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REVENUE
 12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
The Company generates revenue from several sources:
•The primary source of revenue in the Multiplatform Group segment is the sale of advertising on the Company’s radio stations. This segment also generates revenues from programming talent, network syndication, traffic and weather data, live and virtual events and other miscellaneous transactions.
•The primary source of revenue in the Digital Audio Group segment is the sale of advertising on the Company’s podcast network, iHeartRadio mobile application and website, and station websites.
•The Company also generates revenue through contractual commissions realized from the sale of national spot and online advertising on behalf of clients of its full-service media representation business, Katz Media, which is reported in the Company’s Audio and Media Services Group segment.
Disaggregation of Revenue
The following table shows revenue streams for the Company for the years ended December 31, 2022, 2021, and 2020:
(In thousands)Multiplatform GroupDigital Audio GroupAudio and Media Services GroupEliminationsConsolidated
Year Ended December 31, 2022
Revenue from contracts with customers:
  Broadcast Radio(1)
$1,887,433 $— $— $— $1,887,433 
  Networks(2)
503,244 — — — 503,244 
  Sponsorship and Events(3)
188,985 — — — 188,985 
  Digital, excluding Podcast(4)
— 663,392 — (5,238)658,154 
  Podcast(5)
— 358,432 — — 358,432 
  Audio & Media Services(6)
— — 304,302 (5,348)298,954 
  Other(7)
16,140 — — (447)15,693 
     Total2,595,802 1,021,824 304,302 (11,033)3,910,895 
Revenue from leases(8)
1,388 — — — 1,388 
Revenue, total$2,597,190 $1,021,824 $304,302 $(11,033)$3,912,283 
Year Ended December 31, 2021
Revenue from contracts with customers:
  Broadcast Radio(1)
$1,812,252 $— $— $— $1,812,252 
  Networks(2)
503,052 — — — 503,052 
  Sponsorship and Events(3)
160,322 — — — 160,322 
  Digital, excluding Podcast(4)
— 581,918 — (5,845)576,073 
  Podcast(5)
— 252,564 — — 252,564 
  Audio & Media Services(6)
— — 247,957 (6,602)241,355 
  Other(7)
11,958 — — (670)11,288 
     Total2,487,584 834,482 247,957 (13,117)3,556,906 
Revenue from leases(8)
1,434 — — — 1,434 
Revenue, total$2,489,018 $834,482 $247,957 $(13,117)$3,558,340 
Year Ended December 31, 2020
Revenue from contracts with customers:
  Broadcast Radio(1)
$1,604,880 $— $— $— $1,604,880 
  Networks(2)
484,950 — — — 484,950 
  Sponsorship and Events(3)
107,654 — — — 107,654 
  Digital, excluding Podcast(4)
— 372,687 — — 372,687 
  Podcast(5)
— 101,684 — — 101,684 
  Audio & Media Services(6)
— — 274,749 (7,086)267,663 
  Other(7)
7,276 — — (670)6,606 
     Total2,204,760 474,371 274,749 (7,756)2,946,124 
Revenue from leases(8)
2,094 — 2,094 
Revenue, total$2,206,854 $474,371 $274,749 $(7,756)$2,948,218 

(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 and 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, other advertising 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:
Year Ended December 31,
(In thousands)202220212020
Consolidated:
  Trade and barter revenues$229,009 $175,519 $158,383 
  Trade and barter expenses188,161 149,846 154,715 

The Company recognized barter revenue of $40.7 million, $16.3 million and $10.5 million for the year ended December 31, 2022, 2021, and 2020, respectively, in connection with investments made in companies in exchange for advertising services.

Deferred Revenue
The following tables show the Company’s deferred revenue balance from contracts with customers:
Year Ended December 31,
(In thousands)202220212020
Deferred revenue from contracts with customers:
  Beginning balance(1)
$161,114 $145,493 $162,068 
    Revenue recognized, included in beginning balance(117,947)(93,195)(95,531)
    Additions, net of revenue recognized during period, and other114,743108,81678,956
  Ending balance$157,910 $161,114 $145,493 
(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 a term of one year or less; however, as of December 31, 2022, the Company expects to recognize $320.8 million of revenue in future periods for remaining performance obligations from current contracts with customers that have an original expected duration of 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 December 31, 2022, the future lease payments to be received by the Company are as follows:
(In thousands)
2023$959 
2024723 
2025541 
2026425 
2027372 
Thereafter1,259 
  Total minimum future rentals$4,279