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Segment Information (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Three Months Ended March 31,
20222021
Revenue:(Dollars in Thousands)
Integrated Agencies Network$378,372 $69,898 
Media Network169,886 62,773 
Communications Network91,535 42,708 
All Other3,110 5,863 
Total Revenue$642,903 $181,242 
Adjusted EBITDA:
Integrated Agencies Network$71,473 $13,500 
Media Network29,164 4,688 
Communications Network15,937 7,974 
All Other(124)(1,611)
Corporate(15,038)(709)
Total Adjusted EBITDA$101,412 $23,842 
Depreciation and amortization$(31,204)$(10,950)
Impairment and other losses(557)— 
Stock-based compensation(8,021)— 
Deferred acquisition consideration(1,897)(3,936)
Other items, net(5,073)(2,941)
Total Operating Income
$54,660 $6,015 
Three Months Ended March 31,
20222021
(Dollars in Thousands)
Other Income (expenses):
Interest expense, net$(18,729)$(1,351)
Foreign exchange, net(306)(677)
Other, net156 1,285 
Income before income taxes and equity in earnings of non-consolidated affiliates35,781 5,272 
Income tax expense3,189 673 
Income before equity in earnings of non-consolidated affiliates32,592 4,599 
Equity in income of non-consolidated affiliates1,030 
Net income33,622 4,603 
Net income attributable to noncontrolling and redeemable noncontrolling interests(20,947)(238)
Net income attributable to Stagwell Inc. common shareholders$12,675 $4,365 
Depreciation and amortization:
Integrated Agencies Network$20,211 $2,666 
Media Network6,865 5,195 
Communications Network2,540 1,582 
All Other501 1,022 
Corporate1,087 485 
Total$31,204 $10,950 
Stock-based compensation:
Integrated Agencies Network$5,547 $— 
Media Network786 — 
Communications Network(243)— 
All Other— 
Corporate1,923 — 
Total$8,021 $—