Clear Channel Outdoor (CCO) 10-K 26 Feb 24 2023 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Feb. 21, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-32663
Entity Registrant Name	CLEAR CHANNEL OUTDOOR HOLDINGS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	88-0318078
Entity Address, Address Line One	4830 North Loop 1604 West,
Entity Address, Address Line Two	Suite 111
Entity Address, City or Town	San Antonio,
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	78249
City Area Code	(210)
Local Phone Number	547-8800
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	CCO
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 416.2
Entity Bankruptcy Proceedings, Reporting Current	true
Entity Common Stock, Shares Outstanding		483,720,129
Documents Incorporated by Reference	Portions of our Definitive Proxy Statement for the 2024 Annual Meeting of Stockholders, expected to be filed within 120 days of our fiscal year ended December 31, 2023, are incorporated by reference into Part III of this Form 10-K.
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity Central Index Key	0001334978

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Audit Information [Abstract]
Auditor Firm ID	42
Auditor Name	Ernst & Young LLP
Auditor Location	San Antonio, Texas

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents	$ 251,652	$ 282,232
Accounts receivable, net	499,811	453,683
Prepaid expenses	49,398	44,989
Other current assets	25,227	17,482
Current assets of discontinued operations	131,313	322,530
Total Current Assets	957,401	1,120,916
PROPERTY, PLANT AND EQUIPMENT
Structures, net	467,261	468,935
Other property, plant and equipment, net	199,083	203,178
INTANGIBLE ASSETS AND GOODWILL
Goodwill	656,563	650,643
OTHER ASSETS
Operating lease right-of-use assets	1,491,302	1,404,269
Other assets	45,991	48,449
Other assets of discontinued operations	0	215,614
Total Assets	4,722,475	5,086,011
CURRENT LIABILITIES
Accounts payable	63,587	73,429
Accrued expenses	385,620	330,750
Current operating lease liabilities	216,578	211,952
Accrued interest	97,671	80,133
Deferred revenue	50,882	47,930
Current portion of long-term debt	612	21,203
Current liabilities of discontinued operations	68,778	356,143
Total Current Liabilities	883,728	1,121,540
NON-CURRENT LIABILITIES
Long-term debt	5,631,291	5,540,698
Non-current operating lease liabilities	1,326,143	1,237,530
Deferred tax liabilities, net	231,481	236,210
Other liabilities	100,575	93,328
Other liabilities of discontinued operations	0	119,511
Total Liabilities	8,173,218	8,348,817
Commitments and Contingencies (Note 8)
STOCKHOLDERS’ DEFICIT
Noncontrolling interests	12,298	12,864
Common stock, par value $0.01 per share: 2,350,000,000 shares authorized (494,061,048 and 483,639,206 shares issued as of December 31, 2023 and 2022, respectively)	4,941	4,836
Additional paid-in capital	3,563,807	3,543,424
Accumulated deficit	(6,780,875)	(6,469,953)
Accumulated other comprehensive loss	(227,344)	(335,189)
Treasury stock (11,003,897 and 7,325,251 shares held as of December 31, 2023 and 2022, respectively)	(23,570)	(18,788)
Total Stockholders’ Deficit	(3,450,743)	(3,262,806)
Total Liabilities and Stockholders’ Deficit	4,722,475	5,086,011
Permits, net
INTANGIBLE ASSETS AND GOODWILL
Permits and other intangible assets, net	665,687	723,061
Other intangible assets, net
INTANGIBLE ASSETS AND GOODWILL
Permits and other intangible assets, net	$ 239,187	$ 250,946

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	2,350,000,000	2,350,000,000
Common stock, shares issued (in shares)	494,061,048	483,639,206
Treasury stock (in shares)	11,003,897	7,325,251

CONSOLIDATED STATEMENTS OF LOSS

CONSOLIDATED STATEMENTS OF LOSS - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 632,114	$ 526,786	$ 530,820	$ 437,420	$ 562,247	$ 503,344	$ 512,299	$ 436,138	$ 2,127,140		$ 2,014,028		$ 1,768,758
Operating expenses:
Direct operating expenses	302,480	271,377	266,226	252,603	260,637	241,389	244,073	235,880	1,092,686	[1]	981,979	[1]	887,034	[1]
Selling, general and administrative expenses	105,351	87,083	89,314	89,895	93,900	90,381	90,182	83,126	371,643	[1]	357,589	[1]	329,629	[1]
Corporate expenses	42,897	34,931	58,316	36,180	38,529	38,299	39,925	45,099	172,324	[1]	161,852	[1]	158,241	[1]
Depreciation and amortization	55,419	57,699	64,502	64,208	65,483	49,871	51,229	51,252	241,828		217,835		213,098
Impairment charges	0	0	0	0	0	871	21,805	0	0		22,676		118,950
Other operating expense, net	1,647	6,179	23	3,920	1,457	1,863	3,741	(4,928)	11,769		2,133		3,014
Operating income	124,320	69,517	52,439	(9,386)	102,241	80,670	61,344	25,709	236,890		269,964		58,792
Interest expense, net	(106,810)	(107,391)	(104,733)	(102,500)	(98,895)	(92,620)	(86,485)	(82,599)	(421,434)		(360,599)		(348,995)
Gain (loss) on extinguishment of debt	0	3,817	0	0	0	0	0	0	3,817		0		(102,757)
Other income (expense), net	2,681	(17,269)	12,211	8,780	23,203	(27,968)	(26,401)	(5,894)	6,403		(37,060)		(1,642)
Loss from continuing operations before income taxes	20,191	(51,326)	(40,083)	(103,106)	26,549	(39,918)	(51,542)	(62,784)	(174,324)		(127,695)		(394,602)
Income tax benefit attributable to continuing operations	5,195	244	1,277	10,501	79,947	21,120	(22,397)	1,722	17,217		80,392		36,458
Loss from continuing operations	25,386	(51,082)	(38,806)	(92,605)	106,496	(18,798)	(73,939)	(61,062)	(157,107)		(47,303)		(358,144)
Loss from discontinued operations	617	(211,736)	2,227	57,183	(7,058)	(19,982)	8,622	(28,667)	(151,709)		(47,085)		(74,976)
Consolidated net loss	26,003	(262,818)	(36,579)	(35,422)	99,438	(38,780)	(65,317)	(89,729)	(308,816)		(94,388)		(433,120)
Less: Net income attributable to noncontrolling interests	1,226	672	718	(510)	753	977	347	139	2,106		2,216		695
Net loss attributable to the Company	$ 24,777	$ (263,490)	$ (37,297)	$ (34,912)	$ 98,685	$ (39,757)	$ (65,664)	$ (89,868)	$ (310,922)		$ (96,604)		$ (433,815)
Net loss attributable to the Company per share of common stock — Basic and Diluted:
Net loss from continuing operations attributable to the Company per share of common stock - basic (in dollars per share)	$ 0.05	$ (0.11)	$ (0.08)	$ (0.19)	$ 0.22	$ (0.04)	$ (0.16)	$ (0.13)	$ (0.33)		$ (0.10)		$ (0.77)
Net loss from continuing operations attributable to the Company per share of common stock - diluted (in dollars per share)	0.05	(0.11)	(0.08)	(0.19)	0.22	(0.04)	(0.16)	(0.13)	(0.33)		(0.10)		(0.77)
Net loss from discontinued operations attributable to the Company per share of common stock - basic (in dollars per share)	0	(0.44)	0	0.12	(0.01)	(0.04)	0.02	(0.06)	(0.32)		(0.10)		(0.16)
Net loss from discontinued operations attributable to the Company per share of common stock - diluted (in dollars per share)	0	(0.44)	0	0.12	(0.01)	(0.04)	0.02	(0.06)	(0.32)		(0.10)		(0.16)
Net loss attributable to the Company per share of common stock - basic (in dollars per share)	0.05	(0.55)	(0.08)	(0.07)	0.21	(0.08)	(0.14)	(0.19)	(0.65)	[2]	(0.20)	[2]	(0.93)	[2]
Net loss attributable to the Company per share of common stock - diluted (in dollars per share)	$ 0.05	$ (0.55)	$ (0.08)	$ (0.07)	$ 0.20	$ (0.08)	$ (0.14)	$ (0.19)	$ (0.65)	[2]	$ (0.20)	[2]	$ (0.93)	[2]
[1] Excludes depreciation and amortization Due to rounding, the total may not equal the sum of the line items in the table above.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net loss attributable to the Company		$ (310,922)	$ (96,604)	$ (433,815)
Other comprehensive income:
Foreign currency translation adjustments		7,991	17,799	(18,031)
Reclassification adjustments		(4,064)	(5,193)	(11,292)
Reclassification adjustment for realized net losses from cumulative translation adjustments and pension related to sold businesses	[1]	111,798	0	0
Other adjustments to comprehensive income, net of tax		(7,875)	3,139	36,876
Other comprehensive income		107,850	15,745	7,553
Comprehensive loss		(203,072)	(80,859)	(426,262)
Less amount attributable to noncontrolling interests		5	(16)	(17)
Comprehensive loss attributable to the Company		$ (203,077)	$ (80,843)	$ (426,245)
[1] Included in “Loss from discontinued operations” on Consolidated Statements of Loss

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($) $ in Thousands		Total		Common Stock	Non-controlling Interests	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss	Treasury Stock
Beginning balance (in shares) at Dec. 31, 2020				468,703,164
Beginning balance at Dec. 31, 2020		$ (2,782,602)		$ 4,687	$ 10,855	$ 3,502,991	$ (5,939,534)	$ (358,520)	$ (3,081)
Increase (Decrease) in Stockholders' Equity
Net income (loss)		(433,120)			695		(433,815)
Release of stock awards and exercise of stock options (in shares)				5,777,698
Release of stock awards and exercise of stock options		(4,726)		$ 58		(22)			(4,762)
Share-based compensation		19,398			0	19,398
Payments to noncontrolling interests, net		(473)			(473)
Other comprehensive income (loss)		7,553			(17)			7,570
Disposition of businesses	[1]	0
Ending balance (in shares) at Dec. 31, 2021				474,480,862
Ending balance at Dec. 31, 2021		(3,193,970)		$ 4,745	11,060	3,522,367	(6,373,349)	(350,950)	(7,843)
Increase (Decrease) in Stockholders' Equity
Net income (loss)		(94,388)			2,216		(96,604)
Release of stock awards and exercise of stock options (in shares)				9,158,344
Release of stock awards and exercise of stock options		(10,945)		$ 91		(91)			(10,945)
Share-based compensation		21,148			0	21,148
Payments to noncontrolling interests, net		(396)			(396)
Other comprehensive income (loss)		15,745			(16)			15,761
Disposition of businesses	[1]	$ 0
Ending balance (in shares) at Dec. 31, 2022		483,639,206		483,639,206
Ending balance at Dec. 31, 2022		$ (3,262,806)		$ 4,836	12,864	3,543,424	(6,469,953)	(335,189)	(18,788)
Increase (Decrease) in Stockholders' Equity
Net income (loss)		(308,816)			2,106		(310,922)
Release of stock awards and exercise of stock options (in shares)				10,421,842
Release of stock awards and exercise of stock options		(4,782)		$ 105		(105)			(4,782)
Share-based compensation		20,488			0	20,488
Payments to noncontrolling interests, net		(2,677)			(2,677)
Other comprehensive income (loss)		(3,948)			5			(3,953)
Disposition of businesses		$ 111,798	[1]					111,798
Ending balance (in shares) at Dec. 31, 2023		494,061,048		494,061,048
Ending balance at Dec. 31, 2023		$ (3,450,743)		$ 4,941	$ 12,298	$ 3,563,807	$ (6,780,875)	$ (227,344)	$ (23,570)
[1] Included in “Loss from discontinued operations” on Consolidated Statements of Loss

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Consolidated net loss	$ (308,816)	$ (94,388)	$ (433,120)
Reconciling items:
Depreciation, amortization and impairment charges	258,344	293,355	372,105
Non-cash operating lease expense	299,339	334,827	361,672
(Gain) loss on extinguishment of debt	(3,817)	0	102,757
Deferred taxes	(12,243)	(81,840)	(31,582)
Share-based compensation	20,488	21,148	19,398
Amortization of deferred financing charges and note discounts	11,666	11,236	11,538
Credit loss expense (reversal)	4,096	6,479	(2,727)
Loss (gain) on disposition of businesses and/or operating assets, net	100,043	(12,035)	(1,722)
Foreign exchange transaction (gain) loss	(12,372)	39,141	3,981
Other reconciling items, net	2,305	(2,143)	1,389
Changes in operating assets and liabilities, net of effects of dispositions:
Increase in accounts receivable	(35,757)	(20,532)	(177,069)
Increase in prepaid expenses and other operating assets	(17,986)	(15,294)	(8,839)
Increase in accounts payable and accrued expenses	6,819	638	94,689
Decrease in operating lease liabilities	(306,970)	(349,204)	(389,335)
Increase (decrease) in accrued interest	17,896	14,005	(48,032)
Increase (decrease) in deferred revenue	5,449	(2,780)	1,162
Increase (decrease) in other operating liabilities	2,770	(2,621)	(9,760)
Net cash provided by (used for) operating activities	31,254	139,992	(133,495)
Cash flows from investing activities:
Capital expenditures	(166,594)	(184,679)	(148,006)
Asset acquisitions	(12,140)	(61,984)	(18,523)
Proceeds from disposition of businesses and/or assets, net of direct costs to sell and cash sold	59,848	27,082	13,208
Other investing activities, net	(687)	(2,115)	618
Net cash used for investing activities	(119,573)	(221,696)	(152,703)
Cash flows from financing activities:
Payments on credit facilities	0	0	(130,000)
Proceeds from long-term debt	750,000	0	2,085,570
Payments on long-term debt	(683,544)	(21,377)	(2,011,042)
Debt issuance and modification costs	(13,359)	0	(24,438)
Taxes paid related to net share settlement of equity awards	(4,782)	(10,945)	(4,762)
Other financing activities, net	(2,677)	(396)	(565)
Net cash provided by (used for) financing activities	45,638	(32,718)	(85,237)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	4,540	(6,867)	(3,655)
Net decrease in cash, cash equivalents and restricted cash	(38,141)	(121,289)	(375,090)
Cash, cash equivalents and restricted cash at beginning of year	298,682	419,971	795,061
Cash, cash equivalents and restricted cash at end of year	260,541	298,682	419,971
Supplemental Disclosures:
Cash paid for interest	404,398	341,444	387,582
Cash paid for income taxes, net of refunds	$ 10,346	$ 4,956	$ 4,770

DESCRIPTION OF BUSINESS

DESCRIPTION OF BUSINESS	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS	DESCRIPTION OF BUSINESS Clear Channel Outdoor Holdings, Inc. (“CCOH”) is a publicly traded company that sells out-of-home advertising on billboards, street furniture, airport advertising displays and other displays that it owns or operates in key markets worldwide. The Company’s shares of common stock trade on the New York Stock Exchange under the symbol “CCO.” All references in these financial statements to the “Company,” “we,” “us” and “our” refer to Clear Channel Outdoor Holdings, Inc. and its consolidated subsidiaries. The Company has four reportable segments: America, which consists of operations in the United States (“U.S.”) excluding airports; Airports, which includes revenue from U.S. and Caribbean airports; Europe-North, which consists of operations in the United Kingdom (“U.K.”), the Nordics and several other countries throughout northern and central Europe; and Europe-South, which consists of operations in Spain and, prior to their sales on March 31, 2023, May 31, 2023 and October 31, 2023, respectively, Switzerland, Italy and France. The Company’s remaining operations in Latin America and Singapore, which do not meet the quantitative thresholds to qualify as reportable segments, are disclosed as “Other.” Refer to Note 4 for additional details on the Company’s segments. During 2023, the Company’s plan to sell the businesses comprising its Europe-South segment met the criteria to be reported as discontinued operations. In accordance with U.S. generally accepted accounting principles (“GAAP”), assets and liabilities of discontinued operations are presented separately in the Consolidated Balance Sheets, and results of discontinued operations are reported as a separate component of Consolidated net loss in the Consolidated Statements of Loss, for all periods presented, resulting in changes to the presentation of certain prior period amounts. Refer to Note 3 for additional discussion of discontinued operations. All other notes to these consolidated financial statements present the results of continuing operations and exclude amounts related to discontinued operations for all periods presented.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Preparation of Financial Statements Principles of Consolidation These consolidated financial statements include the accounts of the Company and its subsidiaries, as well as entities in which the Company has a controlling financial interest or for which the Company is the primary beneficiary. The Company reports noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company’s equity. Intercompany transactions have been eliminated in consolidation. Foreign Currency Results of operations for foreign subsidiaries are translated into U.S. dollars using average exchange rates, and the assets and liabilities of foreign subsidiaries are translated into U.S. dollars using the exchange rates at the balance sheet date. The related translation adjustments are recorded within “Accumulated other comprehensive loss” within Stockholders’ Deficit on the Company’s Consolidated Balance Sheets, and foreign currency transaction gains and losses are recorded within “Other income (expense), net” on the Company’s Consolidated Statements of Loss. Use of Estimates The Company’s consolidated financial statements presented herein were prepared in accordance with GAAP and reflect estimates and assumptions made by management that affect the amounts reported in the consolidated financial statements and accompanying notes. Such estimates and assumptions affect, among other things, the Company’s goodwill and long-lived assets, operating lease right-of-use assets and operating lease liabilities, assessment of the annual effective tax rate, valuation of deferred income taxes and income tax contingencies, defined-benefit plan obligations, the allowance for credit losses, assessment of lease and non-lease contract expenses, measurement of compensation cost for bonus and other compensation plans, and litigation accruals. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates. Discontinued Operations The Company classifies a business as held for sale when the criteria prescribed by Accounting Standards Codification (“ASC”) Paragraph 205-20-45-1E are met, most notably when sale of the business is probable within the next year (with certain exceptions) and it is unlikely there will be significant changes to the plan of sale. Assets and liabilities held for sale are recorded at the lower of their carrying value or fair value less cost to sell. The Company classifies a business that has been disposed of or is classified as held for sale as a discontinued operation when the criteria prescribed by ASC Paragraph 205-20-45-1B are met. As described in Note 1, assets and liabilities of discontinued operations are presented separately in the Consolidated Balance Sheets, and results of discontinued operations are reported as a separate component of Consolidated net loss in the Consolidated Statements of Loss, for all periods presented. Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents include all highly liquid investments with an original maturity of three months or less. Restricted cash is recorded in “Other current assets” and “Other assets” in the Company’s Consolidated Balance Sheets. Refer to Note 15 for a reconciliation of cash and cash equivalents reported in the Consolidated Balance Sheets to cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows. Financial Instruments The Company recognizes accounts receivable, accounts payable and debt in its Consolidated Balance Sheets at their carrying amounts. Due to their short maturities, the carrying amounts of accounts receivable and accounts payable approximate their fair values. Refer to Note 6 for the Company’s fair value measurement of debt. Accounts Receivable Accounts receivable are recorded when the Company has an unconditional right to payment, either because it has satisfied a performance obligation prior to receiving payment from the customer or has a non-cancelable contract that has been billed in advance in accordance with the Company’s normal billing terms. Accounts receivable are recorded at the invoiced amount, net of allowances for credit losses. The Company evaluates the collectability of its accounts receivable based on a combination of factors. In circumstances where the Company is aware of a specific customer’s inability to meet its financial obligations, the Company records a specific reserve to reduce the amounts recorded to what it believes will be collected. For all other customers, the Company applies historical write-off rates, net of recoveries, to outstanding accounts receivable balances by aging bucket to determine the expected credit loss. The Company believes its concentration of credit risk is limited due to the large number and the geographic diversification of its customers. Property, Plant and Equipment Property, plant and equipment are stated at cost. Expenditures for maintenance and repairs are charged to operations as incurred, whereas expenditures for improvements and betterments are capitalized. Depreciation is computed using the straight-line method at rates that, in the opinion of management, are adequate to allocate the cost of such assets over their estimated useful lives, which are as follows: Structures — 3 to 20 years Furniture and other equipment — 2 to 20 years Buildings and improvements — 10 to 39 years Leasehold improvements — shorter of economic life or lease term assuming renewal periods, if appropriate The Company tests for possible impairment of property, plant and equipment whenever events and circumstances indicate that depreciable assets might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than their carrying amounts. When a specific asset is determined to be unrecoverable, its cost basis is reduced to reflect the current fair market value. Refer to Note 10 for additional disclosures about the Company's property, plant and equipment. Permits The Company’s America segment has permits that are granted for the right to operate and maintain an advertising structure at a specified location as long as the structure is in compliance with the laws and regulations of the jurisdiction. The Company’s permits relate to land use approvals for billboards located on land the Company owns, leases, manages, or for which it has acquired permanent easements. Permits are typically subject to annual renewals by the state and/or local government and are typically transferable or renewable for a minimal or no fee. However, if a structure is modified for any reason (for example, change in height or conversion of an advertising display from printed media to digital media), the state and/or local government may require a revised, additional or new permit for the modification. In such cases, the Company typically surrenders the existing permit concurrently with the approval of the requested modification. Historical Treatment as Indefinite-Lived Assets Historically, these permits primarily related to static assets and were accounted for as indefinite-lived intangible assets. As such, they were not subject to amortization but were tested for impairment at least annually, as of July 1 of each year, or whenever events or changes in circumstances indicated that it was more likely than not that the carrying amount of the asset exceeded its fair value. The impairment test consisted of a comparison of the fair value of the intangible assets at the market level with their carrying amounts. If the carrying amount exceeded the fair value, an impairment loss was recognized equal to that excess, and the adjusted carrying amount of the indefinite-lived asset became its new accounting basis. In accordance with ASC Section 805-20-S99, the fair values of the indefinite-lived assets were determined using the direct valuation method, which assumes that rather than acquiring indefinite-lived intangible assets as part of a going concern business, the buyer hypothetically develops these assets and builds a new operation with similar attributes from scratch. Thus, the buyer incurs start-up costs during the build-up phase that are normally associated with going concern value, and initial capital costs are deducted from the discounted cash flow model to calculate the value that is directly attributable to the indefinite-lived intangible assets. In its application of the direct valuation method, the Company forecasted revenue, expenses and cash flows over a ten-year period for each of its markets and also calculated a “normalized” residual year, which represented the perpetual cash flows of each market. The residual year cash flow was then capitalized to arrive at the terminal value of the permits in each market. The key assumptions used by the Company in its direct valuation of indefinite-lived permits were market revenue growth rates, market share, profit margin, duration and profile of the build-up period, estimated start-up capital costs and losses incurred during the build-up period, the risk-adjusted discount rate and terminal values. This data was populated using industry-normalized information representing an average billboard permit within a market, and the Company engaged a third-party valuation firm to assist with the development of its assumptions used to determine the fair value of the permits. Change in Accounting Estimate During the fourth quarter of 2022, the Company concluded that due to changes in facts and circumstances, these permits should no longer have an indefinite useful life and should start being amortized. Specifically, as the Company has accelerated the digitization of its network of billboard assets as a key component of its business strategy, the estimated useful lives of the original permits (applicable to the static assets) are no longer indefinite. As such, beginning in the fourth quarter of 2022, the Company began to amortize its permits on a straight-line basis over their estimated useful lives, which range from 8 to 17 years depending upon the market. This change in accounting estimate resulted in amortization expense of $16.1 million during the fourth quarter of 2022 and $64.4 million during the year ended December 31, 2023, resulting in reductions of the same amounts to consolidated net loss and reductions of $0.03 and $0.13 in each of these periods, respectively, to net loss per share of common stock. The Company expects a similar impact in future periods, assuming no material permit acquisitions or dispositions. In accordance with ASC Paragraph 350-30-35-17, the Company tested its permits for impairment immediately prior to the change in useful life. Subsequent to the change in useful life, the Company tests for possible impairment of permits whenever events and circumstances indicate that they might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than their carrying amounts. When a specific asset is determined to be unrecoverable, its cost basis is reduced to reflect the current fair market value. Refer to Note 11 for additional disclosures about the Company’s permits. Other Intangible Assets Other intangible assets primarily include transit, street furniture and other outdoor contractual rights; permanent easements; and trademarks. • The Company’s transit, street furniture and other contractual rights are finite-lived intangible assets that are recorded at cost and amortized over the shorter of the life of the related agreement or over the period of time the asset is expected to contribute directly or indirectly to the Company’s future cash flows. The Company periodically reviews the appropriateness of the amortization periods related to these finite-lived intangible assets. • Permanent easements are indefinite-lived intangible assets that include certain rights to use real property not owned by the Company and are tested for impairment at least annually, as of July 1. • The Company’s trademarks were received as part of the Company’s separation from iHeartCommunications, Inc. on May 1, 2019 and have a useful life of ten years. In addition to the annual impairment test performed for permanent easements, the Company tests for possible impairment of other intangible assets whenever events and circumstances indicate that they might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than their carrying amounts. When a specific asset is determined to be unrecoverable, its cost basis is reduced to reflect the current fair market value. Refer to Note 11 for additional disclosures about the Company's other intangible assets. Asset Acquisitions The Company accounts for transactions that meet the definition of an asset group purchase as asset acquisitions. The Company allocates the acquisition purchase price to the assets acquired based on their estimated relative fair values, which is typically determined by using either discounted cash flow valuation methods or estimates of replacement costs. Refer to Notes 10 and 11 for additional disclosures about the Company’s asset acquisitions. Goodwill The Company has previously recorded goodwill in conjunction with business combinations, and it performs an annual impairment test of its goodwill balance on July 1 of each year. In accordance with ASC Subtopic 350-20, the carrying amount of each reporting unit (including goodwill) is compared to its fair value, and any excess is recorded as a goodwill impairment charge, limited to the total amount of goodwill allocated to the reporting unit. The Company identifies its reporting units in accordance with ASC Subtopic 350-20 and uses a discounted cash flow model to determine the fair value of each reporting unit, which requires the Company to estimate future cash flows expected to be generated from the reporting unit, discounted to their present value using a risk-adjusted discount rate. Terminal values are also estimated and discounted to their present value. Assessing the recoverability of goodwill requires the Company to make estimates and assumptions about sales, operating margins, growth rates and discount rates based on its budgets, business plans, economic projections, anticipated future cash flows and marketplace data. Historically, the Company had two reportable segments: Americas, which consisted of operations primarily in the U.S., and Europe, which consisted of operations in Europe and Singapore, as well as a Latin America operating segment that did not meet the quantitative thresholds to qualify as a reportable segment. During this time, each of the Company’s advertising markets was considered a component of the Company. For purposes of the goodwill test, the U.S. advertising markets within the Company’s historical Americas segment were aggregated into a single reporting unit, Americas; the countries within the Company’s historical Europe segment were aggregated into a single reporting unit, Europe; and the countries within the Company’s historical Latin America operating segment were aggregated into a single reporting unit, Latin America. During the fourth quarter of 2022, the Company changed segments to reflect changes in the way the business is managed and resources are allocated by the Company’s chief operating decision maker (“CODM”). Effective December 31, 2022, the Company has four reportable segments: America, Airports, Europe-North and Europe-South, as well as operations in Latin America and Singapore, as described in Note 1. In conjunction with this change to reportable segments, the Company revised its reporting units to be as follows: America, Airports, Europe-North, Europe-South, Latin America and Singapore. In accordance with ASC Paragraph 350-20-35-45, the Company applied the relative fair value approach to allocate its existing goodwill to these new reporting units as of December 31, 2022. Based on the fair value of each new reporting unit, which the Company determined with assistance from a valuation specialist, goodwill previously allocated to the historical Americas reporting unit was allocated to the new America and Airports reporting units, and goodwill previously allocated to the historical Europe reporting unit was allocated to the new Europe-North and Europe-South reporting units. The Company’s Latin America reporting unit was not impacted by the reorganization and did not have any remaining goodwill. The Company tested its goodwill for impairment immediately before and after the segment change and reallocation. Refer to Note 11 for additional disclosures about the Company's goodwill. Leased Assets The Company enters into contracts to use land, buildings and office space, structures, and equipment such as automobiles and copiers, as well as contracts that enable the Company to display advertising on buses, bus shelters, trains and other private or municipal assets. Additionally, most of the Company’s advertising structures are located on leased land. Arrangements involving the use of property, plant and equipment are evaluated at inception to determine whether they contain a lease under ASC Topic 842. The majority of the Company’s transit contracts do not meet the definition of a lease under ASC Topic 842 due to substantive substitution rights within those contracts. The Company's leases are primarily operating leases, including land lease contracts and lease contracts for the use of space on floors, walls and exterior locations on buildings. The land leases typically have initial terms ranging up to 20 years with options to renew, and rental payments generally escalate at a defined rate. Land leases are typically paid in advance for periods ranging up to 12 months, although some of our international land leases are paid in advance for longer periods or in arrears. Certain of the Company's street furniture contracts also meet the definition of an operating lease. Most international street furniture display faces are operated through contracts with municipalities, which typically have terms ranging up to 15 years. Operating leases are reflected on the Company’s Consolidated Balance Sheets as “Operating lease right-of-use assets,” and the related short-term and long-term liabilities are included within “Current operating lease liabilities” and “Non-current operating lease liabilities,” respectively. Right-of-use (“ROU”) assets represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at lease commencement based on the present value of lease payments over the lease term, and lease expense is recognized on a straight-line basis over the lease term. The Company’s finance leases are included within “Property, plant and equipment” on the Consolidated Balance Sheets, and the related short-term and long-term liabilities are included within “Current portion of long-term debt” and “Long-term debt,” respectively. Expenditures for maintenance are charged to operations as incurred. Certain of the Company’s operating lease agreements include rental payments that are based on a percentage of revenue, and others include rental payments that are adjusted periodically for inflationary changes. Percentage rent contracts, in which lease expense is calculated as a percentage of advertising revenue, and payments due to changes in inflationary adjustments are included within variable rent expense, which is accounted for separately from periodic straight-line lease expense. Amounts related to insurance and property taxes in lease arrangements when billed on a pass-through basis are allocated to the lease and non-lease components of the lease based on their relative standalone selling prices. The Company is commonly assessed Value-Added Tax (“VAT”) on its international contracts, which is treated as a non-lease component. Many of the Company’s operating lease contracts permit the Company to continue operating the leased assets after the rights and obligations of the lease agreements have expired. Such contracts are not considered to be leases after they expire, and future expected payments are not included in operating lease liabilities or ROU assets. Additionally, many of the Company's leases entered into in connection with advertising structures provide options to extend the terms of the agreements. Renewal periods are generally excluded from minimum lease payments when calculating lease liabilities as the Company does not consider exercise of such options to be reasonably certain for most leases. Therefore, unless exercise of a renewal option is considered reasonably certain, the optional terms and payments are not included within the lease liability. The Company’s lease agreements do not contain material residual value guarantees or material restrictive covenants. The implicit rate within the Company’s lease agreements is generally not determinable. As such, the Company uses the incremental borrowing rate (“IBR”) to determine the present value of lease payments at the commencement of the lease. The IBR, as defined in ASC Topic 842, is the rate of interest that a lessee would have to pay to borrow on a collateralized basis over a similar term at an amount equal to the lease payments in a similar economic environment. Refer to Note 7 for additional disclosures about the Company’s operating leases. Rent Abatements In response to COVID-19, the Company renegotiated contracts with landlords and municipalities to better align fixed site lease expenses with reductions in revenue and also received COVID-19-related rent assistance from certain government entities. Where applicable, the Company has applied the April 2020 supplemental Financial Accounting Standards Board (“FASB”) staff guidance regarding accounting for rent concessions resulting from COVID-19. The Company recognized reductions of fixed rent payments on lease and non-lease contracts due to rent abatements for its continuing operations of $26.0 million, $51.3 million and $77.0 million during 2023, 2022 and 2021, respectively, which was partially offset by variable rent expense. Negotiated deferrals of rent payments did not result in a reduction of rent expense. Asset Retirement Obligations ASC Subtopic 410-20 requires the Company to estimate its obligation to dismantle and remove its advertising structures from leased land and to reclaim the site to its original condition upon the termination or non-renewal of a lease or contract. The Company’s asset retirement obligation is reported in “Other liabilities” on the Company’s Consolidated Balance Sheets. The Company records the present value of obligations associated with the retirement of its advertising structures in the period in which the obligation is incurred. An estimate of third-party cost information is used with respect to the dismantling of the structures and the reclamation of the site. The calculation assumes that the related assets will be removed at some period over the next 50 years, and the interest rate used to calculate the present value of such costs over the retirement period is based on an estimated risk-adjusted credit rate for the same period. When the liability is recorded, the cost is capitalized as part of the related advertising structure’s carrying value. Over time, accretion of the liability is recognized as an operating expense, and the capitalized cost is depreciated over the expected useful life of the related asset. Refer to Note 12 for additional disclosures about the Company’s asset retirement obligations. Revenue Recognition The Company generates revenue primarily from the sale of advertising on printed and digital out-of-home advertising displays, which may be sold as individual units or as a network package. These contracts typically cover periods of a few weeks to one year, although there are some with longer terms. Revenue contracts in our America and Airports segments are generally cancelable after a specified notice period, and revenue contracts in our international businesses are generally non-cancelable or require the customer to pay a fee to terminate the contract. Certain of these revenue transactions are considered leases for accounting purposes as the contracts convey to customers the right to control the use of the Company’s advertising displays for a period of time. To qualify as a lease, fulfillment of the contract must be dependent upon the use of a specified advertising structure, the customer must have almost exclusive use of the advertising display throughout the contract term, and the customer must also have the right to change the advertisement that is displayed throughout the contract term. The Company accounts for revenue from leases, which are all classified as operating leases, in accordance with ASC Topic 842, while the Company’s remaining revenue transactions are accounted for as revenue from contracts with customers in accordance with ASC Topic 606. Revenue from Leases Under ASC Topic 842, the Company elected a practical expedient to not separate non-lease components from associated lease components if certain criteria are met. As such, each right to control the use of an advertising display that meets the lease criteria is combined with the related installation and maintenance services provided under the contract into a single lease component. Production services, which do not meet the criteria to be combined, and each advertising display that does not meet the lease criteria (along with any related installation and maintenance services) are non-lease components. Consideration in out-of-home advertising contracts is allocated between lease and non-lease components in proportion to their relative standalone selling prices, which are generally approximated by the contractual prices for each promised service. Revenue from Contracts with Customers The Company recognizes revenue when or as it satisfies a performance obligation by transferring a promised good or service to a customer. Revenue from the sale of advertising is generally recognized ratably over the term of the contract. The Company also generates revenue from production and creative services, which are distinct from the advertising display services, and related revenue is recognized at the point in time the Company installs the advertising copy at the display site. The Company recognizes revenue in amounts that reflect the consideration it expects to receive in exchange for transferring goods or services to customers, excluding sales taxes and other similar taxes collected on behalf of governmental authorities (the “transaction price”). Because the transfer of promised goods and services to the customer is generally within a year of scheduled payment from the customer, the Company is not typically required to consider the effects of the time value of money when determining the transaction price. Advertising revenue is reported net of agency commissions. In order to appropriately identify the unit of accounting for revenue recognition, the Company determines which promised goods and services in a contract with a customer are distinct and are therefore separate performance obligations. If a promised good or service does not meet the criteria to be considered distinct, it is combined with other promised goods or services until a distinct bundle of goods or services exists. For revenue arrangements that contain multiple distinct goods or services, the Company allocates the transaction price to these performance obligations in proportion to their relative standalone selling prices. The Company has concluded that the contractual prices for the promised goods and services in its standard contracts generally approximate management’s best estimate of standalone selling price as the rates reflect various factors such as the size and characteristics of the target audience, market location and size, and recent market selling prices. The Company receives payments from customers based on billing schedules that are established in its contracts, and deferred revenue is recorded when payment is received from a customer before the Company has satisfied the performance obligation or a non-cancelable contract has been billed in advance in accordance with the Company’s normal billing terms. America and Airports contracts are generally billed monthly in advance, and contracts related to our international businesses include a combination of advance billings and billings upon completion of service. Refer to Note 5 for additional disclosures about the Company’s revenue. Contract Costs Incremental costs of obtaining a contract primarily relate to sales commissions, which are included in “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Loss and are generally commensurate with sales. These costs are generally expensed when incurred because the period of benefit is one year or less. Share-Based Compensation Under the fair value recognition provisions of ASC Subtopic 718-10, share-based compensation cost, which is included in “Corporate expenses” on the Company’s Consolidated Statements of Loss, is measured at the grant date based on the fair value of the award. For awards that vest based on service conditions, this cost is recognized as expense on a straight-line basis over the requisite service period. For awards that vest based on performance conditions, this cost is recognized over the requisite service period if it is probable that the performance conditions will be satisfied. For awards that vest based on market conditions, this cost is recognized over the requisite service period regardless of whether the market condition is met. Determining the fair value of share-based awards at the grant date requires assumptions and judgments, such as expected volatility, among other factors. Refer to Note 13 for additional disclosures about the Company’s share-based compensation cost. Income Taxes The Company accounts for income taxes using the liability method. Under this method, deferred tax assets and liabilities are determined based on differences between the financial reporting basis and tax basis of assets and liabilities and are measured using the enacted tax rates expected to apply to taxable income in the periods in which the deferred tax asset or liability is expected to be realized or settled. Deferred tax assets are reduced by valuation allowances if the Company believes it is more likely than not that some portion or the entire asset will not be realized. The Company has not provided U.S. federal income taxes for temporary differences with respect to investments in foreign subsidiaries, which in most jurisdictions resulted in tax basis amounts greater than the financial reporting basis at December 31, 2023 . If any excess cash held by our foreign subsidiaries were needed to fund operations in the U.S., the Company could presently repatriate available funds with minimal U.S. tax consequences, as calculated for tax law purposes. The Company regularly reviews its tax liabilities on amounts that may be distributed in future periods and provides for foreign withholding and other current and deferred taxes on any such amounts, where applicable. Refer to Note 9 for additional disclosures about the Company’s income taxes. Government Assistance The Company received COVID-19-related rent assistance from certain government entities. In 2023 and 2022, government assistance for COVID-19 relief comprised $11.6 million and $15.3 million, respectively, of the total rent abatements recognized for continuing operations. This assistance was primarily provided to our U.S. airports, but $1.0 million and $2.0 million of the assistance received in 2023 and 2022, respectively, was provided by a government entity in Europe. This rent assistance has been recorded as reductions in site lease costs within direct operating expenses. In 2022, the Company also received $3.9 million of property tax reliefs from the U.K. government, which were recorded as a reduction in direct operating expenses. In 2021, the Company received European governmental support and wage subsidies in response to COVID-19 of $1.0 million for its continuing operations, which were recorded as reductions in compensation costs within selling, general and administrative expenses. New Accounting Pronouncements Not Yet Adopted In November 2023, the FASB issued Accounting Standards Update (“ASU”) 2023-07, Improvements to Reportable Se

