v3.26.1
LONG-LIVED ASSETS (Long-Lived Assets) (Tables)
 3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment
Property, plant and equipment, net consisted of the following:
March 31, 2026December 31, 2025
(in thousands)
Land, buildings and improvements$3,057,518 $2,873,491 
Computer equipment and capitalized software836,632 815,403 
Furniture and other equipment1,012,377 952,651 
Construction in progress880,811 830,878 
Property, plant and equipment, gross5,787,338 5,472,423 
Less: accumulated depreciation2,123,107 2,056,652 
Property, plant and equipment, net$3,664,231 $3,415,771 
Gross Carrying Amount and Accumulated Amortization of Definite-Lived Intangible Assets
The following table presents the changes in the gross carrying amount and accumulated amortization of definite-lived intangible assets for the three months ended March 31, 2026:
Revenue-
generating
contracts		Client /
vendor
relationships		Venue
management		Trademarks
and naming rights
Technology
and other (1)
Total
(in thousands)
Balance as of December 31, 2025:
Gross carrying amount
$786,202 $731,488 $242,430 $103,289 $51,406 $1,914,815 
Accumulated amortization
(335,483)(334,693)(91,472)(52,658)(22,056)(836,362)
Net450,719 396,795 150,958 50,631 29,350 1,078,453 
Gross carrying amount:
Acquisitions and additions current year
23,792 36,115 3,774 — — 63,681 
Acquisitions and additions prior year
557 160 (2)— 1,091 1,806 
Foreign exchange(397)(2,570)(907)518 (214)(3,570)
Other (2)
(19,995)(23,100)— — (21,872)(64,967)
Net change3,957 10,605 2,865 518 (20,995)(3,050)
Accumulated amortization:
Amortization
(25,187)(29,963)(7,980)(2,908)(3,693)(69,731)
Foreign exchange743 2,024 421 (333)134 2,989 
Other (2)
19,987 23,100 4 (9)19,547 62,629 
Net change(4,457)(4,839)(7,555)(3,250)15,988 (4,113)
Balance as of March 31, 2026:
Gross carrying amount
790,159 742,093 245,295 103,807 30,411 1,911,765 
Accumulated amortization
(339,940)(339,532)(99,027)(55,908)(6,068)(840,475)
Net$450,219 $402,561 $146,268 $47,899 $24,343 $1,071,290 
__________________
(1) Other primarily includes crypto assets and intangible assets for non-compete agreements.
(2) Other primarily includes netdowns of fully amortized or impaired assets as well as mark-to-market adjustments of crypto assets.
 [1],[2]
Weighted Average Lives of Additions to Definite-Lived Intangible Assets
The 2026 acquisitions and additions to definite-lived intangible assets had weighted-average lives as follows:
Weighted-Average
Life (years)
Revenue-generating contracts8
Client/vendor relationships5
Venue management10
All categories6
Changes in Goodwill by Segment
The following table presents the changes in the carrying amount of goodwill in each of our reportable segments for the three months ended March 31, 2026:
ConcertsTicketingSponsorship
& Advertising		Total
(in thousands)
Balance as of December 31, 2025:
Goodwill $1,615,188 $1,014,580 $694,773 $3,324,541 
Accumulated impairment losses(435,363)— — (435,363)
                 Net1,179,825 1,014,580 694,773 2,889,178 
Acquisitions—current year35,499 — 17,671 53,170 
Acquisitions—prior year1,504 (120)— 1,384 
Foreign exchange(3,467)(1,884)(5,138)(10,489)
Balance as of March 31, 2026:
Goodwill1,648,724 1,012,576 707,306 3,368,606 
Accumulated impairment losses(435,363)— — (435,363)
                 Net$1,213,361 $1,012,576 $707,306 $2,933,243 
[1] Other primarily includes crypto assets and intangible assets for non-compete agreements.
[2] Other primarily includes netdowns of fully amortized or impaired assets as well as mark-to-market adjustments of crypto assets.