XML 61 R49.htm IDEA: XBRL DOCUMENT v3.24.1.u1
SEGMENT DATA (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Segment Reporting Information [Line Items]    
Revenue $ 799,038 $ 811,239
Operating expenses 694,421 717,815
Segment Adjusted EBITDA 104,617 93,424
Depreciation and amortization (105,162) (108,512)
Impairment charges (1,508) (3,947)
Other operating expense, net (572) (221)
Restructuring expenses (23,603) (19,454)
Share-based compensation expense (8,480) (10,152)
Operating loss (34,708) (48,862)
Capital expenditures 21,582 39,165
Operating segments | Multiplatform Group    
Segment Reporting Information [Line Items]    
Revenue 493,463 529,013
Operating expenses 416,281 441,961
Segment Adjusted EBITDA 77,182 87,052
Share-based compensation expense 0 0
Capital expenditures 11,704 26,424
Operating segments | Digital Audio Group    
Segment Reporting Information [Line Items]    
Revenue 238,968 223,396
Operating expenses 170,841 169,277
Segment Adjusted EBITDA 68,127 54,119
Share-based compensation expense 0 0
Capital expenditures 5,427 5,777
Operating segments | Audio & Media Services Group    
Segment Reporting Information [Line Items]    
Revenue 69,168 61,351
Operating expenses 45,473 46,007
Segment Adjusted EBITDA 23,695 15,344
Share-based compensation expense 0 0
Capital expenditures 2,257 3,887
Corporate and other reconciling items    
Segment Reporting Information [Line Items]    
Revenue 0 0
Operating expenses 64,387 63,091
Segment Adjusted EBITDA (64,387) (63,091)
Share-based compensation expense (8,480) (10,152)
Capital expenditures 2,194 3,077
Eliminations    
Segment Reporting Information [Line Items]    
Revenue (2,561) (2,521)
Operating expenses (2,561) (2,521)
Segment Adjusted EBITDA 0 0
Share-based compensation expense 0 0
Capital expenditures 0 0
Intersegment revenues    
Segment Reporting Information [Line Items]    
Revenue 2,561 2,521
Intersegment revenues | Multiplatform Group    
Segment Reporting Information [Line Items]    
Revenue 0 0
Intersegment revenues | Digital Audio Group    
Segment Reporting Information [Line Items]    
Revenue 1,185 1,189
Intersegment revenues | Audio & Media Services Group    
Segment Reporting Information [Line Items]    
Revenue $ 1,376 $ 1,332