Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue    
Advertising $ 223,308 $ 220,308
Subscription and other 64,878 54,732
Ticketing service 27,818 22,265
Total revenue 316,004 297,305
Cost of revenue    
Cost of revenue—Content acquisition costs 187,420 171,264
Cost of revenue—Other 25,532 21,195
Cost of revenue—Ticketing service 18,618 14,646
Total cost of revenue 231,570 207,105
Gross profit 84,434 90,200
Operating expenses    
Product development 39,588 35,611
Sales and marketing 125,102 117,433
General and administrative 44,525 46,524
Total operating expenses 209,215 199,568
Loss from operations (124,781) (109,368)
Interest expense (7,381) (6,175)
Other income, net 229 862
Total other expense, net (7,152) (5,313)
Loss before provision for income taxes (131,933) (114,681)
Provision for income taxes (334) (421)
Net loss $ (132,267) $ (115,102)
Weighted-average common shares outstanding used in computing basic and diluted net loss per share 237,515 226,659
Net loss per share, basic and diluted (in dollars per share) $ (0.56) $ (0.51)