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REVENUE
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Disaggregation of Revenue
The following tables show revenue streams for the three and nine months ended September 30, 2022 and 2021:
(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupEliminationsConsolidated
Three Months Ended September 30, 2022
Revenue from contracts with customers:
  Broadcast Radio(1)
$485,571 $— $— $— $485,571 
  Networks(2)
127,239 — — — 127,239 
  Sponsorship and Events(3)
42,562 — — — 42,562 
  Digital, excluding Podcast(4)
— 162,700 — (1,314)161,386 
  Podcast(5)
— 91,253 — — 91,253 
  Audio & Media Services(6)
— — 77,794 (1,287)76,507 
  Other(7)
4,106 — — (112)3,994 
     Total659,478 253,953 77,794 (2,713)988,512 
Revenue from leases(8)
418 — — — 418 
Revenue, total$659,896 $253,953 $77,794 $(2,713)$988,930 
Three Months Ended September 30, 2021
Revenue from contracts with customers:
  Broadcast Radio(1)
$483,456 $— $— $— $483,456 
  Networks(2)
127,920 — — — 127,920 
  Sponsorship and Events(3)
42,663 — — — 42,663 
  Digital, excluding Podcast(4)
— 141,573 — (1,475)140,098 
  Podcast(5)
— 64,196 — — 64,196 
  Audio & Media Services(6)
— — 66,078 (1,188)64,890 
  Other(7)
4,636 — — (112)4,524 
Total658,675 205,769 66,078 (2,775)927,747 
Revenue from leases(8)
304 — — — 304 
Revenue, total$658,979 $205,769 $66,078 $(2,775)$928,051 
(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupEliminationsConsolidated
Nine Months Ended September 30, 2022
Revenue from contracts with customers:
  Broadcast Radio(1)
$1,365,356 $— $— $— $1,365,356 
  Networks(2)
372,329 — — — 372,329 
  Sponsorship and Events(3)
114,226 — — — 114,226 
  Digital, excluding Podcast(4)
— 475,254 — (3,959)471,295 
  Podcast(5)
— 245,479 — — 245,479 
  Audio & Media Services(6)
— — 209,716 (4,006)205,710 
  Other(7)
11,372 — — (447)10,925 
     Total1,863,283 720,733 209,716 (8,412)2,785,320 
Revenue from leases(8)
1,073 — — — 1,073 
Revenue, total$1,864,356 $720,733 $209,716 $(8,412)$2,786,393 
Nine Months Ended September 30, 2021
Revenue from contracts with customers:
  Broadcast Radio(1)
$1,293,134 $— $— $— $1,293,134 
  Networks(2)
366,592 — — — 366,592 
  Sponsorship and Events(3)
93,641 — — — 93,641 
  Digital, excluding Podcast(4)
— 405,276 — (4,547)400,729 
  Podcast(5)
— 155,976 — — 155,976 
  Audio & Media Services(6)
— — 182,390 (5,053)177,337 
  Other(7)
8,226 — — (447)7,779 
Total1,761,593 561,252 182,390 (10,047)2,495,188 
Revenue from leases(8)
1,133 — — — 1,133 
Revenue, total$1,762,726 $561,252 $182,390 $(10,047)$2,496,321 

(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 software and media streaming, along with research services for radio stations, broadcast television stations, cable channels, record labels, ad agencies 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
September 30,		Nine Months Ended
September 30,
(In thousands)2022202120222021
  Trade and barter revenues$72,160 $49,200 $157,751 $127,654 
  Trade and barter expenses38,001 33,955 113,752 101,998 

Trade and barter revenue includes $14.9 million and $4.9 million during the three months ended September 30, 2022 and 2021, respectively, and $27.2 million and $9.4 million during the nine months ended September 30, 2022 and 2021, 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
September 30,		Nine Months Ended
September 30,
(In thousands)2022202120222021
Deferred revenue from contracts with customers:
  Beginning balance(1)
$189,679 $149,731 $161,114 $145,493 
    Revenue recognized, included in beginning balance(76,172)(52,406)(111,443)(84,375)
    Additions, net of revenue recognized during period, and other64,879 56,799 128,715 93,006 
  Ending balance$178,386 $154,124 $178,386 $154,124 
(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 September 30, 2022, the Company expects to recognize $387.2 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 September 30, 2022, the future lease payments to be received by the Company are as follows:
(In thousands)
2022$277 
2023837 
2024590 
2025405 
2026321 
Thereafter1,526 
  Total$3,956