GOODWILL, NET AND INTANGIBLE ASSETS, NET (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Intangible Asset, Goodwill and Other [Abstract] |
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| Schedule of Changes in Carrying Amount of Goodwill |
The following table presents the changes in the Company's goodwill carrying values for its reportable segments during the six months ended June 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Radio Broadcasting | | Reach Media | | Digital | | Cable Television | | Total | | (In thousands) | | As of December 31, 2025 | | | | | | | | | | | Gross goodwill | $ | 154,967 | | | $ | 30,468 | | | $ | 26,912 | | | $ | 165,699 | | | $ | 378,046 | | | Accumulated impairment losses | (128,846) | | | (16,616) | | | (26,912) | | | (73,289) | | | (245,664) | | | As of December 31, 2025 | $ | 26,121 | | | $ | 13,852 | | | $ | — | | | $ | 92,410 | | | $ | 132,382 | | | | | | | | | | | | | | | | | | | | | | | Impairments | — | | | (13,852) | | | — | | | — | | | (13,852) | | Disposition of business (See Note 7 - Dispositions and Acquisitions) | (36) | | | — | | | — | | | — | | | (36) | | Assets-held-for sale (See Note 7 - Dispositions and Acquisitions) | (677) | | | — | | | — | | | — | | | (677) | | | | | | | | | | | | | As of June 30, 2026 | | | | | | | | | | | Gross goodwill | $ | 154,254 | | | $ | 30,468 | | | $ | 26,912 | | | $ | 165,699 | | | $ | 377,333 | | | Accumulated impairment losses | (128,846) | | | (30,468) | | | (26,912) | | | (73,289) | | | (259,515) | | | Net goodwill at June 30, 2026 | $ | 25,408 | | | $ | — | | | $ | — | | | $ | 92,410 | | | $ | 117,818 | |
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| Schedule of Indefinite-Lived Intangible Assets |
The following table presents the changes in the Company’s Radio Broadcasting Licenses, Net carrying value during the six months ended June 30, 2026. | | | | | | | | | (In thousands) | | Balance as of January 1, 2026 | $ | 121,014 | | | | Assets-held-for sale (See Note 7 - Dispositions and Acquisitions) | (1,009) | | Disposal (See Note 7 - Dispositions and Acquisitions) | (123) | | | Non-cash broadcasting license acquisition | 3,030 | | | Amortization expense | (7,668) | | Balance as of June 30, 2026 | $ | 115,244 | |
The following table presents the changes in the Company’s TV One Trade Name during the six months ended June 30, 2026. | | | | | | | (In thousands) | | Balance as of January 1, 2026 | $ | 24,068 | | | Amortization expense | (1,205) | | Balance as of June 30, 2026 | $ | 22,863 | |
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| Schedule of Estimated Amortization Expense |
Future estimated amortization expense related to the broadcasting licenses for the remainder of 2026 through 2031, and thereafter, is as follows: | | | | | | | (In thousands) | | Remainder of 2026 | $ | 7,283 | | | 2027 | 13,955 | | | 2028 | 12,927 | | | 2029 | 11,899 | | | 2030 | 10,871 | | | 2031 | 9,843 | | | Thereafter | 48,466 | |
Future estimated amortization expense related to the TV One Trade Name for the years 2026 through 2031 and thereafter is as follows: | | | | | | | (In thousands) | | Remainder of 2026 | $ | 1,203 | | | 2027 | 2,280 | | | 2028 | 2,153 | | | 2029 | 2,027 | | | 2030 | 1,900 | | | 2031 | 1,773 | | | Thereafter | 11,527 | |
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