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SEGMENT DATA (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023
Segment Reporting Information [Line Items] |  |  |  |
Revenue | $ 1,008,133 | $ 952,989 | $ 2,736,263 | $ 2,684,242
Operating expenses | 803,548 | 749,207 | 2,276,854 | 2,195,856
Segment Adjusted EBITDA | 204,585 | 203,782 | 459,409 | 488,386
Depreciation and amortization | (101,331) | (106,451) | (310,849) | (323,028)
Impairment charges | (412) | (570) | (922,144) | (965,087)
Other operating expense, net | (1,092) | (3,378) | (2,180) | (3,338)
Restructuring expenses | (16,767) | (16,227) | (67,928) | (46,469)
Share-based compensation expense | 8,263 | 8,191 | 23,963 | 27,555
Operating income (loss) | 76,720 | 68,965 | (867,655) | (877,091)
Capital expenditures | 29,420 | 28,518 | 72,174 | 90,456
Operating segments | Multiplatform Group |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenue | 619,544 | 626,383 | 1,688,914 | 1,751,340
Operating expenses | 489,672 | 463,939 | 1,377,597 | 1,339,441
Segment Adjusted EBITDA | 129,872 | 162,444 | 311,317 | 411,899
Share-based compensation expense | 0 | 0 | 0 | 0
Capital expenditures | 13,615 | 10,822 | 38,214 | 52,116
Operating segments | Digital Audio Group |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenue | 301,041 | 267,222 | 825,623 | 751,472
Operating expenses | 201,035 | 173,565 | 565,620 | 519,115
Segment Adjusted EBITDA | 100,006 | 93,657 | 260,003 | 232,357
Share-based compensation expense | 0 | 0 | 0 | 0
Capital expenditures | 5,924 | 6,069 | 17,043 | 17,348
Operating segments | Audio & Media Services Group |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenue | 90,050 | 61,979 | 229,300 | 189,134
Operating expenses | 45,641 | 45,003 | 137,347 | 138,315
Segment Adjusted EBITDA | 44,409 | 16,976 | 91,953 | 50,819
Share-based compensation expense | 0 | 0 | 0 | 0
Capital expenditures | 1,376 | 1,509 | 5,800 | 6,300
Corporate and other reconciling items |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenue | 0 | 0 | 0 | 0
Operating expenses | 69,702 | 69,295 | 203,864 | 206,689
Segment Adjusted EBITDA | (69,702) | (69,295) | (203,864) | (206,689)
Share-based compensation expense | 8,263 | 8,191 | 23,963 | 27,555
Capital expenditures | 8,505 | 10,118 | 11,117 | 14,692
Eliminations |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenue | (2,502) | (2,595) | (7,574) | (7,704)
Operating expenses | (2,502) | (2,595) | (7,574) | (7,704)
Segment Adjusted EBITDA | 0 | 0 | 0 | 0
Share-based compensation expense | 0 | 0 | 0 | 0
Capital expenditures | 0 | 0 | 0 | 0
Intersegment revenues |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenue | 2,502 | 2,595 | 7,574 | 7,704
Intersegment revenues | Multiplatform Group |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenue | 0 | 0 | 0 | 0
Intersegment revenues | Digital Audio Group |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenue | 1,189 | 1,222 | 3,549 | 3,627
Intersegment revenues | Audio & Media Services Group |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenue | $ 1,313 | $ 1,373 | $ 4,025 | $ 4,077

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