Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.4.0.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue    
Advertising $ 220,308 $ 178,739
Subscription and other 54,732 52,025
Ticketing service 22,265 0
Total revenue 297,305 230,764
Cost of revenue    
Cost of revenue - Content acquisition costs 171,264 126,023
Cost of revenue - Other 20,999 16,233
Cost of revenue - Ticketing service 14,646 0
Total cost of revenue 206,909 142,256
Gross profit 90,396 88,508
Operating expenses    
Product development 35,846 15,875
Sales and marketing 117,622 84,274
General and administrative 46,296 36,754
Total operating expenses 199,764 136,903
Loss from operations (109,368) (48,395)
Interest expense (6,175) (131)
Other income, net 862 328
Total other income (expense), net (5,313) 197
Loss before provision for income taxes (114,681) (48,198)
Provision for income taxes (421) (59)
Net loss $ (115,102) $ (48,257)
Weighted-average common shares outstanding used in computing basic and diluted net loss per share (in shares) 226,659 209,928
Net loss per share, basic and diluted (in dollars per share) $ (0.51) $ (0.23)