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Revenues (Tables)
9 Months Ended
Sep. 30, 2019
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregation of Revenue by Major Source and by Sales Channel

The following table presents our revenues disaggregated by major source for the three- and nine-month periods ended (in thousands):

 

 

 

Three-Month Period

 

 

Nine-Month Period

 

 

 

Ended September 30,

 

 

Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Broadcast advertising

 

$

37,345

 

 

$

40,183

 

 

$

109,290

 

 

$

119,425

 

Digital advertising

 

 

17,612

 

 

 

22,431

 

 

 

48,888

 

 

 

61,233

 

Spectrum usage rights

 

 

2,669

 

 

 

1,178

 

 

 

11,705

 

 

 

1,809

 

Retransmission consent

 

 

8,795

 

 

 

8,432

 

 

 

26,641

 

 

 

26,428

 

Other

 

 

2,395

 

 

 

2,351

 

 

 

6,213

 

 

 

6,847

 

Total revenue

 

$

68,816

 

 

$

74,575

 

 

$

202,737

 

 

$

215,742

 

 

The following table further disaggregates the Company’s broadcast advertising revenue by sales channel for the three- and nine-month periods ended (in thousands):

 

 

Three-Month Period

 

 

Nine-Month Period

 

 

 

Ended September 30,

 

 

Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Local direct

 

$

6,781

 

 

$

6,750

 

 

$

19,292

 

 

$

20,725

 

Local agency

 

 

14,655

 

 

 

15,267

 

 

 

43,321

 

 

 

45,381

 

National agency

 

 

15,909

 

 

 

18,166

 

 

 

46,677

 

 

 

53,319

 

Total  revenue

 

$

37,345

 

 

$

40,183

 

 

$

109,290

 

 

$

119,425

 

 

Summary of Deferred Revenue

 

(in thousands)

December 31,

2018

 

Increase

 

Decrease *

 

 

September 30,

2019

 

Deferred revenue

$

2,759

 

1,177

 

(2,759

)

 

$

1,177

 

 

*

The amount disclosed in the decrease column reflects revenue that has been recorded in the nine-month period ended September 30, 2019.