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Revenues (Tables) | 6 Months Ended
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Jun. 30, 2023
Revenue from Contract with Customer [Abstract] |
Summary of Disaggregation of Revenue by Major Source, Sales Channel and by Geographical Region Based on Location of Sales Office | The following table presents our revenues disaggregated by major source (in thousands):
|  | Three-Month Period |  |  | Six-Month Period |
|  | Ended June 30, |  |  | Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Digital advertising |  | $ | 229,896 |  |  | $ | 174,378 |  |  | $ | 426,378 |  |  | $ | 328,089 |
Broadcast advertising |  |  | 30,983 |  |  |  | 35,347 |  |  |  | 60,610 |  |  |  | 66,804 |
Spectrum usage rights |  |  | 2,078 |  |  |  | 1,674 |  |  |  | 4,224 |  |  |  | 3,209 |
Retransmission consent |  |  | 9,324 |  |  |  | 9,038 |  |  |  | 18,947 |  |  |  | 18,233 |
Other |  |  | 1,100 |  |  |  | 1,258 |  |  |  | 2,228 |  |  |  | 2,532 |
Total revenue |  | $ | 273,381 |  |  | $ | 221,695 |  |  | $ | 512,387 |  |  | $ | 418,867 |
|  | Three-Month Period |  |  | Six-Month Period |
|  | Ended June 30, |  |  | Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Local direct |  | $ | 5,480 |  |  | $ | 6,009 |  |  | $ | 10,788 |  |  | $ | 11,430 |
Local agency |  |  | 13,687 |  |  |  | 13,017 |  |  |  | 26,559 |  |  |  | 25,570 |
National agency |  |  | 11,816 |  |  |  | 16,321 |  |  |  | 23,263 |  |  |  | 29,804 |
Total revenue |  | $ | 30,983 |  |  | $ | 35,347 |  |  | $ | 60,610 |  |  | $ | 66,804 |
The following table further disaggregates the Company’s revenue by geographical region, based on the location of the sales office (in thousands):
|  | Three-Month Period |  |  | Six-Month Period |
|  | Ended June 30, |  |  | Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
U.S. |  | $ | 51,946 |  |  | $ | 59,069 |  |  | $ | 98,916 |  |  | $ | 111,340 |
Latin America |  |  | 154,231 |  |  |  | 127,669 |  |  |  | 286,149 |  |  |  | 242,838 |
Asia |  |  | 29,502 |  |  |  | 18,895 |  |  |  | 53,565 |  |  |  | 36,074 |
EMEA |  |  | 37,702 |  |  |  | 16,062 |  |  |  | 73,757 |  |  |  | 28,615 |
Total revenue |  | $ | 273,381 |  |  | $ | 221,695 |  |  | $ | 512,387 |  |  | $ | 418,867 |
Summary of Deferred Revenue |
(in thousands) | December 31, 2022 |  | Increase |  | Decrease * |  |  | June 30, 2023 |
Deferred revenue | $ | 7,175 |  | 7,080 |  | (7,175) |  |  | $ | 7,080 |
* The amount reflects revenue that was deferred as of December 31, 2022 and has been recorded as revenue in the six-month period ended June 30, 2023.

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