CONSOLIDATED FINANCIAL INFORMATION (Tables)
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6 Months Ended |
Jun. 30, 2025 |
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
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| Schedule Of General And Administrative Expense |
Amounts included in General and administrative were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Successor | | | Predecessor | | (in thousands) | Three Months Ended June 30, 2025 | | Period from February 8, 2025 to June 30, 2025 | | | Period from January 1, 2025 to February 7, 2025 | | Three Months Ended June 30, 2024 | | Six Months Ended June 30, 2024 | | Advertising, general and administrative | $ | 274,413 | | | $ | 414,829 | | | | $ | 100,969 | | | $ | 232,222 | | | $ | 456,423 | | | Acquisition and integration | 19,239 | | | 23,339 | | | | 2,199 | | | 5,845 | | | 10,697 | | | Merger costs | 4,546 | | | 20,421 | | | | 11,233 | | | 1,219 | | | 1,989 | | | Restructuring charges, net | — | | | — | | | | — | | | 376 | | | 18,989 | | | Impairment charges | — | | | — | | | | — | | | 12,757 | | | 12,757 | | | Total general and administrative | $ | 298,198 | | | $ | 458,589 | | | | $ | 114,401 | | | $ | 252,419 | | | $ | 500,855 | |
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| Schedule of Other Nonoperating Expense |
Amounts included in Other non-operating income (expense), net were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Successor | | | Predecessor | | (in thousands) | Three Months Ended June 30, 2025 | | Period from February 8, 2025 to June 30, 2025 | | | Period from January 1, 2025 to February 7, 2025 | | Three Months Ended June 30, 2024 | | Six Months Ended June 30, 2024 | | Loss on extinguishment of debt | $ | — | | | $ | (17,372) | | | | $ | — | | | $ | — | | | $ | — | | | Change in value of performance warrants | — | | | — | | | | (1,180) | | | 6,317 | | | 6,317 | | | Gain on fair value of fair value option assets | 60,723 | | | 66,267 | | | | — | | | — | | | — | | | Net income (loss) from equity method investments | 601 | | | 1,464 | | | | (594) | | | 234 | | | 789 | | | Foreign exchange gain (loss) | (6,538) | | | (4,947) | | | | 194 | | | 983 | | | 3,799 | | | Other, net | 2,178 | | | 2,522 | | | | (785) | | | (604) | | | 579 | | | Total other non-operating income (expense), net | $ | 56,964 | | | $ | 47,934 | | | | $ | (2,365) | | | $ | 6,930 | | | $ | 11,484 | |
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| Interest Income and Interest Expense Disclosure |
Amounts included in interest expense, net were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Successor | | | Predecessor | | (in thousands) | Three Months Ended June 30, 2025 | | Period from February 8, 2025 to June 30, 2025 | | | Period from January 1, 2025 to February 7, 2025 | | Three Months Ended June 30, 2024 | | Six Months Ended June 30, 2024 | | Interest income | $ | 3,889 | | | $ | 5,339 | | | | $ | (1) | | | $ | 6,226 | | | $ | 11,021 | | | Interest expense | (101,411) | | | (154,598) | | | | (27,228) | | | (80,426) | | | (158,352) | | | Total interest expense, net | $ | (97,522) | | | $ | (149,259) | | | | $ | (27,229) | | | $ | (74,200) | | | $ | (147,331) | |
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