v3.26.1
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill
Goodwill consisted of the following:
(in thousands)Local MediaScripps NetworksOtherTotal
Gross balance as of December 31, 2025$1,064,474 $2,022,159 $7,190 $3,093,823 
Accumulated impairment losses(205,717)(969,772)— (1,175,489)
Net balance as of December 31, 2025858,757 1,052,387 7,190 1,918,334 
Sale of television stations in Gray swap(26,770)— — (26,770)
Acquired television stations from Gray swap4,932 — — 4,932 
Impairment charge— (966,682)— (966,682)
Balance as of June 30, 2026$836,919 $85,705 $7,190 $929,814 
Gross balance as of June 30, 2026$1,036,223 $2,022,159 $7,190 $3,065,572 
Accumulated impairment losses(199,304)(1,936,454)— (2,135,758)
Net balance as of June 30, 2026$836,919 $85,705 $7,190 $929,814 
Schedule of Other Finite-lived Intangible Assets
Other intangible assets consisted of the following:
(in thousands)As of 
June 30, 
2026
As of 
December 31, 
2025
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships$714,950 $1,025,844 
Customer lists and advertiser relationships216,295 216,622 
Other143,254 138,053 
Total carrying amount1,074,499 1,380,519 
Accumulated amortization:
Television network affiliation relationships(259,581)(362,580)
Customer lists and advertiser relationships(184,418)(174,261)
Other(89,254)(90,417)
Total accumulated amortization(533,253)(627,258)
Net amortizable intangible assets541,246 753,261 
Indefinite-lived intangible assets — FCC licenses782,416 764,515 
Total other intangible assets$1,323,662 $1,517,776 
Schedule of Indefinite-lived Intangible Assets
Other intangible assets consisted of the following:
(in thousands)As of 
June 30, 
2026
As of 
December 31, 
2025
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships$714,950 $1,025,844 
Customer lists and advertiser relationships216,295 216,622 
Other143,254 138,053 
Total carrying amount1,074,499 1,380,519 
Accumulated amortization:
Television network affiliation relationships(259,581)(362,580)
Customer lists and advertiser relationships(184,418)(174,261)
Other(89,254)(90,417)
Total accumulated amortization(533,253)(627,258)
Net amortizable intangible assets541,246 753,261 
Indefinite-lived intangible assets — FCC licenses782,416 764,515 
Total other intangible assets$1,323,662 $1,517,776