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Note 14 - Segment Information - Segment Information (Details) - USD ($) $ in Millions |  | 12 Months Ended
--- | --- | ---
Jun. 04, 2024 | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Revenue (less agency commissions) |  |  | $ 3,644 |  | $ 3,281 |  | $ 3,676 |
Payroll and employee benefits |  |  | 971 | [1] | 940 | [2] | 869 | [2]
Network affiliation fees |  |  | 932 |  | 937 |  | 903 |
Programming |  |  | 128 | [1] | 123 | [2] | 124 | [2]
Depreciation and amortization |  |  | 269 | [1] | 339 | [2] | 336 | [2]
Other segment items | [3] |  | 493 | [1] | 516 | [2] | 454 | [2]
Segment operating income (loss) |  |  | 851 |  | 383 |  | 990 |
Other income (expense): |  |  |  |  |  |  |  |
Miscellaneous income (expense), net |  |  | 117 |  | 7 |  | (4) |
Impairment of investments |  |  | (25) |  | (29) |  | (18) |
Interest expense |  |  | (485) |  | (440) |  | (354) |
Gain on early extinguishment of debt |  | $ 10 | 34 |  | (3) |  | 0 |
Income before income tax |  |  | 492 |  | (82) |  | 614 |
Capital expenditures (excluding business combinations) |  |  | 143 |  | 348 |  | 436 |
Goodwill |  |  | 2,642 |  | 2,643 |  | 2,663 |
Investments in broadcasting and technology companies |  |  | 66 |  | 85 |  | 105 |
Total assets |  |  | 10,542 |  | 10,640 |  | 11,152 |
Revenue (less agency commissions) |  |  | 3,644 |  | 3,281 |  | 3,676 |
Payroll and employee benefits |  |  | 971 | [1] | 940 | [2] | 869 | [2]
Network affiliation fees |  |  | 932 |  | 937 |  | 903 |
Programming |  |  | 128 | [1] | 123 | [2] | 124 | [2]
Depreciation and amortization |  |  | 269 | [1] | 339 | [2] | 336 | [2]
Goodwill and Intangible Asset Impairment |  |  | 0 |  | 43 | [2] | 0 |
Other segment items | [3] |  | 493 | [1] | 516 | [2] | 454 | [2]
Segment operating income (loss) |  |  | 851 |  | 383 |  | 990 |
Loss on early extinguishment of debt |  | $ 10 | 34 |  | (3) |  | 0 |
Capital expenditures (excluding business combinations) |  |  |  |  | 348 |  | 436 |
Broadcasting, Segment [Member] |  |  |  |  |  |  |  |
Revenue (less agency commissions) |  |  | 3,539 |  | 3,195 |  | 3,583 |
Other income (expense): |  |  |  |  |  |  |  |
Revenue (less agency commissions) |  |  | 3,539 |  | 3,195 |  | 3,583 |
Production Companies, Segment [Member] |  |  |  |  |  |  |  |
Revenue (less agency commissions) |  |  | 105 |  | 86 |  | 93 |
Other income (expense): |  |  |  |  |  |  |  |
Revenue (less agency commissions) |  |  | 105 |  | 86 |  | 93 |
Other Operating Segment [Member] |  |  |  |  |  |  |  |
Revenue (less agency commissions) |  |  | 0 |  | 0 |  | 0 |
Payroll and employee benefits |  |  | 55 | [1] | 54 | [2] | 50 | [2]
Network affiliation fees |  |  | 0 |  | 0 |  | 0 |
Programming |  |  | 0 | [1] | 0 | [2] | 0 | [2]
Depreciation and amortization |  |  | 2 | [1] | 4 | [2] | 3 | [2]
Other segment items | [3] |  | 49 | [1] | 58 | [2] | 54 | [2]
Segment operating income (loss) |  |  | (106) |  | (116) |  | (107) |
Other income (expense): |  |  |  |  |  |  |  |
Capital expenditures (excluding business combinations) |  |  | 0 |  |  |  |  |
Goodwill |  |  | 0 |  | 0 |  | 0 |
Investments in broadcasting and technology companies |  |  | 13 |  | 13 |  | 13 |
Total assets |  |  | 225 |  | 85 |  | 173 |
Revenue (less agency commissions) |  |  | 0 |  | 0 |  | 0 |
Payroll and employee benefits |  |  | 55 | [1] | 54 | [2] | 50 | [2]
Network affiliation fees |  |  | 0 |  | 0 |  | 0 |
Programming |  |  | 0 | [1] | 0 | [2] | 0 | [2]
Depreciation and amortization |  |  | 2 | [1] | 4 | [2] | 3 | [2]