DISPOSITIONS AND DISCONTINUED O

DISPOSITIONS AND DISCONTINUED OPERATIONS	12 Months Ended
	Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
DISPOSITIONS AND DISCONTINUED OPERATIONS	DISPOSITIONS AND DISCONTINUED OPERATIONS Strategic Review and Dispositions In 2023, the Company sold, or entered into an agreement to sell, its businesses in Switzerland, Spain, Italy and France, which comprised the Company’s entire Europe-South segment, as follows: • On March 31, 2023, the Company sold its former business in Switzerland to Goldbach Group AG for cash proceeds of $84.9 million, net of direct costs to transact the sale and cash sold, and recognized a gain on sale of $96.4 million. • On May 30, 2023, the Company entered into an agreement with a subsidiary of JCDecaux SE, among other related parties, to sell the Company’s business in Spain. The sale is expected to close in 2024, upon satisfaction of regulatory approval and other customary closing conditions. The Company expects to receive cash consideration of approximately $64.3 million and to recognize a gain on sale when this transaction closes. • On May 31, 2023, the Company sold its former business in Italy to a subsidiary of JCDecaux SE for cash proceeds of $4.3 million, net of direct costs to transact the sale and cash sold, and recognized a gain on sale of $11.2 million. • On October 31, 2023, the Company sold its former business in France to Equinox Industries (“Equinox”). The Company delivered its business in France, including all related assets, to Equinox with $44.5 million of cash, subject to adjustment for related customary items, tax and other costs, to support ongoing operations of the business, and Equinox assumed the $29.7 million state-guaranteed loan held by Clear Channel France. In December 2023, Equinox repaid the Company $4.9 million to satisfy certain post-closing obligations. Additionally, the Company incurred certain direct costs to transact the sale. In total, cash delivered to the buyer (net of the repayment) and payment of these additional direct costs to transact the sale was $43.0 million, with an additional $0.8 million of accrued direct costs to be paid in 2024. Related to this sale, the Company recognized a loss of $212.0 million, including $200.6 million in the third quarter of 2023 and $11.4 million in the fourth quarter of 2023. Gains and losses related to these sales are included within “ Loss from discontinued operations Discontinued Operations The Company concluded that, in aggregate, the sales of the businesses in the Company’s Europe-South segment met the criteria for discontinued operations presentation in 2023. As a result, each of these businesses has been reclassified to discontinued operations in these financial statements for all periods presented. As part of the sales agreements for each business, the Company has agreed to provide certain transitional services as defined within the respective Transition Services Agreement for a period of time after sale. Income and expenses related to these transitional services are presented as part of “Loss from continuing operations” on the Consolidated Statement of Loss. Assets and Liabilities of Discontinued Operations As previously described, assets and liabilities of discontinued operations are presented separately in the Consolidated Balance Sheets for all periods presented. The following table presents a reconciliation of the carrying amounts of the major classes of assets and liabilities of discontinued operations to the total assets and liabilities of discontinued operations as presented on the Company’s Consolidated Balance Sheets: (In thousands) December 31, (1) December 31, (2) Assets of discontinued operations: Cash and cash equivalents $ 651 $ 5,118 Accounts receivable, net 39,920 178,084 Prepaid expenses and other current assets 12,668 21,385 Property, plant and equipment, net 37,492 126,878 Intangible assets, net and goodwill — 20,000 Operating lease right-of-use assets 35,609 160,841 Other assets 4,973 25,838 Total assets of discontinued operations on Consolidated Balance Sheets $ 131,313 $ 538,144 Liabilities of discontinued operations: Accounts payable and accrued expenses $ 29,046 $ 201,161 Operating lease liabilities 37,117 169,229 Deferred revenue 1,074 16,902 Long-term debt, including current portion — 32,116 Other liabilities 1,541 56,246 Total liabilities of discontinued operations on Consolidated Balance Sheets $ 68,778 $ 475,654 (1) As of December 31, 2023, all assets and liabilities of the Company’s business in Spain are classified as current on the Consolidated Balance Sheet as they are held for sale and the sale is expected to occur within a year of the balance sheet date. (2) As of December 31, 2022, all assets and liabilities of the Company’s former business in Switzerland were classified as current on the Consolidated Balance Sheet as they were held for sale and the sale was expected to occur within a year of the balance sheet date. The remaining assets and liabilities of the Company’s discontinued operations are classified as current or non-current in accordance with their original classification at December 31, 2022. Letters of Credit and Guarantees A portion of the Company’s letters of credit and guarantees outstanding at December 31, 2023 related to discontinued operations. • Related to the former business in France, the Company has a $20.2 million letter of credit. In connection with the sale of this business, and pursuant to the related share purchase agreement, the Company’s former French business and/or Equinox will either replace or procure a counter-guarantee of the Company’s payment obligation under the letter of credit. Additionally, the Company retains an indemnity of $15.7 million related to a surety bond held by the former business in France. The Company has been indemnified by the former French business for this amount and will be released from any remaining obligation by March 2025. • Related to the business in Spain, the Company had a $6.5 million of letter of credit and $8.8 million of bank guarantees outstanding at December 31, 2023, a portion of which was supported by $0.7 million of cash collateral. These will remain obligations of the Company until the sale of this business closes in 2024 or, if sooner, their expiration date. Loss from Discontinued Operations The following table provides details about the major classes of line items constituting “ Loss from discontinued operations (In thousands) Year Ended December 31, 2023 2022 2021 Revenue $ 361,872 $ 467,106 $ 472,360 Expenses: Direct operating expenses (1),(2) 284,658 346,000 382,740 Selling, general and administrative expenses (1),(2) 77,659 105,683 125,607 Depreciation and amortization 16,516 35,974 40,057 Impairment charges (3) — 16,870 — Other expense (income), net 13,835 1,104 (2,998) Loss from discontinued operations before net loss on disposal and income taxes (30,796) (38,525) (73,046) Loss on disposal, net (104,533) — — Income tax expense attributable to discontinued operations (4) (16,380) (8,560) (1,930) Loss from discontinued operations, net of income taxes $ (151,709) $ (47,085) $ (74,976) (1) Excludes depreciation and amortization (2) Certain costs that were historically allocated to the Company’s Europe-South segment and reported within direct operating expenses and selling, general and administrative expenses on the Consolidated Statement of Loss have been deemed to be costs of continuing operations and are now reported within corporate expenses on the Consolidated Statement of Loss. As such, amounts totaling $4.7 million and $4.6 million for 2022 and 2021, respectively, have been reclassified to conform to the current period presentation. (3) Impairment charges in 2022 reflect impairment of the entire goodwill balance allocated to the Europe-South reporting unit in the fourth quarter of 2022, excluding goodwill allocated to Switzerland, which was held for sale at December 31, 2022. (4) The income tax expense attributable to discontinued operations in 2023 was largely driven by the sale of the Company’s former business in Switzerland. Capital Expenditures of Discontinued Operations The following table presents the capital expenditures of discontinued operations in 2023, 2022 and 2021: (In thousands) Year Ended December 31, 2023 2022 2021 Capital expenditures (1) $ 21,808 $ 29,011 $ 25,362 (1) In addition to payments that occurred during the period for capital expenditures, the Company had $1.5 million, $5.8 million and $8.3 million of accrued capital expenditures related to discontinued operations that remained unpaid as of December 31, 2023, 2022 and 2021, respectively.

SEGMENT DATA

SEGMENT DATA	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
SEGMENT DATA	SEGMENT DATA As described in Note 1, the Company has four reportable segments, which it believes best reflect how the Company is currently managed: America, Airports, Europe-North and Europe-South. The Company's remaining operations in Latin America and Singapore are disclosed as “Other.” As the Company’s Europe-South segment met the criteria to be reported as discontinued operations during 2023, results of this segment are excluded from the table below, which only reflects continuing operations, for all periods presented. While each segment provides out-of-home advertising to customers using various digital and traditional display types, they vary based on geographic area of operations and, in some cases, the form of display: • The America segment serves markets throughout the U.S., with over 90% of its revenue generated from billboard displays. • The Airports segment provides out-of-home advertising around and within airports in the U.S. and Caribbean. • The Europe-North segment serves markets in 12 countries throughout northern and central Europe, including the U.K., Sweden, Belgium, Norway, Finland, the Netherlands, Denmark, Ireland, Poland, Estonia, Latvia and Lithuania. Approximately half of this segment’s revenue is generated from street furniture displays, while the remainder comes from retail displays, transit displays and billboards. Segment Adjusted EBITDA is the profitability metric reported to the Company’s CODM for purposes of making decisions about allocation of resources to, and assessing performance of, each reportable segment. Segment Adjusted EBITDA is calculated as revenue less direct operating expenses and selling, general and administrative expenses, excluding restructuring and other costs, which are defined as costs associated with cost-saving initiatives such as severance, consulting and termination costs and other special costs. Segment information for total assets is not presented as this information is not used by the Company’s CODM in measuring segment performance or allocating resources between segments. The following table presents the Company’s reportable segment results for continuing operations for 2023, 2022 and 2021: (In thousands) Year Ended December 31, 2023 2022 2021 Revenue America $ 1,100,846 $ 1,105,552 $ 1,013,290 Airports 311,605 256,402 160,330 Europe-North 619,557 566,119 517,990 Other 95,132 85,955 77,148 Total $ 2,127,140 $ 2,014,028 $ 1,768,758 Capital Expenditures (1) America $ 75,431 $ 79,529 $ 56,898 Airports 20,050 25,298 11,600 Europe-North 29,284 34,025 36,914 Other 6,421 4,571 4,884 Corporate 13,600 12,245 12,348 Total $ 144,786 $ 155,668 $ 122,644 Segment Adjusted EBITDA America $ 468,370 $ 499,390 $ 463,410 Airports 68,226 60,864 36,894 Europe-North 114,303 103,654 53,981 Other 14,974 12,330 4,884 Total $ 665,873 $ 676,238 $ 559,169 (In thousands) Year Ended December 31, 2023 2022 2021 Reconciliation of Segment Adjusted EBITDA to Loss From Continuing Operations Before Income Taxes Segment Adjusted EBITDA $ 665,873 $ 676,238 $ 559,169 Less reconciling items: Corporate expenses (2) 172,324 161,852 158,241 Depreciation and amortization 241,828 217,835 213,098 Impairment charges — 22,676 118,950 Restructuring and other costs (3) 3,062 1,778 7,074 Other operating expense, net 11,769 2,133 3,014 Interest expense, net 421,434 360,599 348,995 (Gain) loss on extinguishment of debt (3,817) — 102,757 Other (income) expense, net (6,403) 37,060 1,642 Loss from continuing operations before income taxes $ (174,324) $ (127,695) $ (394,602) (1) In addition to payments that occurred during the period for capital expenditures, the Company had $14.7 million, $20.3 million and $19.0 million of accrued capital expenditures related to continuing operations that remained unpaid as of December 31, 2023, 2022, and 2021, respectively. (2) Corporate expenses include expenses related to infrastructure and support, including information technology, human resources, legal (including legal liabilities and related estimates), finance and administrative functions of each of the Company’s reportable segments, as well as overall executive, administrative and support functions. Share-based compensation and certain restructuring and other costs are recorded in corporate expenses. (3) The restructuring and other costs line item in this reconciliation excludes those restructuring and other costs related to corporate functions, which are included with the Corporate expenses line item.

REVENUE

REVENUE	12 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
REVENUE	REVENUE Disaggregation of Revenue The Company’s advertising structures, which may be owned or leased, are used to generate revenue, and such revenue may be classified as revenue from contracts with customers or revenue from leases depending on the terms of the contract, as described in Note 2. The following table shows revenue from contracts with customers, revenue from leases and total revenue from continuing operations, disaggregated by geography, for 2023, 2022 and 2021: (In thousands) Revenue from contracts with customers Revenue from Total Revenue Year Ended December 31, 2023 U.S. (1) $ 747,959 $ 664,492 $ 1,412,451 Europe (2) 607,214 12,343 619,557 Other (3) 72,998 22,134 95,132 Total $ 1,428,171 $ 698,969 $ 2,127,140 Year Ended December 31, 2022 U.S. (1) $ 698,250 $ 663,704 $ 1,361,954 Europe (2) 552,190 13,929 566,119 Other (3) 64,864 21,091 85,955 Total $ 1,315,304 $ 698,724 $ 2,014,028 Year Ended December 31, 2021 U.S. (1) $ 568,231 $ 605,389 $ 1,173,620 Europe (2) 503,398 14,592 517,990 Other (3) 56,634 20,514 77,148 Total $ 1,128,263 $ 640,495 $ 1,768,758 (1) U.S. revenue, which also includes an immaterial amount of revenue derived from airport displays in the Caribbean, is comprised of revenue from the Company’s America and Airports segments. (2) Europe revenue is comprised of revenue from the Company’s Europe-North segment. Europe total revenue for 2023, 2022 and 2021 includes revenue from the U.K. of $253.8 million, $229.7 million and $224.7 million, respectively. (3) Other includes the Company’s businesses in Latin America and Singapore. Revenue from Contracts with Customers The following table shows the Company’s beginning and ending accounts receivable and deferred revenue balances from contracts with customers: (In thousands) Year Ended December 31, 2023 (1) 2022 2021 Accounts receivable, net of allowance, from contracts with customers: Beginning balance $ 317,560 $ 322,789 $ 214,656 Ending balance 361,039 317,560 322,789 Deferred revenue from contracts with customers: Beginning balance $ 23,596 $ 31,519 $ 26,042 Ending balance 25,613 23,596 31,519 (1) The increases in the accounts receivable and deferred revenue balances from contracts with customers in 2023 were driven by higher sales and billings, primarily in the Company’s Airports segment. During 2023 , 2022 and 2021, respectively, the Company recognized $22.7 million, $30.4 million and $25.5 million of revenue that was included in the deferred revenue from contracts with customers balance at the beginning of the respective year. The Company’s contracts with customers generally have terms of one year or less. However, as of December 31, 2023 , the Company expected to recognize $109.0 million of revenue in future periods for remaining performance obligations from current contracts with customers that have an original expected duration greater than one year, with the majority of this amount to be recognized over the next five years. Revenue from Leases As of December 31, 2023 , future lease payments to be received by the Company were as follows: (In thousands) Future lease payments to be received: 2024 $ 381,502 2025 33,913 2026 12,456 2027 3,883 2028 1,709 Thereafter 2,938 Total $ 436,401 Note that the future lease payments disclosed are limited to the non-cancelable period of the lease and, for contracts that require the customer to pay a significant fee to terminate the contract such that the customer is considered reasonably certain not to exercise this option, periods beyond the termination option. Payments scheduled for periods beyond a termination option are not included for contracts that allow cancellation by the customer without a significant fee.

