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SEGMENT DATA
 3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
SEGMENT DATA SEGMENT DATAThe Company’s primary businesses are included in its Multiplatform Group and Digital Audio Group segments. Revenue and expenses earned and charged between Multiplatform Group, Digital Audio Group, Audio & Media Services Group, and Corporate are eliminated in consolidation.  The Multiplatform Group provides media and entertainment services via broadcast delivery and also includes the Company’s events and national syndication businesses. The Digital Audio Group provides media and entertainment services via digital delivery.  The Audio & Media Services Group provides other audio and media services, including the Company’s media representation business (Katz Media) and its provider of scheduling and broadcast software (RCS).  Corporate includes infrastructure and support, including executive, information technology, human resources, legal, finance and administrative functions for the Company’s businesses. Share-based payments are recorded in Selling, general and administrative expense.
The following tables present the Company's segment results for the Company for the three months ended March 31, 2023 and 2022:
Segments
(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupCorporate and other reconciling itemsEliminationsConsolidated
Three Months Ended March 31, 2023
Revenue$529,013 $223,396 $61,351 $— $(2,521)$811,239 
Operating expenses(1)
441,961 169,277 46,007 63,091 (2,521)717,815 
Segment Adjusted EBITDA(2)
$87,052 $54,119 $15,344 $(63,091)$— $93,424 
Depreciation and amortization(108,512)
Impairment charges(3,947)
Other operating expense, net(221)
Restructuring expenses(19,454)
Share-based compensation expense(10,152)
Operating loss$(48,862)
Intersegment revenues$— $1,189 $1,332 $— $— $2,521 
Capital expenditures26,424 5,777 3,887 3,077 — 39,165 
Share-based compensation expense— — — 10,152 — 10,152 
Segments
(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupCorporate and other reconciling itemsEliminationsConsolidated
Three Months Ended March 31, 2022
Revenue$571,160 $214,219 $60,857 $— $(2,778)$843,458 
Operating expenses(1)
437,253 161,711 44,470 57,584 (2,778)698,240 
Segment Adjusted EBITDA(2)
$133,907 $52,508 $16,387 $(57,584)$— $145,218 
Depreciation and amortization(114,051)
Impairment charges(1,334)
Other operating expense, net(870)
Restructuring expenses(11,093)
Share-based compensation expense(5,535)
Operating income$12,335 
Intersegment revenues$168 $1,269 $1,341 $— $— $2,778 
Capital expenditures12,338 5,156 1,699 3,364 — 22,557 
Share-based compensation expense— — — 5,535 — 5,535 
(1) Consolidated operating expenses consist of Direct operating expenses and Selling, general and administrative expenses and exclude Restructuring expenses, share-based compensation expenses and depreciation and amortization.
(2) For a definition of Adjusted EBITDA for the consolidated company and a reconciliation to Operating income (loss), the most closely comparable GAAP measure, and to Net loss, please see "Reconciliation of Operating Income (Loss) to Adjusted EBITDA" and "Reconciliation of Net Loss to EBITDA and Adjusted EBITDA" in Item 2 of this Quarterly Report on Form 10-Q. Beginning on January 1, 2021, Segment Adjusted EBITDA became the segment profitability metric reported to the Company's Chief Operating Decision Maker for purposes of making decisions about allocation of resources to, and assessing performance of, each reportable segment.