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Goodwill and intangible assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets Goodwill and intangible assets consisted of the following:
December 31, 2024
December 31, 2023
In thousands
Gross
carrying
amount
Accumulated
amortization
Net
carrying
amount
Gross
carrying
amount
Accumulated
amortization
Net
carrying
amount
Finite-lived intangible assets:
Advertiser relationships
$445,356
$279,176
$166,180
$446,609
$236,168
$210,441
Other customer relationships
89,106
59,198
29,908
101,819
56,601
45,218
Subscriber relationships
250,820
183,895
66,925
251,099
155,528
95,571
Other intangible assets
66,870
66,212
658
68,780
62,536
6,244
Sub-total
$852,152
$588,481
$263,671
$868,307
$510,833
$357,474
Indefinite-lived intangible assets:
Mastheads
166,703
166,876
Total intangible assets
$430,374
$524,350
Goodwill
$530,028
$533,876
Schedule of the Change in Net Goodwill Changes in the carrying amount of Goodwill by segment are as follows:
In thousands
Domestic Gannett
Media
Newsquest
Digital Marketing
Solutions
Total
Balance at December 31, 2022
$401,106
$14,589
$117,471
$533,166
Acquisitions
30
30
Divestitures
(46)
(82)
(128)
Foreign exchange
(3)
811
808
Balance at December 31, 2023
$401,057
$15,348
$117,471
$533,876
Divestitures
(3,662)
(3,662)
Foreign exchange
13
(199)
(186)
Balance at December 31, 2024
$397,408
$15,149
$117,471
$530,028