Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

Summary of the Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the respective acquisition dates (in thousands):

	Picatic		Ticketea		Total
Cash	$	160	$	17,852	$	18,012
Funds and accounts receivable	10		1,058		1,068
Creator advances	—		532		532
Prepaid expenses and other current assets	87		94		181
Property and equipment	—		42		42
Other noncurrent assets	—		28		28
Accounts payable, creators	—		(19,671)		(19,671)
Other current liabilities	(121)		(529)		(650)
Intangible assets	507		3,094		3,601
Goodwill	2,219		8,937		11,156
Total purchase price	$	2,862	$	11,437	$	14,299

The following table summarizes the fair values of the assets acquired and liabilities assumed as of the respective acquisition dates (in thousands):

	Ticketfly		ticketscript		Total
Cash and restricted cash	$	23,339	$	3,492	$	26,831
Funds and accounts receivable	4,263		4,208		8,471
Creator advances	8,567		—		8,567
Prepaid expenses and other current assets	1,213		242		1,455
Property and equipment	2,619		425		3,044
Other noncurrent assets	15		238		253
Accounts payable, creators	(29,909)		(7,950)		(37,859)
Other current liabilities	(2,138)		(836)		(2,974)
Accrued taxes	(6,179)		(1,799)		(7,978)
Deferred tax liabilities	—		(2,401)		(2,401)
Intangible assets	76,300		11,800		88,100
Goodwill	123,011		26,030		149,041
Total purchase price	$	201,101	$	33,449	$	234,550

Finite-Lived Intangible Assets Acquired as Part of Business Combination

The following table sets forth the components of identifiable intangible assets acquired (in thousands) and their estimated useful lives (in years) as of the date of acquisition:

	Picatic		Estimated useful life	Ticketea		Estimated useful life
Customer relationships	$	507	2.5	$	2,475	5.0
Developed technology	—			619		1.0
Total acquired intangible assets	$	507		$	3,094

The following table sets forth the components of identifiable intangible assets acquired (in thousands) and their estimated useful lives as of the date of acquisition (in years):

	Ticketfly		Estimated useful life	ticketscript		Estimated useful life
Customer relationships	$	60,500	8.0	$	10,600	5.0
Developed technology	14,500		1.3	1,100		1.0
Trademark	1,300		1.3	100		1.0
Total acquired intangible assets	$	76,300		$	11,800