| Schedule of Summary of Continuing Operations by Reportable Segment |
The Company has presented the components that reconcile adjusted operating income to operating income, and other information as to the continuing operations of the Company's operating segments below. | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Year Ended December 31, 2023 | | Domestic Operations | | International and Other | | Corporate / Inter-segment eliminations | | Consolidated | | Revenues, net | | | | | | | | | Subscription | $ | 1,340,207 | | | $ | 220,854 | | | $ | — | | | $ | 1,561,061 | | | Content licensing and other | 342,557 | | | 101,799 | | | (9,186) | | | 435,170 | | | Distribution and other | 1,682,764 | | | 322,653 | | | (9,186) | | | 1,996,231 | | | Advertising | 633,823 | | | 81,823 | | | — | | | 715,646 | | | Consolidated revenues, net | $ | 2,316,587 | | | $ | 404,476 | | | $ | (9,186) | | | $ | 2,711,877 | | | Operating income (loss) | $ | 583,542 | | | $ | (9,624) | | | $ | (185,506) | | | $ | 388,412 | | | Share-based compensation expenses | 13,765 | | | 3,388 | | | 8,512 | | | 25,665 | | | Depreciation and amortization | 46,494 | | | 18,127 | | | 42,781 | | | 107,402 | | | Impairment and other charges | 51,966 | | | 44,723 | | | — | | | 96,689 | | | Restructuring and other related charges | 3,350 | | | 3,934 | | | 20,503 | | | 27,787 | | | Cloud computing amortization | 21 | | | — | | | 10,522 | | | 10,543 | | | Majority-owned equity investees AOI | 13,606 | | | — | | | — | | | 13,606 | | | Adjusted operating income | $ | 712,744 | | | $ | 60,548 | | | $ | (103,188) | | | $ | 670,104 | | | Capital expenditures | $ | 2,535 | | | $ | 4,298 | | | $ | 28,374 | | | $ | 35,207 | |
| | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Year Ended December 31, 2022 | | Domestic Operations | | International and Other | | Corporate / Inter-segment eliminations | | Consolidated | | Revenues, net | | | | | | | | | Subscription | $ | 1,395,026 | | | $ | 223,515 | | | $ | — | | | $ | 1,618,541 | | | Content licensing and other | 491,870 | | | 135,406 | | | (21,122) | | | 606,154 | | | Distribution and other | 1,886,896 | | | 358,921 | | | (21,122) | | | 2,224,695 | | | Advertising | 788,246 | | | 83,604 | | | — | | | 871,850 | | | Consolidated revenues, net | $ | 2,675,142 | | | $ | 442,525 | | | $ | (21,122) | | | $ | 3,096,545 | | | Operating income (loss) | $ | 286,517 | | | $ | 3,031 | | | $ | (202,632) | | | $ | 86,916 | | | Share-based compensation expenses | 12,815 | | | 3,900 | | | 13,271 | | | 29,986 | | | Depreciation and amortization | 49,588 | | | 18,487 | | | 39,152 | | | 107,227 | | | Impairment and other charges | — | | | 40,717 | | | — | | | 40,717 | | | Restructuring and other related charges | 423,205 | | | 2,854 | | | 22,907 | | | 448,966 | | | Cloud computing amortization | 23 | | | — | | | 7,319 | | | 7,342 | | | Majority-owned equity investees AOI | 17,248 | | | — | | | — | | | 17,248 | | | Adjusted operating income | $ | 789,396 | | | $ | 68,989 | | | $ | (119,983) | | | $ | 738,402 | | | Capital expenditures | $ | 4,572 | | | $ | 6,039 | | | $ | 33,661 | | | $ | 44,272 | |
| | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Year Ended December 31, 2021 | | Domestic Operations | | International and Other | | Corporate / Inter-segment eliminations | | Consolidated | | Revenues, net | | | | | | | | | Subscription | $ | 1,318,732 | | | $ | 249,844 | | | $ | — | | | $ | 1,568,576 | | | Content licensing and other | 416,898 | | | 155,805 | | | (14,325) | | | 558,378 | | | Distribution and other | 1,735,630 | | | 405,649 | | | (14,325) | | | 2,126,954 | | | Advertising | 844,986 | | | 105,668 | | | — | | | 950,654 | | | Consolidated revenues, net | $ | 2,580,616 | | | $ | 511,317 | | | $ | (14,325) | | | $ | 3,077,608 | | | Operating income (loss) | $ | 617,875 | | | $ | 37,167 | | | $ | (165,120) | | | $ | 489,922 | | | Share-based compensation expenses | 22,077 | | | 3,627 | | | 22,221 | | | 47,925 | | | Depreciation and amortization | 48,025 | | | 19,807 | | | 26,049 | | | 93,881 | | | Impairment and other charges | 143,000 | | | 16,610 | | | — | | | 159,610 | | | Restructuring and other related charges | 2,516 | | | 6,083 | | | 1,779 | | | 10,378 | | | Cloud computing amortization | — | | | — | | | 2,406 | | | 2,406 | | | Majority-owned equity investees AOI | 11,948 | | | — | | | — | | | 11,948 | | | Adjusted operating income | $ | 845,441 | | | $ | 83,294 | | | $ | (112,665) | | | $ | 816,070 | | | Capital expenditures | $ | 9,635 | | | $ | 6,009 | | | $ | 26,928 | | | $ | 42,572 | |
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