CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ (104,179)	$ 4,565
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization	7,716	7,101
Amortization of debt financing costs	1,920	2,137
Amortization of launch assets	4,980	4,980
Amortization of content assets	46,297	50,098
Deferred income taxes	8,368	5,148
Impairment of goodwill and intangible assets	151,755	129,278
Non-cash fair value adjustment of Employment Agreement Award	(10,398)	169
Stock-based compensation expense	5,716	9,975
Gain on retirement of debt	(23,271)	(2,356)
Loss on investment in unconsolidated joint venture	0	5,131
Realized gain on available for sale debt securities	0	(96,826)
Other	304	4,182
Effect of change in operating assets and liabilities, net of assets acquired:
Trade accounts receivable, net	18,991	8,698
Prepaid expenses and other current assets	2,584	(2,376)
Other assets	(4,441)	555
Content assets and content payables	(63,368)	(53,518)
Accounts payable	(305)	2,407
Accrued interest	(4,329)	(769)
Accrued compensation and related benefits	(2,521)	(3,758)
Reserve for audience deficiency	9,604	3,150
Other liabilities	(6,195)	(9,076)
Launch support	(1,750)	(4,250)
Net cash flows provided by operating activities	37,478	64,645
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(7,226)	(7,676)
Restricted cash derecognized in deconsolidation of joint venture	0	(26,000)
Proceeds from sale of joint venture interest	0	6,563
Proceeds from sale of equity securities	829	0
Proceeds from sale of available for sale debt securities	0	136,826
Proceeds from release of escrow associated with joint venture	0	13,012
Acquisition of stations and broadcasting assets	(250)	(27,500)
Cash receipts related to disposition of station	5,613	4,975
Investment in unconsolidated joint venture	(609)	(4,842)
Net cash flows (used in) provided by investing activities	(1,643)	95,358
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of ownership interest in Reach Media	(7,603)	0
Repurchase of long-term debt	(115,557)	(22,281)
Repurchase of common stock	(8,132)	(1,630)
Payment of dividends to non-controlling interest members of Reach Media	(1,799)	(4,401)
Release of secured letters of credit deposit	1,260	0
Net cash flows used in financing activities	(131,831)	(28,312)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	(95,996)	131,691
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period	233,570	101,879
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period	137,574	233,570
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest	50,717	54,828
Income taxes, net of refunds	2,471	1,983
NON-CASH OPERATING, FINANCING AND INVESTING ACTIVITIES:
Operating right of use assets obtained in exchange for lease obligation	9,493	10,870
Operating right of use asset and lease liability terminations	0	429
Non-cash content asset additions	19,960	9,716
Adjustment of redeemable non-controlling interests to estimated redemption value	(345)	(6,907)
Settlement of stock-based compensation liability	$ 4,681	$ 3,235