INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of the Changes in Broadcasting License

The following table presents the changes in the carrying value of broadcasting licenses. Refer to Note 3, Acquisitions and Dispositions, and Note 20, Assets Held for Sale, for additional information.

	As of December 31,
Broadcasting Licenses Carrying Amount	2023		2022
	(amounts in thousands)
Broadcasting licenses balance as of January 1,	$	2,089,226	$	2,251,546
Disposition of radio stations (see Note 3)	(4,956)		(4,377)
Acquisitions (see Note 3)	—		2,002
Loss on impairment (See Note 12)	(1,289,499)		(159,089)
Assets held for sale (see Note 20)	—		(856)
Ending period balance	$	794,771	$	2,089,226

Schedule of Changes in Goodwill

The following table presents the changes in goodwill. Refer to Note 3, Acquisitions and Dispositions, for additional information.

	As of December 31,
Goodwill Carrying Amount	2023		2022
	(amounts in thousands)
Goodwill balance before cumulative loss on impairment as of January 1,	$	1,062,588	$	1,062,723
Accumulated loss on impairment as of January 1,	(998,673)		(980,547)
Goodwill beginning balance after cumulative loss on impairment as of January 1,	63,915		82,176
Loss on impairment (see Note 12)	—		(18,126)
Measurement period adjustments to acquired goodwill	—		(135)
Ending period balance	$	63,915	$	63,915
Goodwill, net of cumulative loss on impairment
Goodwill balance before cumulative loss on impairment as of December 31,	$	1,062,588	$	1,062,588
Accumulated loss on impairment as of December 31,	(998,673)		(998,673)
Goodwill ending balance as of December 31,	$	63,915	$	63,915

Schedule of Assumptions and Estimates for Broadcasting Licenses Impairment Testing

The following table reflects the estimates and assumptions used in the interim and annual broadcasting licenses impairment assessments of each year.

	Estimates and Assumptions
	Fourth Quarter 2023		Third Quarter 2023		Second Quarter 2023		Fourth Quarter 2022		Third Quarter 2022
Discount rate	15.00	%	10.00	%	9.50	%	9.50	%	9.50	%
Operating profit margin ranges for average stations in markets where the Company operates	15% to 31%		18% to 32%		18% to 32%		18% to 33%		20% to 33%
Forecasted growth rate (including long-term growth rate) range of the Company's markets	(2.5)% to 0%		(2.0)% to 0%		0% to 1%		0.0% to 0.6%		0.0% to 0.6%

Schedule of Assumptions and Estimates for Goodwill Impairment Testing

The following table reflects the estimates and assumptions used in the interim and annual goodwill impairment assessments of each year:

Estimates and Assumptions	Fourth Quarter 2023		Third Quarter 2023		Second Quarter 2023		Fourth Quarter 2022		Third Quarter 2022
Discount rate - podcast reporting unit	16.0	%	11.5	%	11.5	%	11.0	%	11.0	%
Discount rate - QLGG reporting unit	not applicable		not applicable		not applicable		not applicable		13.0	%

Schedule of Software and Other Intangible Assets

The table below presents software and other intangible assets carried on the Company's consolidated balance sheet:

	Definite-Lived Intangibles
	As of December 31, 2023						As of December 31, 2022
	Asset		Accumulated Amortization		Net		Asset		Accumulated Amortization		Net		Period Of Amortization
	(amounts in thousands)
Deferred contracts(1)	$	1,253	$	1,253	$	—	$	1,362	$	1,362	$	—	Term of contract
Software costs	218,190		89,062		129,128		200,273		48,444		151,829		3 to 7 years
Advertiser lists and customer relationships (1)	31,674		31,652		22		31,674		30,973		701		3 to 5 years
Other definite-lived assets(1)	26,762		16,278		10,484		26,761		15,095		11,666		Term of contract
Total definite-lived intangibles	$	277,879	$	138,245	$	139,634	$	260,070	$	95,874	$	164,196

(1)Deferred contracts, advertiser list and customer relationships and other definite-lived assets are recorded in Other assets on the balance sheet.

Schedule of Finite-Lived Intangible Assets Amortization Expense

The following table presents the various categories of amortization expense:

	Year Ended December 31,
Amortization Expense	2023		2022
	(amounts in thousands)
Software Costs	$	40,639	$	24,888
Definite-lived assets	2,004		7,798
Total	$	42,643	$	32,686

Schedule of Future Estimated Amortization Expense

The following table presents the Company’s estimate of amortization expense, for each of the five succeeding years for: (i) software costs; and (ii) definite-lived assets:

Future Amortization Expense	Definite-Lived Assets
Years ending December 31,
2024	$	55,584
2025	44,552
2026	21,880
2027	7,015
2028	4,402
Thereafter	6,201
Total	$	139,634