v3.25.2
Segment Information (Summary of Continuing Operations by Reportable Segment) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Total consolidated revenues, net $ 600,024 $ 625,934 $ 1,155,257 $ 1,222,395
Segment adjusted operating income 141,076 184,613 274,851 360,332
Unallocated corporate overhead costs (30,595) (31,436) (59,883) (57,731)
Share-based compensation expenses (8,043) (8,457) (13,800) (14,532)
Depreciation and amortization (26,446) (26,493) (47,372) (52,319)
Impairment and other charges 0 (96,819) 0 (96,819)
Restructuring and other related charges (3,529) (2,931) (8,318) (2,931)
Cloud computing amortization (2,725) (3,283) (5,938) (6,831)
Majority-owned equity investees AOI (4,174) (4,036) (9,777) (7,533)
Operating income 64,469 10,788 128,666 120,966
Interest expense (42,460) (43,216) (85,852) (76,057)
Interest income 8,205 9,292 16,620 18,177
Gain on extinguishment of debt, net 25,745 247 25,745 247
Miscellaneous, net 12,819 1,493 20,707 (3,697)
Income (loss) from operations before income taxes 68,778 (21,396) 105,886 59,636
Domestic Operations        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 525,242 536,848 1,011,229 1,059,229
Restructuring and other related charges 850 (2,931) 2,421 (2,931)
International        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 74,782 89,086 144,028 163,166
Restructuring and other related charges (4,379) 0 (10,739) 0
Operating Segments        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 602,388 628,386 1,158,641 1,228,217
Operating Segments | Domestic Operations        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 526,853 538,291 1,013,160 1,062,517
Content expenses 215,673 206,242 413,762 407,213
Marketing, research, and advertising sales expenses 90,804 83,320 171,469 162,585
Other 94,037 93,381 177,666 175,052
Segment adjusted operating income 126,339 155,348 250,263 317,667
Operating Segments | International        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 75,535 90,095 145,481 165,700
Content expenses 16,754 16,306 35,005 33,509
Marketing, research, and advertising sales expenses 4,802 5,242 9,081 9,105
Other 39,242 39,282 76,807 80,421
Segment adjusted operating income 14,737 29,265 24,588 42,665
Inter-segment revenues (Content licensing and other)        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 2,364 2,452 3,384 5,822
Elimination of inter-segment profits (1,095) (370) (1,097) (670)
Inter-segment revenues (Content licensing and other) | Domestic Operations        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 1,611 1,443 1,931 3,288
Inter-segment revenues (Content licensing and other) | International        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 753 1,009 1,453 2,534
Subscription        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 367,428 372,180 725,503 745,587
Subscription | Domestic Operations        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 320,359 322,576 633,732 645,134
Subscription | International        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 47,069 49,604 91,771 100,453
Advertising        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 148,609 186,723 290,465 348,101
Advertising | Domestic Operations        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 122,606 149,200 241,854 289,054
Advertising | International        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 26,003 37,523 48,611 59,047
Content licensing and other        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 83,987 67,031 139,289 128,707
Content licensing and other | Domestic Operations        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net 82,277 65,072 135,643 125,041
Content licensing and other | International        
Segment Reporting Information [Line Items]        
Total consolidated revenues, net $ 1,710 $ 1,959 $ 3,646 $ 3,666