OTHER COMMITMENTS AND CONTINGENCIES |
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| Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| OTHER COMMITMENTS AND CONTINGENCIES | 13. OTHER COMMITMENTS AND CONTINGENCIES Commitments The Company has various commitments under contracts that include purchase obligations, programming agreements and employment agreements with annual commitments. The Company enters into purchase obligations related to contracts for television and radio advertising sales, software development, and cloud-based services, programming agreements that are non-cancelable with fixed payments for broadcaster expense allowances and network revenue stream fees, as well as employment agreements for on-air talent. As of December 31, 2025, the Company's future minimum payments under non-cancelable contracts in excess of one year and employment/talent contracts consist of the following:
In addition to fixed payments, the programming agreements also provide for variable payments based on a contractual profit split and Broadcaster preference payments. Because these amounts are variable and not fixed or determinable, they are not included in the table above. Variable payments are recognized as incurred in accordance with the terms of the agreements. Litigation From time to time, our stations are parties to various legal proceedings arising in the ordinary course of business. In the opinion of management of the Company, however, there are no legal proceedings pending against the Company that we believe are likely to have a material adverse effect on the Company.
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