Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Summary of Continuing Operations by Reportable Segment

below.

(In thousands)	Three Months Ended March 31, 2024
	Domestic Operations		International		Corporate / Inter-segment Eliminations		Consolidated
Revenues, net
Subscription	$	322,558	$	50,849	$	—	$	373,407
Content licensing and other	61,814		3,232		(3,370)		61,676
Distribution and other	384,372		54,081		(3,370)		435,083
Advertising	139,854		21,524		—		161,378
Consolidated revenues, net	$	524,226	$	75,605	$	(3,370)	$	596,461
Operating income (loss)	$	142,017	$	8,609	$	(40,448)	$	110,178
Share-based compensation expenses	3,230		766		2,079		6,075
Depreciation and amortization	10,027		4,025		11,774		25,826
Cloud computing amortization	3,548		—		—		3,548
Majority-owned equity investees AOI	3,497		—		—		3,497
Adjusted operating income (loss)	$	162,319	$	13,400	$	(26,595)	$	149,124

(In thousands)	Three Months Ended March 31, 2023
	Domestic Operations		International		Corporate / Inter-segment Eliminations		Consolidated
Revenues, net
Subscription	$	347,530	$	56,690	$	—	$	404,220
Content licensing and other	103,263		32,860		(2,479)		133,644
Distribution and other	450,793		89,550		(2,479)		537,864
Advertising	161,061		18,522		—		179,583
Consolidated revenues, net	$	611,854	$	108,072	$	(2,479)	$	717,447
Operating income (loss)	$	199,488	$	14,142	$	(40,326)	$	173,304
Share-based compensation expenses	4,447		839		359		5,645
Depreciation and amortization	11,854		4,771		9,250		25,875
Restructuring and other related charges	818		1,385		3,730		5,933
Cloud computing amortization	5		—		2,225		2,230
Majority-owned equity investees AOI	2,776		—		—		2,776
Adjusted operating income (loss)	$	219,388	$	21,137	$	(24,762)	$	215,763

Schedule of Summary of Inter-Segment Eliminations

Inter-segment eliminations are primarily licensing revenues recognized between the Domestic Operations and International segments.

(In thousands)	Three Months Ended March 31,
	2024		2023
Inter-segment revenues
Domestic Operations	$	(1,845)	$	(2,214)
International	(1,525)		(265)
	$	(3,370)	$	(2,479)

Schedule of Revenue by Geographic Area

The table below summarizes revenues based on customer location:

(In thousands)	Three Months Ended March 31,
	2024		2023
Revenues
United States	$	484,093	$	606,228
Europe	77,251		73,767
Other	35,117		37,452
	$	596,461	$	717,447

Schedule of Disclosure on Geographic Areas, Long-Lived Assets

The table below summarizes property and equipment based on asset location:

(In thousands)	March 31, 2024		December 31, 2023
Property and equipment, net
United States	$	135,788	$	146,314
Europe	10,930		11,850
Other	1,254		1,073
	$	147,972	$	159,237