Live Nation Entertainment (FRA:3LN) Other Operating Expense : €786 Mil (TTM As of Dec. 2023)

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What is Live Nation Entertainment Other Operating Expense?

Live Nation Entertainment's Other Operating Expense for the three months ended in Dec. 2023 was €203 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was €786 Mil.

Live Nation Entertainment's quarterly Other Operating Expense increased from Jun. 2023 (€201 Mil) to Sep. 2023 (€216 Mil) but then declined from Sep. 2023 (€216 Mil) to Dec. 2023 (€203 Mil).

Live Nation Entertainment's annual Other Operating Expense increased from Dec. 2021 (€510 Mil) to Dec. 2022 (€649 Mil) and increased from Dec. 2022 (€649 Mil) to Dec. 2023 (€777 Mil).

Live Nation Entertainment Other Operating Expense Historical Data

The historical data trend for Live Nation Entertainment's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Live Nation Entertainment Other Operating Expense Chart

Live Nation Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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551.55

482.62

510.38

649.29

777.26

Live Nation Entertainment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															199.13	166.44	201.21	215.94	202.63

Live Nation Entertainment Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €786 Mil.

Live Nation Entertainment Other Operating Expense Related Terms

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Live Nation Entertainment (FRA:3LN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Live Nation Entertainment Inc (FRA:3LN) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

LYV:USA LYV:Mexico 3LN:Germany L1YV34:Brazil

Address

9348 Civic Center Drive, Beverly Hills, CA, USA, 90210

Website

https://www.livenationentertainment.com

Live Nation is the largest live entertainment firm in the world with over 670 million fans served in 48 countries in 2022 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 338 venues including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 550 million tickets for over 12,000 clients in 2022. Its artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 31% of Live Nation, held under its Sirius XM tracking stock. Liberty plans to spin off its stake into a dedicated tracking stock.

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