Revenues (Tables)

12 Months Ended

Dec. 31, 2022

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,
	2022		2021		2020
Digital advertising	$	747,103	$	555,338	$	143,309
Broadcast advertising		161,713		154,297		152,677
Spectrum usage rights		6,036		6,195		5,429
Retransmission consent		36,022		37,041		36,766
Other		5,335		7,321		5,845
Total revenue	$	956,209	$	760,192	$	344,026

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

	Years Ended December 31,
	2022		2021		2020
Local direct	$	22,931	$	23,070	$	21,334
Local agency		54,094		59,865		48,702
National agency		84,688		71,362		82,641
Total revenue	$	161,713	$	154,297	$	152,677

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,
	2022		2021		2020
U.S.	$	247,371	$	235,876	$	220,574
Latin America		518,100		466,638		123,267
Asia		91,274		30,898		-
Rest of the World		99,464		26,780		185
Total revenue	$	956,209	$	760,192	$	344,026

Summary of Deferred Revenue

(in thousands)	December 31, 2021		Increase	Decrease *		December 31, 2022
Deferred revenue	$	5,942	7,175	(5,942	)	$	7,175

* The amount disclosed in the decrease column reflects revenue that has been recorded during the year ended December 31, 2022.

(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.