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Revenues (Tables)
6 Months Ended
Jun. 30, 2020
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-month periods ended (in thousands):

 

 

 

Three-Month Period

 

 

Six-Month Period

 

 

 

Ended June 30,

 

 

Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Broadcast advertising

 

$

22,589

 

 

$

37,237

 

 

$

61,317

 

 

$

71,945

 

Digital advertising

 

 

11,373

 

 

 

16,804

 

 

 

24,704

 

 

 

31,276

 

Spectrum usage rights

 

 

1,356

 

 

 

3,952

 

 

 

2,712

 

 

 

9,036

 

Retransmission consent

 

 

9,362

 

 

 

9,086

 

 

 

18,942

 

 

 

17,846

 

Other

 

 

436

 

 

 

2,162

 

 

 

1,690

 

 

 

3,818

 

Total revenue

 

$

45,116

 

 

$

69,241

 

 

$

109,365

 

 

$

133,921

 

 

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

 

 

Three-Month Period

 

 

Six-Month Period

 

 

 

Ended June 30,

 

 

Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Local direct

 

$

4,093

 

 

$

6,456

 

 

$

9,936

 

 

$

12,511

 

Local agency

 

 

7,873

 

 

 

14,966

 

 

 

21,439

 

 

 

28,666

 

National agency

 

 

10,623

 

 

 

15,815

 

 

 

29,942

 

 

 

30,768

 

Total  revenue

 

$

22,589

 

 

$

37,237

 

 

$

61,317

 

 

$

71,945

 

 

Summary of Deferred Revenue

 

(in thousands)

December 31,

2019

 

Increase

 

Decrease *

 

 

June 30,

2020

 

Deferred revenue

$

2,390

 

1,660

 

(2,390

)

 

$

1,660

 

 

*

The amount disclosed in the decrease column reflects revenue that has been recorded in the six-month period ended June 30, 2020.