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Revenues (Tables)
3 Months Ended
Mar. 31, 2021
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

 

 

 

Ended March 31,

 

 

 

2021

 

 

2020

 

Broadcast advertising

 

$

33,675

 

 

$

38,728

 

Digital advertising

 

 

101,482

 

 

 

13,331

 

Spectrum usage rights

 

 

2,844

 

 

 

1,356

 

Retransmission consent

 

 

9,647

 

 

 

9,580

 

Other

 

 

1,232

 

 

 

1,254

 

Total revenue

 

$

148,880

 

 

$

64,249

 

 

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

 

 

 

Ended March 31,

 

 

 

2021

 

 

2020

 

Local direct

 

$

5,240

 

 

$

5,843

 

Local agency

 

 

13,188

 

 

 

13,566

 

National agency

 

 

15,247

 

 

 

19,319

 

Total  revenue

 

$

33,675

 

 

$

38,728

 

 

Summary of Deferred Revenue

 

(in thousands)

December 31,

2020

 

Increase

 

Decrease *

 

 

March 31,

2021

 

Deferred revenue

$

3,127

 

3,598

 

(3,127)

 

 

$

3,598

 

 

* The amount reflects revenue that has been recorded in the three-month period ended March 31, 2021.