Goodwill and Other Intangible Assets (Tables)
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6 Months Ended |
Jun. 30, 2025 |
Goodwill and Intangible Assets Disclosure [Abstract] |
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Schedule of goodwill |
Goodwill consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Local Media | | Scripps Networks | | Other | | Total | | | | | | | | | | Gross balance as of December 31, 2024 | | $ | 1,122,408 | | | $ | 2,028,890 | | | $ | 7,190 | | | $ | 3,158,488 | | Accumulated impairment losses | | (216,914) | | | (973,000) | | | — | | | (1,189,914) | | Net balance as of December 31, 2024 | | $ | 905,494 | | | $ | 1,055,890 | | | $ | 7,190 | | | $ | 1,968,574 | | | | | | | | | | | Gross balance as of June 30, 2025 | | $ | 1,122,408 | | | $ | 2,028,890 | | | $ | 7,190 | | | $ | 3,158,488 | | Accumulated impairment losses | | (216,914) | | | (973,000) | | | — | | | (1,189,914) | | Net balance as of June 30, 2025 | | $ | 905,494 | | | $ | 1,055,890 | | | $ | 7,190 | | | $ | 1,968,574 | |
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Schedule of other finite-lived intangible assets |
Other intangible assets consisted of the following: | | | | | | | | | | | | | | | (in thousands) | | As of June 30, 2025 | | As of December 31, 2024 | | | | | | Amortizable intangible assets: | | | | | Carrying amount: | | | | | Television affiliation relationships | | $ | 1,060,244 | | | $ | 1,060,244 | | Customer lists and advertiser relationships | | 220,997 | | | 220,997 | | Other | | 139,141 | | | 137,997 | | Total carrying amount | | 1,420,382 | | | 1,419,238 | | Accumulated amortization: | | | | | Television affiliation relationships | | (357,269) | | | (330,233) | | Customer lists and advertiser relationships | | (167,676) | | | (156,310) | | Other | | (84,331) | | | (76,622) | | Total accumulated amortization | | (609,276) | | | (563,165) | | Net amortizable intangible assets | | 811,106 | | | 856,073 | | Indefinite-lived intangible assets — FCC licenses | | 779,415 | | | 779,415 | | Total other intangible assets | | $ | 1,590,521 | | | $ | 1,635,488 | |
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Schedule of indefinite-lived intangible assets |
Other intangible assets consisted of the following: | | | | | | | | | | | | | | | (in thousands) | | As of June 30, 2025 | | As of December 31, 2024 | | | | | | Amortizable intangible assets: | | | | | Carrying amount: | | | | | Television affiliation relationships | | $ | 1,060,244 | | | $ | 1,060,244 | | Customer lists and advertiser relationships | | 220,997 | | | 220,997 | | Other | | 139,141 | | | 137,997 | | Total carrying amount | | 1,420,382 | | | 1,419,238 | | Accumulated amortization: | | | | | Television affiliation relationships | | (357,269) | | | (330,233) | | Customer lists and advertiser relationships | | (167,676) | | | (156,310) | | Other | | (84,331) | | | (76,622) | | Total accumulated amortization | | (609,276) | | | (563,165) | | Net amortizable intangible assets | | 811,106 | | | 856,073 | | Indefinite-lived intangible assets — FCC licenses | | 779,415 | | | 779,415 | | Total other intangible assets | | $ | 1,590,521 | | | $ | 1,635,488 | |
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