Goodwill and intangible assets

6 Months Ended

Jun. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 4 — Goodwill and intangible assets

Goodwill and intangible assets consisted of the following:


	June 30, 2025						December 31, 2024
In thousands	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Finite-lived intangible assets:
Advertiser relationships	$	435,226	$	295,713	$	139,513	$	445,356	$	279,176	$	166,180
Other customer relationships	88,636		63,328		25,308		89,106		59,198		29,908
Subscriber relationships	240,278		192,161		48,117		250,820		183,895		66,925
Other intangible assets	66,870		66,765		105		66,870		66,212		658
Sub-total	$	831,010	$	617,967	$	213,043	$	852,152	$	588,481	$	263,671
Indefinite-lived intangible assets:
Mastheads					164,373						166,703
Total intangible assets					$	377,416					$	430,374

Goodwill					$	519,035					$	530,028

The Company performs its annual goodwill and indefinite-lived intangible impairment assessments as of November 30 each year. In addition to the annual impairment test, the Company is required to regularly assess whether a triggering event has occurred under both ASC 350 "Intangibles - Goodwill and Other" ("ASC 350"), and ASC 360 "Property, Plant and Equipment" ("ASC 360"), which would require interim impairment testing.

As of June 30, 2025, the Company performed a review of potential impairment indicators under both ASC 350 and ASC 360, and it was determined that no indicators of impairment were present.