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Revenues
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenues
NOTE 2 — Revenues

Revenues are recognized when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services.

The Company's condensed consolidated statements of operations and comprehensive income (loss) present revenues disaggregated by revenue type. Sales taxes and other usage-based taxes are excluded from revenues.
The following tables present our revenues disaggregated by segment and revenue type:

Three months ended June 30, 2024
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsCorporate and otherIntersegment eliminationsConsolidated
Digital advertising$70,922 $13,543 $— $— $— $84,465 
Digital marketing services35,967 1,925 123,798 — (38,377)123,313 
Digital-only subscription44,622 1,660 — — — 46,282 
Digital other
20,444 2,616 — 1,258 — 24,318 
Digital171,955 19,744 123,798 1,258 (38,377)278,378 
Print advertising119,000 19,904 — — — 138,904 
Print circulation146,690 16,633 — — — 163,323 
Commercial and other(a)
54,264 4,971 — — — 59,235 
Print and commercial319,954 41,508    361,462 
Total revenues(b)
$491,909 $61,252 $123,798 $1,258 $(38,377)$639,840 
(a)     For the three months ended June 30, 2024, included in Commercial and other revenues was Commercial printing and delivery revenues of $37.3 million and $2.6 million at the Domestic Gannett Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 11.1% of total revenues for the three months ended June 30, 2024.
Three months ended June 30, 2023
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsCorporate and otherIntersegment eliminationsConsolidated
Digital advertising$69,175 $12,321 $— $— $— $81,496 
Digital marketing services35,357 2,301 122,789 — (37,908)122,539 
Digital-only subscription36,601 1,255 — — — 37,856 
Digital other
15,898 2,641 — 1,673 — 20,212 
Digital157,031 18,518 122,789 1,673 (37,908)262,103 
Print advertising131,311 17,964 — — — 149,275 
Print circulation178,264 17,492 — — — 195,756 
Commercial and other(a)
61,588 3,635 — — — 65,223 
Print and commercial371,163 39,091    410,254 
Total revenues(b)
$528,194 $57,609 $122,789 $1,673 $(37,908)$672,357 
(a) For the three months ended June 30, 2023, included in Commercial and other revenues was Commercial printing and delivery revenues of $45.0 million and $1.9 million at the Domestic Gannett Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 10.0% of total revenues for the three months ended June 30, 2023.
Six months ended June 30, 2024
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsCorporate and otherIntersegment eliminationsConsolidated
Digital advertising$141,863 $27,068 $— $— $— $168,931 
Digital marketing services72,053 4,013 240,843 — (77,182)239,727 
Digital-only subscription86,533 3,228 — — — 89,761 
Digital other
39,241 5,355 — 2,862 — 47,458 
Digital339,690 39,664 240,843 2,862 (77,182)545,877 
Print advertising234,619 38,961 — — — 273,580 
Print circulation302,936 33,710 — — — 336,646 
Commercial and other(a)
110,383 9,115 — — — 119,498 
Print and commercial647,938 81,786    729,724 
Total revenues(b)
$987,628 $121,450 $240,843 $2,862 $(77,182)$1,275,601 
(a) For the six months ended June 30, 2024, included in Commercial and other revenues was Commercial printing and delivery revenues of $77.8 million and $5.1 million at the Domestic Gannett Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 11.1% of total revenues for the six months ended June 30, 2024.
Six months ended June 30, 2023
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsCorporate and otherIntersegment eliminationsConsolidated
Digital advertising$136,849 $24,857 $— $— $— $161,706 
Digital marketing services67,422 4,495 235,606 — (72,301)235,222 
Digital-only subscription71,279 2,408 — — — 73,687 
Digital other
30,789 5,106 — 3,071 — 38,966 
Digital306,339 36,866 235,606 3,071 (72,301)509,581 
Print advertising259,488 37,741 — — — 297,229 
Print circulation366,767 34,443 — — — 401,210 
Commercial and other(a)
125,537 7,717 — — — 133,254 
Print and commercial751,792 79,901    831,693 
Total revenues(b)
$1,058,131 $116,767 $235,606 $3,071 $(72,301)$1,341,274 
(a) For the six months ended June 30, 2023, included in Commercial and other revenues was Commercial printing and delivery revenues of $94.1 million and $3.9 million at the Domestic Gannett Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 10.1% of total revenues for the six months ended June 30, 2023.
Deferred revenues
The Company records deferred revenues when cash payments are received in advance of the Company's performance obligation. The Company's primary source of deferred revenues is from circulation subscriptions paid in advance of the service provided, which represents future delivery of publications (the performance obligation) to subscription customers. The Company expects to recognize the revenue related to unsatisfied performance obligations over the next one to twelve months in accordance with the terms of the subscriptions.

The Company's payment terms vary by the type and location of the customer and the products or services offered. The period between invoicing and when payment is due is not significant. For certain products or services and customer types, the Company requires payment before the products or services are delivered to the customer. The majority of our subscription customers are billed and pay on monthly terms.

The following table presents the change in the deferred revenues balance:

Six months ended June 30,
In thousands20242023
Beginning balance$120,502 $153,648 
Receipts, net of refunds544,626 546,494 
Revenue recognized(552,869)(562,664)
Ending balance$112,259 $137,478