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Unfavorable Contracts Liability (Tables)
12 Months Ended
Dec. 31, 2019
Unfavorable Contracts Liability [Abstract]  
Summary of Unfavorable Contracts Liability Activity

 

The Company’s Unfavorable contracts liability activity for the year ended December 31, 2019 is as follows (in thousands):

 

December 31, 2018

 

$

18,885

 

Amortization into Wholesale revenue (1)

 

 

(1,358

)

Amortization into Affiliate revenue share (2)

 

 

(17,527

)

December 31, 2019

 

$

 

 

(1)

Amount represents the amortization of the Unfavorable contracts liability related to the remaining affiliate agreements into Wholesale revenue in the Consolidated and Combined Statements of (Loss) Income.

 

(2)

Amount represents the amortization of the Unfavorable contracts liability related to the converted McClatchy, tronc and Washington Post affiliate agreements into Affiliate revenue share within Operating expenses in the Consolidated and Combined Statements of (Loss) Income.