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt outstanding at December 31, 2023 and 2022 consisted of the following: (In thousands) December 31, December 31, Term Loan Facility Due 2026 (1),(2) $ 1,260,000 $ 1,935,000 Revolving Credit Facility Due 2026 — — Receivables-Based Credit Facility Due 2026 — — Clear Channel Outdoor Holdings 5.125% Senior Secured Notes Due 2027 1,250,000 1,250,000 Clear Channel Outdoor Holdings 9.000% Senior Secured Notes Due 2028 (2) 750,000 — Clear Channel Outdoor Holdings 7.750% Senior Notes Due 2028 (3) 995,000 1,000,000 Clear Channel Outdoor Holdings 7.500% Senior Notes Due 2029 (3) 1,040,000 1,050,000 Clear Channel International B.V. 6.625% Senior Secured Notes Due 2025 375,000 375,000 Finance leases 4,202 4,682 Original issue discount (2,690) (5,596) Long-term debt fees (39,609) (47,185) Total debt 5,631,903 5,561,901 Less: Current portion (1) 612 21,203 Total long-term debt $ 5,631,291 $ 5,540,698 (1) In accordance with the terms of the Senior Secured Credit Agreement, the Company paid $10.0 million of the outstanding principal on the Term Loan Facility during the first half of 2023. In August 2023, the Company made a prepayment, described in note (2) to this table, that satisfied the remaining quarterly payment obligations. As such, the entire remaining balance is due in 2026 and is classified as non-current on the Consolidated Balance Sheet at December 31, 2023. (2) On August 22, 2023, the Company issued $750.0 million aggregate principal amount of 9.000% Senior Secured Notes due 2028. On the same date, the Company used a portion of the net proceeds from this issuance to prepay $665.0 million of outstanding principal on the Term Loan Facility, which the Company repurchased at a 1% discount. The Company paid costs of $12.3 million related to these transactions. (3) In September 2023, the Company repurchased in the open market $5.0 million of the CCOH 7.750% Senior Notes and $10.0 million of the CCOH 7.500% Senior Notes at a discount, resulting in a gain on extinguishment of $3.2 million. The repurchased notes are held by a subsidiary of the Company and have not been cancelled. The aggregate market value of the Company’s debt based on market prices for which quotes were available was approximately $5.3 billion and $4.7 billion as of December 31, 2023 and December 31, 2022, respectively. Under the fair value hierarchy established by ASC Section 820-10-35, the inputs used to determine the market value of the Company’s debt are classified as Level 1. Senior Secured Credit Facilities On August 23, 2019, the Company and the guarantors thereof entered into a credit agreement (the “Senior Secured Credit Agreement”) with Deutsche Bank AG New York Branch, as administrative agent and collateral agent, the syndication agent party thereto, the co-documentation agents party thereto, the lenders party thereto, and the joint lead arrangers and joint bookrunners party thereto. The Senior Secured Credit Agreement governs the Company’s Term Loan Facility and Revolving Credit Facility. On February 20, 2023, the Senior Secured Credit Agreement was amended to establish a rate based on the Secured Overnight Financing Rate (“Term SOFR”) (as defined therein) as the alternate rate of interest applicable to the Company’s Term Loan Facility in connection with the cessation of the London Interbank Offered Rate (“LIBOR”). On June 12, 2023, the Senior Secured Credit Agreement was further amended to, among other things, reduce the aggregate revolving credit commitments of the Revolving Credit Facility from $175.0 million to $150.0 million, with the full $150.0 million of revolving credit commitments available through August 23, 2024 and $115.8 million of such revolving credit commitments extending and available through August 23, 2026, and amend the benchmark interest rate provisions to replace LIBOR with alternative reference rates. These amendments are reflected in the information below. Size and Availability The Senior Secured Credit Agreement, as amended, provides for the Term Loan Facility in an aggregate principal amount of $2,000.0 million and the Revolving Credit Facility with $150.0 million of revolving credit commitments available through August 23, 2024, reducing to $115.8 million available through August 23, 2026. The Company is the borrower under the Senior Secured Credit Facilities. The Revolving Credit Facility includes sub-facilities for letters of credit and for short-term borrowings referred to as the swing line borrowings. In addition, the Senior Secured Credit Agreement provides that the Company may request at any time, subject to customary and other conditions, incremental term loans or incremental revolving credit commitments. The lenders under the Senior Secured Credit Facilities are not under any obligation to provide any such incremental loans or commitments, and any such addition of or increase in loans will be subject to certain customary conditions and other provisions. Interest Rate and Fees Borrowings under the Senior Secured Credit Agreement bear interest at a rate per annum equal to the amended Applicable Rate (as defined therein) plus either: (a) a base rate equal to the highest of: (1) the rate of interest in effect for such date as publicly announced from time to time by the administrative agent as its “prime rate,” (2) the Federal Funds Rate plus 0.50%, (3) 0.00%, and (4) Term SOFR plus an adjustment for a one-month tenor in effect on such day plus 1.00%; or (b)(1) a term rate based on Term SOFR plus an adjustment for loans denominated in dollars, the Canadian Dollar Offered Rate (“CDOR”) for loans denominated in Canadian dollars, and the Euro Interbank Offered Rate (“EURIBOR”) for loans denominated in euros, or (2) a daily rate based on the Sterling Overnight Index Average (“SONIA”) plus an adjustment for loans denominated in pounds sterling. In addition to paying interest on outstanding principal under the Senior Secured Credit Agreement, the Company is required to pay a commitment fee to the lenders under the Senior Secured Credit Agreement in respect to the unutilized revolving commitments thereunder. The Company is also required to pay a customary letter of credit and fronting fee for each issued letter of credit. Amortization and Maturity The term loans under the Term Loan Facility amortize in equal quarterly installments in an aggregate annual amount equal to 1.00% of the original principal amount of such term loans. In August 2023, the Company made a prepayment that satisfied the remaining quarterly payment obligations, and the remaining balance is payable on August 23, 2026. The Revolving Credit Facility also matures on August 23, 2026 in the amounts set forth above. Prepayments The Senior Secured Credit Facilities contain customary mandatory prepayments, including with respect to excess cash flow, asset sale proceeds and proceeds from certain incurrences of indebtedness. The Company may voluntarily repay outstanding loans under the Senior Secured Credit Facilities at any time without premium or penalty. Guarantees and Security The Senior Secured Credit Facilities are guaranteed by certain existing and wholly-owned domestic subsidiaries of the Company. All obligations under the Senior Secured Credit Facilities and the guarantees of those obligations are secured by a perfected first priority security interest in all of the Company’s and the guarantors’ assets securing the Senior Secured Credit Facilities on a pari passu basis with the liens on such assets (other than the assets securing the Company’s Receivables-Based Credit Facility) (such assets, other than accounts receivable and certain other assets, the “CCOH Senior Secured Notes Priority Collateral”) and a perfected second priority security interest in all of the Company’s and the guarantors’ assets securing the Receivables-Based Credit Facility on a first-priority basis (the “ABL Priority Collateral”). Certain Covenants The Senior Secured Credit Agreement contains a springing financial covenant which is applicable solely to the Revolving Credit Facility. The springing financial covenant generally requires compliance with a first lien net leverage ratio of less than 7.10 to 1.00 if the balance of the Revolving Credit Facility is greater than $0 and undrawn letters of credit exceed $10 million. The Senior Secured Credit Agreement also includes negative covenants that, subject to significant exceptions, limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: incur additional indebtedness; create liens on assets; engage in mergers, consolidations, liquidations and dissolutions; sell assets; pay dividends and distributions or repurchase capital stock; make investments, loans, or advances; prepay certain junior indebtedness; engage in certain transactions with affiliates; enter into agreements that restrict its restricted subsidiaries’ ability to make distributions; and amend or waive organizational documents. As of December 31, 2023, the Company was in compliance with all covenants contained in the Senior Secured Credit Agreement. Receivables-Based Credit Facility On August 23, 2019, concurrently with the entry into the Senior Secured Credit Agreement, the Company entered into a receivables-based credit agreement (the “Receivables-Based Credit Agreement”) with Deutsche Bank AG New York Branch, as administrative agent, collateral agent, swing line lender and letters of credit issuer, the other lenders and letters of credit issuers party thereto, the joint lead arrangers and bookrunners party thereto, and the co-documentation agents party thereto. The Receivables-Based Credit Agreement governs the Company’s Receivables-Based Credit Facility. On June 12, 2023, the Company entered into an amendment to the Receivables-Based Credit Agreement to, among other things, extend the maturity date of the Receivables-Based Credit Facility from August 23, 2024 to August 23, 2026, increase the aggregate revolving credit commitments from $125.0 million to $175.0 million, and amend the benchmark interest rate provisions to replace LIBOR with alternative reference rates. These amendments are reflected in the information below. Size and Availability The Receivables-Based Credit Agreement provides for an asset-based revolving credit facility, with amounts available from time to time (including in respect to letters of credit) equal to the lesser of (a) the borrowing base, which equals 85.0% of the eligible accounts receivable of the borrower and the subsidiary borrowers, subject to customary eligibility criteria minus any reserves, and (b) the aggregate revolving credit commitments, which is $175.0 million. The Company and certain of its subsidiaries are borrowers under the Receivables-Based Credit Facility. The Receivables-Based Credit Facility includes sub-facilities for letters of credit and for short-term borrowings referred to as the swing line borrowings. In addition, the Receivables-Based Credit Agreement provides that the Company has the right at any time, subject to customary conditions, to request incremental commitments on terms set forth in the Receivables-Based Credit Agreement. Interest Rate and Fees Borrowings under the Receivables-Based Credit Agreement bear interest at a rate per annum equal to an amended Applicable Rate (defined therein) plus either: (a) a base rate equal to the highest of: (1) the rate of interest in effect for such date as publicly announced from time to time by the administrative agent as its “prime rate,” (2) the Federal Funds Rate plus 0.50%, (3) 0.00%, and (4) Term SOFR plus an adjustment for a one-month tenor in effect on such day plus 1.00%; or (b)(1) a term rate based on Term SOFR plus an adjustment for loans denominated in dollars, the CDOR rate for loans denominated in Canadian dollars, and the EURIBOR rate for loans denominated in euros, or (2) a daily rate based on the SONIA plus an adjustment for loans denominated in pounds sterling. In addition to paying interest on outstanding principal under the Receivables-Based Credit Facility, the Company is required to pay a commitment fee to the lenders under the Receivables-Based Credit Agreement in respect to the unutilized revolving commitments thereunder. The Company is also required to pay a customary letter of credit fee and fronting fee for each issued letter of credit. Maturity Borrowings under the Receivables-Based Credit Agreement mature, and lending commitments thereunder terminate, on August 23, 2026. Prepayments If at any time, the outstanding amount under the Receivables-Based Credit Agreement exceeds the lesser of (i) the aggregate amount committed by the revolving credit lenders and (ii) the borrowing base, the Company will be required to prepay first, any protective advances, and second, any outstanding revolving loans and swing line loans and/or cash collateralize letters of credit in an aggregate amount equal to such excess, as applicable. Subject to customary exceptions and restrictions, the Company may voluntarily repay outstanding amounts under the Receivables-Based Credit Facility at any time without premium or penalty. Any voluntary prepayments made will not reduce commitments under the Receivables-Based Credit Agreement. Guarantees and Security The Receivables-Based Credit Facility is guaranteed by certain subsidiaries of the Company that guarantee the Senior Secured Credit Agreement. All obligations under the Receivables-Based Credit Agreement and the guarantees of those obligations are secured by a perfected first priority security interest in the ABL Priority Collateral and a perfected second priority security interest in the CCOH Senior Secured Notes Priority Collateral. Certain Covenants The Receivables-Based Credit Agreement contemplates that if borrowing availability is less than an amount set forth therein, the Company will be required to comply with a fixed charge coverage ratio of no less than 1.00 to 1.00 for the most recent period of four consecutive fiscal quarters ended prior to the occurrence of the Covenant Trigger Period (as defined in the Receivables-Based Credit Agreement), and will be required to continue to comply with this minimum fixed charge coverage ratio for a certain period of time until borrowing availability recovers. The fixed charge coverage ratio did not apply for the four quarters ended December 31, 2023 because a Covenant Trigger Period was not in effect. The Receivables-Based Credit Agreement also includes negative covenants that, subject to significant exceptions, limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: incur additional indebtedness; create liens on assets; engage in mergers, consolidations, liquidations and dissolutions; sell assets; pay dividends and distributions or repurchase capital stock; make investments, loans, or advances; prepay certain junior indebtedness; engage in certain transactions with affiliates; enter into agreements that restrict its restricted subsidiaries’ ability to make distributions; and amend or waive organizational documents. As of December 31, 2023, the Company was in compliance with all covenants contained in the Receivables-Based Credit Agreement. CCOH 5.125% Senior Secured Notes Due 2027 On August 23, 2019, concurrently with the entry into the Senior Secured Credit Agreement and Receivables-Based Credit Facility, the Company completed the sale of $1.25 billion in aggregate principal amount of 5.125% Senior Secured Notes due 2027 (the “CCOH 5.125% Senior Secured Notes”). The CCOH 5.125% Senior Secured Notes were issued pursuant to an indenture, dated as of August 23, 2019 (the “CCOH 5.125% Senior Secured Notes Indenture”), among the Company, the subsidiaries of the Company acting as guarantors party thereto, and U.S. Bank National Association, as trustee and as collateral agent. The CCOH 5.125% Senior Secured Notes mature on August 15, 2027 and bear interest at a rate of 5.125% per annum. Interest on the CCOH 5.125% Senior Secured Notes is payable to the holders thereof semi-annually on February 15 and August 15 of each year. Guarantees and Security The CCOH 5.125% Senior Secured Notes are guaranteed fully and unconditionally on a senior secured basis by certain of the Company’s wholly-owned existing and future domestic subsidiaries. The CCOH 5.125% Senior Secured Notes and the guarantees thereof are secured on a first-priority basis by security interests in the CCOH Senior Secured Notes Priority Collateral and on a second-priority basis by security interests in the ABL Priority Collateral, in each case, other than any excluded assets and subject to intercreditor agreements. The CCOH 5.125% Senior Secured Notes and the guarantees are general senior secured obligations of the Company and the guarantors thereof and rank pari passu in right of payment with the Company’s and the guarantors’ existing and future senior indebtedness. Redemptions The Company may redeem all or a portion of the CCOH 5.125% Senior Secured Notes at the redemption prices set forth in the CCOH 5.125% Senior Secured Notes Indenture. Certain Covenants The CCOH 5.125% Senior Secured Notes Indenture contains covenants that limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: incur or guarantee additional debt or issue certain preferred stock; redeem, purchase or retire subordinated debt; make certain investments; create restrictions on the payment of dividends or other amounts from the Company’s restricted subsidiaries that are not guarantors of such notes; enter into certain transactions with affiliates; merge or consolidate with another person, or sell or otherwise dispose of all or substantially all of the Company’s assets; sell certain assets, including capital stock of the Company’s subsidiaries; designate the Company’s subsidiaries as unrestricted subsidiaries; pay dividends, redeem or repurchase capital stock or make other restricted payments; and incur certain liens. As of December 31, 2023, the Company was in compliance with all covenants contained in the CCOH 5.125% Senior Secured Notes Indenture. CCOH 9.000% Senior Secured Notes Due 2028 On August 22, 2023, the Company completed the sale of $750.0 million in aggregate principal amount of 9.000% Senior Secured Notes due 2028 (the “CCOH 9.000% Senior Secured Notes”). The CCOH 9.000% Senior Secured Notes were issued pursuant to an indenture, dated as of August 22, 2023 (the “CCOH 9.000% Senior Secured Notes Indenture”), among the Company, the subsidiaries of the Company acting as guarantors party thereto, and U.S. Bank Trust Company, National Association, as trustee and as collateral agent. The CCOH 9.000% Senior Secured Notes mature on September 15, 2028 and bear interest at a rate of 9.000% per annum. Interest on the CCOH 9.000% Senior Secured Notes is payable to the holders thereof semi-annually on March 15 and September 15 of each year, beginning on March 15, 2024. Guarantees and Security The CCOH 9.000% Senior Secured Notes are guaranteed fully and unconditionally on a senior secured basis by certain of the Company’s wholly-owned existing and future domestic subsidiaries. The CCOH 9.000% Senior Secured Notes and the guarantees thereof are secured on a first-priority basis in the CCOH Senior Secured Notes Priority Collateral, and on a second-priority basis by security interests in the ABL Priority Collateral, in each case, other than any excluded assets and subject to intercreditor agreements. The CCOH 9.000% Senior Secured Notes and the guarantees are general senior secured obligations of the Company and the guarantors thereof and rank pari passu in right of payment with the Company’s and the guarantors’ existing and future senior indebtedness. Redemptions The Company may redeem all or a portion of the CCOH 9.000% Senior Secured Notes at the redemption prices set forth in the CCOH 9.000% Senior Secured Notes Indenture. Certain Covenants The CCOH 9.000% Senior Secured Notes Indenture contains covenants that limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: incur or guarantee additional debt or issue certain preferred stock; redeem, purchase or retire subordinated debt; make certain investments; create restrictions on the payment of dividends or other amounts from the Company’s restricted subsidiaries that are not guarantors of such notes; enter into certain transactions with affiliates; merge or consolidate with another person or sell or otherwise dispose of all or substantially all of the Company’s assets; sell certain assets, including capital stock of the Company’s subsidiaries; designate the Company’s subsidiaries as unrestricted subsidiaries; pay dividends, redeem or repurchase capital stock or make other restricted payments; and incur certain liens. As of December 31, 2023, the Company was in compliance with all covenants contained in the CCOH 9.000% Senior Secured Notes Indenture. CCOH 7.750% Senior Notes Due 2028 On February 17, 2021, the Company completed the sale of $1.0 billion aggregate principal amount of 7.750% Senior Notes due 2028 (the “CCOH 7.750% Senior Notes”). On the same date, the Company entered into an indenture, dated as of February 17, 2021 (the “CCOH 7.750% Senior Notes Indenture”), by and among the Company, the subsidiaries of the Company acting as guarantors party thereto, and U.S. Bank National Association, as trustee. In September 2023, the Company repurchased in the open market $5.0 million of the CCOH 7.750% Senior Notes. The repurchased notes are held by a subsidiary of the Company and have not been cancelled. The CCOH 7.750% Senior Notes mature on April 15, 2028 and bear interest at a rate of 7.750% per annum. Interest on the CCOH 7.750% Senior Notes is payable to the holders thereof semi-annually on April 15 and October 15 of each year. Guarantees and Security The CCOH 7.750% Senior Notes are guaranteed on a senior unsecured basis by certain of the Company’s wholly-owned existing and future domestic subsidiaries. The CCOH 7.750% Senior Notes (i) rank pari passu in right of payment with all existing and future senior indebtedness of the Company; (ii) are senior in right of payment to all of the future subordinated indebtedness of the Company and guarantors; (iii) are effectively subordinated to all of the Company’s and guarantors’ existing and future indebtedness secured by a lien, to the extent of the value of such collateral; and (iv) are structurally subordinated to any existing and future obligations of any existing or future subsidiaries of the Company that do not guarantee the CCOH 7.750% Senior Notes, including all of the Company’s foreign subsidiaries. Redemptions The Company may redeem all or a portion of the CCOH 7.750% Senior Notes at the redemption prices set forth in the CCOH 7.750% Senior Notes Indenture. Certain Covenants The CCOH 7.750% Senior Notes Indenture contains covenants that limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: (i) incur or guarantee additional debt or issue certain preferred stock; (ii) redeem, purchase or retire subordinated debt; (iii) make certain investments; (iv) create restrictions on the payment of dividends or other amounts from the Company’s restricted subsidiaries that are not guarantors; (v) enter into certain transactions with affiliates; (vi) merge or consolidate with another person, or sell or otherwise dispose of all or substantially all of the Company’s assets; (vii) sell certain assets, including capital stock of the Company’s subsidiaries; (viii) designate the Company’s subsidiaries as unrestricted subsidiaries; (ix) pay dividends, redeem or repurchase capital stock or make other restricted payments; and (x) incur certain liens. As of December 31, 2023, the Company was in compliance with all covenants contained in the CCOH 7.750% Senior Notes Indenture. CCOH 7.500% Senior Notes Due 2029 On June 1, 2021, the Company completed the sale of $1.05 billion aggregate principal amount of 7.500% Senior Notes due 2029 (the “CCOH 7.500% Senior Notes”). On the same date, the Company entered into an indenture, dated as of June 1, 2021 (the “CCOH 7.500% Senior Notes Indenture”), by and among the Company, the subsidiaries of the Company acting as guarantors party thereto, and U.S. Bank National Association as trustee. In September 2023, the Company repurchased in the open market $10.0 million of the CCOH 7.500% Senior Notes. The repurchased notes are held by a subsidiary of the Company and have not been cancelled. The CCOH 7.500% Senior Notes mature on June 1, 2029 and bear interest at a rate of 7.500% per annum. Interest on the CCOH 7.500% Senior Notes is payable to the holders thereof semi-annually on June 1 and December 1 of each year. Guarantees and Security The CCOH 7.500% Senior Notes are guaranteed on a senior unsecured basis by certain of the Company’s wholly-owned existing and future domestic subsidiaries. The CCOH 7.500% Senior Notes (i) rank pari passu in right of payment with all existing and future senior indebtedness of the Company; (ii) are senior in right of payment to all of the future subordinated indebtedness of the Company and guarantors; (iii) are effectively subordinated to all of the Company’s and guarantors’ existing and future indebtedness secured by a lien, to the extent of the value of the collateral securing such debt; and (iv) are structurally subordinated to any existing and future obligations of any existing or future subsidiaries of the Company that do not guarantee the CCOH 7.500% Senior Notes, including all of the Company’s foreign subsidiaries. Redemptions The Company may redeem all or a portion of the CCOH 7.500% Senior Notes at the redemption prices set forth in the CCOH 7.500% Senior Notes Indenture. Certain Covenants The CCOH 7.500% Senior Notes Indenture contains covenants that limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: (i) incur or guarantee additional debt or issue certain preferred stock; (ii) redeem, purchase or retire subordinated debt; (iii) make certain investments; (iv) create restrictions on the payment of dividends or other amounts from the Company’s restricted subsidiaries that are not guarantors; (v) enter into certain transactions with affiliates; (vi) merge or consolidate with another person, or sell or otherwise dispose of all or substantially all of the Company’s assets; (vii) sell certain assets, including capital stock of the Company’s subsidiaries; (viii) designate the Company’s subsidiaries as unrestricted subsidiaries; (ix) pay dividends, redeem or repurchase capital stock or make other restricted payments; and (x) incur certain liens. As of December 31, 2023, the Company was in compliance with all covenants contained in the CCOH 7.500% Senior Notes Indenture. CCIBV 6.625% Senior Secured Notes Due 2025 On August 4, 2020, Clear Channel International B.V. (“CCIBV”), an indirect wholly-owned subsidiary of the Company, issued $375.0 million aggregate principal amount of 6.625% Senior Secured Notes due 2025 (the “CCIBV Senior Secured Notes”). The CCIBV Senior Secured Notes were issued under an indenture, dated as of August 4, 2020 (the “CCIBV Senior Secured Notes Indenture”), among CCIBV, the CCIBV Guarantors (as defined below), U.S. Bank National Association as trustee, paying agent, registrar, authentication agent and transfer agent, and U.S. Bank Trustees Limited as security agent. The CCIBV Senior Secured Notes mature on August 1, 2025 and bear interest at a rate of 6.625% per annum, payable semi-annually in arrears on April 1 and October 1 of each year. Guarantees and Security The CCIBV Senior Secured Notes are guaranteed by certain of CCIBV's existing and future subsidiaries (collectively, the “CCIBV Guarantors”). The Company does not guarantee the CCIBV Senior Secured Notes. The CCIBV Senior Secured Notes and certain of the guarantees (the “secured guarantees”) are secured by pledges over (i) the capital stock and material bank accounts of CCIBV and certain of its indirect subsidiaries and (ii) the net intercompany balance by and between the parent holding company of CCIBV and CCIBV, subject to certain conditions as set forth in the CCIBV Senior Secured Notes Indenture. The CCIBV Senior Secured Notes and secured guarantees rank, in right of payment, pari passu to unsubordinated indebtedness and senior to subordinated indebtedness of CCIBV and the CCIBV Guarantors, as applicable, and rank, in right of security, senior to unsecured and junior lien indebtedness of CCIBV and the CCIBV Guarantors, as applicable, to the extent of the value of the assets that constitute collateral. Redemptions CCIBV may redeem the CCIBV Senior Secured Notes at its option, in whole or part, at the redemption prices set forth in the CCIBV Senior Secured Notes Indenture. Certain Covenants The CCIBV Senior Secured Notes Indenture contains covenants that limit CCIBV's ability and the ability of its restricted subsidiaries to, among other things: (i) pay dividends, redeem stock or make other distributions or investments; (ii) incur additional debt or issue certain preferred stock; (iii) transfer or sell assets; (iv) create liens on assets; (v) engage in certain transactions with affiliates; (vi) create restrictions on dividends or other payments by the restricted subsidiaries; and (vii) merge, consolidate or sell all or substantially all of CCIBV's assets. As of December 31, 2023, the Company was in compliance with all covenants contained in the CCIBV Senior Secured Notes Indenture. Future Maturities of Long-term Debt Future maturities of total long-term debt as of December 31, 2023 are as follows: (in thousands) 2024 $ 612 2025 375,483 2026 1,260,454 2027 1,250,465 2028 1,745,399 Thereafter 1,041,789 Total (1) $ 5,674,202 (1) Excludes original issue discount and long-term debt fees of $2.7 million and $39.6 million, respectively, which are amortized through interest expense over the life of the underlying debt obligations. Letters of Credit, Surety Bonds and Guarantees The Company has letters of credit, surety bonds and bank guarantees related to various operational matters, including insurance, bid, concession and performance bonds, as well as other items. As of December 31, 2023, the Company had $43.2 million of letters of credit outstanding under its Revolving Credit Facility, resulting in $106.8 million of remaining excess availability, and $47.6 million of letters of credit outstanding under its Receivables-Based Credit Facility, resulting in $127.4 million of excess availability. Additionally, as of December 31, 2023, the Company had $47.7 million and $29.8 million of surety bonds and bank guarantees outstanding, respectively, a portion of which was supported by $5.1 million of cash collateral. A portion of these letters of credit and guarantees at December 31, 2023 related to discontinued operations that were sold or held for sale as of this date. Please refer to Note 3 for additional information.

LEASES

LEASES	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
LEASES	LEASES The following table provides the components of ASC Topic 842 lease expense for continuing operations included within the Consolidated Statements of Loss for 2023, 2022 and 2021: Year Ended December 31, (In thousands) 2023 2022 2021 Operating lease expense $ 370,947 $ 356,151 $ 362,589 Variable lease expense 146,428 135,916 108,322 The following table provides the weighted-average remaining lease term and the weighted-average discount rate for the Company's operating leases as of December 31, 2023 and 2022: December 31, December 31, Operating lease weighted-average remaining lease term (in years) 11.4 11.1 Operating lease weighted-average discount rate 7.71 % 7.32% The following table provides the Company’s future maturities of operating leases as of December 31, 2023: (In thousands) Future maturities of operating leases liabilities: 2024 $ 316,771 2025 275,960 2026 244,019 2027 213,306 2028 180,177 Thereafter 1,165,129 Total lease payments 2,395,362 Less: Effect of discounting (852,641) Total operating lease liability $ 1,542,721 The following table provides supplemental cash flow information related to leases: Year Ended December 31, (In thousands) 2023 2022 2021 Cash paid for amounts included in measurement of operating lease liabilities $ 375,564 $ 361,425 $ 384,541 Lease liabilities arising from obtaining right-of-use assets (1) 330,155 350,106 312,066 (1) Includes new leases entered into in each respective year presented.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Commitments The Company has various commitments under non-cancelable contracts, including: • Contracts that meet the definition of a lease under ASC Topic 842, as previously described. Refer to Note 7 for the Company’s future maturities of operating lease liabilities as of December 31, 2023. • Non-cancelable contracts that provide the supplier with a substantive substitution right regarding the property, plant and equipment used to fulfill the contract, which do not meet the definition of a lease for accounting purposes under ASC Topic 842. • Capital expenditure commitments relating to required purchases of property, plant, and equipment under certain transit and street furniture contracts. As of December 31, 2023 , the Company’s future minimum payments under non-lease non-cancelable contracts in excess of one year and capital expenditure commitments consisted of the following: (In thousands) Non-Lease Capital Non-Cancelable Expenditure Contracts Commitments Future minimum payments: 2024 $ 170,301 $ 51,423 2025 149,394 20,314 2026 82,730 10,509 2027 67,596 8,129 2028 50,513 9,003 Thereafter 223,534 40,745 Total $ 744,068 $ 140,123 Legal Proceedings The Company and its subsidiaries are involved in certain legal proceedings arising in the ordinary course of business and, as required, have accrued an estimate of the probable costs for the resolution of those claims for which the occurrence of loss is probable and the amount can be reasonably estimated. These estimates have been developed in consultation with counsel and are based upon an analysis of potential results, assuming a combination of litigation and settlement strategies. It is possible, however, that future results of operations for any particular period could be materially affected by changes in the Company’s assumptions or the effectiveness of its strategies related to these proceedings. Additionally, due to the inherent uncertainty of litigation, there can be no assurance that the resolution of any particular claim or proceeding would not have a material adverse effect on the Company’s financial condition or results of operations. Although the Company is involved in a variety of legal proceedings in the ordinary course of business, a large portion of the Company’s litigation arises in the following contexts: commercial disputes, employment and benefits related claims, land use and zoning disputes, governmental fines, intellectual property claims and tax disputes. China Investigation Prior to the Company’s separation from iHeartCommunications, Inc. in 2019, two former employees of Clear Media Limited (“Clear Media”), a former indirect, non-wholly-owned subsidiary of the Company, were convicted in China of certain crimes, including the crime of misappropriation of Clear Media funds, and sentenced to imprisonment after a police investigation. The Company is not aware of any litigation, claim or assessment pending against the Company in relation to this proceeding. The Company advised both the U.S. Securities and Exchange Commission (the “SEC”) and the U.S. Department of Justice (the “DOJ”) of the investigation of Clear Media. Subsequent to the announcement that the Company was considering a strategic review of its stake in Clear Media, in March 2020, the Company received a subpoena from the staff of the SEC and a Grand Jury subpoena from the U.S. Attorney’s Office for the Eastern District of New York in connection with the investigation of Clear Media. In May 2020, the Company finalized the sale of its 50.91% stake in Clear Media. As previously disclosed, the Company engaged with the SEC and the DOJ regarding the potential resolution of this matter and, during the first quarter of 2022, recorded an estimated liability of $7.1 million related to such matter. Having reached an agreement in principle with the SEC to settle the claims against the Company, and based on the Company’s expectations relating to a definitive order, the Company recorded an incremental liability of $19.0 million for the second quarter of 2023 to equal the full amount of the expected settlement payment. In September 2023, the Company reached a settlement with the SEC. Without admitting or denying the underlying allegations, the Company agreed to pay a total of approximately $26.1 million in disgorgement, civil penalties and prejudgment interest to the SEC in a series of installments over the next year, of which approximately $13 million was paid in October 2023. In connection with the settlement, the DOJ declined to pursue any charges against the Company related to this matter. Other Contingencies In various areas in which the Company operates, out-of-home advertising is the object of restrictive and, in some cases, prohibitive zoning and other regulatory provisions, either enacted or proposed. The impact to the Company of loss of displays due to governmental action has been somewhat mitigated by Federal and state laws mandating compensation for such loss and constitutional restraints.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Income Tax Benefit Attributable to Continuing Operations Significant components of the Company’s income tax benefit attributable to continuing operations are as follows: (In thousands) Year Ended December 31, 2023 2022 2021 Current - federal $ (4,533) $ (1,415) $ — Current - state (439) (2,278) (1,293) Current - foreign (6,855) (4,890) 5,828 Total current tax (expense) benefit attributable to continuing operations (11,827) (8,583) 4,535 Deferred - federal 22,413 68,450 25,830 Deferred - state 6,200 22,041 5,678 Deferred - foreign 431 (1,516) 415 Total deferred tax benefit attributable to continuing operations 29,044 88,975 31,923 Income tax benefit attributable to continuing operations $ 17,217 $ 80,392 $ 36,458 The Company recognized current tax expense attributable to continuing operations of $11.8 million and $8.6 million in 2023 and 2022, respectively, and current tax benefit attributable to continuing operations of $4.5 million in 2021. The increase in current tax expense in 2023 was primarily driven by increased taxable income domestically and in various foreign tax jurisdictions compared to 2022 and 2021. In 2023, the Company recognized a deferred tax benefit attributable to continuing operations of $29.0 million, compared to $89.0 million and $31.9 million in 2022 and 2021, respectively. The deferred tax benefit for 2023 was primarily driven by financial reporting depreciation and amortization in excess of amounts recorded for tax purposes and interest expense carryforwards in the current year, the tax benefits from which are partially offset by valuation allowances due to uncertainty regarding the Company’s ability to realize those assets in future periods. The deferred tax benefit for 2022 was primarily driven by a partial release of the U.S valuation allowance due to the Company’s assessment of its deferred tax liabilities associated with billboard permits that will reverse in the future, thereby generating future taxable income for realization of U.S deferred tax assets. Prior to 2022, permits were treated as indefinite-lived intangible assets and were not amortized for financial reporting purposes. Refer to Note 2 for more information on the change in accounting estimate related to amortization of the Company’s permits. The deferred tax benefit for 2021 was primarily driven by impairment charges on the Company’s then-indefinite-lived permits, which resulted in a reduction in the associated deferred tax liability without a corresponding change in valuation allowance. Deferred Taxes Significant components of the Company’s deferred tax liabilities and assets as of December 31, 2023 and 2022 are as follows: (In thousands) December 31, December 31, 2023 2022 Deferred tax liabilities: Operating lease right-of-use assets $ 372,963 $ 349,279 Intangible assets (1) 311,587 333,750 Fixed assets 21,691 17,718 Other 3,547 13,779 Total deferred tax liabilities 709,788 714,526 Deferred tax assets: Operating lease liabilities 385,514 360,185 Net operating loss carryforwards (2) 127,603 136,885 Interest expense carryforwards (3) 136,617 119,336 Accrued expenses 16,496 15,821 Stock-based compensation expense (4) 4,415 4,778 Credit loss provision 3,577 3,054 Other 11,533 18,987 Total deferred tax assets 685,755 659,046 Less: Valuation allowance (5) 207,448 180,730 Net deferred tax assets (6) 478,307 478,316 Net deferred tax liabilities $ 231,481 $ 236,210 (1) The deferred tax liabilities associated with intangible assets that are categorized as indefinite-lived, including permanent easements and tax-deductible goodwill, will not reverse over time unless the Company recognizes future impairment charges or sells these intangible assets. (2) At December 31, 2023, the Company had recorded deferred tax assets for net operating loss carryforwards (tax-effected) for federal and state income tax purposes of $73.4 million. The Company’s federal and certain state net operating losses carry forward indefinitely without expiration, while the remaining state net operating loss carryforwards expire in various amounts through 2043. At December 31, 2023, the Company had recorded $54.2 million (tax-effected) of deferred tax assets for foreign net operating loss carryforwards, the majority of which may be carried forward without expiration. (3) Section 163(j) of the Internal Revenue Code generally limits the deduction for business interest expense to 30% of adjusted taxable income and provides that any disallowed interest expense may be carried forward indefinitely. In applying the rules under Section 163(j), the Company made the election to be considered an operator of a “real property trade or business” and therefore records a carryforward deferred tax asset for federal and state purposes related to interest expense limitations on its non-real property assets. (4) Full realization of the deferred tax assets related to stock-based compensation expense under ASC Subtopic 718-10 requires stock options to be exercised at a price equaling or exceeding the sum of the grant price plus the fair value of the option at the grant date and restricted stock to vest at a price equaling or exceeding the fair market value at the grant date. Accordingly, there can be no assurance that the stock price of the Company’s common stock will rise to levels sufficient to realize the entire deferred tax benefit currently reflected in the Company’s Consolidated Balance Sheet. See Note 13 for additional discussion of ASC Subtopic 718-10. (5) Due to the Company’s evaluation of all available evidence, including significant negative evidence of cumulative losses in the related jurisdictions, the Company continues to record valuation allowances on deferred tax assets that are not expected to be realized. As of December 31, 2023, the Company had valuation allowances of $92.2 million recorded against a portion of its federal and state deferred tax assets and $115.2 million recorded against its deferred tax assets in foreign jurisdictions. (6) The Company expects to realize the benefits of this portion of its deferred tax assets based upon its assessment of deferred tax liabilities that will reverse in the same carryforward period and jurisdiction and are of the appropriate character, as well as the Company's ability to generate future taxable income in certain tax jurisdictions. Any deferred tax liabilities associated with indefinite-lived intangible assets are not relied upon as a source of future taxable income. Effective Tax Rate Income (loss) from continuing operations before income taxes was as follows: (In thousands) Year Ended December 31, 2023 2022 2021 U.S. $ (200,961) $ (77,153) $ (321,194) Foreign 26,637 (50,542) (73,408) Total loss from continuing operations before income taxes $ (174,324) $ (127,695) $ (394,602) The reconciliation of income tax benefit computed at the U.S. federal statutory rates to income tax benefit attributable to continuing operations is as follows: (In thousands) Year Ended December 31, 2023 2022 2021 Amount Percent Amount Percent Amount Percent Income tax benefit at statutory rates $ 36,608 21.0 % $ 26,816 21.0 % $ 82,866 21.0 % State income taxes, net of federal tax effect 7,778 4.5 % 3,683 2.9 % 10,088 2.6 % Foreign income taxes (2,204) (1.3) % (17,018) (13.3) % (13,742) (3.5) % Nondeductible items (4,447) (2.6) % (6,004) (4.7) % (229) (0.1) % Changes in valuation allowance and other estimates (20,454) (11.7) % 79,352 62.1 % (45,710) (11.6) % Other, net (64) — % (6,437) (5.0) % 3,185 0.8 % Income tax benefit attributable to continuing operations $ 17,217 9.9 % $ 80,392 63.0 % $ 36,458 9.2 % The effective tax rates for continuing operations of 9.9%, 63.0% and 9.2% in 2023, 2022 and 2021, respectively, were largely impacted by increases in the valuation allowance recorded against deferred tax assets resulting from losses and interest expense carryforwards in the U.S. and certain foreign jurisdictions due to uncertainty regarding the Company’s ability to realize those assets in future periods. In 2022, however, this was more than offset by a reduction in the valuation allowance driven by the classification change of permit intangible assets from indefinite-lived to finite-lived for financial reporting purposes. Unrecognized Tax Benefits A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows: (In thousands) Year Ended December 31, Unrecognized Tax Benefits 2023 2022 Balance at beginning of period $ 21,676 $ 20,506 Increases for tax position taken in the current year 270 2,045 Increases for tax positions taken in previous years 694 228 Decreases for tax positions taken in previous years (916) (424) Decreases due to settlements with tax authorities (156) (605) Decreases due to lapse of statute of limitations (1) (7,912) (74) Balance at end of period $ 13,656 $ 21,676 (1) All federal income tax matters through 2019 are closed. Substantially all material state, local, and foreign income tax matters have been concluded for years through 2008. The Company records interest and penalties related to unrecognized tax benefits in current income tax expense. At December 31, 2023 and 2022, the total amount of interest accrued was $6.1 million and $5.2 million, respectively, resulting in total unrecognized tax benefits, including accrued interest and penalties, of $19.7 million and $26.9 million, respectively. The unrecognized tax benefits, net of deposits on account with taxing authorities, are reflected on the Company’s Consolidated Balance Sheets as follows: $15.9 million is included in “Other liabilities” at both December 31, 2023 and 2022. In addition, $3.9 million and $11.0 million of unrecognized tax benefits are netted with the Company’s deferred tax assets for its net operating loss carryforwards at December 31, 2023 and 2022, respectively. The total amount of unrecognized tax benefits at December 31, 2023 and 2022 that, if recognized, would have impacted the effective income tax rate was $8.8 million and $9.5 million, respectively.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT The Company’s property, plant and equipment consisted of the following classes of assets as of December 31, 2023 and 2022: (In thousands) December 31, December 31, Structures $ 2,157,237 $ 2,098,547 Furniture and other equipment 229,514 211,319 Land, buildings and improvements 143,300 131,758 Construction in progress 57,335 67,047 Property, plant and equipment, gross 2,587,386 2,508,671 Less: Accumulated depreciation (1,921,042) (1,836,558) Property, plant and equipment, net $ 666,344 $ 672,113 Asset Acquisitions During 2023, the Company acquired billboard structures and land of $1.8 million and $0.1 million, respectively, as part of asset acquisitions. During 2022, the Company acquired billboard structures and land of $2.9 million and $8.2 million, respectively, as part of asset acquisitions. Depreciation Total depreciation expense related to property, plant and equipment for continuing operations for 2023 , 2022 and 2021 was $162.8 million, $182.1 million, and $190.5 million, respectively. As certain assets have become fully depreciated, depreciation expense has decreased. Impairment The Company did not recognize any impairments on property, plant and equipment during 2023, 2022 or 2021.

