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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Year Ended December 31,
202320222021
(dollars in thousands)
Revenue:
Integrated Agencies Network$1,378,109 $1,474,970 $771,123 
Brand Performance Network768,776 757,208 424,632 
Communications Network333,707 435,652 247,766 
All Other46,585 19,962 25,842 
Total Revenue$2,527,177 $2,687,792 $1,469,363 
Adjusted EBITDA:
Integrated Agencies Network$271,322 $292,293 $165,385 
Brand Performance Network96,015 115,835 65,942 
Communications Network51,819 87,032 43,741 
All Other(10,607)(931)(772)
Corporate(48,410)(43,111)(20,644)
Total Adjusted EBITDA$360,139 $451,118 $253,652 
Depreciation and amortization$(142,831)$(131,273)$(77,503)
Impairment and other losses(11,395)(122,179)(16,240)
Stock-based compensation(57,179)(33,152)(75,032)
Deferred acquisition consideration(13,060)13,405 (18,721)
Other items, net(45,147)(18,691)(21,430)
Total Operating Income
$90,527 $159,228 $44,726 
Other Income (expenses):
Interest expense, net$(90,644)$(76,062)$(31,894)
Foreign exchange, net(2,960)(2,606)(3,332)
Gain on sale of business
94,505 — 43,038 
Other, net
(359)(4,975)7,020 
Income before income taxes and equity in earnings of non-consolidated affiliates91,069 75,585 59,558 
Income tax expense40,557 25,462 23,398 
Income before equity in earnings of non-consolidated affiliates
50,512 50,123 36,160 
Equity in (loss) of non-consolidated affiliates
(8,870)(79)(240)
Net income
41,642 50,044 35,920 
Net (income) loss attributable to noncontrolling and redeemable noncontrolling interests(41,508)(30,125)(14,884)
Net income attributable to Stagwell Inc. common shareholders
$134 $19,919 $21,036