XML 55 R39.htm IDEA: XBRL DOCUMENT v3.25.4
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill By Business Segment
Goodwill by segment was as follows:
(in thousands)Local MediaScripps NetworksOtherTotal
Gross balance as of December 31, 2022$1,122,408 $2,028,890 $7,190 $3,158,488 
Accumulated impairment losses(216,914)(21,000)— (237,914)
Net balance as of December 31, 2022905,494 2,007,890 7,190 2,920,574 
Impairment charge— (952,000)— (952,000)
Balance as of December 31, 2023$905,494 $1,055,890 $7,190 $1,968,574 
 
Gross balance as of December 31, 2023$1,122,408 $2,028,890 $7,190 $3,158,488 
Accumulated impairment losses(216,914)(973,000)— (1,189,914)
Net balance as of December 31, 2024$905,494 $1,055,890 $7,190 $1,968,574 
Gross balance as of December 31, 2024$1,122,408 $2,028,890 $7,190 $3,158,488 
Accumulated impairment losses(216,914)(973,000)— (1,189,914)
Net balance as of December 31, 2024905,494 1,055,890 7,190 1,968,574 
Goodwill allocated to assets held for sale(46,737)(3,503)— (50,240)
Balance as of December 31, 2025$858,757 $1,052,387 $7,190 $1,918,334 
Gross balance as of December 31, 2025$1,064,474 $2,022,159 $7,190 $3,093,823 
Accumulated impairment losses(205,717)(969,772)— (1,175,489)
Net balance as of December 31, 2025$858,757 $1,052,387 $7,190 $1,918,334 
Schedule of Other Finite-lived Intangible Assets
Other intangible assets consisted of the following:
As of December 31,
(in thousands)20252024
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships$1,025,844 $1,060,244 
Customer lists and advertiser relationships216,622 220,997 
Other138,053 137,997 
Total carrying amount1,380,519 1,419,238 
Accumulated amortization:
Television network affiliation relationships(362,580)(330,233)
Customer lists and advertiser relationships(174,261)(156,310)
Other(90,417)(76,622)
Total accumulated amortization(627,258)(563,165)
Net amortizable intangible assets753,261 856,073 
Indefinite-lived intangible assets — FCC licenses764,515 779,415 
Total other intangible assets$1,517,776 $1,635,488 
Schedule of Other Indefinite-lived Intangible Assets
Other intangible assets consisted of the following:
As of December 31,
(in thousands)20252024
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships$1,025,844 $1,060,244 
Customer lists and advertiser relationships216,622 220,997 
Other138,053 137,997 
Total carrying amount1,380,519 1,419,238 
Accumulated amortization:
Television network affiliation relationships(362,580)(330,233)
Customer lists and advertiser relationships(174,261)(156,310)
Other(90,417)(76,622)
Total accumulated amortization(627,258)(563,165)
Net amortizable intangible assets753,261 856,073 
Indefinite-lived intangible assets — FCC licenses764,515 779,415 
Total other intangible assets$1,517,776 $1,635,488