Company: CCO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001334978-25-000008
Chunk: 126

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 126
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 Other13 298 269 Corporate4,731 5,714 5,094 Total$80,717 $101,493 $110,190  (1)Corporate expenses primarily consist of infrastructure and support costs related to our information technology, human resources, legal (including estimated costs for legal liabilities), finance, business services and administrative functions, as well as overall executive and support functions. Share-based compensation and certain restructuring and other costs are also included in corporate expenses.(2)Restructuring and other costs presented in this table exclude those related to corporate functions, which are included within the “Corporate expenses” line item.(3)In addition to capital expenditures paid during the period, the Company had accrued but unpaid capital expenditures for continuing operations of $6.7 million, $6.0 million and $11.5 million as of December 31, 2024, 2023, and 2022, respectively.

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Table of ContentsCLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 5 – REVENUE

The Company generates revenue from its advertising structures, which may be owned or leased. This revenue is classified as either revenue from contracts with customers or revenue from leases, depending on the terms of the contract, as described in Note 2.The following table presents revenue from contracts with customers, revenue from leases, and total revenue from continuing operations, disaggregated by geography, for 2024, 2023 and 2022:(In thousands)Revenue from contracts with customersRevenue from leasesTotal RevenueYear Ended December 31, 2024  U.S.(1)$1,005,436 $499,562 $1,504,998 Singapore232 — 232      Total$1,005,668 $499,562 $1,505,230 Year Ended December 31, 2023  U.S.(1)$747,959 $664,492 $1,412,451 Singapore10,739 10,996 21,735      Total$758,698 $675,488 $1,434,186 Year Ended December 31, 2022  U.S.(1)$698,250 $663,704 $1,361,954 Singapore10,593 9,017 19,610      Total