Revenues (Tables)

12 Months Ended

Dec. 31, 2021

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

Disaggregated Revenue

The following table presents our revenues disaggregated by major source (in thousands):

	Years Ended December 31,
	2021		2020		2019
Digital advertising	$	555,338	$	143,309	$	68,908
Broadcast advertising		154,297		152,677		148,082
Spectrum usage rights		6,195		5,429		13,061
Retransmission consent		37,041		36,766		35,362
Other		7,321		5,845		8,162
Total revenue	$	760,192	$	344,026	$	273,575

The following table further disaggregates the Company’s broadcast advertising revenue by sales channel (in thousands):

	Years Ended December 31,
	2021		2020		2019
Local direct	$	23,070	$	21,334	$	25,972
Local agency		59,865		48,702		58,425
National agency		71,362		82,641		63,685
Total revenue	$	154,297	$	152,677	$	148,082

The following table further disaggregates the Company’s revenue by geographical region, based on the location of the sales office (in thousands):

	Years Ended December 31,
	2021		2020		2019
U.S.	$	235,876	$	220,574	$	225,188
Latin America		466,638		123,267		48,155
Asia		30,898		-		-
Rest of the World		26,780		185		232
Total revenue	$	760,192	$	344,026	$	273,575

Summary of Deferred Revenue

(in thousands)	December 31, 2020		Increase	Decrease *		December 31, 2021
Deferred revenue	$	3,127	5,942	(3,127	)	$	5,942

* The amount disclosed in the decrease column reflects revenue that has been recorded during the year ended December 31, 2021.

(in thousands)	December 31, 2019		Increase	Decrease *		December 31, 2020
Deferred revenue	$	2,390	3,127	(2,390	)	$	3,127

* The amount disclosed in the decrease column reflects revenue that has been recorded during the year ended December 31, 2020.