| Intangible Asset, Indefinite-Lived |
The gross carrying amount and accumulated amortization of the Company’s intangible assets as of June 30, 2026 and December 31, 2025 are as follows (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Indefinite-Lived | | Definite-Lived | | Total | | Gross Carrying Amount | | Broadcast licenses | | Trademarks | | Affiliate and producer relationships | | | | Tower income contracts | | | | | Balance as of December 31, 2025 | | $ | 407,908 | | | $ | 15,535 | | | $ | 145,000 | | | | | $ | 13,472 | | | | | $ | 581,915 | | | | | | | | | | | | | | | | | | Assets held for sale | | (757) | | | (41) | | | — | | | | | (52) | | | | | (850) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance as of June 30, 2026 | | $ | 407,151 | | | $ | 15,494 | | | $ | 145,000 | | | | | $ | 13,420 | | | | | $ | 581,065 | | | | | | | | | | | | | | | | | | Accumulated Amortization | | | | | | | | | | | | | | | Balance as of December 31, 2025 | | $ | — | | | $ | — | | | $ | (102,872) | | | | | $ | (11,353) | | | | | $ | (114,225) | | | Amortization expense | | — | | | — | | | (7,408) | | | | | (749) | | | | | (8,157) | | | Assets held for sale | | — | | | — | | | — | | | | | 46 | | | | | 46 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance as of June 30, 2026 | | $ | — | | | $ | — | | | $ | (110,280) | | | | | $ | (12,056) | | | | | $ | (122,336) | | Net Book Value as of June 30, 2026 | | $ | 407,151 | | | $ | 15,494 | | | $ | 34,720 | | | | | $ | 1,364 | | | | | $ | 458,729 | |
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| Intangible Asset, Finite-Lived |
The gross carrying amount and accumulated amortization of the Company’s intangible assets as of June 30, 2026 and December 31, 2025 are as follows (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Indefinite-Lived | | Definite-Lived | | Total | | Gross Carrying Amount | | Broadcast licenses | | Trademarks | | Affiliate and producer relationships | | | | Tower income contracts | | | | | Balance as of December 31, 2025 | | $ | 407,908 | | | $ | 15,535 | | | $ | 145,000 | | | | | $ | 13,472 | | | | | $ | 581,915 | | | | | | | | | | | | | | | | | | Assets held for sale | | (757) | | | (41) | | | — | | | | | (52) | | | | | (850) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance as of June 30, 2026 | | $ | 407,151 | | | $ | 15,494 | | | $ | 145,000 | | | | | $ | 13,420 | | | | | $ | 581,065 | | | | | | | | | | | | | | | | | | Accumulated Amortization | | | | | | | | | | | | | | | Balance as of December 31, 2025 | | $ | — | | | $ | — | | | $ | (102,872) | | | | | $ | (11,353) | | | | | $ | (114,225) | | | Amortization expense | | — | | | — | | | (7,408) | | | | | (749) | | | | | (8,157) | | | Assets held for sale | | — | | | — | | | — | | | | | 46 | | | | | 46 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance as of June 30, 2026 | | $ | — | | | $ | — | | | $ | (110,280) | | | | | $ | (12,056) | | | | | $ | (122,336) | | Net Book Value as of June 30, 2026 | | $ | 407,151 | | | $ | 15,494 | | | $ | 34,720 | | | | | $ | 1,364 | | | | | $ | 458,729 | |
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