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS AND GOODWILL	INTANGIBLE ASSETS AND GOODWILL Intangible Assets The following table presents the gross carrying amount and accumulated amortization for each major class of intangible assets as of December 31, 2023 and 2022: (In thousands) December 31, 2023 December 31, 2022 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Permits $ 746,126 $ (80,439) $ 739,119 $ (16,058) Transit, street furniture and other outdoor 356,883 (325,357) 352,663 (315,144) Permanent easements 163,293 — 160,688 — Trademarks 83,569 (39,214) 83,569 (30,889) Other 1,107 (1,094) 1,146 (1,087) Total intangible assets $ 1,350,978 $ (446,104) $ 1,337,185 $ (363,178) Asset Acquisitions During 2023, the Company acquired permits and permanent easements of $7.0 million and $3.8 million, respectively, as part of asset acquisitions. The acquired permits have amortization periods ranging from 11 to 16 years. During 2022, the Company acquired permits and permanent easements of $48.4 million and $3.8 million, respectively, as part of asset acquisitions. Amortization Total amortization expense related to finite-lived intangible assets for continuing operations for 2023 , 2022 and 2021 was $79.0 million, $35.7 million, and $22.6 million, respectively. The increase in amortization expense was driven by the change in the classification of permits from indefinite-lived to finite-lived in the fourth quarter of 2022, as described in Note 2. The following table presents the Company’s estimate of future amortization expense; however, in the event that acquisitions and dispositions occur in the future, amortization expense may vary. (In thousands) 2024 $ 78,854 2025 78,734 2026 77,965 2027 76,764 2028 75,506 Thereafter 353,758 Total $ 741,581 Impairment As described in Note 2, the Company performs its annual impairment test for indefinite-lived intangible assets as of July 1 of each year, and more frequently as events or changes in circumstances warrant. No impairment was recognized during 2023 as a result of these tests. In 2022, the Company recognized total impairment charges of $22.7 million, including $21.8 million on its then-indefinite-lived permits, driven by rising interest rates and inflation, and $0.9 million on permanent easements. In 2021, the Company recognized an impairment charge Goodwill The following table presents changes in the goodwill balance for the Company’s segments with goodwill during 2022 and 2023: (In thousands) America Airports Europe-North Consolidated Balance as of December 31, 2021 (1) $ 482,937 $ 24,882 $ 151,710 $ 659,529 Foreign currency impact — — (8,886) (8,886) Balance as of December 31, 2022 482,937 24,882 142,824 650,643 Foreign currency impact — — 5,920 5,920 Balance as of December 31, 2023 $ 482,937 $ 24,882 $ 148,744 $ 656,563 (1) The balance at December 31, 2021 is net of cumulative impairments of $2.6 billion for America, $79.4 million for Europe-North, $90.4 million for Other. Impairment As described in Note 2, the Company performs its annual impairment test for goodwill as of July 1 each year, and more frequently as events or changes in circumstances warrant. The Company did not recognize any goodwill impairment for its continuing operations during 2023, 2022 or 2021.

ASSET RETIREMENT OBLIGATIONS

ASSET RETIREMENT OBLIGATIONS	12 Months Ended
	Dec. 31, 2023
Asset Retirement Obligation Disclosure [Abstract]
ASSET RETIREMENT OBLIGATIONS	ASSET RETIREMENT OBLIGATIONS The following table presents the activity related to the Company’s asset retirement obligations: (In thousands) Year Ended December 31, 2023 2022 Beginning balance $ 36,698 $ 33,853 Additions and adjustments due to changes in estimates 3,343 2,923 Accretion of liability 2,731 2,715 Liabilities settled (1,769) (1,629) Foreign currency impact 584 (1,164) Ending balance $ 41,587 $ 36,698

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
STOCKHOLDERS' DEFICIT	STOCKHOLDERS’ DEFICIT Share-Based Compensation Share-Based Compensation Plans The Company has historically granted equity incentive awards to executive officers and other eligible participants under the 2012 Amended and Restated Stock Incentive Plan (the “2012 Stock Incentive Plan”). On May 5, 2021, the Company’s stockholders approved the adoption of the 2012 Second Amended and Restated Equity Incentive Plan (the “2021 Stock Incentive Plan”), which amends and restates the 2012 Stock Incentive Plan. The 2021 Stock Incentive Plan is a broad-based incentive plan that provides for granting stock options, stock appreciation rights, restricted stock, restricted stock units, and performance-based cash and stock awards to any of the Company’s or its subsidiaries’ present or future directors, officers, employees, consultants or advisors. As of December 31, 2023, the Company had 17,570,195 shares available for issuance under the 2021 Stock Incentive Plan, assuming a 100% payout of the Company’s outstanding performance stock units. Share-Based Compensation Expense Share-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as expense on a straight-line basis over the vesting period. Share-based compensation expense for continuing operations, which is recognized within “Corporate expenses” on the Consolidated Statements of Loss, was as follows: (In thousands) Year Ended December 31, 2023 2022 2021 Restricted stock units and awards $ 15,369 $ 15,298 $ 14,774 Performance stock units 4,830 5,083 4,007 Stock options and other 131 131 27 Total share-based compensation expense $ 20,330 $ 20,512 $ 18,808 The tax benefit related to the share-based compensation expense for continuing operations for 2023, 2022 and 2021 was $5.2 million, $5.3 million and $4.7 million, respectively. As of December 31, 2023, there was $20.3 million of unrecognized compensation cost related to unvested share-based compensation arrangements that will vest based on service conditions. This cost is expected to be recognized over a weighted average period of approximately two years. Restricted Stock Units and Awards The Company grants restricted stock units (“RSUs”) under its equity incentive plan. RSUs generally represent the right to receive shares upon vesting or, in some instances, may be settled in cash equal to the fair market value of the number of vested shares at the election of the compensation committee of the Board of Directors, and generally vest ratably in annual increments over a three-year period. RSUs are forfeited, except in certain circumstances, in the event the grantee terminates his or her employment or relationship with the Company prior to vesting. Prior to 2020, the Company also granted restricted stock awards (“RSAs”) under its equity incentive plan. RSAs represented shares of common stock that contained a legend which restricted their transferability for a term of up to five years. The following table presents a summary of the Company’s RSUs and RSAs outstanding at December 31, 2023 and related activity during the year: (Shares in thousands) Number of Weighted-Average Grant-Date Fair Value Outstanding, January 1, 2023 (1) 12,635 $ 2.08 Granted (2) 15,605 $ 1.32 Vested (3) (7,734) $ 1.93 Forfeited (457) $ 1.78 Outstanding, December 31, 2023 (3) 20,049 $ 1.56 (1) Excludes shares granted to employees of discontinued operations. (2) The weighted-average grant-date fair value of the Company’s RSUs granted during 2023, 2022 and 2021 was $1.32, $2.58 and $2.27 per share, respectively. (3) All RSAs that were outstanding as of January 1, 2023 vested during the year, resulting in only RSUs remaining outstanding as of December 31, 2023. Performance Stock Units The Company grants performance stock units (“PSUs”) under its equity incentive plan. PSUs represent the right to receive shares of the Company’s common stock, which vest and become earned based on the achievement of the Company’s total shareholder return relative to the Company’s peer group (the “Relative TSR”) over a three-year performance period. • For PSUs granted prior to 2023, if the Company achieves Relative TSR at the 90 th percentile or higher, the PSUs will be earned at 150% of the target number of shares; if the Company achieves Relative TSR at the 60 th percentile, the PSUs will be earned at 100% of the target number of shares; if the Company achieves Relative TSR at the 30 th percentile, the PSUs will be earned at 50% of the target number of shares; and if the Company achieves Relative TSR below the 25 th percentile, no PSUs will be earned. To the extent Relative TSR is between achievement levels, the portion of the PSUs that is earned will be determined using straight-line interpolation. • For PSUs granted in 2023, if the Company achieves Relative TSR at the 75 th percentile or higher, the PSUs will be earned at 150% of the target number of shares; if the Company achieves Relative TSR at the 50 th percentile, the PSUs will be earned at 100% of the target number of shares; if the Company achieves Relative TSR at the 25 th percentile, the PSUs will be earned at 50% of the target number of shares; and if the Company achieves Relative TSR below the 25 th percentile, no PSUs will be earned. To the extent Relative TSR is between achievement levels, the portion of the PSUs that is earned will be determined using straight-line interpolation. Notwithstanding the foregoing, to the extent the Company’s absolute total shareholder return over the performance period is less than 0%, the maximum payout shall not be greater than 100% of the target number of shares. PSUs, which are considered market-condition awards pursuant to ASC Topic 260, are measured at the grant-date fair value based on a Monte Carlo simulation model as of the grant date. The following assumptions were used to calculate the fair value of the Company’s PSUs on the date of grant: Year Ended December 31, 2023 2022 2021 Expected volatility 79.3% 68.6% 65.8% Risk-free interest rate 3.7% 2.8% 0.3% Expected dividend yield —% —% —% The following table presents a summary of the Company’s PSUs outstanding, assuming a 100% payout, at December 31, 2023 and related activity during the year: (Shares in thousands) Number of PSUs Weighted-Average Grant-Date Fair Value Outstanding, January 1, 2023 7,564 $ 1.83 Granted (1) 3,433 $ 1.62 Vested (2,400) $ 1.00 Forfeited (2) (1,310) $ 1.00 Outstanding, December 31, 2023 7,287 $ 2.15 (1) The weighted-average grant-date fair value of the Company’s PSUs granted during 2023, 2022 and 2021 was $1.62, $2.69 and $2.55 per share, respectively. (2) Forfeitures include the portion of PSUs granted in 2020 that were not earned based on the Company’s Relative TSR over the three-year performance period. Stock Options The Company has historically granted options to purchase shares of its common stock to certain employees and directors of the Company and its affiliates under its equity incentive plan at no less than the fair value of the underlying stock on the date of grant. These options were granted for a term not exceeding ten years, are generally forfeited in the event the recipient terminates his or her employment or relationship with the Company or one of its affiliates, and vested solely on continued service over a period of up to five years. The equity incentive plan contains anti-dilutive provisions that permit an adjustment for any change in capitalization. The Company accounts for its share-based compensation using the fair value recognition provisions of ASC Subtopic 718-10. The fair value of each option awarded was estimated on the date of grant using a Black-Scholes option-pricing model and amortized straight-line to expense over the vesting period. The Company did not estimate forfeitures at grant date, but rather elected to account for forfeitures when they occur. The following table presents a summary of the Company’s stock options outstanding at December 31, 2023 and related activity during the year: (In thousands, except per share data) Options Weighted-Average Exercise Price Weighted-Average Aggregate Outstanding, January 1, 2023 (1) 3,373 $ 5.55 4.0 years $ — Expired (156) $ 5.89 Outstanding, December 31, 2023 (2) 3,217 $ 5.53 3.2 years $ — (1) Excludes shares granted to employees of discontinued operations. (2) All outstanding stock options were fully vested and exercisable as of December 31, 2023. Computation of Net Loss per Share The following table presents the computation of net loss per share for 2023, 2022 and 2021: (In thousands, except per share data) Year Ended December 31, 2023 2022 2021 Numerators: Loss from continuing operations $ (157,107) $ (47,303) $ (358,144) Less: Net income from continuing operations attributable to noncontrolling interests 2,009 2,253 599 Net loss from continuing operations attributable to the Company (159,116) (49,556) (358,743) Loss from discontinued operations (151,709) (47,085) (74,976) Less: Net income (loss) from discontinued operations attributable to noncontrolling interests 97 (37) 96 Net loss from discontinued operations attributable to the Company (151,806) (47,048) (75,072) Net loss attributable to the Company $ (310,922) $ (96,604) $ (433,815) Denominators: Weighted average common shares outstanding – Basic 481,727 474,362 468,491 Weighted average common shares outstanding – Diluted 481,727 474,362 468,491 Net loss attributable to the Company per share of common stock — Basic: Net loss from continuing operations attributable to the Company per share of common stock $ (0.33) $ (0.10) $ (0.77) Net loss from discontinued operations attributable to the Company per share of common stock (0.32) (0.10) (0.16) Net loss attributable to the Company per share of common stock — Basic (1) $ (0.65) $ (0.20) $ (0.93) Net loss attributable to the Company per share of common stock — Diluted: Net loss from continuing operations attributable to the Company per share of common stock $ (0.33) $ (0.10) $ (0.77) Net loss from discontinued operations attributable to the Company per share of common stock (0.32) (0.10) (0.16) Net loss attributable to the Company per share of common stock — Diluted (1) $ (0.65) $ (0.20) $ (0.93) (1) Due to rounding, the total may not equal the sum of the line items in the table above. Outstanding equity awards of 24.3 million, 24.7 million and 26.1 million for 2023, 2022 and 2021, respectively, were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS Defined-Contribution Plans The Company’s U.S. employees are eligible to participate in a 401(k) savings plan. Under this plan, an employee can make pre-tax and post-tax contributions, subject to IRS limitations for Highly Compensated Employees, and the Company will match 50% of the employee’s first 5% of pay contributed to the plan, up to a maximum match of $5,000 per year. Employees vest in these Company matching contributions based upon their years of service to the Company. The Company recorded contributions to this plan of $3.3 million, $2.9 million and $2.4 million in 2023, 2022 and 2021, respectively, as a component of operating expenses. The Company’s international employees participate in retirement plans administered as a service by third-party administrators. Related to its continuing operations, the Company recorded contributions to these plans of $7.3 million, $7.6 million and $2.8 million in 2023, 2022 and 2021, respectively, as a component of operating expenses. Defined-Benefit Pension Plans The Company also maintains defined-benefit pension plans for employees in certain of the Company’s international markets. Benefits under the defined-benefit pension plans are typically based either on years of service and the employee’s compensation (generally during a fixed number of years immediately before retirement) or on annual credits. The range of assumptions used for the defined-benefit pension plans reflects the different economic environments within the various countries. Net Periodic Pension Benefit The table below presents the components of net periodic pension benefit for continuing operations recognized in the Consolidated Statements of Loss: (In thousands) Year Ended December 31, 2023 2022 2021 Service cost $ 137 $ 162 $ 99 Interest cost 3,318 1,912 1,732 Expected return on plan assets (5,028) (4,680) (4,476) Amortization of actuarial losses 1,050 452 1,227 Amortization of prior service costs (85) 15 (4,939) Curtailment/forfeiture gain (19) — — Total net periodic pension benefit $ (627) $ (2,139) $ (6,357) On the Consolidated Statements of Loss, the service cost component of net periodic pension benefit is reported in “Direct operating expenses” and “Selling, general and administrative expenses,” and the remaining components of net periodic pension benefit are reported in “Other income (expense), net.” Projected Benefit Obligation and Fair Value of Plan Assets The following table presents the changes in the Company’s projected benefit obligation and the fair value of plan assets: (In thousands) Year Ended December 31, 2023 2022 Projected benefit obligation: Beginning balance, projected benefit obligation $ 73,669 $ 124,199 Service cost 137 162 Interest cost 3,318 1,912 Contributions by plan participants 97 88 Actuarial loss (gain) (1),(2) 12,686 (36,785) Foreign exchange impact 3,938 (12,748) Benefits paid (3,414) (3,159) Plan curtailment/forfeitures (19) — Ending balance, projected benefit obligation $ 90,412 $ 73,669 Fair value of plan assets: Beginning balance, fair value of plan assets $ 76,336 $ 132,490 Actual return (loss) on plan assets 4,755 (40,743) Foreign exchange impact 4,167 (13,688) Contributions by Company (1) 7,156 1,348 Contributions by plan participants 97 88 Benefits paid (3,414) (3,159) Ending balance, fair value of plan assets $ 89,097 $ 76,336 (Underfunded) / Overfunded status, net (3) $ (1,315) $ 2,667 (1) In 2023, the Company entered into a buy-in transaction for one of its plans. Under such transaction, the Company purchased a group annuity contract from an insurer that will cover benefit payment reimbursements for the plan’s beneficiaries. The value of the benefit obligation associated with the participants covered by this contract was increased to equal the fair value of the buy-in contract, resulting in an actuarial loss. (2) The actuarial gain in 2022 represents the decrease to the projected benefit obligation resulting from changes in the actuarial assumptions used, primarily an increased discount rate. (3) Represents the net underfunded or overfunded status of the Company’s defined-benefit pension plans. The related liability or asset for each plan, dependent upon whether it is underfunded or fully funded, is recorded within “Other long-term liabilities” or “Other assets,” respectively, on the Company’s Consolidated Balance Sheet. As of December 31, 2023, the Company had $1.3 million reported in “Other long-term liabilities,” and as of December 31, 2022, the Company had $3.7 million r eported in “Other assets” and $1.0 million reported in “Other long-term liabilities.” The accumulated benefit obligation is the present value of benefits earned to date, assuming no future salary increases. The aggregate accumulated benefit obligation for the Company’s defined-benefit pension plans as of December 31, 2023 and 2022 was $90.2 million and $73.3 million, respectively. As of December 31, 2023, the aggregate accumulated benefit obligation for the defined-benefit pension plans exceeded plan assets. As of December 31, 2022, plan assets exceeded the aggregate accumulated benefit obligation. Other Comprehensive Income (Loss) The following table presents the pre-tax net loss (gain) and the amortization of pre-tax net loss and prior service costs recognized in accumulated other comprehensive loss: (In thousands) Year Ended December 31, 2023 2022 2021 Beginning balance, accumulated other comprehensive loss $ 26,718 $ 24,926 $ 50,985 Reclassification adjustment related to sold businesses 3,106 — — Net actuarial loss (gain) arising during the period 12,959 1,314 (21,932) Amortization of net actuarial loss (1,050) (320) (923) Amortization of prior service costs 85 289 4,911 Plan amendments during the period — — (4,604) Other adjustments 1,532 509 (3,511) Ending balance, accumulated other comprehensive loss $ 43,350 $ 26,718 $ 24,926 For the years ended December 31, 2023, 2022 and 2021, the total change in “Other comprehensive income” related to the impact of pensions on deferred income tax liabilities was $(0.1) million, $(0.4) million and $0.2 million, respectively. The following table presents the amounts in accumulated other comprehensive loss that have not yet been recognized as components of net periodic pension cost (benefit): (In thousands) Year Ended December 31, 2023 2022 2021 Unrecognized net actuarial loss $ 43,640 $ 27,822 $ 26,729 Unrecognized prior service cost (290) (1,104) (1,803) Total $ 43,350 $ 26,718 $ 24,926 Assumptions Used The following table presents the assumptions used to measure the net periodic pension cost (benefit) and the year-end projected benefit obligation: Year Ended December 31, 2023 2022 2021 Weighted-average assumptions used to measure net periodic pension cost (benefit): Discount rates 1.50% - 4.65% 0.20% - 1.80% 0.00% - 1.30% Expected long-term rates of return on plan assets 2.00% - 6.80% 1.50% - 4.00% 1.50% - 3.90% Rates of compensation increase 1.00% - 3.75% 0.50% - 2.60% 0.50% - 2.30% Weighted-average assumptions used to measure projected benefit obligation: Discount rates 1.50% - 4.15% 2.25% - 4.65% 0.20% - 1.80% Expected long-term rates of return on plan assets 2.00% - 4.15% 2.00% - 6.80% 1.50% - 4.00% Rates of compensation increase 1.00% - 3.80% 1.00% - 3.75% 0.50% - 2.60% Discount Rates The discount rate assumptions for jurisdictions for which rates are not determined by the government reflect the yields available on high-quality, fixed income debt instruments at the measurement date. A portfolio of high-quality corporate bonds is used to construct a yield curve. The cash flows from the Company’s expected benefit obligation payments are then matched to the yield curve to derive the discount rates. In certain countries, where the markets for high-quality long-term bonds are not generally as well developed, a portfolio of long-term government bonds is used as a base, to which a credit spread is added to simulate corporate bond yields at these maturities in the jurisdiction of each plan, as the benchmark for developing the respective discount rates. Expected Long-Term Rates of Return on Plan Assets Expected long-term rates of return on plan assets, a component of net periodic pension cost (benefit), are based on the calculated market-related value of plan assets and take into account long-term expectations for future returns and the investment policies and strategies of the respective plans. These rates of return are developed by the Company and are tested for reasonableness against historical returns. The use of expected long-term rates of return on plan assets may result in recognized pension income that is greater or less than the actual returns of those plan assets in any given year. Over time, however, the expected long-term rates of return are designed to approximate the actual long-term returns and therefore result in a pattern of income and cost recognition that more closely matches the pattern of the services provided by the employees. Differences between actual and expected returns are recognized as a component of net loss or gain in accumulated other comprehensive loss, which is amortized as a component of net periodic pension cost (benefit) over the service lives or life expectancy of the plan participants, depending on the plan, provided such amounts exceed certain thresholds provided by accounting standards. Rates of Compensation Increase and Mortality Rate The rates of compensation increase is determined by the Company, based upon its long-term plans for such increases. Mortality rate assumptions are based on life expectancy and death rates for different types of participants. Mortality rates are periodically updated based on actual experience. Defined-Benefit Pension Plan Assets The following tables present the fair value of each class of plan assets held by the Company’s defined-benefit pension plans, categorized by level of the fair value hierarchy, at December 31, 2023 and 2022: (In thousands) December 31, 2023 Level 1 (1) Level 2 (2) Level 3 Cash and short-term investments $ — $ 554 $ — Equity securities — 1,243 — Real estate — 831 — Fixed income: Corporate bonds — 1,104 — Insurance contracts — 85,365 — Fair value of plan assets $ — $ 89,097 $ — (In thousands) December 31, 2022 Level 1 (1) Level 2 (2) Level 3 Cash and short-term investments $ — $ 2,174 $ — Credit instruments — 10,493 — Equity securities — 45,796 — Real estate — 870 — Fixed income: Corporate bonds — 13,781 — Insurance contracts — 3,222 — Fair value of plan assets $ — $ 76,336 $ — (1) Assets categorized as Level 1 are measured at fair value using unadjusted quoted prices in active markets for identical assets. (2) Assets categorized as Level 2 are measured at fair value using inputs other than quoted prices in active markets that are observable for the assets, either directly or indirectly. Expected Benefit Payments The following table presents the expected benefit payments to defined-benefit pension plan participants over the next ten years. These payments have been estimated based on the same assumptions used to measure the plans’ pension benefit obligation at December 31, 2023 and include benefits attributable to estimated future compensation increases, where applicable: (In thousands) Expected benefit payments: 2024 $ 3,149 2025 3,364 2026 2,999 2027 3,168 2028 3,416 2029 - 2033 20,631 Plan Contributions

OTHER INFORMATION

OTHER INFORMATION	12 Months Ended
	Dec. 31, 2023
Other Income and Expenses [Abstract]
OTHER INFORMATION	OTHER INFORMATION Reconciliation of Cash, Cash Equivalents and Restricted Cash The following table reconciles cash and cash equivalents reported in the Consolidated Balance Sheets to cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows: (In thousands) December 31, 2023 December 31, 2022 Cash and cash equivalents in the Balance Sheets $ 251,652 $ 282,232 Cash and cash equivalents included in Current assets of discontinued operations 651 5,118 Restricted cash included in: Other current assets 3,051 1,953 Current assets of discontinued operations 724 1,322 Other assets 4,463 4,149 Other assets of discontinued operations — 3,908 Total cash, cash equivalents and restricted cash in the Statements of Cash Flows $ 260,541 $ 298,682 Accounts Receivable The following table discloses the components of “Accounts receivable, net” as reported in the Consolidated Balance Sheets: (In thousands) December 31, 2023 December 31, 2022 Accounts receivable $ 514,891 $ 467,776 Less: Allowance for credit losses (15,080) (14,093) Accounts receivable, net $ 499,811 $ 453,683 Credit loss expense (reversal) related to accounts receivable of continuing operations was $3.8 million, $5.7 million, and $(3.0) million during 2023, 2022, and 2021, respectively. The net credit loss reversal in 2021 was driven by our recovery from COVID-19. Accrued Expenses The following table discloses the components of “Accrued expenses” as of December 31, 2023 and 2022, respectively: (In thousands) As of December 31, 2023 2022 Accrued rent $ 114,489 $ 86,892 Accrued employee compensation and benefits 73,422 86,630 Accrued taxes 51,209 37,590 Accrued agency commissions and incentives 42,736 31,675 Accrued other 103,764 87,963 Total accrued expenses $ 385,620 $ 330,750 Consolidated Statements of Loss The following table discloses the components of “Other income (expense), net” for 2023 , 2022 and 2021: (In thousands) Year Ended December 31, 2023 2022 2021 Foreign exchange gain (loss) $ 11,895 $ (39,666) $ (3,062) Equity in earnings of nonconsolidated affiliates 1,743 1,943 176 Other (1) (7,235) 663 1,244 Total other income (expense), net $ 6,403 $ (37,060) $ (1,642) (1) In 2023, Other primarily consists of expenses related to the CCOH 9.000% Senior Secured Notes issuance and Term Loan Facility prepayment, described further in Note 6, and fair value adjustments of financial assets. This is partially offset by net periodic pension benefit, described further in Note 14.

