REVENUE RECOGNITION Revenue Recognition (Tables)
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9 Months Ended |
Sep. 30, 2021 |
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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 nine months ended September 30, 2021 and 2020 are as follows:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2021 |
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2020 |
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2021 |
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2020 |
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(in thousands) |
| Total Concerts Revenue |
$ |
2,151,596 |
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$ |
154,791 |
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$ |
2,677,970 |
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$ |
1,290,007 |
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| Percentage of consolidated revenue |
79.7 |
% |
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84.1 |
% |
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75.1 |
% |
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79.4 |
% |
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| Disaggregation of Ticketing Revenue |
Ticketing revenue, including intersegment revenue, for the three and nine months ended September 30, 2021 and 2020 are as follows:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2021 |
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2020 |
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2021 |
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2020 |
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(in thousands) |
| Total Ticketing Revenue |
$ |
374,237 |
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$ |
(19,822) |
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$ |
646,560 |
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$ |
177,436 |
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| Percentage of consolidated revenue |
13.9 |
% |
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* |
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18.1 |
% |
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10.9 |
% |
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| Disaggregation of Sponsorship & Advertising Revenue |
Sponsorship & Advertising revenue, including intersegment revenue, for the three and nine months ended September 30, 2021 and 2020 are as follows:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2021 |
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2020 |
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2021 |
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2020 |
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(in thousands) |
| Total Sponsorship & Advertising Revenue |
$ |
174,449 |
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$ |
47,927 |
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$ |
241,657 |
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$ |
156,560 |
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| Percentage of consolidated revenue |
6.5 |
% |
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26.0 |
% |
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6.8 |
% |
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9.6 |
% |
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| Contract with Customer, Asset and Liability |
The table below summarizes the amount of the preceding December 31 current deferred revenue recognized during the three and nine months ended September 30, 2021 and 2020:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2021 |
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2020 |
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2021 |
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2020 |
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(in thousands) |
| Concerts |
$ |
278,557 |
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$ |
11,539 |
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$ |
330,852 |
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$ |
281,017 |
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| Ticketing |
24,159 |
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4,023 |
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31,950 |
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25,231 |
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| Sponsorship & Advertising |
43,437 |
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824 |
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58,070 |
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17,408 |
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| Other & Corporate |
— |
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1,364 |
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— |
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3,402 |
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$ |
346,153 |
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$ |
17,750 |
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$ |
420,872 |
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$ |
327,058 |
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