Revenues (Tables)

3 Months Ended

Mar. 31, 2024

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
	Ended March 31,
	2024		2023
Digital advertising	$	237,491	$	196,482
Broadcast advertising		27,837		29,627
Spectrum usage rights		1,760		2,146
Retransmission consent		9,155		9,623
Other		1,202		1,128
Total revenue	$	277,445	$	239,006

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

	Three-Month Period
	Ended March 31,
	2024		2023
Local direct	$	5,035	$	5,308
Local agency		12,903		12,872
National agency		9,899		11,447
Total revenue	$	27,837	$	29,627

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
	Ended March 31,
	2024		2023
United States	$	57,451	$	46,970
Latin America		150,068		131,918
EMEA (1)		45,916		36,055
Asia		24,010		24,063
Total revenue	$	277,445	$	239,006

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

Summary of Deferred Revenue

(in thousands)	December 31, 2023		Increase	Decrease	March 31, 2024
Deferred revenue	$	4,114	6,759	(4,114)	$	6,759