QUARTERLY RESULTS OF OPERATIONS

QUARTERLY RESULTS OF OPERATIONS (Unaudited)	12 Months Ended
	Dec. 31, 2023
Quarterly Financial Data [Abstract]
QUARTERLY RESULTS OF OPERATIONS (Unaudited)	– QUARTERLY RESULTS OF OPERATIONS (Unaudited) The following tables present the Consolidated Statements of Income (Loss) and net income (loss) per share for each quarter of 2023 and 2022, revised to report results of discontinued operations as a separate component of Consolidated net income (loss) for each period presented in accordance with GAAP. (In thousands) Three Months Ended Three Months Ended Three Months Ended Three Months Ended 2023 2022 2023 2022 2023 2022 2023 2022 Revenue $ 437,420 $ 436,138 $ 530,820 $ 512,299 $ 526,786 $ 503,344 $ 632,114 $ 562,247 Operating expenses: Direct operating expenses (1) 252,603 235,880 266,226 244,073 271,377 241,389 302,480 260,637 Selling, general and administrative expenses (1) 89,895 83,126 89,314 90,182 87,083 90,381 105,351 93,900 Corporate expenses (1) 36,180 45,099 58,316 39,925 34,931 38,299 42,897 38,529 Depreciation and amortization 64,208 51,252 64,502 51,229 57,699 49,871 55,419 65,483 Impairment charges — — — 21,805 — 871 — — Other operating expense (income), net 3,920 (4,928) 23 3,741 6,179 1,863 1,647 1,457 Operating income (loss) (9,386) 25,709 52,439 61,344 69,517 80,670 124,320 102,241 Interest expense, net (102,500) (82,599) (104,733) (86,485) (107,391) (92,620) (106,810) (98,895) Gain on extinguishment of debt — — — — 3,817 — — — Other income (expense), net 8,780 (5,894) 12,211 (26,401) (17,269) (27,968) 2,681 23,203 Income (loss) from continuing operations before income taxes (103,106) (62,784) (40,083) (51,542) (51,326) (39,918) 20,191 26,549 Income tax benefit (expense) attributable to continuing operations 10,501 1,722 1,277 (22,397) 244 21,120 5,195 79,947 Income (loss) from continuing operations (92,605) (61,062) (38,806) (73,939) (51,082) (18,798) 25,386 106,496 Income (loss) from discontinued operations 57,183 (28,667) 2,227 8,622 (211,736) (19,982) 617 (7,058) Consolidated net income (loss) (35,422) (89,729) (36,579) (65,317) (262,818) (38,780) 26,003 99,438 Less: Net income (loss) attributable to noncontrolling interests (510) 139 718 347 672 977 1,226 753 Net income (loss) attributable to the Company $ (34,912) $ (89,868) $ (37,297) $ (65,664) $ (263,490) $ (39,757) $ 24,777 $ 98,685 (1) Excludes depreciation and amortization (In thousands, except per share data) Three Months Ended Three Months Ended Three Months Ended Three Months Ended 2023 2022 2023 2022 2023 2022 2023 2022 Weighted average common shares outstanding - Basic and Diluted: Weighted average common shares outstanding – basic 478,501 470,568 482,373 475,125 482,945 475,612 483,027 476,069 Weighted average common shares outstanding – diluted 478,501 470,568 482,373 475,125 482,945 475,612 489,132 481,664 Net income (loss) attributable to the Company per share of common stock - Basic: Net income (loss) from continuing operations attributable to the Company per share of common stock $ (0.19) $ (0.13) $ (0.08) $ (0.16) $ (0.11) $ (0.04) $ 0.05 $ 0.22 Net income (loss) from discontinued operations attributable to the Company per share of common stock 0.12 (0.06) — 0.02 (0.44) (0.04) — (0.01) Net income (loss) attributable to the Company per share of common stock - Basic (1) $ (0.07) $ (0.19) $ (0.08) $ (0.14) $ (0.55) $ (0.08) $ 0.05 $ 0.21 Net income (loss) attributable to the Company per share of common stock - Diluted: Net income (loss) from continuing operations attributable to the Company per share of common stock $ (0.19) $ (0.13) $ (0.08) $ (0.16) $ (0.11) $ (0.04) $ 0.05 $ 0.22 Net income (loss) from discontinued operations attributable to the Company per share of common stock 0.12 (0.06) — 0.02 (0.44) (0.04) — (0.01) Net income (loss) attributable to the Company per share of common stock - Diluted (1) $ (0.07) $ (0.19) $ (0.08) $ (0.14) $ (0.55) $ (0.08) $ 0.05 $ 0.20 (1) Due to rounding, the total may not equal the sum of the line items in the table above.

SCHEDULE II VALUATION AND QUALI

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS Allowance for Credit Losses (In thousands) Balance at Credit Loss Write-off Balance Beginning Expense of Accounts at End of Description of period (Reversal) Receivable Other (1) Period Year Ended December 31, 2021 $ 20,600 $ (2,963) $ (3,639) $ 49 $ 14,047 Year Ended December 31, 2022 $ 14,047 $ 5,679 $ (4,976) $ (657) $ 14,093 Year Ended December 31, 2023 $ 14,093 $ 3,765 $ (2,884) $ 106 $ 15,080 (1) Other primarily includes foreign currency adjustments. Deferred Tax Asset Valuation Allowance (In thousands) Balance at Charges Balance Beginning to Costs and at end of Description of Period Expenses (1) Reversal (2) Adjustments (3) Period Year Ended December 31, 2021 $ 191,854 $ 66,160 $ (2,091) $ (3,752) $ 252,171 Year Ended December 31, 2022 $ 252,171 $ 22,065 $ (81,398) $ (12,108) $ 180,730 Year Ended December 31, 2023 $ 180,730 $ 46,562 $ (18,492) $ (1,352) $ 207,448 (1) The Company has recorded valuation allowances on deferred tax assets attributable to net operating losses in certain jurisdictions due to uncertainty of its ability to utilize these assets in future periods. During 2023, the Company recorded valuation allowances of $25.9 million and $20.7 million related to domestic deferred tax assets and foreign deferred tax assets, respectively. (2) The Company reverses valuation allowances on deferred tax assets in the period in which, based on the weight of available evidence, it is more-likely-than-not that the deferred tax asset will be realized. In 2022, reversals were primarily driven by the classification change of permit intangible assets from indefinite-lived to finite-lived for financial reporting purposes. (3) The Company has adjusted certain valuation allowances as a result of changes in tax rates in certain jurisdictions, the expiration of carryforward periods for net operating loss carryforwards, and foreign exchange rate movements.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Pay vs Performance Disclosure
Net Income (Loss)	$ 24,777	$ (263,490)	$ (37,297)	$ (34,912)	$ 98,685	$ (39,757)	$ (65,664)	$ (89,868)	$ (310,922)	$ (96,604)	$ (433,815)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation These consolidated financial statements include the accounts of the Company and its subsidiaries, as well as entities in which the Company has a controlling financial interest or for which the Company is the primary beneficiary. The Company reports noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company’s equity. Intercompany transactions have been eliminated in consolidation.
Foreign Currency	Foreign Currency
Use of Estimates	Use of Estimates The Company’s consolidated financial statements presented herein were prepared in accordance with GAAP and reflect estimates and assumptions made by management that affect the amounts reported in the consolidated financial statements and accompanying notes. Such estimates and assumptions affect, among other things, the Company’s goodwill and long-lived assets, operating lease right-of-use assets and operating lease liabilities, assessment of the annual effective tax rate, valuation of deferred income taxes and income tax contingencies, defined-benefit plan obligations, the allowance for credit losses, assessment of lease and non-lease contract expenses, measurement of compensation cost for bonus and other compensation plans, and litigation accruals. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.
Discontinued Operations	Discontinued Operations The Company classifies a business as held for sale when the criteria prescribed by Accounting Standards Codification (“ASC”) Paragraph 205-20-45-1E are met, most notably when sale of the business is probable within the next year (with certain exceptions) and it is unlikely there will be significant changes to the plan of sale. Assets and liabilities held for sale are recorded at the lower of their carrying value or fair value less cost to sell. The Company classifies a business that has been disposed of or is classified as held for sale as a discontinued operation when the criteria prescribed by ASC Paragraph 205-20-45-1B are met. As described in Note 1, assets and liabilities of discontinued operations are presented separately in the Consolidated Balance Sheets, and results of discontinued operations are reported as a separate component of Consolidated net loss in the Consolidated Statements of Loss, for all periods presented.
Cash and Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents include all highly liquid investments with an original maturity of three months or less. Restricted cash is recorded in “Other current assets” and “Other assets” in the Company’s Consolidated Balance Sheets. Refer to Note 15 for a reconciliation of cash and cash equivalents reported in the Consolidated Balance Sheets to cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows.
Financial Instruments	Financial Instruments The Company recognizes accounts receivable, accounts payable and debt in its Consolidated Balance Sheets at their carrying amounts. Due to their short maturities, the carrying amounts of accounts receivable and accounts payable approximate their fair values. Refer to Note 6 for the Company’s fair value measurement of debt.
Accounts Receivable	Accounts Receivable Accounts receivable are recorded when the Company has an unconditional right to payment, either because it has satisfied a performance obligation prior to receiving payment from the customer or has a non-cancelable contract that has been billed in advance in accordance with the Company’s normal billing terms. Accounts receivable are recorded at the invoiced amount, net of allowances for credit losses. The Company evaluates the collectability of its accounts receivable based on a combination of factors. In circumstances where the Company is aware of a specific customer’s inability to meet its financial obligations, the Company records a specific reserve to reduce the amounts recorded to what it believes will be collected. For all other customers, the Company applies historical write-off rates, net of recoveries, to outstanding accounts receivable balances by aging bucket to determine the expected credit loss. The Company believes its concentration of credit risk is limited due to the large number and the geographic diversification of its customers.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment are stated at cost. Expenditures for maintenance and repairs are charged to operations as incurred, whereas expenditures for improvements and betterments are capitalized. Depreciation is computed using the straight-line method at rates that, in the opinion of management, are adequate to allocate the cost of such assets over their estimated useful lives, which are as follows: Structures — 3 to 20 years Furniture and other equipment — 2 to 20 years Buildings and improvements — 10 to 39 years Leasehold improvements — shorter of economic life or lease term assuming renewal periods, if appropriate
Permits, Historical Treatment as Indefinite-Lived Assets and Other Intangible Assets	Permits The Company’s America segment has permits that are granted for the right to operate and maintain an advertising structure at a specified location as long as the structure is in compliance with the laws and regulations of the jurisdiction. The Company’s permits relate to land use approvals for billboards located on land the Company owns, leases, manages, or for which it has acquired permanent easements. Permits are typically subject to annual renewals by the state and/or local government and are typically transferable or renewable for a minimal or no fee. However, if a structure is modified for any reason (for example, change in height or conversion of an advertising display from printed media to digital media), the state and/or local government may require a revised, additional or new permit for the modification. In such cases, the Company typically surrenders the existing permit concurrently with the approval of the requested modification. Historical Treatment as Indefinite-Lived Assets Historically, these permits primarily related to static assets and were accounted for as indefinite-lived intangible assets. As such, they were not subject to amortization but were tested for impairment at least annually, as of July 1 of each year, or whenever events or changes in circumstances indicated that it was more likely than not that the carrying amount of the asset exceeded its fair value. The impairment test consisted of a comparison of the fair value of the intangible assets at the market level with their carrying amounts. If the carrying amount exceeded the fair value, an impairment loss was recognized equal to that excess, and the adjusted carrying amount of the indefinite-lived asset became its new accounting basis. In accordance with ASC Section 805-20-S99, the fair values of the indefinite-lived assets were determined using the direct valuation method, which assumes that rather than acquiring indefinite-lived intangible assets as part of a going concern business, the buyer hypothetically develops these assets and builds a new operation with similar attributes from scratch. Thus, the buyer incurs start-up costs during the build-up phase that are normally associated with going concern value, and initial capital costs are deducted from the discounted cash flow model to calculate the value that is directly attributable to the indefinite-lived intangible assets. In its application of the direct valuation method, the Company forecasted revenue, expenses and cash flows over a ten-year period for each of its markets and also calculated a “normalized” residual year, which represented the perpetual cash flows of each market. The residual year cash flow was then capitalized to arrive at the terminal value of the permits in each market. The key assumptions used by the Company in its direct valuation of indefinite-lived permits were market revenue growth rates, market share, profit margin, duration and profile of the build-up period, estimated start-up capital costs and losses incurred during the build-up period, the risk-adjusted discount rate and terminal values. This data was populated using industry-normalized information representing an average billboard permit within a market, and the Company engaged a third-party valuation firm to assist with the development of its assumptions used to determine the fair value of the permits. Other Intangible Assets Other intangible assets primarily include transit, street furniture and other outdoor contractual rights; permanent easements; and trademarks. • The Company’s transit, street furniture and other contractual rights are finite-lived intangible assets that are recorded at cost and amortized over the shorter of the life of the related agreement or over the period of time the asset is expected to contribute directly or indirectly to the Company’s future cash flows. The Company periodically reviews the appropriateness of the amortization periods related to these finite-lived intangible assets. • Permanent easements are indefinite-lived intangible assets that include certain rights to use real property not owned by the Company and are tested for impairment at least annually, as of July 1. • The Company’s trademarks were received as part of the Company’s separation from iHeartCommunications, Inc. on May 1, 2019 and have a useful life of ten years. In addition to the annual impairment test performed for permanent easements, the Company tests for possible impairment of other intangible assets whenever events and circumstances indicate that they might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than their carrying amounts. When a specific asset is determined to be unrecoverable, its cost basis is reduced to reflect the current fair market value.
Change in Accounting Estimate	Change in Accounting Estimate During the fourth quarter of 2022, the Company concluded that due to changes in facts and circumstances, these permits should no longer have an indefinite useful life and should start being amortized. Specifically, as the Company has accelerated the digitization of its network of billboard assets as a key component of its business strategy, the estimated useful lives of the original permits (applicable to the static assets) are no longer indefinite. As such, beginning in the fourth quarter of 2022, the Company began to amortize its permits on a straight-line basis over their estimated useful lives, which range from 8 to 17 years depending upon the market. This change in accounting estimate resulted in amortization expense of $16.1 million during the fourth quarter of 2022 and $64.4 million during the year ended December 31, 2023, resulting in reductions of the same amounts to consolidated net loss and reductions of $0.03 and $0.13 in each of these periods, respectively, to net loss per share of common stock. The Company expects a similar impact in future periods, assuming no material permit acquisitions or dispositions. In accordance with ASC Paragraph 350-30-35-17, the Company tested its permits for impairment immediately prior to the change in useful life. Subsequent to the change in useful life, the Company tests for possible impairment of permits whenever events and circumstances indicate that they might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than their carrying amounts. When a specific asset is determined to be unrecoverable, its cost basis is reduced to reflect the current fair market value.
Asset Acquisitions	Asset Acquisitions The Company accounts for transactions that meet the definition of an asset group purchase as asset acquisitions. The Company allocates the acquisition purchase price to the assets acquired based on their estimated relative fair values, which is typically determined by using either discounted cash flow valuation methods or estimates of replacement costs. Refer to Notes 10 and 11 for additional disclosures about the Company’s asset acquisitions.
Goodwill	Goodwill The Company has previously recorded goodwill in conjunction with business combinations, and it performs an annual impairment test of its goodwill balance on July 1 of each year. In accordance with ASC Subtopic 350-20, the carrying amount of each reporting unit (including goodwill) is compared to its fair value, and any excess is recorded as a goodwill impairment charge, limited to the total amount of goodwill allocated to the reporting unit. The Company identifies its reporting units in accordance with ASC Subtopic 350-20 and uses a discounted cash flow model to determine the fair value of each reporting unit, which requires the Company to estimate future cash flows expected to be generated from the reporting unit, discounted to their present value using a risk-adjusted discount rate. Terminal values are also estimated and discounted to their present value. Assessing the recoverability of goodwill requires the Company to make estimates and assumptions about sales, operating margins, growth rates and discount rates based on its budgets, business plans, economic projections, anticipated future cash flows and marketplace data. Historically, the Company had two reportable segments: Americas, which consisted of operations primarily in the U.S., and Europe, which consisted of operations in Europe and Singapore, as well as a Latin America operating segment that did not meet the quantitative thresholds to qualify as a reportable segment. During this time, each of the Company’s advertising markets was considered a component of the Company. For purposes of the goodwill test, the U.S. advertising markets within the Company’s historical Americas segment were aggregated into a single reporting unit, Americas; the countries within the Company’s historical Europe segment were aggregated into a single reporting unit, Europe; and the countries within the Company’s historical Latin America operating segment were aggregated into a single reporting unit, Latin America. During the fourth quarter of 2022, the Company changed segments to reflect changes in the way the business is managed and resources are allocated by the Company’s chief operating decision maker (“CODM”). Effective December 31, 2022, the Company has four reportable segments: America, Airports, Europe-North and Europe-South, as well as operations in Latin America and Singapore, as described in Note 1. In conjunction with this change to reportable segments, the Company revised its reporting units to be as follows: America, Airports, Europe-North, Europe-South, Latin America and Singapore. In accordance with ASC Paragraph 350-20-35-45, the Company applied the relative fair value approach to allocate its existing goodwill to these new reporting units as of December 31, 2022. Based on the fair value of each new reporting unit, which the Company determined with assistance from a valuation specialist, goodwill previously allocated to the historical Americas reporting unit was allocated to the new America and Airports reporting units, and goodwill previously allocated to the historical Europe reporting unit was allocated to the new Europe-North and Europe-South reporting units. The Company’s Latin America reporting unit was not impacted by the reorganization and did not have any remaining goodwill. The Company tested its goodwill for impairment immediately before and after the segment change and reallocation. Refer to Note 11 for additional disclosures about the Company's goodwill.
Leased Assets	Leased Assets The Company enters into contracts to use land, buildings and office space, structures, and equipment such as automobiles and copiers, as well as contracts that enable the Company to display advertising on buses, bus shelters, trains and other private or municipal assets. Additionally, most of the Company’s advertising structures are located on leased land. Arrangements involving the use of property, plant and equipment are evaluated at inception to determine whether they contain a lease under ASC Topic 842. The majority of the Company’s transit contracts do not meet the definition of a lease under ASC Topic 842 due to substantive substitution rights within those contracts. The Company's leases are primarily operating leases, including land lease contracts and lease contracts for the use of space on floors, walls and exterior locations on buildings. The land leases typically have initial terms ranging up to 20 years with options to renew, and rental payments generally escalate at a defined rate. Land leases are typically paid in advance for periods ranging up to 12 months, although some of our international land leases are paid in advance for longer periods or in arrears. Certain of the Company's street furniture contracts also meet the definition of an operating lease. Most international street furniture display faces are operated through contracts with municipalities, which typically have terms ranging up to 15 years. Operating leases are reflected on the Company’s Consolidated Balance Sheets as “Operating lease right-of-use assets,” and the related short-term and long-term liabilities are included within “Current operating lease liabilities” and “Non-current operating lease liabilities,” respectively. Right-of-use (“ROU”) assets represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at lease commencement based on the present value of lease payments over the lease term, and lease expense is recognized on a straight-line basis over the lease term. The Company’s finance leases are included within “Property, plant and equipment” on the Consolidated Balance Sheets, and the related short-term and long-term liabilities are included within “Current portion of long-term debt” and “Long-term debt,” respectively. Expenditures for maintenance are charged to operations as incurred. Certain of the Company’s operating lease agreements include rental payments that are based on a percentage of revenue, and others include rental payments that are adjusted periodically for inflationary changes. Percentage rent contracts, in which lease expense is calculated as a percentage of advertising revenue, and payments due to changes in inflationary adjustments are included within variable rent expense, which is accounted for separately from periodic straight-line lease expense. Amounts related to insurance and property taxes in lease arrangements when billed on a pass-through basis are allocated to the lease and non-lease components of the lease based on their relative standalone selling prices. The Company is commonly assessed Value-Added Tax (“VAT”) on its international contracts, which is treated as a non-lease component. Many of the Company’s operating lease contracts permit the Company to continue operating the leased assets after the rights and obligations of the lease agreements have expired. Such contracts are not considered to be leases after they expire, and future expected payments are not included in operating lease liabilities or ROU assets. Additionally, many of the Company's leases entered into in connection with advertising structures provide options to extend the terms of the agreements. Renewal periods are generally excluded from minimum lease payments when calculating lease liabilities as the Company does not consider exercise of such options to be reasonably certain for most leases. Therefore, unless exercise of a renewal option is considered reasonably certain, the optional terms and payments are not included within the lease liability. The Company’s lease agreements do not contain material residual value guarantees or material restrictive covenants. The implicit rate within the Company’s lease agreements is generally not determinable. As such, the Company uses the incremental borrowing rate (“IBR”) to determine the present value of lease payments at the commencement of the lease. The IBR, as defined in ASC Topic 842, is the rate of interest that a lessee would have to pay to borrow on a collateralized basis over a similar term at an amount equal to the lease payments in a similar economic environment.
Asset Retirement Obligations	Asset Retirement Obligations ASC Subtopic 410-20 requires the Company to estimate its obligation to dismantle and remove its advertising structures from leased land and to reclaim the site to its original condition upon the termination or non-renewal of a lease or contract. The Company’s asset retirement obligation is reported in “Other liabilities” on the Company’s Consolidated Balance Sheets. The Company records the present value of obligations associated with the retirement of its advertising structures in the period in which the obligation is incurred. An estimate of third-party cost information is used with respect to the dismantling of the structures and the reclamation of the site. The calculation assumes that the related assets will be removed at some period over the next 50 years, and the interest rate used to calculate the present value of such costs over the retirement period is based on an estimated risk-adjusted credit rate for the same period. When the liability is recorded, the cost is capitalized as part of the related advertising structure’s carrying value. Over time, accretion of the liability is recognized as an operating expense, and the capitalized cost is depreciated over the expected useful life of the related asset.
Revenue Recognition	Revenue Recognition The Company generates revenue primarily from the sale of advertising on printed and digital out-of-home advertising displays, which may be sold as individual units or as a network package. These contracts typically cover periods of a few weeks to one year, although there are some with longer terms. Revenue contracts in our America and Airports segments are generally cancelable after a specified notice period, and revenue contracts in our international businesses are generally non-cancelable or require the customer to pay a fee to terminate the contract. Certain of these revenue transactions are considered leases for accounting purposes as the contracts convey to customers the right to control the use of the Company’s advertising displays for a period of time. To qualify as a lease, fulfillment of the contract must be dependent upon the use of a specified advertising structure, the customer must have almost exclusive use of the advertising display throughout the contract term, and the customer must also have the right to change the advertisement that is displayed throughout the contract term. The Company accounts for revenue from leases, which are all classified as operating leases, in accordance with ASC Topic 842, while the Company’s remaining revenue transactions are accounted for as revenue from contracts with customers in accordance with ASC Topic 606. Revenue from Leases Under ASC Topic 842, the Company elected a practical expedient to not separate non-lease components from associated lease components if certain criteria are met. As such, each right to control the use of an advertising display that meets the lease criteria is combined with the related installation and maintenance services provided under the contract into a single lease component. Production services, which do not meet the criteria to be combined, and each advertising display that does not meet the lease criteria (along with any related installation and maintenance services) are non-lease components. Consideration in out-of-home advertising contracts is allocated between lease and non-lease components in proportion to their relative standalone selling prices, which are generally approximated by the contractual prices for each promised service. Revenue from Contracts with Customers The Company recognizes revenue when or as it satisfies a performance obligation by transferring a promised good or service to a customer. Revenue from the sale of advertising is generally recognized ratably over the term of the contract. The Company also generates revenue from production and creative services, which are distinct from the advertising display services, and related revenue is recognized at the point in time the Company installs the advertising copy at the display site. The Company recognizes revenue in amounts that reflect the consideration it expects to receive in exchange for transferring goods or services to customers, excluding sales taxes and other similar taxes collected on behalf of governmental authorities (the “transaction price”). Because the transfer of promised goods and services to the customer is generally within a year of scheduled payment from the customer, the Company is not typically required to consider the effects of the time value of money when determining the transaction price. Advertising revenue is reported net of agency commissions. In order to appropriately identify the unit of accounting for revenue recognition, the Company determines which promised goods and services in a contract with a customer are distinct and are therefore separate performance obligations. If a promised good or service does not meet the criteria to be considered distinct, it is combined with other promised goods or services until a distinct bundle of goods or services exists. For revenue arrangements that contain multiple distinct goods or services, the Company allocates the transaction price to these performance obligations in proportion to their relative standalone selling prices. The Company has concluded that the contractual prices for the promised goods and services in its standard contracts generally approximate management’s best estimate of standalone selling price as the rates reflect various factors such as the size and characteristics of the target audience, market location and size, and recent market selling prices. The Company receives payments from customers based on billing schedules that are established in its contracts, and deferred revenue is recorded when payment is received from a customer before the Company has satisfied the performance obligation or a non-cancelable contract has been billed in advance in accordance with the Company’s normal billing terms. America and Airports contracts are generally billed monthly in advance, and contracts related to our international businesses include a combination of advance billings and billings upon completion of service. Refer to Note 5 for additional disclosures about the Company’s revenue. Contract Costs Incremental costs of obtaining a contract primarily relate to sales commissions, which are included in “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Loss and are generally commensurate with sales. These costs are generally expensed when incurred because the period of benefit is one year or less.
Share-Based Compensation	Share-Based Compensation
Income Taxes	Income Taxes The Company accounts for income taxes using the liability method. Under this method, deferred tax assets and liabilities are determined based on differences between the financial reporting basis and tax basis of assets and liabilities and are measured using the enacted tax rates expected to apply to taxable income in the periods in which the deferred tax asset or liability is expected to be realized or settled. Deferred tax assets are reduced by valuation allowances if the Company believes it is more likely than not that some portion or the entire asset will not be realized. The Company has not provided U.S. federal income taxes for temporary differences with respect to investments in foreign subsidiaries, which in most jurisdictions resulted in tax basis amounts greater than the financial reporting basis at December 31, 2023 . If any excess cash held by our foreign subsidiaries were needed to fund operations in the U.S., the Company could presently repatriate available funds with minimal U.S. tax consequences, as calculated for tax law purposes. The Company regularly reviews its tax liabilities on amounts that may be distributed in future periods and provides for foreign withholding and other current and deferred taxes on any such amounts, where applicable. Refer to Note 9 for additional disclosures about the Company’s income taxes.
New Accounting Pronouncements Not Yet Adopted	New Accounting Pronouncements Not Yet Adopted In November 2023, the FASB issued Accounting Standards Update (“ASU”) 2023-07, Improvements to Reportable Segment Disclosures, which requires disclosure of significant segment expenses and other segment items that impact each reported measure of segment profit or loss. These disclosure requirements will be effective for the Company for annual periods beginning in 2024 and for interim periods beginning in 2025 and will be applied retrospectively to all prior periods presented in the financial statements. Early adoption is permitted. In December 2023, the FASB issued ASU 2023-09, Improvements to Income Tax Disclosures, which requires disclosure of specific categories in the effective tax rate reconciliation, additional information for reconciling items that meet a quantitative threshold, and disaggregated information about income taxes paid, pre-tax income and income taxes. These disclosure requirements will be effective for the Company for annual periods beginning in 2025 and may be applied on a prospective or retrospective basis. Early adoption is permitted.

DISPOSITIONS AND DISCONTINUED_2

DISPOSITIONS AND DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Major Classes of Assets and Liabilities Classified as Held for Sale and Operations Reflected in Discontinued Operations	(In thousands) December 31, (1) December 31, (2) Assets of discontinued operations: Cash and cash equivalents $ 651 $ 5,118 Accounts receivable, net 39,920 178,084 Prepaid expenses and other current assets 12,668 21,385 Property, plant and equipment, net 37,492 126,878 Intangible assets, net and goodwill — 20,000 Operating lease right-of-use assets 35,609 160,841 Other assets 4,973 25,838 Total assets of discontinued operations on Consolidated Balance Sheets $ 131,313 $ 538,144 Liabilities of discontinued operations: Accounts payable and accrued expenses $ 29,046 $ 201,161 Operating lease liabilities 37,117 169,229 Deferred revenue 1,074 16,902 Long-term debt, including current portion — 32,116 Other liabilities 1,541 56,246 Total liabilities of discontinued operations on Consolidated Balance Sheets $ 68,778 $ 475,654 (1) As of December 31, 2023, all assets and liabilities of the Company’s business in Spain are classified as current on the Consolidated Balance Sheet as they are held for sale and the sale is expected to occur within a year of the balance sheet date. (2) As of December 31, 2022, all assets and liabilities of the Company’s former business in Switzerland were classified as current on the Consolidated Balance Sheet as they were held for sale and the sale was expected to occur within a year of the balance sheet date. The remaining assets and liabilities of the Company’s discontinued operations are classified as current or non-current in accordance with their original classification at December 31, 2022. The following table provides details about the major classes of line items constituting “ Loss from discontinued operations (In thousands) Year Ended December 31, 2023 2022 2021 Revenue $ 361,872 $ 467,106 $ 472,360 Expenses: Direct operating expenses (1),(2) 284,658 346,000 382,740 Selling, general and administrative expenses (1),(2) 77,659 105,683 125,607 Depreciation and amortization 16,516 35,974 40,057 Impairment charges (3) — 16,870 — Other expense (income), net 13,835 1,104 (2,998) Loss from discontinued operations before net loss on disposal and income taxes (30,796) (38,525) (73,046) Loss on disposal, net (104,533) — — Income tax expense attributable to discontinued operations (4) (16,380) (8,560) (1,930) Loss from discontinued operations, net of income taxes $ (151,709) $ (47,085) $ (74,976) (1) Excludes depreciation and amortization (2) Certain costs that were historically allocated to the Company’s Europe-South segment and reported within direct operating expenses and selling, general and administrative expenses on the Consolidated Statement of Loss have been deemed to be costs of continuing operations and are now reported within corporate expenses on the Consolidated Statement of Loss. As such, amounts totaling $4.7 million and $4.6 million for 2022 and 2021, respectively, have been reclassified to conform to the current period presentation. (3) Impairment charges in 2022 reflect impairment of the entire goodwill balance allocated to the Europe-South reporting unit in the fourth quarter of 2022, excluding goodwill allocated to Switzerland, which was held for sale at December 31, 2022. (4) The income tax expense attributable to discontinued operations in 2023 was largely driven by the sale of the Company’s former business in Switzerland. The following table presents the capital expenditures of discontinued operations in 2023, 2022 and 2021: (In thousands) Year Ended December 31, 2023 2022 2021 Capital expenditures (1) $ 21,808 $ 29,011 $ 25,362 (1) In addition to payments that occurred during the period for capital expenditures, the Company had $1.5 million, $5.8 million and $8.3 million of accrued capital expenditures related to discontinued operations that remained unpaid as of December 31, 2023, 2022 and 2021, respectively.

