selling, general and administrative expenses	207,847		94,668		19,103		1,235		—		—		322,853
Depreciation and amortization	62,886		36,478		7,164		11		2,337		—		108,876
Loss on disposal of operating assets	138		—		—		—		—		—		138
Corporate expenses	—		—		—		—		27,948		—		27,948
Operating loss	$	(145,359)	$	(120,656)	$	(6,441)	$	(431)	$	(30,285)	$	—	$	(303,172)
Intersegment revenue	$	591	$	—	$	—	$	—	$	—	$	(591)	$	—
Capital expenditures	$	6,653	$	9,675	$	1,160	$	—	$	1,449	$	—	$	18,937
Three Months Ended March 31, 2020
Revenue	$	993,393	$	284,277	$	90,261	$	796	$	—	$	(3,034)	$	1,365,693
Direct operating expenses	750,905		104,413		21,536		—		—		(3,034)		873,820
Selling, general and administrative expenses	331,276		157,546		22,987		2,212		—		—		514,021
Depreciation and amortization	72,216		38,176		7,512		53		4,123		—		122,080
Loss on disposal of operating assets	127		2		—		1		—		—		130
Corporate expenses	—		—		—		—		28,312		—		28,312
Operating income (loss)	$	(161,131)	$	(15,860)	$	38,226	$	(1,470)	$	(32,435)	$	—	$	(172,670)
Intersegment revenue	$	1,233	$	1,801	$	—	$	—	$	—	$	(3,034)	$	—
Capital expenditures	$	48,871	$	22,167	$	1,292	$	—	$	3,442	$	—	$	75,772