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PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables)
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
The Company’s property, plant and equipment consisted of the following classes of assets:
(In thousands)June 30,
2025
December 31,
2024
Land, buildings and improvements$328,859 $335,502 
Towers, transmitters and studio equipment211,757 207,349 
Computer equipment and software707,023 741,259 
Furniture and other equipment53,827 54,108 
Construction in progress20,075 12,186 
1,321,541 1,350,404 
Less: accumulated depreciation870,291 860,561 
Property, plant and equipment, net$451,250 $489,843 
Schedule of Gross Carrying Amount and Accumulated Amortization for Other Intangible Assets
The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets.
(In thousands)June 30, 2025December 31, 2024
Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Customer / advertiser relationships$1,652,623 $(1,035,713)$1,652,623 $(967,377)
Talent and other contracts338,900 (266,910)338,900 (245,909)
Trademarks and tradenames335,912 (207,442)335,912 (190,450)
Other18,003 (15,228)18,003 (14,120)
Total$2,345,438 $(1,525,293)$2,345,438 $(1,417,856)
Schedule of Future Amortization Expense
The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets:
(In thousands)
2026$201,512 
2027176,171 
2028160,395 
2029121,622 
203016,430 
Schedule of Changes in Carrying Amount of Goodwill
The following table presents the changes in the carrying amount of goodwill:
(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupConsolidated
Balance as of December 31, 2024(1)
$731,501 $311,353 $62,302 $1,105,156 
Foreign currency— — 351 351 
Balance as of June 30, 2025
$731,501 $311,353 $62,653 $1,105,507 
(1)Beginning goodwill balance is presented net of prior accumulated impairment losses of $2.0 billion related to our Multiplatform Group, $439.4 million related to our Digital Audio Group and $41.6 million related to our Audio & Media Services Group.