SEGMENT DATA (Tables)

SEGMENT DATA (Tables)	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Schedule of Reportable Segment Results	The following table presents the Company’s reportable segment results for continuing operations for 2023, 2022 and 2021: (In thousands) Year Ended December 31, 2023 2022 2021 Revenue America $ 1,100,846 $ 1,105,552 $ 1,013,290 Airports 311,605 256,402 160,330 Europe-North 619,557 566,119 517,990 Other 95,132 85,955 77,148 Total $ 2,127,140 $ 2,014,028 $ 1,768,758 Capital Expenditures (1) America $ 75,431 $ 79,529 $ 56,898 Airports 20,050 25,298 11,600 Europe-North 29,284 34,025 36,914 Other 6,421 4,571 4,884 Corporate 13,600 12,245 12,348 Total $ 144,786 $ 155,668 $ 122,644 Segment Adjusted EBITDA America $ 468,370 $ 499,390 $ 463,410 Airports 68,226 60,864 36,894 Europe-North 114,303 103,654 53,981 Other 14,974 12,330 4,884 Total $ 665,873 $ 676,238 $ 559,169 (In thousands) Year Ended December 31, 2023 2022 2021 Reconciliation of Segment Adjusted EBITDA to Loss From Continuing Operations Before Income Taxes Segment Adjusted EBITDA $ 665,873 $ 676,238 $ 559,169 Less reconciling items: Corporate expenses (2) 172,324 161,852 158,241 Depreciation and amortization 241,828 217,835 213,098 Impairment charges — 22,676 118,950 Restructuring and other costs (3) 3,062 1,778 7,074 Other operating expense, net 11,769 2,133 3,014 Interest expense, net 421,434 360,599 348,995 (Gain) loss on extinguishment of debt (3,817) — 102,757 Other (income) expense, net (6,403) 37,060 1,642 Loss from continuing operations before income taxes $ (174,324) $ (127,695) $ (394,602) (1) In addition to payments that occurred during the period for capital expenditures, the Company had $14.7 million, $20.3 million and $19.0 million of accrued capital expenditures related to continuing operations that remained unpaid as of December 31, 2023, 2022, and 2021, respectively. (2) Corporate expenses include expenses related to infrastructure and support, including information technology, human resources, legal (including legal liabilities and related estimates), finance and administrative functions of each of the Company’s reportable segments, as well as overall executive, administrative and support functions. Share-based compensation and certain restructuring and other costs are recorded in corporate expenses. (3) The restructuring and other costs line item in this reconciliation excludes those restructuring and other costs related to corporate functions, which are included with the Corporate expenses line item.

REVENUE (Tables)

REVENUE (Tables)	12 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue from External Customers by Geographic Areas	The following table shows revenue from contracts with customers, revenue from leases and total revenue from continuing operations, disaggregated by geography, for 2023, 2022 and 2021: (In thousands) Revenue from contracts with customers Revenue from Total Revenue Year Ended December 31, 2023 U.S. (1) $ 747,959 $ 664,492 $ 1,412,451 Europe (2) 607,214 12,343 619,557 Other (3) 72,998 22,134 95,132 Total $ 1,428,171 $ 698,969 $ 2,127,140 Year Ended December 31, 2022 U.S. (1) $ 698,250 $ 663,704 $ 1,361,954 Europe (2) 552,190 13,929 566,119 Other (3) 64,864 21,091 85,955 Total $ 1,315,304 $ 698,724 $ 2,014,028 Year Ended December 31, 2021 U.S. (1) $ 568,231 $ 605,389 $ 1,173,620 Europe (2) 503,398 14,592 517,990 Other (3) 56,634 20,514 77,148 Total $ 1,128,263 $ 640,495 $ 1,768,758 (1) U.S. revenue, which also includes an immaterial amount of revenue derived from airport displays in the Caribbean, is comprised of revenue from the Company’s America and Airports segments. (2) Europe revenue is comprised of revenue from the Company’s Europe-North segment. Europe total revenue for 2023, 2022 and 2021 includes revenue from the U.K. of $253.8 million, $229.7 million and $224.7 million, respectively. (3) Other includes the Company’s businesses in Latin America and Singapore.
Contract with Customer, Asset and Liability	The following table shows the Company’s beginning and ending accounts receivable and deferred revenue balances from contracts with customers: (In thousands) Year Ended December 31, 2023 (1) 2022 2021 Accounts receivable, net of allowance, from contracts with customers: Beginning balance $ 317,560 $ 322,789 $ 214,656 Ending balance 361,039 317,560 322,789 Deferred revenue from contracts with customers: Beginning balance $ 23,596 $ 31,519 $ 26,042 Ending balance 25,613 23,596 31,519 (1) The increases in the accounts receivable and deferred revenue balances from contracts with customers in 2023 were driven by higher sales and billings, primarily in the Company’s Airports segment.
Operating Lease, Lease Income	As of December 31, 2023 , future lease payments to be received by the Company were as follows: (In thousands) Future lease payments to be received: 2024 $ 381,502 2025 33,913 2026 12,456 2027 3,883 2028 1,709 Thereafter 2,938 Total $ 436,401

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Schedule of Long-Term Debt and Senior Notes	Long-term debt outstanding at December 31, 2023 and 2022 consisted of the following: (In thousands) December 31, December 31, Term Loan Facility Due 2026 (1),(2) $ 1,260,000 $ 1,935,000 Revolving Credit Facility Due 2026 — — Receivables-Based Credit Facility Due 2026 — — Clear Channel Outdoor Holdings 5.125% Senior Secured Notes Due 2027 1,250,000 1,250,000 Clear Channel Outdoor Holdings 9.000% Senior Secured Notes Due 2028 (2) 750,000 — Clear Channel Outdoor Holdings 7.750% Senior Notes Due 2028 (3) 995,000 1,000,000 Clear Channel Outdoor Holdings 7.500% Senior Notes Due 2029 (3) 1,040,000 1,050,000 Clear Channel International B.V. 6.625% Senior Secured Notes Due 2025 375,000 375,000 Finance leases 4,202 4,682 Original issue discount (2,690) (5,596) Long-term debt fees (39,609) (47,185) Total debt 5,631,903 5,561,901 Less: Current portion (1) 612 21,203 Total long-term debt $ 5,631,291 $ 5,540,698 (1) In accordance with the terms of the Senior Secured Credit Agreement, the Company paid $10.0 million of the outstanding principal on the Term Loan Facility during the first half of 2023. In August 2023, the Company made a prepayment, described in note (2) to this table, that satisfied the remaining quarterly payment obligations. As such, the entire remaining balance is due in 2026 and is classified as non-current on the Consolidated Balance Sheet at December 31, 2023. (2) On August 22, 2023, the Company issued $750.0 million aggregate principal amount of 9.000% Senior Secured Notes due 2028. On the same date, the Company used a portion of the net proceeds from this issuance to prepay $665.0 million of outstanding principal on the Term Loan Facility, which the Company repurchased at a 1% discount. The Company paid costs of $12.3 million related to these transactions. (3) In September 2023, the Company repurchased in the open market $5.0 million of the CCOH 7.750% Senior Notes and $10.0 million of the CCOH 7.500% Senior Notes at a discount, resulting in a gain on extinguishment of $3.2 million. The repurchased notes are held by a subsidiary of the Company and have not been cancelled.
Schedule of Future Maturities of Long-Term Debt	Future maturities of total long-term debt as of December 31, 2023 are as follows: (in thousands) 2024 $ 612 2025 375,483 2026 1,260,454 2027 1,250,465 2028 1,745,399 Thereafter 1,041,789 Total (1) $ 5,674,202 (1) Excludes original issue discount and long-term debt fees of $2.7 million and $39.6 million, respectively, which are amortized through interest expense over the life of the underlying debt obligations.

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Schedule of Lease Expenses, Lease Terms, Discount Rates and Cash Flow Information	The following table provides the components of ASC Topic 842 lease expense for continuing operations included within the Consolidated Statements of Loss for 2023, 2022 and 2021: Year Ended December 31, (In thousands) 2023 2022 2021 Operating lease expense $ 370,947 $ 356,151 $ 362,589 Variable lease expense 146,428 135,916 108,322 The following table provides the weighted-average remaining lease term and the weighted-average discount rate for the Company's operating leases as of December 31, 2023 and 2022: December 31, December 31, Operating lease weighted-average remaining lease term (in years) 11.4 11.1 Operating lease weighted-average discount rate 7.71 % 7.32% The following table provides supplemental cash flow information related to leases: Year Ended December 31, (In thousands) 2023 2022 2021 Cash paid for amounts included in measurement of operating lease liabilities $ 375,564 $ 361,425 $ 384,541 Lease liabilities arising from obtaining right-of-use assets (1) 330,155 350,106 312,066 (1) Includes new leases entered into in each respective year presented.
Schedule of Future Maturities of Operating Leases	The following table provides the Company’s future maturities of operating leases as of December 31, 2023: (In thousands) Future maturities of operating leases liabilities: 2024 $ 316,771 2025 275,960 2026 244,019 2027 213,306 2028 180,177 Thereafter 1,165,129 Total lease payments 2,395,362 Less: Effect of discounting (852,641) Total operating lease liability $ 1,542,721

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Payments Under Non-Lease Non-Cancelable Contracts	As of December 31, 2023 , the Company’s future minimum payments under non-lease non-cancelable contracts in excess of one year and capital expenditure commitments consisted of the following: (In thousands) Non-Lease Capital Non-Cancelable Expenditure Contracts Commitments Future minimum payments: 2024 $ 170,301 $ 51,423 2025 149,394 20,314 2026 82,730 10,509 2027 67,596 8,129 2028 50,513 9,003 Thereafter 223,534 40,745 Total $ 744,068 $ 140,123

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Significant Components of the Provision for Income Tax Benefit (Expense)	Significant components of the Company’s income tax benefit attributable to continuing operations are as follows: (In thousands) Year Ended December 31, 2023 2022 2021 Current - federal $ (4,533) $ (1,415) $ — Current - state (439) (2,278) (1,293) Current - foreign (6,855) (4,890) 5,828 Total current tax (expense) benefit attributable to continuing operations (11,827) (8,583) 4,535 Deferred - federal 22,413 68,450 25,830 Deferred - state 6,200 22,041 5,678 Deferred - foreign 431 (1,516) 415 Total deferred tax benefit attributable to continuing operations 29,044 88,975 31,923 Income tax benefit attributable to continuing operations $ 17,217 $ 80,392 $ 36,458
Schedule of Significant Components of Deferred Tax Liabilities and Assets	Significant components of the Company’s deferred tax liabilities and assets as of December 31, 2023 and 2022 are as follows: (In thousands) December 31, December 31, 2023 2022 Deferred tax liabilities: Operating lease right-of-use assets $ 372,963 $ 349,279 Intangible assets (1) 311,587 333,750 Fixed assets 21,691 17,718 Other 3,547 13,779 Total deferred tax liabilities 709,788 714,526 Deferred tax assets: Operating lease liabilities 385,514 360,185 Net operating loss carryforwards (2) 127,603 136,885 Interest expense carryforwards (3) 136,617 119,336 Accrued expenses 16,496 15,821 Stock-based compensation expense (4) 4,415 4,778 Credit loss provision 3,577 3,054 Other 11,533 18,987 Total deferred tax assets 685,755 659,046 Less: Valuation allowance (5) 207,448 180,730 Net deferred tax assets (6) 478,307 478,316 Net deferred tax liabilities $ 231,481 $ 236,210 (1) The deferred tax liabilities associated with intangible assets that are categorized as indefinite-lived, including permanent easements and tax-deductible goodwill, will not reverse over time unless the Company recognizes future impairment charges or sells these intangible assets. (2) At December 31, 2023, the Company had recorded deferred tax assets for net operating loss carryforwards (tax-effected) for federal and state income tax purposes of $73.4 million. The Company’s federal and certain state net operating losses carry forward indefinitely without expiration, while the remaining state net operating loss carryforwards expire in various amounts through 2043. At December 31, 2023, the Company had recorded $54.2 million (tax-effected) of deferred tax assets for foreign net operating loss carryforwards, the majority of which may be carried forward without expiration. (3) Section 163(j) of the Internal Revenue Code generally limits the deduction for business interest expense to 30% of adjusted taxable income and provides that any disallowed interest expense may be carried forward indefinitely. In applying the rules under Section 163(j), the Company made the election to be considered an operator of a “real property trade or business” and therefore records a carryforward deferred tax asset for federal and state purposes related to interest expense limitations on its non-real property assets. (4) Full realization of the deferred tax assets related to stock-based compensation expense under ASC Subtopic 718-10 requires stock options to be exercised at a price equaling or exceeding the sum of the grant price plus the fair value of the option at the grant date and restricted stock to vest at a price equaling or exceeding the fair market value at the grant date. Accordingly, there can be no assurance that the stock price of the Company’s common stock will rise to levels sufficient to realize the entire deferred tax benefit currently reflected in the Company’s Consolidated Balance Sheet. See Note 13 for additional discussion of ASC Subtopic 718-10. (5) Due to the Company’s evaluation of all available evidence, including significant negative evidence of cumulative losses in the related jurisdictions, the Company continues to record valuation allowances on deferred tax assets that are not expected to be realized. As of December 31, 2023, the Company had valuation allowances of $92.2 million recorded against a portion of its federal and state deferred tax assets and $115.2 million recorded against its deferred tax assets in foreign jurisdictions. (6) The Company expects to realize the benefits of this portion of its deferred tax assets based upon its assessment of deferred tax liabilities that will reverse in the same carryforward period and jurisdiction and are of the appropriate character, as well as the Company's ability to generate future taxable income in certain tax jurisdictions. Any deferred tax liabilities associated with indefinite-lived intangible assets are not relied upon as a source of future taxable income.
Schedule of Income (Loss) Before Income Taxes	Income (loss) from continuing operations before income taxes was as follows: (In thousands) Year Ended December 31, 2023 2022 2021 U.S. $ (200,961) $ (77,153) $ (321,194) Foreign 26,637 (50,542) (73,408) Total loss from continuing operations before income taxes $ (174,324) $ (127,695) $ (394,602)
Schedule of Reconciliation of Income Tax Computed at the U.S. Federal Statutory Rates to Income Tax Benefit	The reconciliation of income tax benefit computed at the U.S. federal statutory rates to income tax benefit attributable to continuing operations is as follows: (In thousands) Year Ended December 31, 2023 2022 2021 Amount Percent Amount Percent Amount Percent Income tax benefit at statutory rates $ 36,608 21.0 % $ 26,816 21.0 % $ 82,866 21.0 % State income taxes, net of federal tax effect 7,778 4.5 % 3,683 2.9 % 10,088 2.6 % Foreign income taxes (2,204) (1.3) % (17,018) (13.3) % (13,742) (3.5) % Nondeductible items (4,447) (2.6) % (6,004) (4.7) % (229) (0.1) % Changes in valuation allowance and other estimates (20,454) (11.7) % 79,352 62.1 % (45,710) (11.6) % Other, net (64) — % (6,437) (5.0) % 3,185 0.8 % Income tax benefit attributable to continuing operations $ 17,217 9.9 % $ 80,392 63.0 % $ 36,458 9.2 %
Schedule of Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows: (In thousands) Year Ended December 31, Unrecognized Tax Benefits 2023 2022 Balance at beginning of period $ 21,676 $ 20,506 Increases for tax position taken in the current year 270 2,045 Increases for tax positions taken in previous years 694 228 Decreases for tax positions taken in previous years (916) (424) Decreases due to settlements with tax authorities (156) (605) Decreases due to lapse of statute of limitations (1) (7,912) (74) Balance at end of period $ 13,656 $ 21,676 (1) All federal income tax matters through 2019 are closed. Substantially all material state, local, and foreign income tax matters have been concluded for years through 2008.

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	The Company’s property, plant and equipment consisted of the following classes of assets as of December 31, 2023 and 2022: (In thousands) December 31, December 31, Structures $ 2,157,237 $ 2,098,547 Furniture and other equipment 229,514 211,319 Land, buildings and improvements 143,300 131,758 Construction in progress 57,335 67,047 Property, plant and equipment, gross 2,587,386 2,508,671 Less: Accumulated depreciation (1,921,042) (1,836,558) Property, plant and equipment, net $ 666,344 $ 672,113

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The following table presents the gross carrying amount and accumulated amortization for each major class of intangible assets as of December 31, 2023 and 2022: (In thousands) December 31, 2023 December 31, 2022 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Permits $ 746,126 $ (80,439) $ 739,119 $ (16,058) Transit, street furniture and other outdoor 356,883 (325,357) 352,663 (315,144) Permanent easements 163,293 — 160,688 — Trademarks 83,569 (39,214) 83,569 (30,889) Other 1,107 (1,094) 1,146 (1,087) Total intangible assets $ 1,350,978 $ (446,104) $ 1,337,185 $ (363,178)
Schedule of Estimated Amortization Expense	The following table presents the Company’s estimate of future amortization expense; however, in the event that acquisitions and dispositions occur in the future, amortization expense may vary. (In thousands) 2024 $ 78,854 2025 78,734 2026 77,965 2027 76,764 2028 75,506 Thereafter 353,758 Total $ 741,581
Schedule of Changes in Carrying Amount of Goodwill	The following table presents changes in the goodwill balance for the Company’s segments with goodwill during 2022 and 2023: (In thousands) America Airports Europe-North Consolidated Balance as of December 31, 2021 (1) $ 482,937 $ 24,882 $ 151,710 $ 659,529 Foreign currency impact — — (8,886) (8,886) Balance as of December 31, 2022 482,937 24,882 142,824 650,643 Foreign currency impact — — 5,920 5,920 Balance as of December 31, 2023 $ 482,937 $ 24,882 $ 148,744 $ 656,563 (1) The balance at December 31, 2021 is net of cumulative impairments of $2.6 billion for America, $79.4 million for Europe-North, $90.4 million for Other.

ASSET RETIREMENT OBLIGATIONS (T

ASSET RETIREMENT OBLIGATIONS (Tables)	12 Months Ended
	Dec. 31, 2023
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Activity Related to Asset Retirement Obligations	The following table presents the activity related to the Company’s asset retirement obligations: (In thousands) Year Ended December 31, 2023 2022 Beginning balance $ 36,698 $ 33,853 Additions and adjustments due to changes in estimates 3,343 2,923 Accretion of liability 2,731 2,715 Liabilities settled (1,769) (1,629) Foreign currency impact 584 (1,164) Ending balance $ 41,587 $ 36,698

STOCKHOLDERS' DEFICIT (Tables)

STOCKHOLDERS' DEFICIT (Tables)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable	Share-based compensation expense for continuing operations, which is recognized within “Corporate expenses” on the Consolidated Statements of Loss, was as follows: (In thousands) Year Ended December 31, 2023 2022 2021 Restricted stock units and awards $ 15,369 $ 15,298 $ 14,774 Performance stock units 4,830 5,083 4,007 Stock options and other 131 131 27 Total share-based compensation expense $ 20,330 $ 20,512 $ 18,808
Schedule of Restricted Stock and Restricted Stock Units Outstanding and Activity	The following table presents a summary of the Company’s RSUs and RSAs outstanding at December 31, 2023 and related activity during the year: (Shares in thousands) Number of Weighted-Average Grant-Date Fair Value Outstanding, January 1, 2023 (1) 12,635 $ 2.08 Granted (2) 15,605 $ 1.32 Vested (3) (7,734) $ 1.93 Forfeited (457) $ 1.78 Outstanding, December 31, 2023 (3) 20,049 $ 1.56 (1) Excludes shares granted to employees of discontinued operations. (2) The weighted-average grant-date fair value of the Company’s RSUs granted during 2023, 2022 and 2021 was $1.32, $2.58 and $2.27 per share, respectively. (3) All RSAs that were outstanding as of January 1, 2023 vested during the year, resulting in only RSUs remaining outstanding as of December 31, 2023.
Schedule of Assumptions Used to Calculate Fair Value of Options	The following assumptions were used to calculate the fair value of the Company’s PSUs on the date of grant: Year Ended December 31, 2023 2022 2021 Expected volatility 79.3% 68.6% 65.8% Risk-free interest rate 3.7% 2.8% 0.3% Expected dividend yield —% —% —%
Schedule of Unvested Options and Changes	The following table presents a summary of the Company’s PSUs outstanding, assuming a 100% payout, at December 31, 2023 and related activity during the year: (Shares in thousands) Number of PSUs Weighted-Average Grant-Date Fair Value Outstanding, January 1, 2023 7,564 $ 1.83 Granted (1) 3,433 $ 1.62 Vested (2,400) $ 1.00 Forfeited (2) (1,310) $ 1.00 Outstanding, December 31, 2023 7,287 $ 2.15 (1) The weighted-average grant-date fair value of the Company’s PSUs granted during 2023, 2022 and 2021 was $1.62, $2.69 and $2.55 per share, respectively. (2) Forfeitures include the portion of PSUs granted in 2020 that were not earned based on the Company’s Relative TSR over the three-year performance period.
Schedule of Stock Options Outstanding and Stock Option Activity	The following table presents a summary of the Company’s stock options outstanding at December 31, 2023 and related activity during the year: (In thousands, except per share data) Options Weighted-Average Exercise Price Weighted-Average Aggregate Outstanding, January 1, 2023 (1) 3,373 $ 5.55 4.0 years $ — Expired (156) $ 5.89 Outstanding, December 31, 2023 (2) 3,217 $ 5.53 3.2 years $ — (1) Excludes shares granted to employees of discontinued operations. (2) All outstanding stock options were fully vested and exercisable as of December 31, 2023.
Schedule of Computation of Earnings (Loss) Per Share	The following table presents the computation of net loss per share for 2023, 2022 and 2021: (In thousands, except per share data) Year Ended December 31, 2023 2022 2021 Numerators: Loss from continuing operations $ (157,107) $ (47,303) $ (358,144) Less: Net income from continuing operations attributable to noncontrolling interests 2,009 2,253 599 Net loss from continuing operations attributable to the Company (159,116) (49,556) (358,743) Loss from discontinued operations (151,709) (47,085) (74,976) Less: Net income (loss) from discontinued operations attributable to noncontrolling interests 97 (37) 96 Net loss from discontinued operations attributable to the Company (151,806) (47,048) (75,072) Net loss attributable to the Company $ (310,922) $ (96,604) $ (433,815) Denominators: Weighted average common shares outstanding – Basic 481,727 474,362 468,491 Weighted average common shares outstanding – Diluted 481,727 474,362 468,491 Net loss attributable to the Company per share of common stock — Basic: Net loss from continuing operations attributable to the Company per share of common stock $ (0.33) $ (0.10) $ (0.77) Net loss from discontinued operations attributable to the Company per share of common stock (0.32) (0.10) (0.16) Net loss attributable to the Company per share of common stock — Basic (1) $ (0.65) $ (0.20) $ (0.93) Net loss attributable to the Company per share of common stock — Diluted: Net loss from continuing operations attributable to the Company per share of common stock $ (0.33) $ (0.10) $ (0.77) Net loss from discontinued operations attributable to the Company per share of common stock (0.32) (0.10) (0.16) Net loss attributable to the Company per share of common stock — Diluted (1) $ (0.65) $ (0.20) $ (0.93) (1) Due to rounding, the total may not equal the sum of the line items in the table above.

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
Schedule of Net Periodic Cost	The table below presents the components of net periodic pension benefit for continuing operations recognized in the Consolidated Statements of Loss: (In thousands) Year Ended December 31, 2023 2022 2021 Service cost $ 137 $ 162 $ 99 Interest cost 3,318 1,912 1,732 Expected return on plan assets (5,028) (4,680) (4,476) Amortization of actuarial losses 1,050 452 1,227 Amortization of prior service costs (85) 15 (4,939) Curtailment/forfeiture gain (19) — — Total net periodic pension benefit $ (627) $ (2,139) $ (6,357)
Schedule of Defined Benefit Plan, Plan with Accumulated Benefit Obligation in Excess of Plan Assets	The following table presents the changes in the Company’s projected benefit obligation and the fair value of plan assets: (In thousands) Year Ended December 31, 2023 2022 Projected benefit obligation: Beginning balance, projected benefit obligation $ 73,669 $ 124,199 Service cost 137 162 Interest cost 3,318 1,912 Contributions by plan participants 97 88 Actuarial loss (gain) (1),(2) 12,686 (36,785) Foreign exchange impact 3,938 (12,748) Benefits paid (3,414) (3,159) Plan curtailment/forfeitures (19) — Ending balance, projected benefit obligation $ 90,412 $ 73,669 Fair value of plan assets: Beginning balance, fair value of plan assets $ 76,336 $ 132,490 Actual return (loss) on plan assets 4,755 (40,743) Foreign exchange impact 4,167 (13,688) Contributions by Company (1) 7,156 1,348 Contributions by plan participants 97 88 Benefits paid (3,414) (3,159) Ending balance, fair value of plan assets $ 89,097 $ 76,336 (Underfunded) / Overfunded status, net (3) $ (1,315) $ 2,667 (1) In 2023, the Company entered into a buy-in transaction for one of its plans. Under such transaction, the Company purchased a group annuity contract from an insurer that will cover benefit payment reimbursements for the plan’s beneficiaries. The value of the benefit obligation associated with the participants covered by this contract was increased to equal the fair value of the buy-in contract, resulting in an actuarial loss. (2) The actuarial gain in 2022 represents the decrease to the projected benefit obligation resulting from changes in the actuarial assumptions used, primarily an increased discount rate. (3) Represents the net underfunded or overfunded status of the Company’s defined-benefit pension plans. The related liability or asset for each plan, dependent upon whether it is underfunded or fully funded, is recorded within “Other long-term liabilities” or “Other assets,” respectively, on the Company’s Consolidated Balance Sheet. As of December 31, 2023, the Company had $1.3 million reported in “Other long-term liabilities,” and as of December 31, 2022, the Company had $3.7 million r eported in “Other assets” and $1.0 million reported in “Other long-term liabilities.”
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)	The following table presents the pre-tax net loss (gain) and the amortization of pre-tax net loss and prior service costs recognized in accumulated other comprehensive loss: (In thousands) Year Ended December 31, 2023 2022 2021 Beginning balance, accumulated other comprehensive loss $ 26,718 $ 24,926 $ 50,985 Reclassification adjustment related to sold businesses 3,106 — — Net actuarial loss (gain) arising during the period 12,959 1,314 (21,932) Amortization of net actuarial loss (1,050) (320) (923) Amortization of prior service costs 85 289 4,911 Plan amendments during the period — — (4,604) Other adjustments 1,532 509 (3,511) Ending balance, accumulated other comprehensive loss $ 43,350 $ 26,718 $ 24,926 For the years ended December 31, 2023, 2022 and 2021, the total change in “Other comprehensive income” related to the impact of pensions on deferred income tax liabilities was $(0.1) million, $(0.4) million and $0.2 million, respectively. The following table presents the amounts in accumulated other comprehensive loss that have not yet been recognized as components of net periodic pension cost (benefit): (In thousands) Year Ended December 31, 2023 2022 2021 Unrecognized net actuarial loss $ 43,640 $ 27,822 $ 26,729 Unrecognized prior service cost (290) (1,104) (1,803) Total $ 43,350 $ 26,718 $ 24,926
Schedule of Defined Benefit Plan, Assumptions	The following table presents the assumptions used to measure the net periodic pension cost (benefit) and the year-end projected benefit obligation: Year Ended December 31, 2023 2022 2021 Weighted-average assumptions used to measure net periodic pension cost (benefit): Discount rates 1.50% - 4.65% 0.20% - 1.80% 0.00% - 1.30% Expected long-term rates of return on plan assets 2.00% - 6.80% 1.50% - 4.00% 1.50% - 3.90% Rates of compensation increase 1.00% - 3.75% 0.50% - 2.60% 0.50% - 2.30% Weighted-average assumptions used to measure projected benefit obligation: Discount rates 1.50% - 4.15% 2.25% - 4.65% 0.20% - 1.80% Expected long-term rates of return on plan assets 2.00% - 4.15% 2.00% - 6.80% 1.50% - 4.00% Rates of compensation increase 1.00% - 3.80% 1.00% - 3.75% 0.50% - 2.60%
Schedule of Defined Benefit Plan, Plan Assets, Category	Defined-Benefit Pension Plan Assets The following tables present the fair value of each class of plan assets held by the Company’s defined-benefit pension plans, categorized by level of the fair value hierarchy, at December 31, 2023 and 2022: (In thousands) December 31, 2023 Level 1 (1) Level 2 (2) Level 3 Cash and short-term investments $ — $ 554 $ — Equity securities — 1,243 — Real estate — 831 — Fixed income: Corporate bonds — 1,104 — Insurance contracts — 85,365 — Fair value of plan assets $ — $ 89,097 $ — (In thousands) December 31, 2022 Level 1 (1) Level 2 (2) Level 3 Cash and short-term investments $ — $ 2,174 $ — Credit instruments — 10,493 — Equity securities — 45,796 — Real estate — 870 — Fixed income: Corporate bonds — 13,781 — Insurance contracts — 3,222 — Fair value of plan assets $ — $ 76,336 $ — (1) Assets categorized as Level 1 are measured at fair value using unadjusted quoted prices in active markets for identical assets. (2) Assets categorized as Level 2 are measured at fair value using inputs other than quoted prices in active markets that are observable for the assets, either directly or indirectly.
Schedule of Net Periodic Benefit Cost Not yet Recognized	The following table presents the expected benefit payments to defined-benefit pension plan participants over the next ten years. These payments have been estimated based on the same assumptions used to measure the plans’ pension benefit obligation at December 31, 2023 and include benefits attributable to estimated future compensation increases, where applicable: (In thousands) Expected benefit payments: 2024 $ 3,149 2025 3,364 2026 2,999 2027 3,168 2028 3,416 2029 - 2033 20,631

OTHER INFORMATION (Tables)

OTHER INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2023
Other Income and Expenses [Abstract]
Schedule of Restricted Cash and Cash Equivalents	The following table reconciles cash and cash equivalents reported in the Consolidated Balance Sheets to cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows: (In thousands) December 31, 2023 December 31, 2022 Cash and cash equivalents in the Balance Sheets $ 251,652 $ 282,232 Cash and cash equivalents included in Current assets of discontinued operations 651 5,118 Restricted cash included in: Other current assets 3,051 1,953 Current assets of discontinued operations 724 1,322 Other assets 4,463 4,149 Other assets of discontinued operations — 3,908 Total cash, cash equivalents and restricted cash in the Statements of Cash Flows $ 260,541 $ 298,682
Schedule of Accounts Receivable	The following table discloses the components of “Accounts receivable, net” as reported in the Consolidated Balance Sheets: (In thousands) December 31, 2023 December 31, 2022 Accounts receivable $ 514,891 $ 467,776 Less: Allowance for credit losses (15,080) (14,093) Accounts receivable, net $ 499,811 $ 453,683 Credit loss expense (reversal) related to accounts receivable of continuing operations was $3.8 million, $5.7 million, and $(3.0) million during 2023, 2022, and 2021, respectively. The net credit loss reversal in 2021 was driven by our recovery from COVID-19.
Schedule of Accrued Expenses	The following table discloses the components of “Accrued expenses” as of December 31, 2023 and 2022, respectively: (In thousands) As of December 31, 2023 2022 Accrued rent $ 114,489 $ 86,892 Accrued employee compensation and benefits 73,422 86,630 Accrued taxes 51,209 37,590 Accrued agency commissions and incentives 42,736 31,675 Accrued other 103,764 87,963 Total accrued expenses $ 385,620 $ 330,750
Schedule of Components of Other Income (Expense)	The following table discloses the components of “Other income (expense), net” for 2023 , 2022 and 2021: (In thousands) Year Ended December 31, 2023 2022 2021 Foreign exchange gain (loss) $ 11,895 $ (39,666) $ (3,062) Equity in earnings of nonconsolidated affiliates 1,743 1,943 176 Other (1) (7,235) 663 1,244 Total other income (expense), net $ 6,403 $ (37,060) $ (1,642) (1) In 2023, Other primarily consists of expenses related to the CCOH 9.000% Senior Secured Notes issuance and Term Loan Facility prepayment, described further in Note 6, and fair value adjustments of financial assets. This is partially offset by net periodic pension benefit, described further in Note 14.

