v3.26.1
NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents our revenue disaggregated by type and segment (in millions):
For the three months ended March 31, 2026Local MediaTennisOtherEliminationsTotal
Distribution revenue$402 $56 $— $— $458 
Core advertising revenue261 13 40 (9)305 
Political advertising revenue18 — — — 18 
Other media, non-media, and intercompany revenue20 (1)26 
Total revenue$701 $70 $46 $(10)$807 
For the three months ended March 31, 2025Local MediaTennisOtherEliminationsTotal
Distribution revenue$395 $56 $— $— $451 
Core advertising revenue271 11 15 (5)292 
Political advertising revenue— — — 
Other media, non-media, and intercompany revenue22 (2)27 
Total revenue$694 $68 $21 $(7)$776