DISPOSITION AND ACQUISITIONS	3 Months Ended
Mar. 31, 2026
Disposition and Acquisitions [Abstract]
DISPOSITION AND ACQUISITIONS	7. DISPOSITIONS AND ACQUISITIONS In March 2026, the Company entered into an agreement to sell its WMXG and WLNK-FM radio broadcasting licenses in Charlotte, North Carolina along with the associated station assets from the Radio Broadcasting segment to unrelated third parties for approximately $0.7 million and $4.2 million respectively, pending on approval by the Federal Communication Commission ("FCC"). The Company anticipates to complete the sale by the end of the second quarter of 2026. All stations will continue operating in their current format until the transaction receives FCC approval and closes. The assets and liabilities associated with the radio stations have been reclassified as held-for-sale in the unaudited consolidated balance sheets as of March 31, 2026. The primary assets classified as held-for-sale are property of $0.1 million and broadcasting licenses of $0.1 million. On April 28, 2026, the Company entered into an agreement to acquire Service Broadcasting Group, LLC, including radio stations KKDA and KRNB in Dallas, Texas for $22.0 million. At the same time, the Company also entered into an agreement to sell radio station KZMJ to Fuzion Dallas, LLC for $6.0 million. The transactions include the transfer of each station’s FCC license and related assets and are subject to approval by the FCC and other customary closing conditions. All stations will continue operating in their current format until the transaction receives FCC approval and closes. As the conditions were not met for held-for-sale under Accounting Standards Codification No. 360, Property, Plant and Equipment as of March 31, 2026, the assets and liabilities of KZMJ were not classified as held-for-sale. The Company is currently evaluating the accounting treatment for the acquisition of Service Broadcasting Group, LLC in accordance with Accounting Standards Codification No. 805, Business Combinations, including whether the acquired assets and activities meet the definition of a business.

DISPOSITION AND ACQUISITIONS

3 Months Ended

Mar. 31, 2026

Disposition and Acquisitions [Abstract]

7. DISPOSITIONS AND ACQUISITIONS

In March 2026, the Company entered into an agreement to sell its WMXG and WLNK-FM radio broadcasting licenses in Charlotte, North Carolina along with the associated station assets from the Radio Broadcasting segment to unrelated third parties for approximately $0.7 million and $4.2 million respectively, pending on approval by the Federal Communication Commission ("FCC"). The Company anticipates to complete the sale by the end of the second quarter of 2026. All stations will continue operating in their current format until the transaction receives FCC approval and closes.

The assets and liabilities associated with the radio stations have been reclassified as held-for-sale in the unaudited consolidated balance sheets as of March 31, 2026. The primary assets classified as held-for-sale are property of $0.1 million and broadcasting licenses of $0.1 million.

On April 28, 2026, the Company entered into an agreement to acquire Service Broadcasting Group, LLC, including radio stations KKDA and KRNB in Dallas, Texas for $22.0 million. At the same time, the Company also entered into an agreement to sell radio station KZMJ to Fuzion Dallas, LLC for $6.0 million. The transactions include the transfer of each station’s FCC license and related assets and are subject to approval by the FCC and other customary closing conditions. All stations will continue operating in their current format until the transaction receives FCC approval and closes.

As the conditions were not met for held-for-sale under Accounting Standards Codification No. 360, Property, Plant and Equipment as of March 31, 2026, the assets and liabilities of KZMJ were not classified as held-for-sale.

The Company is currently evaluating the accounting treatment for the acquisition of Service Broadcasting Group, LLC in accordance with Accounting Standards Codification No. 805, Business Combinations, including whether the acquired assets and activities meet the definition of a business.