QUARTERLY RESULTS OF OPERATIO_2

QUARTERLY RESULTS OF OPERATIONS (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2023
Quarterly Financial Data [Abstract]
Schedule of Quarterly Results of Operations	The following tables present the Consolidated Statements of Income (Loss) and net income (loss) per share for each quarter of 2023 and 2022, revised to report results of discontinued operations as a separate component of Consolidated net income (loss) for each period presented in accordance with GAAP. (In thousands) Three Months Ended Three Months Ended Three Months Ended Three Months Ended 2023 2022 2023 2022 2023 2022 2023 2022 Revenue $ 437,420 $ 436,138 $ 530,820 $ 512,299 $ 526,786 $ 503,344 $ 632,114 $ 562,247 Operating expenses: Direct operating expenses (1) 252,603 235,880 266,226 244,073 271,377 241,389 302,480 260,637 Selling, general and administrative expenses (1) 89,895 83,126 89,314 90,182 87,083 90,381 105,351 93,900 Corporate expenses (1) 36,180 45,099 58,316 39,925 34,931 38,299 42,897 38,529 Depreciation and amortization 64,208 51,252 64,502 51,229 57,699 49,871 55,419 65,483 Impairment charges — — — 21,805 — 871 — — Other operating expense (income), net 3,920 (4,928) 23 3,741 6,179 1,863 1,647 1,457 Operating income (loss) (9,386) 25,709 52,439 61,344 69,517 80,670 124,320 102,241 Interest expense, net (102,500) (82,599) (104,733) (86,485) (107,391) (92,620) (106,810) (98,895) Gain on extinguishment of debt — — — — 3,817 — — — Other income (expense), net 8,780 (5,894) 12,211 (26,401) (17,269) (27,968) 2,681 23,203 Income (loss) from continuing operations before income taxes (103,106) (62,784) (40,083) (51,542) (51,326) (39,918) 20,191 26,549 Income tax benefit (expense) attributable to continuing operations 10,501 1,722 1,277 (22,397) 244 21,120 5,195 79,947 Income (loss) from continuing operations (92,605) (61,062) (38,806) (73,939) (51,082) (18,798) 25,386 106,496 Income (loss) from discontinued operations 57,183 (28,667) 2,227 8,622 (211,736) (19,982) 617 (7,058) Consolidated net income (loss) (35,422) (89,729) (36,579) (65,317) (262,818) (38,780) 26,003 99,438 Less: Net income (loss) attributable to noncontrolling interests (510) 139 718 347 672 977 1,226 753 Net income (loss) attributable to the Company $ (34,912) $ (89,868) $ (37,297) $ (65,664) $ (263,490) $ (39,757) $ 24,777 $ 98,685 (1) Excludes depreciation and amortization (In thousands, except per share data) Three Months Ended Three Months Ended Three Months Ended Three Months Ended 2023 2022 2023 2022 2023 2022 2023 2022 Weighted average common shares outstanding - Basic and Diluted: Weighted average common shares outstanding – basic 478,501 470,568 482,373 475,125 482,945 475,612 483,027 476,069 Weighted average common shares outstanding – diluted 478,501 470,568 482,373 475,125 482,945 475,612 489,132 481,664 Net income (loss) attributable to the Company per share of common stock - Basic: Net income (loss) from continuing operations attributable to the Company per share of common stock $ (0.19) $ (0.13) $ (0.08) $ (0.16) $ (0.11) $ (0.04) $ 0.05 $ 0.22 Net income (loss) from discontinued operations attributable to the Company per share of common stock 0.12 (0.06) — 0.02 (0.44) (0.04) — (0.01) Net income (loss) attributable to the Company per share of common stock - Basic (1) $ (0.07) $ (0.19) $ (0.08) $ (0.14) $ (0.55) $ (0.08) $ 0.05 $ 0.21 Net income (loss) attributable to the Company per share of common stock - Diluted: Net income (loss) from continuing operations attributable to the Company per share of common stock $ (0.19) $ (0.13) $ (0.08) $ (0.16) $ (0.11) $ (0.04) $ 0.05 $ 0.22 Net income (loss) from discontinued operations attributable to the Company per share of common stock 0.12 (0.06) — 0.02 (0.44) (0.04) — (0.01) Net income (loss) attributable to the Company per share of common stock - Diluted (1) $ (0.07) $ (0.19) $ (0.08) $ (0.14) $ (0.55) $ (0.08) $ 0.05 $ 0.20 (1) Due to rounding, the total may not equal the sum of the line items in the table above.

DESCRIPTION OF BUSINESS (Detail

DESCRIPTION OF BUSINESS (Details) - segment	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2023
Accounting Policies [Abstract]
Number of reportable segments	4	2	4

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) $ / shares in Units, $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2022 USD ($) segment $ / shares	Sep. 30, 2022 segment	Dec. 31, 2023 USD ($) segment $ / shares	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	May 01, 2019
Property, Plant and Equipment [Line Items]
Amortization of intangible assets			$ 79	$ 35.7	$ 22.6
Number of reportable segments | segment	4	2	4
Non-cash operating lease expense			$ 26	51.3	77
ARO, removal period			50 years
Revenue, description of timing			Revenue from the sale of advertising is generally recognized ratably over the term of the contract.
Government rent abatements			$ 11.6	15.3
Government rent abatements, European governments			1	2
Property tax reliefs from government under COVID19				$ 3.9
European governmental support and wage subsidies received, COVID-19					$ 1
Change in Accounting Method Accounted for as Change in Estimate
Property, Plant and Equipment [Line Items]
Amortization of intangible assets	$ 16.1		$ 64.4
Reduction in net loss per share of common stock | $ / shares	$ 0.03		$ 0.13
Trademarks
Property, Plant and Equipment [Line Items]
Intangible asset, useful life						10 years
Minimum | Permits
Property, Plant and Equipment [Line Items]
Intangible asset, useful life	8 years		11 years	8 years
Minimum | Furniture and other equipment
Property, Plant and Equipment [Line Items]
Estimated useful lives			3 years
Minimum | Furniture And Other Equipment
Property, Plant and Equipment [Line Items]
Estimated useful lives			2 years
Minimum | Building and improvements
Property, Plant and Equipment [Line Items]
Estimated useful lives			10 years
Maximum | Permits
Property, Plant and Equipment [Line Items]
Intangible asset, useful life	17 years		16 years	17 years
Maximum | Furniture and other equipment
Property, Plant and Equipment [Line Items]
Estimated useful lives			20 years
Maximum | Furniture And Other Equipment
Property, Plant and Equipment [Line Items]
Estimated useful lives			20 years
Operating lease, term			15 years
Maximum | Building and improvements
Property, Plant and Equipment [Line Items]
Estimated useful lives			39 years
Maximum | Land
Property, Plant and Equipment [Line Items]
Operating lease, term			20 years
Maximum | Land | Americas Outdoor
Property, Plant and Equipment [Line Items]
Operating lease, term			12 months

DISPOSITIONS AND DISCONTINUED_3

DISPOSITIONS AND DISCONTINUED OPERATIONS - Narrative (Details) - USD ($) $ in Thousands			3 Months Ended								12 Months Ended
	Oct. 31, 2023	May 31, 2023	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	May 30, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and cash equivalents included in Current assets of discontinued operations			$ 651				$ 5,118				$ 651	$ 5,118
Loss from discontinued operations			617	$ (211,736)	$ 2,227	$ 57,183	(7,058)	$ (19,982)	$ 8,622	$ (28,667)	$ (151,709)	(47,085)	$ (74,976)
Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration]											Loss from discontinued operations
Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and cash equivalents included in Current assets of discontinued operations			651				$ 5,118				$ 651	$ 5,118
Loss from discontinued operations	$ 212,000		11,400	$ 200,600
Discontinued Operations, Disposed of by Sale | Goldbach Group AG
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on sale of clear media						96,400
SWITZERLAND | Discontinued Operations, Disposed of by Sale | Goldbach Group AG
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture of businesses, net						$ 84,900
SPAIN | Disposal Group, Held-for-sale or Disposed of by Sale, Not Discontinued Operations | JCDecaux SE
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operation, consideration														$ 64,300
ITALY | Discontinued Operations, Disposed of by Sale | JCDecaux SE
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture of businesses, net		$ 4,300
Disposition of businesses		$ 11,200
France
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and cash equivalents included in Current assets of discontinued operations	44,500
Loan assumed by Equinox	29,700
Sale of business, contingent consideration	$ 4,900
Cash delivered to buyer, net			43,000								43,000
Accrued direct costs			$ 800								$ 800

DISPOSITIONS AND DISCONTINUED_4

DISPOSITIONS AND DISCONTINUED OPERATIONS - Major Classes of Assets and Liabilities Classified as Held for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets of discontinued operations:
Cash and cash equivalents	$ 651	$ 5,118
Discontinued Operations, Disposed of by Sale
Assets of discontinued operations:
Cash and cash equivalents	651	5,118
Accounts receivable, net	39,920	178,084
Prepaid expenses and other current assets	12,668	21,385
Property, plant and equipment, net	37,492	126,878
Intangible assets, net and goodwill	0	20,000
Operating lease right-of-use assets	35,609	160,841
Other assets	4,973	25,838
Assets held for sale	131,313	538,144
Liabilities of discontinued operations:
Accounts payable and accrued expenses	29,046	201,161
Operating lease liabilities	37,117	169,229
Deferred revenue	1,074	16,902
Long-term debt, including current portion	0	32,116
Other liabilities	1,541	56,246
Liabilities held for sale	$ 68,778	$ 475,654

DISPOSITIONS AND DISCONTINUED_5

DISPOSITIONS AND DISCONTINUED OPERATIONS - Letters of Credit, Surety Bonds and Guarantees (Details) $ in Millions	Dec. 31, 2023 USD ($)
Discontinued Operations, Held-for-Sale | Europe-South | France
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Letters of credit outstanding	$ 20.2
Guarantor obligations, amount indemnified by third party	15.7
Discontinued Operations, Held-for-Sale | Europe-South | SPAIN
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Letters of credit outstanding	6.5
Guarantee obligations, collateral, cash	0.7
Bank Guarantees
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Outstanding commercial standby letters of credit	29.8
Bank Guarantees | Discontinued Operations, Held-for-Sale | Europe-South | SPAIN
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Outstanding commercial standby letters of credit	$ 8.8

DISPOSITIONS AND DISCONTINUED_6

DISPOSITIONS AND DISCONTINUED OPERATIONS - Loss from Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue									$ 361,872	$ 467,106	$ 472,360
Expenses:
Direct operating expenses									284,658	346,000	382,740
Selling, general and administrative expenses									77,659	105,683	125,607
Depreciation and amortization									16,516	35,974	40,057
Impairment charges									0	16,870	0
Other expense (income), net									13,835	1,104	(2,998)
Loss from discontinued operations before net loss on disposal and income taxes									(30,796)	(38,525)	(73,046)
Loss on disposal, net									(104,533)	0	0
Income tax expense attributable to discontinued operations									(16,380)	(8,560)	(1,930)
Loss from discontinued operations, net of income taxes	$ 617	$ (211,736)	$ 2,227	$ 57,183	$ (7,058)	$ (19,982)	$ 8,622	$ (28,667)	$ (151,709)	(47,085)	(74,976)
Europe-South
Expenses:
Selling, general and administrative expenses										$ 4,700	$ 4,600

DISPOSITIONS AND DISCONTINUED_7

DISPOSITIONS AND DISCONTINUED OPERATIONS - Capital Expenditures for Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Capital expenditures	$ 21,808	$ 29,011	$ 25,362
Accrued capital expenditures	14,700	20,300	19,000
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Accrued capital expenditures	$ 1,500	$ 5,800	$ 8,300

SEGMENT DATA (Details)

SEGMENT DATA (Details) $ in Thousands	3 Months Ended								9 Months Ended	12 Months Ended
	Dec. 31, 2023 USD ($) country	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($) segment	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Sep. 30, 2022 segment	Dec. 31, 2023 USD ($) segment country		Dec. 31, 2022 USD ($)		Dec. 31, 2021 USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment					4				2	4
Segment Reporting Information [Line Items]
Revenue	$ 632,114	$ 526,786	$ 530,820	$ 437,420	$ 562,247	$ 503,344	$ 512,299	$ 436,138		$ 2,127,140		$ 2,014,028		$ 1,768,758
Capital Expenditures										144,786		155,668		122,644
Segment Adjusted EBITDA										665,873		676,238		559,169
Corporate expenses	42,897	34,931	58,316	36,180	38,529	38,299	39,925	45,099		172,324	[1]	161,852	[1]	158,241	[1]
Depreciation and amortization	55,419	57,699	64,502	64,208	65,483	49,871	51,229	51,252		241,828		217,835		213,098
Impairment charges	0	0	0	0	0	871	21,805	0		0		22,676		118,950
Restructuring and other costs										3,062		1,778		7,074
Other operating expense, net	1,647	6,179	23	3,920	1,457	1,863	3,741	(4,928)		11,769		2,133		3,014
Interest expense, net	106,810	107,391	104,733	102,500	98,895	92,620	86,485	82,599		421,434		360,599		348,995
Gain (loss) on extinguishment of debt	0	(3,817)	0	0	0	0	0	0		(3,817)		0		102,757
Other (income) expense, net										(6,403)		37,060		1,642
Loss from continuing operations before income taxes	$ 20,191	$ (51,326)	$ (40,083)	$ (103,106)	$ 26,549	$ (39,918)	$ (51,542)	$ (62,784)		(174,324)		(127,695)		(394,602)
Accrued capital expenditures										$ 14,700		20,300		19,000
America | Revenue Benchmark | Geographic Concentration Risk | Billboard Displays
Segment Reporting Information [Line Items]
Concentration risk, percentage										90%
Europe-North
Segment Reporting Information [Line Items]
Number of countries | country	12									12
Operating segments | America
Segment Reporting Information [Line Items]
Revenue										$ 1,100,846		1,105,552		1,013,290
Capital Expenditures										75,431		79,529		56,898
Segment Adjusted EBITDA										468,370		499,390		463,410
Operating segments | Airports
Segment Reporting Information [Line Items]
Revenue										311,605		256,402		160,330
Capital Expenditures										20,050		25,298		11,600
Segment Adjusted EBITDA										68,226		60,864		36,894
Operating segments | Europe-North
Segment Reporting Information [Line Items]
Revenue										619,557		566,119		517,990
Capital Expenditures										29,284		34,025		36,914
Segment Adjusted EBITDA										114,303		103,654		53,981
Other
Segment Reporting Information [Line Items]
Revenue										95,132		85,955		77,148
Capital Expenditures										6,421		4,571		4,884
Segment Adjusted EBITDA										14,974		12,330		4,884
Corporate
Segment Reporting Information [Line Items]
Capital Expenditures										13,600		12,245		12,348
Corporate expenses										$ 172,324		$ 161,852		$ 158,241
[1] Excludes depreciation and amortization

REVENUE - Revenue By Segment an

REVENUE - Revenue By Segment and Geographic Region (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers									$ 1,428,171	$ 1,315,304	$ 1,128,263
Revenue from leases									$ 698,969	$ 698,724	$ 640,495
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]									Revenue	Revenue	Revenue
Revenue	$ 632,114	$ 526,786	$ 530,820	$ 437,420	$ 562,247	$ 503,344	$ 512,299	$ 436,138	$ 2,127,140	$ 2,014,028	$ 1,768,758
Americas
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers									747,959	698,250	568,231
Revenue from leases									664,492	663,704	605,389
Revenue									1,412,451	1,361,954	1,173,620
Europe
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers									607,214	552,190	503,398
Revenue from leases									12,343	13,929	14,592
Revenue									619,557	566,119	517,990
Geographical Area, Excluding U.S. and Europe
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers									72,998	64,864	56,634
Revenue from leases									22,134	21,091	20,514
Revenue									95,132	85,955	77,148
Europe-North
Disaggregation of Revenue [Line Items]
Revenue									$ 253,800	$ 229,700	$ 224,700

REVENUE - Schedule of Contract

REVENUE - Schedule of Contract Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts receivable, net of allowance, from contracts with customers:
Beginning balance	$ 317,560	$ 322,789	$ 214,656
Ending balance	361,039	317,560	322,789
Deferred revenue from contracts with customers:
Beginning balance	23,596	31,519	26,042
Ending balance	$ 25,613	$ 23,596	$ 31,519

REVENUE - Narrative (Details)

REVENUE - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities, revenue recognized	$ 22.7	$ 30.4	$ 25.5
Revenue, remaining performance obligation	$ 109
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	5 years

REVENUE - Revenue From Leases (

REVENUE - Revenue From Leases (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Operating Leases, Future Minimum Payments Receivable [Abstract]
2024	$ 381,502
2025	33,913
2026	12,456
2027	3,883
2028	1,709
Thereafter	2,938
Total	$ 436,401

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended								12 Months Ended
	Aug. 22, 2023	Sep. 30, 2023	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term Debt, Total			$ 5,631,903				$ 5,561,901				$ 5,631,903	$ 5,561,901
Original issue discount			(2,690)				(5,596)				(2,690)	(5,596)
Long-term debt fees			(39,609)				(47,185)				(39,609)	(47,185)
Less: Current portion			612				21,203				612	21,203
Total long-term debt			5,631,291				5,540,698				5,631,291	5,540,698
Gain (loss) on extinguishment of debt			0	$ 3,817	$ 0	$ 0	0	$ 0	$ 0	$ 0	3,817	0	$ (102,757)
Term Loan Facility | Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Total			1,260,000				1,935,000				1,260,000	1,935,000
Payments of debt											10,000
Revolving Credit Facility Due 2026
Debt Instrument [Line Items]
Long-term Debt, Total			0				0				0	0
Receivables-Based Credit Facility Due
Debt Instrument [Line Items]
Long-term Debt, Total			0				0				0	0
Clear Channel Outdoor Holdings 5.125% Senior Secured Notes Due 2027 | Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Total			$ 1,250,000				1,250,000				$ 1,250,000	1,250,000
Interest rate (as a percent)			5.125%								5.125%
Clear Channel Outdoor Holdings 9.000% Senior Secured Notes Due 2028 | Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Total			$ 750,000				0				$ 750,000	0
Interest rate (as a percent)			9%								9%
Clear Channel Outdoor Holdings 9.000% Senior Secured Notes Due 2028 | Senior Notes
Debt Instrument [Line Items]
Aggregate principal amount of notes issued	$ 750,000
Clear Channel Outdoor Holdings 7.75% Senior Notes Due 2028 | Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Total			$ 995,000				1,000,000				$ 995,000	1,000,000
Interest rate (as a percent)		7.75%		7.75%
Debt instrument, repurchase amount		$ 5,000		$ 5,000
Clear Channel Outdoor Holdings 7.5% Senior Notes Due 2029 | Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Total			1,040,000				1,050,000				1,040,000	1,050,000
Interest rate (as a percent)		7.50%		7.50%
Gain (loss) on extinguishment of debt		$ 3,200
Debt instrument, repurchase amount		$ 10,000		$ 10,000
Clear Channel International B.V. 6.625% Senior Secured Notes Due 2025 | Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Total			$ 375,000				375,000				$ 375,000	375,000
Interest rate (as a percent)			6.625%								6.625%
Other debt | Unsecured Debt
Debt Instrument [Line Items]
Long-term Debt, Total			$ 4,202				$ 4,682				$ 4,202	$ 4,682
Term Loan Facility | Secured Debt
Debt Instrument [Line Items]
Payments of debt	$ 665,000
Debt instrument discount percentage	1%
Costs incurred on debt transactions	$ 12,300

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details) - USD ($)	Jun. 12, 2023	Aug. 23, 2019	Aug. 24, 2024	Dec. 31, 2023	Sep. 30, 2023	Aug. 22, 2023	May 31, 2023	Dec. 31, 2022	Jun. 01, 2021	Feb. 17, 2021	Aug. 04, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, covenant, required facility		$ 0
Debt instrument, covenant, letters of credit, minimum		$ 10,000,000
Long-term debt				$ 5,631,903,000				$ 5,561,901,000
Surety bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Outstanding commercial standby letters of credit				47,700,000
Bank Guarantees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Outstanding commercial standby letters of credit				29,800,000
Bank guarantees backed by cash collateral
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Outstanding commercial standby letters of credit				5,100,000
Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)	0%
Leverage ratio step down ratio		7.10
Secured Debt | Federal Funds Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)	0.50%
Secured Debt | SOFR
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)	1%
Revolving Credit Facility | Line of Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facility maximum borrowing capacity	$ 150,000,000	$ 150,000,000		150,000,000			$ 175,000,000
Revolving Credit Facility | Line of Credit | Scenario, Forecast
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facility maximum borrowing capacity			$ 115,800,000
Term Loan Facility | Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facility maximum borrowing capacity		$ 2,000,000,000
Debt instrument original principal amount quarterly amortization percentage		1%
Receivables-Based Credit Facility | Line of Credit | Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facility maximum borrowing capacity		$ 125,000,000
Debt instrument, basis spread on variable rate (as a percent)	0%
Percentage of eligible accounts receivable		85%
Minimum fixed charge coverage ratio required for four consecutive quarters		1
Receivables-Based Credit Facility | Line of Credit | Federal Funds Rate | Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)	0.50%
Receivables-Based Credit Facility | Line of Credit | SOFR | Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)	1%
Receivables-Based Credit Facility Due
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt				0				0
Receivables-Based Credit Facility Due | Line of Credit | Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facility maximum borrowing capacity	$ 175,000,000			175,000,000
Letters of credit outstanding				47,600,000
Line of credit, excess availability				$ 127,400,000
Clear Channel Outdoor Holdings Senior Secured Notes Due 2027 | Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate		5.125%
Long-term debt		$ 1,250,000,000
Clear Channel Outdoor Holdings 7.75% Senior Notes Due 2028 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Aggregate principal amount of notes issued										$ 1,000,000,000
Clear Channel Outdoor Holdings 7.5% Senior Notes Due 2029 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Aggregate principal amount of notes issued									$ 1,050,000,000
Clear Channel Outdoor Holdings 9.000% Senior Secured Notes Due 2028 | Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate				9%
Long-term debt				$ 750,000,000				0
Clear Channel Outdoor Holdings 9.000% Senior Secured Notes Due 2028 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Aggregate principal amount of notes issued						$ 750,000,000
Senior Secured Notes Due 2027 | Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate				5.125%
Long-term debt				$ 1,250,000,000				1,250,000,000
Clear Channel Outdoor Holdings 7.75% Senior Notes Due 2028 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate					7.75%
Long-term debt				995,000,000				1,000,000,000
Debt instrument, repurchase amount					$ 5,000,000
Clear Channel Outdoor Holdings 7.5% Senior Notes Due 2029 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate					7.50%
Long-term debt				$ 1,040,000,000				1,050,000,000
Debt instrument, repurchase amount					$ 10,000,000
Clear Channel International Senior Secured Notes due 2025 | Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate				6.625%
Aggregate principal amount of notes issued											$ 375,000,000
Revolving Credit Facility Due 2026
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt				$ 0				0
Letters of credit outstanding				43,200,000
Line of credit, excess availability				106,800,000
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Aggregate market value of debt				$ 5,300,000,000				$ 4,700,000,000

LONG-TERM DEBT - Schedule of Fu

LONG-TERM DEBT - Schedule of Future Maturities of Long-Term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
2024	$ 612
2025	375,483
2026	1,260,454
2027	1,250,465
2028	1,745,399
Thereafter	1,041,789
Total	5,674,202
Original issue discount	2,690	$ 5,596
Long term debt fees	$ 39,609	$ 47,185

LEASES - Lease Cost (Details)

LEASES - Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease expense	$ 370,947	$ 356,151	$ 362,589
Variable lease expense	$ 146,428	$ 135,916	$ 108,322

LEASES - Supplemental Balance S

LEASES - Supplemental Balance Sheet Information (Details)	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease weighted-average remaining lease term (in years)	11 years 4 months 24 days	11 years 1 month 6 days
Operating lease weighted-average discount rate	7.71%	7.32%

LEASES - Schedule of Future Min

LEASES - Schedule of Future Minimum Lease Payments (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Leases [Abstract]
2024	$ 316,771
2025	275,960
2026	244,019
2027	213,306
2028	180,177
Thereafter	1,165,129
Total lease payments	2,395,362
Less: Effect of discounting	(852,641)
Total operating lease liability	$ 1,542,721

LEASES - Supplemental Cash Flow

LEASES - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Cash paid for amounts included in measurement of operating lease liabilities	$ 375,564	$ 361,425	$ 384,541
Lease liabilities arising from obtaining right-of-use assets	$ 330,155	$ 350,106	$ 312,066

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Oct. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2018 employee	Jun. 30, 2023 USD ($)	Mar. 31, 2022 USD ($)	May 31, 2020
Non-Lease, Non-Cancelable Contracts
2024		$ 170,301
2025		149,394
2026		82,730
2027		67,596
2028		50,513
Thereafter		223,534
Total		744,068
Capital Expenditure Commitments
2024		51,423
2025		20,314
2026		10,509
2027		8,129
2028		9,003
Thereafter		40,745
Total		140,123
Loss Contingencies [Line Items]
Number of employees convicted | employee			2
Disposal Group, Held-for-sale or Disposed of by Sale, Not Discontinued Operations | Clear Media Limited
Loss Contingencies [Line Items]
Ownership percentage sold						50.91%
Loss contingency liability				$ 19,000	$ 7,100
Claim settlement		$ 26,100
Payments for legal settlements	$ 13,000

INCOME TAXES - Significant Comp

INCOME TAXES - Significant Components of the Provision for Income Tax Benefit (Expense) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Current - federal									$ (4,533)	$ (1,415)	$ 0
Current - state									(439)	(2,278)	(1,293)
Current - foreign									(6,855)	(4,890)	5,828
Total current tax (expense) benefit attributable to continuing operations									(11,827)	(8,583)	4,535
Deferred - federal									22,413	68,450	25,830
Deferred - state									6,200	22,041	5,678
Deferred - foreign									431	(1,516)	415
Total deferred tax benefit attributable to continuing operations									29,044	88,975	31,923
Income tax benefit attributable to continuing operations	$ 5,195	$ 244	$ 1,277	$ 10,501	$ 79,947	$ 21,120	$ (22,397)	$ 1,722	$ 17,217	$ 80,392	$ 36,458

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Loss Carryforwards [Line Items]
Current tax (benefit) expense	$ 11,827	$ 8,583	$ (4,535)
Deferred tax expense (benefit)	$ (29,044)	$ (88,975)	$ (31,923)
Effective tax rate expense (benefit)	9.90%	63%	9.20%
Unrecognized tax benefits, interest on income taxes accrued	$ 6,100	$ 5,200
Unrecognized tax benefits, income tax penalties and interest accrued	19,700	26,900
Unrecognized tax benefits	13,656	21,676	$ 20,506
Unrecognized tax benefits net of deferred tax assets	(3,900)	11,000
Unrecognized tax benefits that, if recognized, would impact the effective income tax rate	8,800	9,500
Other long-term liabilities
Operating Loss Carryforwards [Line Items]
Unrecognized tax benefits	15,900	$ 15,900
Clear Media Limited
Operating Loss Carryforwards [Line Items]
Current tax (benefit) expense	$ 11,800

INCOME TAXES - Significant Co_2

INCOME TAXES - Significant Components of Deferred Tax Liabilities and Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Deferred tax liabilities:
Operating lease right-of-use assets	$ 372,963	$ 349,279
Intangible assets	311,587	333,750
Fixed assets	21,691	17,718
Other	3,547	13,779
Total deferred tax liabilities	709,788	714,526
Deferred tax assets:
Operating lease liabilities	385,514	360,185
Net operating loss carryforwards	127,603	136,885
Interest expense carryforwards	136,617	119,336
Accrued expenses	16,496	15,821
Stock-based compensation expense	4,415	4,778
Credit loss provision	3,577	3,054
Other	11,533	18,987
Total deferred tax assets	685,755	659,046
Less: Valuation allowance	207,448	180,730
Net deferred tax assets	478,307	478,316
Net deferred tax liabilities	$ 231,481	$ 236,210
Adjusted taxable income, percent	30%
U.S.
Deferred tax assets:
Deferred tax assets for net operating loss carryforwards (tax effected)	$ 73,400
Offsetting associated valuation allowance	92,200
Foreign
Deferred tax assets:
Deferred tax assets for net operating loss carryforwards (tax effected)	54,200
Offsetting associated valuation allowance	$ 115,200

