v3.26.1
SEGMENT DATA - Reconciliation of Segment Adjusted EBITDA (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Segment Adjusted EBITDA $ 218,448 $ 227,695 $ 376,674 $ 400,583
Corporate expenses (66,925) (71,568) (132,518) (139,868)
Depreciation and amortization (78,321) (90,369) (159,698) (182,270)
Impairment charges 0 (2,552) 0 (5,407)
Other operating expense, net (1,233) (1,086) (1,311) (1,745)
Restructuring expenses (17,527) (19,490) (26,860) (45,068)
Share-based compensation expense (18,938) (7,260) (19,297) (16,289)
Interest expense, net (96,057) (100,894) (191,955) (201,280)
Loss on investments, net (1,550) (901) (2,095) (19,495)
Equity in loss of nonconsolidated affiliates (178) (51) (230) (1)
Other income (expense), net (276) 741 (596) (419)
Loss before income taxes (62,557) (65,735) (157,886) (211,259)
Total capital expenditures 18,929 19,997 40,842 39,727
Total segment assets     4,854,127 5,379,317
Operating segments | Multiplatform Group        
Segment Reporting [Line Items]        
Segment Adjusted EBITDA 58,609 96,364 105,573 166,371
Total capital expenditures 10,079 10,698 20,439 16,627
Total segment assets     3,626,455 4,066,415
Operating segments | Digital Audio Group        
Segment Reporting [Line Items]        
Segment Adjusted EBITDA 123,176 107,610 209,991 194,693
Total capital expenditures 4,053 4,406 9,556 10,262
Total segment assets     605,290 606,412
Operating segments | Audio & Media Services Group        
Segment Reporting [Line Items]        
Segment Adjusted EBITDA 36,663 23,721 61,110 39,519
Total capital expenditures 1,876 2,752 3,840 8,379
Total segment assets     261,241 269,612
Corporate        
Segment Reporting [Line Items]        
Total capital expenditures $ 2,921 $ 2,141 7,007 4,459
Total segment assets     364,652 439,578
Inter-segment elimination        
Segment Reporting [Line Items]        
Total segment assets     $ (3,511) $ (2,700)