PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| Property, Plant and Equipment [Abstract] |
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| Schedule of Property, Plant and Equipment |
The Company’s property, plant and equipment consisted of the following classes of assets: | | | | | | | | | | | | | (In thousands) | March 31,
2026 | | December 31,
2025 | | Land, buildings and improvements | $ | 304,423 | | | $ | 304,437 | | | Towers, transmitters and studio equipment | 215,747 | | | 215,697 | | | Computer equipment and software | 761,043 | | | 749,083 | | | Furniture and other equipment | 54,128 | | | 54,129 | | | Construction in progress | 19,343 | | | 11,895 | | | 1,354,684 | | | 1,335,241 | | | Less: accumulated depreciation | 970,082 | | | 937,001 | | | Property, plant and equipment, net | $ | 384,602 | | | $ | 398,240 | |
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| Schedule of Gross Carrying Amount and Accumulated Amortization for Other Intangible Assets |
The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets. | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | March 31, 2026 | | December 31, 2025 | | Gross Carrying Amount | | Accumulated Amortization | | Gross Carrying Amount | | Accumulated Amortization | | Customer / advertiser relationships | $ | 1,652,388 | | | $ | (1,137,032) | | | $ | 1,652,388 | | | $ | (1,103,895) | | | Talent and other contracts | 338,900 | | | (295,891) | | | 338,900 | | | (287,167) | | | Trademarks and tradenames | 335,936 | | | (232,519) | | | 335,936 | | | (224,426) | | | Other | 18,003 | | | (16,524) | | | 18,003 | | | (15,962) | | | Total | $ | 2,345,227 | | | $ | (1,681,966) | | | $ | 2,345,227 | | | $ | (1,631,450) | |
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| Schedule of Future Amortization Expense |
The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets: | | | | | | | (In thousands) | | | 2027 | $ | 174,374 | | | 2028 | 157,673 | | | 2029 | 130,718 | | | 2030 | 16,273 | | | 2031 | 14,616 | |
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| Schedule of Changes in Carrying Amount of Goodwill |
The following table presents the changes in the carrying amount of goodwill: | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Multiplatform Group | | Digital Audio Group | | Audio & Media Services Group | | Consolidated | Balance as of December 31, 2025(1) | $ | 731,501 | | | $ | 311,353 | | | $ | 62,642 | | | $ | 1,105,496 | | | | | | | | | | | | | | | | | | | | | | | | | | | Foreign currency | — | | | — | | | (47) | | | (47) | | | | | | | | | | | | | | | | | | Balance as of March 31, 2026 | $ | 731,501 | | | $ | 311,353 | | | $ | 62,595 | | | $ | 1,105,449 | | | | | | | | | | | | | | | | | |
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