Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION Revenue Recognition (Tables)

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REVENUE RECOGNITION Revenue Recognition (Tables)
 3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Concerts Revenue
Concerts revenue, including intersegment revenue, for the three months ended March 31, 2022 and 2021 are as follows:
Three Months Ended
March 31,
2022 2021
(in thousands)
Total Concerts Revenue $ 1,207,825  $ 239,416 
Percentage of consolidated revenue 67.0  % 82.4  %
Disaggregation of Ticketing Revenue
Ticketing revenue, including intersegment revenue, for the three months ended March 31, 2022 and 2021 are as follows:

Three Months Ended
March 31,
2022 2021
(in thousands)
Total Ticketing Revenue $ 480,399  $ 28,322 
Percentage of consolidated revenue 26.6  % 9.7  %
Disaggregation of Sponsorship & Advertising Revenue
Sponsorship & Advertising revenue, including intersegment revenue, for the three months ended March 31, 2022 and 2021 are as follows:
Three Months Ended
March 31,
2022 2021
(in thousands)
Total Sponsorship & Advertising Revenue $ 115,689  $ 22,647 
Percentage of consolidated revenue 6.4  % 7.8  %
Contract with Customer, Asset and Liability
The table below summarizes the amount of the preceding December 31 current deferred revenue recognized during the three months ended March 31, 2022 and 2021:
Three Months Ended
March 31,
2022 2021
(in thousands)
Concerts $ 278,546  $ 37,824 
Ticketing 23,043  4,421 
Sponsorship & Advertising 34,239  5,583 
$ 335,828  $ 47,828