Goodwill and Intangible Asset Impairment | [2] |  |  |  | 0 |  |  |
Other segment items | [3] |  | 49 | [1] | 58 | [2] | 54 | [2]
Segment operating income (loss) |  |  | (106) |  | (116) |  | (107) |
Capital expenditures (excluding business combinations) |  |  |  |  | 1 |  | 6 |
Operating Segments [Member] | Broadcasting, Segment [Member] |  |  |  |  |  |  |  |
Revenue (less agency commissions) |  |  | 3,539 |  | 3,195 |  | 3,583 |
Payroll and employee benefits |  |  | 892 | [1] | 865 | [2] | 799 | [2]
Network affiliation fees |  |  | 932 |  | 937 |  | 903 |
Programming |  |  | 108 | [1] | 98 | [2] | 98 | [2]
Depreciation and amortization |  |  | 248 | [1] | 322 | [2] | 321 | [2]
Other segment items | [3] |  | 403 | [1] | 386 | [2] | 363 | [2]
Segment operating income (loss) |  |  | 956 |  | 587 |  | 1,099 |
Other income (expense): |  |  |  |  |  |  |  |
Capital expenditures (excluding business combinations) |  |  | 97 |  |  |  |  |
Goodwill |  |  | 2,614 |  | 2,615 |  | 2,618 |
Investments in broadcasting and technology companies |  |  | 49 |  | 68 |  | 86 |
Total assets |  |  | 9,636 |  | 9,897 |  | 10,444 |
Revenue (less agency commissions) |  |  | 3,539 |  | 3,195 |  | 3,583 |
Payroll and employee benefits |  |  | 892 | [1] | 865 | [2] | 799 | [2]
Network affiliation fees |  |  | 932 |  | 937 |  | 903 |
Programming |  |  | 108 | [1] | 98 | [2] | 98 | [2]
Depreciation and amortization |  |  | 248 | [1] | 322 | [2] | 321 | [2]
Goodwill and Intangible Asset Impairment | [2] |  |  |  | 0 |  |  |
Other segment items | [3] |  | 403 | [1] | 386 | [2] | 363 | [2]
Segment operating income (loss) |  |  | 956 |  | 587 |  | 1,099 |
Capital expenditures (excluding business combinations) |  |  |  |  | 107 |  | 163 |
Operating Segments [Member] | Production Companies, Segment [Member] |  |  |  |  |  |  |  |
Revenue (less agency commissions) |  |  | 105 |  | 86 |  | 93 |
Payroll and employee benefits |  |  | 24 | [1] | 21 | [2] | 20 | [2]
Network affiliation fees |  |  | 0 |  | 0 |  | 0 |
Programming |  |  | 20 | [1] | 25 | [2] | 26 | [2]
Depreciation and amortization |  |  | 19 | [1] | 13 | [2] | 12 | [2]
Other segment items | [3] |  | 41 | [1] | 72 | [2] | 37 | [2]
Segment operating income (loss) |  |  | 1 |  | (88) |  | (2) |
Other income (expense): |  |  |  |  |  |  |  |
Capital expenditures (excluding business combinations) |  |  | 46 |  |  |  |  |
Goodwill |  |  | 28 |  | 28 |  | 45 |
Investments in broadcasting and technology companies |  |  | 4 |  | 4 |  | 6 |
Total assets |  |  | 681 |  | 658 |  | 535 |
Revenue (less agency commissions) |  |  | 105 |  | 86 |  | 93 |
Payroll and employee benefits |  |  | 24 | [1] | 21 | [2] | 20 | [2]
Network affiliation fees |  |  | 0 |  | 0 |  | 0 |
Programming |  |  | 20 | [1] | 25 | [2] | 26 | [2]
Depreciation and amortization |  |  | 19 | [1] | 13 | [2] | 12 | [2]
Goodwill and Intangible Asset Impairment | [2] |  |  |  | 43 |  |  |
Other segment items | [3] |  | 41 | [1] | 72 | [2] | 37 | [2]
Segment operating income (loss) |  |  | $ 1 |  | (88) |  | (2) |
Capital expenditures (excluding business combinations) |  |  |  |  | $ 240 |  | $ 267 |
[1] | The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
[2] | The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
[3] | Other segment items for each reportable segment includes; (gain) loss on disposal of assets, professional services expense, repairs and maintenance expense, occupancy expense (including property tax expense), and certain overhead expenses.

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