Revenues (Tables)

9 Months Ended

Sep. 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				Nine-Month Period
	Ended September 30,				Ended September 30,
	2023		2022		2023		2022
Digital advertising	$	231,487	$	188,877	$	657,865	$	516,966
Broadcast advertising		30,791		39,965		91,401		106,769
Spectrum usage rights		2,086		1,584		6,310		4,793
Retransmission consent		8,925		8,926		27,872		27,159
Other		1,128		1,662		3,356		4,194
Total revenue	$	274,417	$	241,014	$	786,804	$	659,881

	Three-Month Period				Nine-Month Period
	Ended September 30,				Ended September 30,
	2023		2022		2023		2022
Local direct	$	5,485	$	5,935	$	16,273	$	17,365
Local agency		13,946		13,410		40,505		38,980
National agency		11,360		20,620		34,623		50,424
Total revenue	$	30,791	$	39,965	$	91,401	$	106,769

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				Nine-Month Period
	Ended September 30,				Ended September 30,
	2023		2022		2023		2022
United States	$	57,497	$	61,735	$	156,413	$	173,075
Latin America		152,926		130,515		439,075		373,353
EMEA (1)		36,350		27,287		110,107		55,902
Asia		27,644		21,477		81,209		57,551
Total revenue	$	274,417	$	241,014	$	786,804	$	659,881

(1) EMEA means Europe, Middle East and Africa.

Summary of Deferred Revenue

(in thousands)	December 31, 2022		Increase	Decrease *	September 30, 2023
Deferred revenue	$	7,175	6,302	(7,175)	$	6,302

* The amount reflects revenue that was deferred as of December 31, 2022 and has been recorded as revenue in the nine-month period ended September 30, 2023.