v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets, Net
Goodwill and intangible assets, net are as follows:
December 31,
20252024
(In thousands)
Goodwill$1,508,030 $1,502,406 
Intangible assets with indefinite lives286,151 286,151 
Intangible assets with definite lives, net of accumulated amortization108,230 192,937 
Total goodwill and intangible assets, net$1,902,411 $1,981,494 
Schedule of Goodwill by Reporting Unit
The following table presents the balance of goodwill by reportable segment, including the changes in the carrying value of goodwill and accumulated impairment losses, for the year ended December 31, 2025:
Balance at December 31, 2024AdditionsBalance at December 31, 2025Accumulated Impairment Losses at December 31, 2025
(In thousands)
People Inc.
Digital$1,497,642 $5,624 $1,503,266 $(198,329)
Total People Inc.1,497,642 5,624 1,503,266 (198,329)
Emerging & Other4,764 — 4,764 — 
Total$1,502,406 $5,624 $1,508,030 $(198,329)
The following table presents the balance of goodwill by reportable segment, including the changes in the carrying value of goodwill and accumulated impairment losses, for the year ended December 31, 2024:
Balance at
December 31, 2023
DeductionsBalance at
December 31, 2024
Accumulated
Impairment Losses at
December 31, 2024
(In thousands)
People Inc.
Digital$1,497,642 $— $1,497,642 $(198,329)
Total People Inc.1,497,642 — 1,497,642 (198,329)
Emerging & Other149,345 (144,581)4,764 — 
Total$1,646,987 $(144,581)$1,502,406 $(198,329)
Schedule of Intangible Assets with Definite Lives
At December 31, 2025 and 2024, intangible assets with definite lives are as follows:
December 31, 2025
Gross
Carrying
Amount
Accumulated
Amortization
NetWeighted-Average
Useful Life
(In thousands)(Years)
Advertiser relationships$298,400 $(259,647)$38,753 5.0
Licensee relationships171,000 (143,895)27,105 4.9
Trade names134,921 (93,511)41,410 8.4
Content104,939 (104,939)— 2.9
Technology34,265 (34,265)— 2.1
Professional relationships1,100 (138)962 2.0
Total$744,625 $(636,395)$108,230 5.2
December 31, 2024
Gross
Carrying
Amount
Accumulated
Amortization
NetWeighted-Average
Useful Life
(In thousands)(Years)
Advertiser relationships$297,000 $(211,694)$85,306 5.0
Licensee relationships171,000 (123,115)47,885 4.9
Trade names132,918 (73,172)59,746 8.5
Content104,939 (104,939)— 2.9
Technology64,600 (64,600)— 2.1
Total$770,457 $(577,520)$192,937 5.0
Schedule of Expected Amortization of Intangible Assets
At December 31, 2025, amortization of intangible assets with definite lives for each of the next five years and thereafter is estimated to be as follows:
Year Ending December 31,(In thousands)
2026$71,391 
202713,550 
20283,686 
20293,686 
20302,868 
Thereafter13,049 
Total
$108,230