Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION Revenue Recognition (Tables)

v3.21.2
REVENUE RECOGNITION Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of Concerts Revenue Concerts revenue, including intersegment revenue, for the three and nine months ended September 30, 2021 and 2020 are as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
(in thousands)
Total Concerts Revenue $ 2,151,596  $ 154,791  $ 2,677,970  $ 1,290,007 
Percentage of consolidated revenue 79.7  % 84.1  % 75.1  % 79.4  %
Disaggregation of Ticketing Revenue Ticketing revenue, including intersegment revenue, for the three and nine months ended September 30, 2021 and 2020 are as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
(in thousands)
Total Ticketing Revenue $ 374,237  $ (19,822) $ 646,560  $ 177,436 
Percentage of consolidated revenue 13.9  % * 18.1  % 10.9  %
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:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
(in thousands)
Total Sponsorship & Advertising Revenue $ 174,449  $ 47,927  $ 241,657  $ 156,560 
Percentage of consolidated revenue 6.5  % 26.0  % 6.8  % 9.6  %
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:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
(in thousands)
Concerts $ 278,557  $ 11,539  $ 330,852  $ 281,017 
Ticketing 24,159  4,023  31,950  25,231 
Sponsorship & Advertising 43,437  824  58,070  17,408 
Other & Corporate —  1,364  —  3,402 
$ 346,153  $ 17,750  $ 420,872  $ 327,058