INCOME TAXES - Schedule of Inco

INCOME TAXES - Schedule of Income (Loss) Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
U.S.	$ (200,961)	$ (77,153)	$ (321,194)
Foreign	26,637	(50,542)	(73,408)
Total loss from continuing operations before income taxes	$ (174,324)	$ (127,695)	$ (394,602)

INCOME TAXES - Reconciliation o

INCOME TAXES - Reconciliation of Income Tax Computed at the U.S. Federal Statutory Rates to Income Tax Benefit (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Amount
Income tax benefit at statutory rates									$ 36,608	$ 26,816	$ 82,866
State income taxes, net of federal tax effect									7,778	3,683	10,088
Foreign income taxes									(2,204)	(17,018)	(13,742)
Nondeductible items									(4,447)	(6,004)	(229)
Changes in valuation allowance and other estimates									(20,454)	79,352	(45,710)
Other, net									(64)	(6,437)	3,185
Income tax benefit attributable to continuing operations	$ 5,195	$ 244	$ 1,277	$ 10,501	$ 79,947	$ 21,120	$ (22,397)	$ 1,722	$ 17,217	$ 80,392	$ 36,458
Percent
Income tax benefit at statutory rates									21%	21%	21%
State income taxes, net of federal tax effect									4.50%	2.90%	2.60%
Foreign income taxes									(1.30%)	(13.30%)	(3.50%)
Nondeductible items									(2.60%)	(4.70%)	(0.10%)
Changes in valuation allowance and other estimates									(11.70%)	62.10%	(11.60%)
Other, net									0%	(5.00%)	0.80%
Income tax benefit attributable to continuing operations									9.90%	63%	9.20%

INCOME TAXES - Reconciliation_2

INCOME TAXES - Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Unrecognized Tax Benefits
Balance at beginning of period	$ 21,676	$ 20,506
Increases for tax position taken in the current year	270	2,045
Increases for tax positions taken in previous years	694	228
Decreases for tax positions taken in previous years	(916)	(424)
Decreases due to settlements with tax authorities	(156)	(605)
Decreases due to lapse of statute of limitations	(7,912)	(74)
Balance at end of period	$ 13,656	$ 21,676

PROPERTY, PLANT AND EQUIPMENT -

PROPERTY, PLANT AND EQUIPMENT - Schedule of Property, Plant And Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,587,386,000	$ 2,508,671,000
Less: Accumulated depreciation	(1,921,042,000)	(1,836,558,000)
Property, plant and equipment, net	666,344,000	672,113,000
Depreciation expense	162,800,000	182,100,000	$ 190,500,000
Impairment of assets	0	0	$ 0
Structures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,157,237,000	2,098,547,000
Furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	229,514,000	211,319,000
Land, buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	143,300,000	131,758,000
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	57,335,000	67,047,000
Billboard Structures
Property, Plant and Equipment [Line Items]
Acquisitions of property, plant and equipment	1,800,000	2,900,000
Land and Land Improvements
Property, Plant and Equipment [Line Items]
Acquisitions of property, plant and equipment	$ 100,000	$ 8,200,000

INTANGIBLE ASSETS AND GOODWIL_2

INTANGIBLE ASSETS AND GOODWILL - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other Intangible Assets [Line Items]
Total intangible assets	$ 1,350,978	$ 1,337,185
Accumulated Amortization	(446,104)	(363,178)
Permanent easements
Other Intangible Assets [Line Items]
Gross carrying amount, indefinite-lived	163,293	160,688
Permits
Other Intangible Assets [Line Items]
Gross carrying amount, finite-lived	746,126	739,119
Accumulated Amortization	(80,439)	(16,058)
Transit, street furniture and other outdoor    contractual rights
Other Intangible Assets [Line Items]
Gross carrying amount, finite-lived	356,883	352,663
Accumulated Amortization	(325,357)	(315,144)
Permanent easements
Other Intangible Assets [Line Items]
Accumulated Amortization	0	0
Trademarks
Other Intangible Assets [Line Items]
Gross carrying amount, finite-lived	83,569	83,569
Accumulated Amortization	(39,214)	(30,889)
Other
Other Intangible Assets [Line Items]
Gross carrying amount, finite-lived	1,107	1,146
Accumulated Amortization	$ (1,094)	$ (1,087)

INTANGIBLE ASSETS AND GOODWIL_3

INTANGIBLE ASSETS AND GOODWILL - Narrative (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Line Items]
Impairment charges	$ 0	$ 0	$ 0	$ 0	$ 0	$ 871,000	$ 21,805,000	$ 0	$ 0	$ 22,676,000	$ 118,950,000
Impairment of intangible assets										22,700,000
Impairment of assets									0	0	$ 0
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration]											Impairment charges
America
Goodwill [Line Items]
Impairment of intangible assets											$ 119,000,000
Permits
Goodwill [Line Items]
Indefinite-lived intangible assets acquired									$ 7,000,000	48,400,000
Impairment of intangible assets										$ 21,800,000
Permits | Minimum
Goodwill [Line Items]
Intangible asset, useful life	11 years				8 years				11 years	8 years
Permits | Maximum
Goodwill [Line Items]
Intangible asset, useful life	16 years				17 years				16 years	17 years
Permanent easements
Goodwill [Line Items]
Indefinite-lived intangible assets acquired									$ 3,800,000	$ 3,800,000
Impairment of intangible assets										$ 900,000

INTANGIBLE ASSETS AND GOODWIL_4

INTANGIBLE ASSETS AND GOODWILL - Schedule of Estimated Amortization Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 79,000	$ 35,700	$ 22,600
2024	78,854
2025	78,734
2026	77,965
2027	76,764
2028	75,506
Thereafter	353,758
Total	$ 741,581

INTANGIBLE ASSETS AND GOODWIL_5

INTANGIBLE ASSETS AND GOODWILL - Schedule of Changes in Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill
Beginning balance	$ 650,643	$ 659,529
Foreign currency impact	5,920	(8,886)
Ending balance	656,563	650,643
America
Goodwill
Beginning balance	482,937	482,937
Foreign currency impact	0	0
Ending balance	482,937	482,937
Goodwill, cumulative impairment			$ 2,600,000
Airports
Goodwill
Beginning balance	24,882	24,882
Foreign currency impact	0	0
Ending balance	24,882	24,882
Europe-North
Goodwill
Beginning balance	142,824	151,710
Foreign currency impact	5,920	(8,886)
Ending balance	$ 148,744	$ 142,824
Goodwill, cumulative impairment			79,400
Other
Goodwill
Goodwill, cumulative impairment			$ 90,400

ASSET RETIREMENT OBLIGATIONS (D

ASSET RETIREMENT OBLIGATIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Asset Retirement Obligation, Roll Forward Analysis
Beginning balance	$ 36,698	$ 33,853
Additions and adjustments due to changes in estimates	3,343	2,923
Accretion of liability	2,731	2,715
Liabilities settled	(1,769)	(1,629)
Foreign currency impact	584	(1,164)
Ending balance	$ 41,587	$ 36,698

STOCKHOLDERS' DEFICIT - Narrati

STOCKHOLDERS' DEFICIT - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for future issuance (in shares)	17,570,195
Tax benefit related to share-based compensation expense	$ 5.2	$ 5.3	$ 4.7
Unrecognized compensation cost related to arrangements that will vest based on service conditions	$ 20.3
Stock options and restricted shares not included in computation of diluted earnings per share	24,300,000	24,700,000	26,100,000
Restricted stock units and awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average period over which cost is expected to be recognized (in years)	2 years
Vesting period of performance period.	3 years
Transfer limitation period	5 years
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of performance period.	3 years
Performance stock units | TSR at 90th percentile or higher
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Relative TSR percentage achieved	150%
Performance stock units | TSR at 60th percentile
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Relative TSR percentage achieved	100%
Share-based compensation arrangement by share-based payment award, percentage of outstanding stock maximum	100%
Performance stock units | TSR at 30th percentile
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Relative TSR percentage achieved	50%
Stock options and other
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of performance period.	5 years
Term of options granted	10 years

STOCKHOLDERS' DEFICIT - Schedul

STOCKHOLDERS' DEFICIT - Schedule of Share-Based Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit related to share-based compensation expense	$ 20,330	$ 20,512	$ 18,808
Restricted stock units and awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit related to share-based compensation expense	15,369	15,298	14,774
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit related to share-based compensation expense	4,830	5,083	4,007
Stock options and other
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit related to share-based compensation expense	$ 131	$ 131	$ 27

STOCKHOLDERS' DEFICIT - Sched_2

STOCKHOLDERS' DEFICIT - Schedule of Restricted Stock and Restricted Stock Units Outstanding and Activity (Details) - Restricted stock units and awards - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Number of RSUs and RSAs
Beginning balance (in shares)	12,635
Granted (in shares)	15,605
Vested (restriction lapsed) (in shares)	(7,734)
Forfeited (in shares)	(457)
Ending balance (in shares)	20,049	12,635
Weighted-Average Grant-Date Fair Value
Beginning balance (in dollars per share)	$ 2.08
Granted (in dollars per share)	1.32	$ 2.58	$ 2.27
Vested (restriction lapsed) (in dollars per share)	1.93
Forfeited (in dollars per share)	1.78
Ending balance (in dollars per share)	$ 1.56	$ 2.08

STOCKHOLDERS' DEFICIT - Sched_3

STOCKHOLDERS' DEFICIT - Schedule Assumptions Used to Calculate Fair Value of PSUs (Details) - Performance stock units	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	79.30%	68.60%	65.80%
Risk-free interest rate	3.70%	2.80%	0.30%
Expected dividend yield	0%	0%	0%

STOCKHOLDERS' DEFICIT - Sched_4

STOCKHOLDERS' DEFICIT - Schedule of PSUs Outstanding and Activity (Details) - Performance stock units - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Number of PSUs
Beginning balance (in shares)	7,564
Granted (in shares)	3,433
Vested (in shares)	(2,400)
Forfeited (in shares)	(1,310)
Ending balance (in shares)	7,287	7,564
Weighted-Average Grant-Date Fair Value
Beginning balance (in dollars per share)	$ 1.83
Granted (in dollars per share)	1.62	$ 2.69	$ 2.55
Vested (in dollars per share)	1
Forfeited (in dollars per share)	1
Ending balance (in dollars per share)	$ 2.15	$ 1.83
Share-based compensation arrangement by share-based payment award, award requisite service period	3 years

STOCKHOLDERS' DEFICIT - Sched_5

STOCKHOLDERS' DEFICIT - Schedule of Stock Options Outstanding and Stock Option Activity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Options
Beginning balance (in shares)	3,373
Expired (in shares)	(156)
Ending balance (in shares)	3,217	3,373
Weighted-Average Exercise Price
Beginning balance (in dollars per share)	$ 5.55
Expired (in dollars per share)	5.89
Ending balance (in dollars per share)	$ 5.53	$ 5.55
Weighted-Average Remaining Contractual Term
Outstanding	3 years 2 months 12 days	4 years
Aggregate Intrinsic Value
Outstanding at beginning of year	$ 0
Outstanding at end of year	$ 0	$ 0

STOCKHOLDERS' DEFICIT - Sched_6

STOCKHOLDERS' DEFICIT - Schedule Computation of Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021
Numerators:
Loss from continuing operations	$ 25,386	$ (51,082)	$ (38,806)	$ (92,605)	$ 106,496	$ (18,798)	$ (73,939)	$ (61,062)	$ (157,107)		$ (47,303)		$ (358,144)
Less: Net income from continuing operations attributable to noncontrolling interests									2,009		2,253		599
Net loss from continuing operations attributable to the Company									(159,116)		(49,556)		(358,743)
Loss from discontinued operations	617	(211,736)	2,227	57,183	(7,058)	(19,982)	8,622	(28,667)	(151,709)		(47,085)		(74,976)
Less: Net income (loss) from discontinued operations attributable to noncontrolling interests									97		(37)		96
Net loss from discontinued operations attributable to the Company									(151,806)		(47,048)		(75,072)
Net loss attributable to the Company	$ 24,777	$ (263,490)	$ (37,297)	$ (34,912)	$ 98,685	$ (39,757)	$ (65,664)	$ (89,868)	$ (310,922)		$ (96,604)		$ (433,815)
Denominators:
Weighted average common shares outstanding - Basic (in shares)	483,027	482,945	482,373	478,501	476,069	475,612	475,125	470,568	481,727		474,362		468,491
Weighted average common shares outstanding - Diluted (in shares)	489,132	482,945	482,373	478,501	481,664	475,612	475,125	470,568	481,727		474,362		468,491
Net loss attributable to the Company per share of common stock — Basic:
Net loss from continuing operations attributable to the Company per share of common stock - basic (in dollars per share)	$ 0.05	$ (0.11)	$ (0.08)	$ (0.19)	$ 0.22	$ (0.04)	$ (0.16)	$ (0.13)	$ (0.33)		$ (0.10)		$ (0.77)
Net loss from discontinued operations attributable to the Company per share of common stock - basic (in dollars per share)	0	(0.44)	0	0.12	(0.01)	(0.04)	0.02	(0.06)	(0.32)		(0.10)		(0.16)
Net loss attributable to the Company per share of common stock - basic (in dollars per share)	0.05	(0.55)	(0.08)	(0.07)	0.21	(0.08)	(0.14)	(0.19)	(0.65)	[1]	(0.20)	[1]	(0.93)	[1]
Net loss attributable to the Company per share of common stock — Diluted:
Net loss from continuing operations attributable to the Company per share of common stock - diluted (in dollars per share)	0.05	(0.11)	(0.08)	(0.19)	0.22	(0.04)	(0.16)	(0.13)	(0.33)		(0.10)		(0.77)
Net loss from discontinued operations attributable to the Company per share of common stock - diluted (in dollars per share)	0	(0.44)	0	0.12	(0.01)	(0.04)	0.02	(0.06)	(0.32)		(0.10)		(0.16)
Net loss attributable to the Company per share of common stock - diluted (in dollars per share)	$ 0.05	$ (0.55)	$ (0.08)	$ (0.07)	$ 0.20	$ (0.08)	$ (0.14)	$ (0.19)	$ (0.65)	[1]	$ (0.20)	[1]	$ (0.93)	[1]
[1] Due to rounding, the total may not equal the sum of the line items in the table above.

EMPLOYEE BENEFIT PLANS - Narrat

EMPLOYEE BENEFIT PLANS - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Defined Contribution Plan Disclosure [Line Items]
Percent of first pay contributed the company will match (as a percent)	50%
First pay contributed that will be matched (as a percent)	5%
Maximum contribution	$ 5,000
Company matching contributions	3,300,000	$ 2,900,000	$ 2,400,000
Accumulated benefit obligation	90,200,000	73,300,000
Increase (decrease) in deferred income tax liabilities	(100,000)	(400,000)	200,000
Contributions by Company	7,156,000	1,348,000	2,800,000
International
Defined Contribution Plan Disclosure [Line Items]
Company matching contributions	$ 7,300,000	$ 7,600,000	$ 2,800,000

EMPLOYEE BENEFIT PLANS - Schedu

EMPLOYEE BENEFIT PLANS - Schedule of Net Periodic Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 137	$ 162
Interest cost	3,318	1,912
Amortization of prior service costs	(85)	(289)	$ (4,911)
Continuing Operations
Defined Benefit Plan Disclosure [Line Items]
Service cost	137	162	99
Interest cost	$ 3,318	$ 1,912	$ 1,732
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Operating Income (Expense), Net	Other Operating Income (Expense), Net	Other Operating Income (Expense), Net
Expected return on plan assets	$ (5,028)	$ (4,680)	$ (4,476)
Defined Benefit Plan Net Periodic Benefit Cost Credit Expected Return Loss Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag	Expected return on plan assets	Expected return on plan assets	Expected return on plan assets
Amortization of actuarial losses	$ 1,050	$ 452	$ 1,227
Defined Benefit Plan Net Periodic Benefit Cost Credit Amortization Of Gain Loss Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag	Amortization of actuarial losses	Amortization of actuarial losses	Amortization of actuarial losses
Amortization of prior service costs	$ (85)	$ 15	$ (4,939)
Defined Benefit Plan Net Periodic Benefit Cost Credit Amortization Of Prior Service Cost Credit Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag	Amortization of prior service costs	Amortization of prior service costs	Amortization of prior service costs
Curtailment/forfeiture gain	$ (19)	$ 0	$ 0
Total net periodic pension benefit	$ (627)	$ (2,139)	$ (6,357)

EMPLOYEE BENEFIT PLANS - Sche_2

EMPLOYEE BENEFIT PLANS - Schedule of Changes in Benefit Obligations and Plan Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Projected benefit obligation:
Beginning balance, projected benefit obligation	$ 73,669	$ 124,199
Service cost	137	162
Interest cost	3,318	1,912
Contributions by plan participants	97	88
Actuarial loss (gain)	12,686	(36,785)
Foreign exchange impact	3,938	(12,748)
Benefits paid	(3,414)	(3,159)
Plan curtailment/forfeitures	(19)	0
Ending balance, projected benefit obligation	90,412	73,669	$ 124,199
Fair value of plan assets:
Beginning balance, fair value of plan assets	76,336	132,490
Actual return (loss) on plan assets	4,755	(40,743)
Foreign exchange impact	4,167	(13,688)
Contributions by Company	7,156	1,348	2,800
Contributions by plan participants	97	88
Benefits paid	(3,414)	(3,159)
Ending balance, fair value of plan assets	89,097	76,336	$ 132,490
(Underfunded) Overfunded status, net	(1,315)	2,667
Defined Benefit Plan Disclosure [Line Items]
(Underfunded) Overfunded status, net	(1,315)	2,667
Other long-term liabilities
Fair value of plan assets:
(Underfunded) Overfunded status, net	(1,300)	(1,000)
Defined Benefit Plan Disclosure [Line Items]
(Underfunded) Overfunded status, net	$ (1,300)	(1,000)
Other Assets
Fair value of plan assets:
(Underfunded) Overfunded status, net		3,700
Defined Benefit Plan Disclosure [Line Items]
(Underfunded) Overfunded status, net		$ 3,700

EMPLOYEE BENEFIT PLANS - Sche_3

EMPLOYEE BENEFIT PLANS - Schedule of Amortization of Prior Service Costs and Changes in Pre-tax Net Loss (Gain) Recognized in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plan, Accumulated Other Comprehensive Income Loss Before Tax [Roll Forward]
Beginning balance, accumulated other comprehensive loss	$ 26,718	$ 24,926	$ 50,985
Reclassification adjustment related to sold businesses	3,106	0	0
Net actuarial loss (gain) arising during the period	12,959	1,314	(21,932)
Amortization of net actuarial loss	(1,050)	(320)	(923)
Amortization of prior service costs	85	289	4,911
Plan amendments during the period	0	0	(4,604)
Other adjustments	1,532	509	(3,511)
Ending balance, accumulated other comprehensive loss	43,350	26,718	24,926
Unrecognized net actuarial loss	43,640	27,822	26,729
Unrecognized prior service cost	(290)	(1,104)	(1,803)
Total	$ 43,350	$ 26,718	$ 24,926

EMPLOYEE BENEFIT PLANS - Sche_4

EMPLOYEE BENEFIT PLANS - Schedule of Assumptions Used to Measure Net Periodic Cost (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Minimum
Weighted-average assumptions used to measure net periodic pension cost (benefit):
Discount rates	1.50%	0.20%	0%
Expected long-term rates of return on plan assets	2%	1.50%	1.50%
Rates of compensation increase	1%	0.50%	0.50%
Weighted-average assumptions used to measure projected benefit obligation:
Discount rates	1.50%	2.25%	0.20%
Expected long-term rates of return on plan assets	2%	2%	1.50%
Rates of compensation increase	1%	1%	0.50%
Maximum
Weighted-average assumptions used to measure net periodic pension cost (benefit):
Discount rates	4.65%	1.80%	1.30%
Expected long-term rates of return on plan assets	6.80%	4%	3.90%
Rates of compensation increase	3.75%	2.60%	2.30%
Weighted-average assumptions used to measure projected benefit obligation:
Discount rates	4.15%	4.65%	1.80%
Expected long-term rates of return on plan assets	4.15%	6.80%	4%
Rates of compensation increase	3.80%	3.75%	2.60%

EMPLOYEE BENEFIT PLANS - Sche_5

EMPLOYEE BENEFIT PLANS - Schedule of Defined-benefit Pension Plans’ Assets and Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 89,097	$ 76,336	$ 132,490
Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	89,097	76,336
Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and short-term investments | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and short-term investments | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	554	2,174
Cash and short-term investments | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Credit instruments | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		0
Credit instruments | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		10,493
Credit instruments | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		0
Equity securities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity securities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,243	45,796
Equity securities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Real estate | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Real estate | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	831	870
Real estate | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Corporate bonds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Corporate bonds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,104	13,781
Corporate bonds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Insurance contracts | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Insurance contracts | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	85,365	3,222
Insurance contracts | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0

EMPLOYEE BENEFIT PLANS - Sche_6

EMPLOYEE BENEFIT PLANS - Schedule of Expected Benefit Payments (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Retirement Benefits [Abstract]
2024	$ 3,149
2025	3,364
2026	2,999
2027	3,168
2028	3,416
2029 - 2033	$ 20,631

OTHER INFORMATION - Reconciliat

OTHER INFORMATION - Reconciliation of Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Restricted Cash and Cash Equivalents Items [Line Items]
Cash and cash equivalents in the Balance Sheets	$ 251,652	$ 282,232
Cash and cash equivalents included in Current assets of discontinued operations	651	5,118
Restricted cash included in:
Total cash, cash equivalents and restricted cash in the Statements of Cash Flows	260,541	298,682	$ 419,971	$ 795,061
Continuing Operations
Restricted cash included in:
Other current assets	3,051	1,953
Other assets	4,463	4,149
Discontinued Operations
Restricted cash included in:
Other current assets	724	1,322
Other assets	$ 0	$ 3,908

OTHER INFORMATION - Accounts Re

OTHER INFORMATION - Accounts Receivable (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Income and Expenses [Abstract]
Accounts receivable	$ 514,891	$ 467,776
Less: Allowance for credit losses	(15,080)	(14,093)
Accounts receivable, net	499,811	453,683
Credit loss expense (reversal)	$ 3,800	$ 5,700	$ (3,000)

OTHER INFORMATION - Schedule of

OTHER INFORMATION - Schedule of Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other Income and Expenses [Abstract]
Accrued rent	$ 114,489	$ 86,892
Accrued employee compensation and benefits	73,422	86,630
Accrued taxes	51,209	37,590
Accrued agency commissions and incentives	42,736	31,675
Accrued other	103,764	87,963
Total accrued expenses	$ 385,620	$ 330,750

OTHER INFORMATION - Components

OTHER INFORMATION - Components of Other Income (Expense) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Income and Expenses [Abstract]
Foreign exchange gain (loss)									$ 11,895	$ (39,666)	$ (3,062)
Equity in earnings of nonconsolidated affiliates									1,743	1,943	176
Other									(7,235)	663	1,244
Total other income (expense), net	$ 2,681	$ (17,269)	$ 12,211	$ 8,780	$ 23,203	$ (27,968)	$ (26,401)	$ (5,894)	$ 6,403	$ (37,060)	$ (1,642)

QUARTERLY RESULTS OF OPERATIO_3

QUARTERLY RESULTS OF OPERATIONS (Unaudited) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021
Quarterly Financial Data [Abstract]
Revenue	$ 632,114	$ 526,786	$ 530,820	$ 437,420	$ 562,247	$ 503,344	$ 512,299	$ 436,138	$ 2,127,140		$ 2,014,028		$ 1,768,758
Operating expenses:
Direct operating expenses	302,480	271,377	266,226	252,603	260,637	241,389	244,073	235,880	1,092,686	[1]	981,979	[1]	887,034	[1]
Selling, general and administrative expenses	105,351	87,083	89,314	89,895	93,900	90,381	90,182	83,126	371,643	[1]	357,589	[1]	329,629	[1]
Corporate expenses	42,897	34,931	58,316	36,180	38,529	38,299	39,925	45,099	172,324	[1]	161,852	[1]	158,241	[1]
Depreciation and amortization	55,419	57,699	64,502	64,208	65,483	49,871	51,229	51,252	241,828		217,835		213,098
Impairment charges	0	0	0	0	0	871	21,805	0	0		22,676		118,950
Other operating expense (income), net	1,647	6,179	23	3,920	1,457	1,863	3,741	(4,928)	11,769		2,133		3,014
Operating income	124,320	69,517	52,439	(9,386)	102,241	80,670	61,344	25,709	236,890		269,964		58,792
Interest expense, net	(106,810)	(107,391)	(104,733)	(102,500)	(98,895)	(92,620)	(86,485)	(82,599)	(421,434)		(360,599)		(348,995)
Gain (loss) on extinguishment of debt	0	3,817	0	0	0	0	0	0	3,817		0		(102,757)
Other income (expense), net	2,681	(17,269)	12,211	8,780	23,203	(27,968)	(26,401)	(5,894)	6,403		(37,060)		(1,642)
Loss from continuing operations before income taxes	20,191	(51,326)	(40,083)	(103,106)	26,549	(39,918)	(51,542)	(62,784)	(174,324)		(127,695)		(394,602)
Income tax benefit (expense) attributable to continuing operations	5,195	244	1,277	10,501	79,947	21,120	(22,397)	1,722	17,217		80,392		36,458
Loss from continuing operations	25,386	(51,082)	(38,806)	(92,605)	106,496	(18,798)	(73,939)	(61,062)	(157,107)		(47,303)		(358,144)
Income (loss) from discontinued operations	617	(211,736)	2,227	57,183	(7,058)	(19,982)	8,622	(28,667)	(151,709)		(47,085)		(74,976)
Consolidated net loss	26,003	(262,818)	(36,579)	(35,422)	99,438	(38,780)	(65,317)	(89,729)	(308,816)		(94,388)		(433,120)
Less: Net income (loss) attributable to noncontrolling interests	1,226	672	718	(510)	753	977	347	139	2,106		2,216		695
Net loss attributable to the Company	$ 24,777	$ (263,490)	$ (37,297)	$ (34,912)	$ 98,685	$ (39,757)	$ (65,664)	$ (89,868)	$ (310,922)		$ (96,604)		$ (433,815)
Weighted average common shares outstanding - Basic and Diluted:
Weighted average common shares outstanding - Basic (in shares)	483,027	482,945	482,373	478,501	476,069	475,612	475,125	470,568	481,727		474,362		468,491
Weighted average common shares outstanding - Diluted (in shares)	489,132	482,945	482,373	478,501	481,664	475,612	475,125	470,568	481,727		474,362		468,491
Net income (loss) attributable to the Company per share of common stock - Basic:
Net income (loss) from continuing operations attributable to the Company per share of common stock - basic (in dollars per share)	$ 0.05	$ (0.11)	$ (0.08)	$ (0.19)	$ 0.22	$ (0.04)	$ (0.16)	$ (0.13)	$ (0.33)		$ (0.10)		$ (0.77)
Net income (loss) from discontinued operations attributable to the Company per share of common stock - basic (in dollars per share)	0	(0.44)	0	0.12	(0.01)	(0.04)	0.02	(0.06)	(0.32)		(0.10)		(0.16)
Net loss attributable to the Company per share of common stock - basic (in dollars per share)	0.05	(0.55)	(0.08)	(0.07)	0.21	(0.08)	(0.14)	(0.19)	(0.65)	[2]	(0.20)	[2]	(0.93)	[2]
Net income (loss) attributable to the Company per share of common stock - Diluted:
Net income (loss) from continuing operations attributable to the Company per share of common stock	0.05	(0.11)	(0.08)	(0.19)	0.22	(0.04)	(0.16)	(0.13)	(0.33)		(0.10)		(0.77)
Net income (loss) from discontinued operations attributable to the Company per share of common stock	0	(0.44)	0	0.12	(0.01)	(0.04)	0.02	(0.06)	(0.32)		(0.10)		(0.16)
Net loss attributable to the Company per share of common stock - diluted (in dollars per share)	$ 0.05	$ (0.55)	$ (0.08)	$ (0.07)	$ 0.20	$ (0.08)	$ (0.14)	$ (0.19)	$ (0.65)	[2]	$ (0.20)	[2]	$ (0.93)	[2]
[1] Excludes depreciation and amortization Due to rounding, the total may not equal the sum of the line items in the table above.

SCHEDULE II VALUATION AND QUA_2

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS - Allowance for Doubtful Accounts (Details) - Allowance for Doubtful Accounts - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Movement in Valuation Allowances and Reserves
Balance at Beginning of Period	$ 14,093	$ 14,047	$ 20,600
Charges to Costs, Expenses and other	3,765	5,679	(2,963)
Write-off of Accounts Receivable	(2,884)	(4,976)	(3,639)
Other	106	(657)	49
Balance at End of Period	$ 15,080	$ 14,093	$ 14,047

SCHEDULE II VALUATION AND QUA_3

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS - Deferred Tax Asset Valuation Allowance (Details) - Deferred Tax Asset Valuation Allowance - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Movement in Valuation Allowances and Reserves
Balance at Beginning of Period	$ 180,730	$ 252,171	$ 191,854
Charges to Costs, Expenses and other	46,562	22,065	66,160
Reversal	(18,492)	(81,398)	(2,091)
Adjustments	(1,352)	(12,108)	(3,752)
Balance at End of Period	207,448	$ 180,730	$ 252,171
Domestic tax authority
Movement in Valuation Allowances and Reserves
Charges to Costs, Expenses and other	25,900
Foreign tax authority
Movement in Valuation Allowances and Reserves
Charges to Costs, Expenses and other	$ 20,700