REVENUE (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Contract Assets and Liabilities Balances and Changes

Refer to the table below for information about receivables, contract assets and contract liabilities from contracts with customers. Accounts receivable balances in the table below exclude other receivables that are not generated from contracts with customers. These amounts are $0.6 million and $0.8 million as of September 30, 2023 and December 31, 2022, respectively.


Accounts Receivable - Contract Balances	September 30, 2023		December 31, 2022
	(amounts in thousands)
Receivables, net, included in Accounts receivable net of allowance for doubtful accounts	$	248,610	$	260,509
Unearned revenue - current	13,824		13,687
Unearned revenue - noncurrent	350		403

Significant changes in the contract liabilities balances during the period are as follows:


Unearned Contract Revenue	Nine Months Ended September 30, 2023
	(amounts in thousands)
Beginning balance on January 1, 2023	$	14,090
Revenue recognized during the period that was included in the beginning balance of contract liabilities	(7,902)
Additions, net of revenue recognized during period	7,986
Ending balance	$	14,174

Schedule of Disaggregation of Revenue

The following table presents the Company’s revenues disaggregated by revenue source:


	Three Months Ended September 30,
Revenue by Source	2023		2022
	(amounts in thousands)
Spot revenues	$	185,646	$	204,742
Digital revenues	64,792		62,685
Network revenues	22,516		23,663
Sponsorships and event revenues	13,825		13,760
Other revenues	12,387		12,119
Net revenues	$	299,166	$	316,969


	Nine Months Ended September 30,
Revenue by Source	2023		2022
	(amounts in thousands)
Spot revenues	$	532,069	$	584,363
Digital revenues	188,373		190,024
Network revenues	63,208		66,592
Sponsorships and event revenues	38,207		35,724
Other revenues	35,457		35,000
Net revenues	$	857,314	$	911,703