Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION Revenue Recognition (Tables)

v3.22.2.2
REVENUE RECOGNITION Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Concerts Revenue
Concerts revenue, including intersegment revenue, for the three and nine months ended September 30, 2022 and 2021 are as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2022 2021 2022 2021
(in thousands)
Total Concerts Revenue $ 5,292,594  $ 2,151,596  $ 10,098,180  $ 2,677,970 
Percentage of consolidated revenue 86.0  % 79.7  % 81.5  % 75.1  %
Disaggregation of Ticketing Revenue
Ticketing revenue, including intersegment revenue, for the three and nine months ended September 30, 2022 and 2021 are as follows:

Three Months Ended
September 30,
Nine Months Ended
September 30,
2022 2021 2022 2021
(in thousands)
Total Ticketing Revenue $ 531,570  $ 374,237  $ 1,587,274  $ 646,560 
Percentage of consolidated revenue 8.6  % 13.9  % 12.8  % 18.1  %
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:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2022 2021 2022 2021
(in thousands)
Total Sponsorship & Advertising Revenue $ 343,029  $ 174,449  $ 722,504  $ 241,657 
Percentage of consolidated revenue 5.6  % 6.5  % 5.8  % 6.8  %
Contract with Customer, Asset and Liability
The table below summarizes the amount of the preceding December 31 current deferred revenue recognized during the three and nine months ended September 30, 2022 and 2021:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2022 2021 2022 2021
(in thousands)
Concerts $ 825,573  $ 278,557  $ 2,135,814  $ 330,852 
Ticketing 40,803  24,159  120,543  31,950 
Sponsorship & Advertising 36,703  43,437  128,035  58,070 
$ 903,079  $ 346,153  $ 2,384,392  $ 420,872