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NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 6 Months Ended
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Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Disaggregation of Revenue | The following table presents our revenue disaggregated by type and segment (in millions):
For the three months ended June 30, 2024 | Local Media |  | Tennis |  | Other |  | Eliminations |  | Total
Distribution revenue | $ | 384 |  |  | $ | 51 |  |  | $ | — |  |  | $ | — |  |  | $ | 435 |
Core advertising revenue | 285 |  |  | 14 |  |  | 9 |  |  | (5) |  |  | 303 |
Political advertising revenue | 40 |  |  | — |  |  | — |  |  | — |  |  | 40 |
Other media, non-media, and intercompany revenues | 41 |  |  | 2 |  |  | 11 |  |  | (3) |  |  | 51 |
Total revenues | $ | 750 |  |  | $ | 67 |  |  | $ | 20 |  |  | $ | (8) |  |  | $ | 829 |
For the six months ended June 30, 2024 | Local Media |  | Tennis |  | Other |  | Eliminations |  | Total
Distribution revenue | $ | 768 |  |  | $ | 103 |  |  | $ | — |  |  | $ | — |  |  | $ | 871 |
Core advertising revenue | 569 |  |  | 24 |  |  | 15 |  |  | (8) |  |  | 600 |
Political advertising revenue | 64 |  |  | — |  |  | — |  |  | — |  |  | 64 |
Other media, non-media, and intercompany revenues | 76 |  |  | 3 |  |  | 20 |  |  | (7) |  |  | 92 |
Total revenues | $ | 1,477 |  |  | $ | 130 |  |  | $ | 35 |  |  | $ | (15) |  |  | $ | 1,627 |
For the three months ended June 30, 2023 | Local Media |  | Tennis |  | Other |  | Eliminations |  | Total
Distribution revenue | $ | 372 |  |  | $ | 46 |  |  | $ | — |  |  | $ | — |  |  | $ | 418 |
Core advertising revenue | 287 |  |  | 14 |  |  | 6 |  |  | (4) |  |  | 303 |
Political advertising revenue | 6 |  |  | — |  |  | — |  |  | — |  |  | 6 |
Other media, non-media, and intercompany revenues | 34 |  |  | — |  |  | 8 |  |  | (1) |  |  | 41 |
Total revenues | $ | 699 |  |  | $ | 60 |  |  | $ | 14 |  |  | $ | (5) |  |  | $ | 768 |
For the six months ended June 30, 2023 | Local Media |  | Tennis |  | Other |  | Eliminations |  | Total
Distribution revenue | $ | 753 |  |  | $ | 91 |  |  | $ | — |  |  | $ | — |  |  | $ | 844 |
Core advertising revenue | 580 |  |  | 23 |  |  | 12 |  |  | (6) |  |  | 609 |
Political advertising revenue | 9 |  |  | — |  |  | — |  |  | — |  |  | 9 |
Other media, non-media, and intercompany revenues | 62 |  |  | 1 |  |  | 19 |  |  | (3) |  |  | 79 |
Total revenues | $ | 1,404 |  |  | $ | 115 |  |  | $ | 31 |  |  | $ | (9) |  |  | $ | 1,541 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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