REVENUE RECOGNITION Revenue Recognition (Tables)
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6 Months Ended |
Jun. 30, 2022 |
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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 six months ended June 30, 2022 and 2021 are as follows:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2022 |
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2021 |
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2022 |
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2021 |
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(in thousands) |
| Total Concerts Revenue |
$ |
3,597,761 |
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$ |
286,958 |
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$ |
4,805,586 |
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$ |
526,374 |
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| Percentage of consolidated revenue |
81.1 |
% |
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49.8 |
% |
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77.0 |
% |
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60.7 |
% |
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| Disaggregation of Ticketing Revenue |
Ticketing revenue, including intersegment revenue, for the three and six months ended June 30, 2022 and 2021 are as follows:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2022 |
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2021 |
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2022 |
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2021 |
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(in thousands) |
| Total Ticketing Revenue |
$ |
575,305 |
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$ |
244,001 |
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$ |
1,055,704 |
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$ |
272,323 |
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| Percentage of consolidated revenue |
13.0 |
% |
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42.4 |
% |
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16.9 |
% |
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31.4 |
% |
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| Disaggregation of Sponsorship & Advertising Revenue |
Sponsorship & Advertising revenue, including intersegment revenue, for the three and six months ended June 30, 2022 and 2021 are as follows:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2022 |
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2021 |
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2022 |
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2021 |
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(in thousands) |
| Total Sponsorship & Advertising Revenue |
$ |
263,786 |
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$ |
44,561 |
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$ |
379,475 |
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$ |
67,208 |
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| Percentage of consolidated revenue |
5.9 |
% |
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7.7 |
% |
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6.1 |
% |
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7.8 |
% |
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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 six months ended June 30, 2022 and 2021:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2022 |
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2021 |
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2022 |
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2021 |
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(in thousands) |
| Concerts |
$ |
1,031,758 |
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$ |
14,471 |
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$ |
1,310,304 |
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$ |
52,295 |
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| Ticketing |
56,110 |
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3,370 |
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79,153 |
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7,791 |
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| Sponsorship & Advertising |
57,059 |
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9,050 |
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91,298 |
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14,633 |
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$ |
1,144,927 |
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$ |
26,891 |
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$ |
1,480,755 |
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$ |
74,719 |
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