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Segment Information
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company classifies its operations into two operating segments: Domestic Operations and International and Other. These operating segments represent strategic business units that are managed separately.
The Company evaluates segment performance based on several factors, of which the primary financial measure is operating segment adjusted operating income ("AOI"). The Company defines AOI as operating income (loss) before depreciation and amortization, cloud computing amortization, share-based compensation expenses or benefit, impairment and other charges (including gains or losses on sales or dispositions of businesses), restructuring and other related charges and including the Company’s proportionate share of adjusted operating income (loss) from majority-owned equity method
investees. The Company has presented the components that reconcile adjusted operating income to operating income, and other information as to the continuing operations of the Company's operating segments below.
(In thousands)Nine Months Ended September 30, 2023
Domestic OperationsInternational
and Other		Corporate / Inter-segment
Eliminations		Consolidated
Revenues, net
Subscription$1,013,419 $170,143 $— $1,183,562 
Content licensing and other246,093 76,668 (6,816)315,945 
   Distribution and other1,259,512 246,811 (6,816)1,499,507 
   Advertising475,359 58,163 — 533,522 
Consolidated revenues, net$1,734,871 $304,974 $(6,816)$2,033,029 
Operating income (loss)$523,645 $10,422 $(134,212)$399,855 
Share-based compensation expenses10,133 2,500 7,038 19,671 
Depreciation and amortization35,053 13,944 30,632 79,629 
Impairment and other charges5,400 24,882 — 30,282 
Restructuring and other related charges 3,940 1,642 16,955 22,537 
Cloud computing amortization15 — 6,800 6,815 
Majority-owned equity investees AOI11,019 — — 11,019 
Adjusted operating income (loss)$589,205 $53,390 $(72,787)$569,808 

(In thousands)Nine Months Ended September 30, 2022
Domestic OperationsInternational
and Other		Corporate / Inter-segment
Eliminations		Consolidated
Revenues, net
Subscription$1,040,110 $169,879 $— $1,209,989 
Content licensing and other191,473 103,513 (16,901)278,085 
   Distribution and other1,231,583 273,392 (16,901)1,488,074 
   Advertising582,451 61,500 — 643,951 
Consolidated revenues, net$1,814,034 $334,892 $(16,901)$2,132,025 
Operating income (loss)$573,943 $39,733 $(135,119)$478,557 
Share-based compensation expenses10,000 1,758 12,104 23,862 
Depreciation and amortization37,716 14,018 27,822 79,556 
Cloud computing amortization17 — 5,306 5,323 
Majority-owned equity investees AOI13,733 — — 13,733 
Adjusted operating income (loss)$635,409 $55,509 $(89,887)$601,031 
Subscription revenues in the Domestic Operations segment include revenues related to the Company's streaming services of $142.5 million and $131.2 million for the three months ended September 30, 2023 and 2022, respectively, and $420.8 million and $362.9 million for the nine months ended September 30, 2023 and 2022, respectively.
Corporate overhead costs not allocated to the segments include costs such as executive salaries and benefits and costs of maintaining corporate headquarters, facilities and common support functions.
Inter-segment eliminations are primarily licensing revenues recognized between the Domestic Operations and International and Other segments.
(In thousands)Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Inter-segment revenues
Domestic Operations$(1,825)$(3,864)$(6,451)$(14,308)
International and Other(17)(952)(365)(2,593)
$(1,842)$(4,816)$(6,816)$(16,901)

The table below summarizes revenues based on customer location:
(In thousands)Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Revenues
United States$524,044 $569,996 $1,681,909 $1,761,430 
Europe76,332 70,041 233,817 250,112 
Other36,578 41,806 117,303 120,483 
$636,954 $681,843 $2,033,029 $2,132,025 
One customer within the Domestic Operations segment accounted for approximately 12% and 13% of consolidated revenues, net for the three and nine months ended September 30, 2023, respectively. For the three and nine months ended September 30, 2022, one customer within the Domestic Operations segment accounted for approximately 12% and 10%, respectively, of consolidated revenues, net.
The table below summarizes property and equipment based on asset location:
(In thousands)September 30, 2023December 31, 2022
Property and equipment, net
United States$160,796 $187,833 
Europe10,795 12,520 
Other1,306 1,681 
$172,897 $202,034