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REVENUE
 6 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUEDisaggregation of Revenue
The following tables show revenue streams for the three and six months ended June 30, 2021 and 2020:
(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupEliminationsConsolidated
Three Months Ended June 30, 2021
Revenue from contracts with customers:
  Broadcast Radio(1)
$451,142 $— $— $— $451,142 
  Networks(2)
123,586 — — — 123,586 
  Sponsorship and Events(3)
28,585 — — — 28,585 
  Digital, excluding Podcast(4)
— 144,502 — (1,178)143,324 
  Podcast(5)
— 53,428 — — 53,428 
  Audio & Media Services(6)
— — 61,175 (2,004)59,171 
  Other(7)
2,192 — — (168)2,024 
     Total605,505 197,930 61,175 (3,350)861,260 
Revenue from leases(8)
345 — — — 345 
Revenue, total$605,850 $197,930 $61,175 $(3,350)$861,605 
Three Months Ended June 30, 2020
Revenue from contracts with customers:
  Broadcast Radio(1)
$244,035 $— $— $— $244,035 
  Networks(2)
96,330 — — — 96,330 
  Sponsorship and Events(3)
14,809 — — — 14,809 
  Digital, excluding Podcast(4)
— 71,984 — — 71,984 
  Podcast(5)
— 21,243 — — 21,243 
  Audio & Media Services(6)
— — 39,251 (1,779)37,472 
  Other(7)
1,544 — — (168)1,376 
Total356,718 93,227 39,251 (1,947)487,249 
Revenue from leases(8)
399 — — — 399 
Revenue, total$357,117 $93,227 $39,251 $(1,947)$487,648 
(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupEliminationsConsolidated
Six Months Ended June 30, 2021
Revenue from contracts with customers:
  Broadcast Radio(1)
$809,678 $— $— $— $809,678 
  Networks(2)
238,672 — — — 238,672 
  Sponsorship and Events(3)
50,978 — — — 50,978 
  Digital, excluding Podcast(4)
— 263,703 — (3,072)260,631 
  Podcast(5)
— 91,780 — — 91,780 
  Audio & Media Services(6)
— — 116,312 (3,865)112,447 
  Other(7)
3,590 — — (335)3,255 
     Total1,102,918 355,483 116,312 (7,272)1,567,441 
Revenue from leases(8)
829 — — — 829 
Revenue, total$1,103,747 $355,483 $116,312 $(7,272)$1,568,270 
Six Months Ended June 30, 2020
Revenue from contracts with customers:
  Broadcast Radio(1)
$705,695 $— $— $— $705,695 
  Networks(2)
230,907 — — — 230,907 
  Sponsorship and Events(3)
44,157 — — — 44,157 
  Digital, excluding Podcast(4)
— 148,905 — — 148,905 
  Podcast(5)
— 37,098 — — 37,098 
  Audio & Media Services(6)
— — 99,478 (3,590)95,888 
  Other(7)
5,103 — — (335)4,768 
Total985,862 186,003 99,478 (3,925)1,267,418 
Revenue from leases(8)
864 — — — 864 
Revenue, total$986,726 $186,003 $99,478 $(3,925)$1,268,282 

(1)Broadcast Radio revenue is generated through the sale of advertising time on the Company’s domestic radio stations.
(2)Networks revenue is generated through the sale of advertising on the Company’s Premiere and Total Traffic & Weather network programs and through the syndication of network programming to other media companies.
(3)Sponsorship and events revenue is generated through local events and major nationally-recognized tent pole events and include sponsorship and other advertising revenue, ticket sales, and licensing, as well as endorsement and appearance fees generated by on-air talent.
(4)Digital, excluding Podcast revenue is generated through the sale of streaming and display advertisements on digital platforms and through subscriptions to iHeartRadio streaming services.
(5)Podcast revenue is generated through the sale of advertising on the Company's podcast network.
(6)Audio & Media Services revenue is generated by services provided to broadcast industry participants through the Company’s Katz Media and RCS businesses. As a media representation firm, Katz Media generates revenue via commissions on media sold on behalf of the radio and television stations that it represents, while RCS generates revenue by providing broadcast and webcast software and technology and services to radio stations, television music channels, cable companies, satellite music networks and Internet stations worldwide.
(7)Other revenue represents fees earned for miscellaneous services, including on-site promotions, activations, and local marketing agreements.
(8)Revenue from leases is primarily generated by the lease of towers to other media companies, which are all categorized as operating leases.
Trade and Barter
Trade and barter transactions represent the exchange of advertising spots for merchandise, services, advertising and promotion or other assets in the ordinary course of business. The transaction price for these contracts is measured at the estimated fair value of the non-cash consideration received unless this is not reasonably estimable, in which case the consideration is measured based on the standalone selling price of the advertising spots promised to the customer. Trade and barter revenues and expenses, which are included in consolidated revenue and selling, general and administrative expenses, respectively, were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2021202020212020
  Trade and barter revenues$46,508 $19,753 $78,454 $72,431 
  Trade and barter expenses40,045 17,075 68,043 72,073 

The Company recognized barter revenue of $2.3 million and $0.2 million during the three months ended June 30, 2021 and 2020, respectively, and $4.5 million and $5.2 million during the six months ended June 30, 2021 and 2020, respectively, in connection with investments made in companies in exchange for advertising services. The following tables show the Company’s deferred revenue balance from contracts with customers:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2021202020212020
Deferred revenue from contracts with customers:
  Beginning balance(1)
$165,330 $175,321 $145,493 $162,068 
    Revenue recognized, included in beginning balance(55,762)(59,155)(60,185)(76,053)
    Additions, net of revenue recognized during period, and other40,163 61,864 64,423 92,015 
  Ending balance$149,731 $178,030 $149,731 $178,030 
(1) Deferred revenue from contracts with customers, which excludes other sources of deferred revenue that are not related to contracts with customers, is included within deferred revenue and other long-term liabilities on the Consolidated Balance Sheets, depending upon when revenue is expected to be recognized.

The Company’s contracts with customers generally have terms of one year or less; however, as of June 30, 2021, the Company expects to recognize $239.2 million of revenue in future periods for remaining performance obligations from current contracts with customers that have an original expected duration greater than one year, with substantially all of this amount to be recognized over the next five years. Commissions related to the Company’s media representation business have been excluded from this amount as they are contingent upon future sales.
Revenue from Leases
As of June 30, 2021, the future lease payments to be received by the Company are as follows:
(In thousands)
2021$534 
2022847 
2023759 
2024579 
2025393 
Thereafter1,828 
  Total$4,940