REVENUE RECOGNITION Revenue Recognition (Tables)
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9 Months Ended |
Sep. 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 nine months ended September 30, 2022 and 2021 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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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 |
$ |
5,292,594 |
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$ |
2,151,596 |
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$ |
10,098,180 |
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$ |
2,677,970 |
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| Percentage of consolidated revenue |
86.0 |
% |
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79.7 |
% |
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81.5 |
% |
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75.1 |
% |
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| Disaggregation of Ticketing Revenue |
Ticketing revenue, including intersegment revenue, for the three and nine months ended September 30, 2022 and 2021 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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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 |
$ |
531,570 |
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$ |
374,237 |
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$ |
1,587,274 |
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$ |
646,560 |
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| Percentage of consolidated revenue |
8.6 |
% |
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13.9 |
% |
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12.8 |
% |
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18.1 |
% |
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| Disaggregation of Sponsorship & Advertising Revenue |
Sponsorship & Advertising revenue, including intersegment revenue, for the three and nine months ended September 30, 2022 and 2021 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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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 |
$ |
343,029 |
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$ |
174,449 |
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$ |
722,504 |
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$ |
241,657 |
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| Percentage of consolidated revenue |
5.6 |
% |
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6.5 |
% |
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5.8 |
% |
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6.8 |
% |
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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 nine months ended September 30, 2022 and 2021:
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Three Months Ended
September 30, |
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Nine Months Ended
September 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 |
$ |
825,573 |
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$ |
278,557 |
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$ |
2,135,814 |
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$ |
330,852 |
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| Ticketing |
40,803 |
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24,159 |
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120,543 |
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31,950 |
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| Sponsorship & Advertising |
36,703 |
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43,437 |
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128,035 |
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58,070 |
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$ |
903,079 |
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$ |
346,153 |
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$ |
2,384,392 |
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$ |
420,872 |
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