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

SEGMENT DATA Segment Data (Tables)

3 Months Ended

Mar. 31, 2022

The following table presents the results of operations for our reportable segments for the three months ended March 31, 2022 and 2021:


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




















Three Months Ended March 31, 2022
Revenue	$	1,207,825	$	480,399	$	115,689	$	813	$	—	$	(1,918)	$	1,802,808
Direct operating expenses	910,277		150,306		12,357		—		—		(1,918)		1,071,022
Selling, general and administrative expenses	384,118		147,456		36,100		2,508		—		—		570,182
Depreciation and amortization	61,163		28,052		8,225		51		2,978		—		100,469
Loss (gain) on disposal of operating assets	1,868		(203)		—		—		—		—		1,665
Corporate expenses	—		—		—		—		32,410		—		32,410
Operating income (loss)	$	(149,601)	$	154,788	$	59,007	$	(1,746)	$	(35,388)	$	—	$	27,060
Intersegment revenue	$	652	$	1,266	$	—	$	—	$	—	$	(1,918)	$	—
Capital expenditures	$	31,993	$	11,503	$	1,752	$	—	$	1,241	$	—	$	46,489

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