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v3.26.1

Segment Information - Schedule of Business Segments (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2026 | Jun. 30, 2025 | Jun. 30, 2026 | Jun. 30, 2025
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | $ 490,401 | $ 540,080 | $ 1,007,269 | $ 1,064,473
Operating income (loss) | (1,157,539) | 76,604 | (1,132,774) | 104,079
Restructuring costs | (35,840) | (613) | (36,484) | (4,757)
Depreciation and amortization of intangible assets | (35,061) | (37,198) | (70,408) | (75,658)
Impairment of goodwill and other intangible assets | (1,135,825) | 0 | (1,135,825) | 0
Gains (losses), net on disposal of property and equipment | (59) | 31,410 | 450 | 31,488
Interest expense | (54,110) | (58,653) | (111,068) | (102,403)
Loss on extinguishment of debt | (913) | (2,972) | (913) | (2,972)
Other financing transaction costs | 0 | (38,071) | 0 | (38,071)
Defined benefit pension plan expense | (734) | (337) | (1,467) | (675)
Gains (losses) from sale of business | 8,872 | 0 | 38,881 | 0
Miscellaneous, net | (3,843) | (1,683) | (5,374) | (1,527)
Loss from operations before income taxes | (1,208,267) | (25,112) | (1,212,715) | (41,569)
Local Media |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Employee compensation and benefits | 100,863 | 104,315 | 205,163 | 209,484
Programming | 116,306 | 129,153 | 258,943 | 268,850
Other segment items | 43,545 | 45,477 | 91,555 | 91,081
Operating income (loss) | 55,810 | 55,821 | 102,501 | 90,740
Scripps Networks |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Employee compensation and benefits | 19,726 | 21,956 | 42,300 | 42,829
Programming | 87,196 | 88,837 | 158,233 | 165,247
Other segment items | 39,474 | 39,024 | 75,624 | 75,655
Operating income (loss) | 25,506 | 55,948 | 71,772 | 120,041
Operating Segments Excluding Intersegment Eliminations |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | 484,543 | 535,837 | 997,748 | 1,054,550
Operating Segments Excluding Intersegment Eliminations | Local Media |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | 312,641 | 330,072 | 649,819 | 650,778
Operating Segments Excluding Intersegment Eliminations | Scripps Networks |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | 171,902 | 205,765 | 347,929 | 403,772
Operating segments |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | 488,426 | 540,531 | 1,006,091 | 1,063,927
Operating income (loss) | 81,316 | 111,769 | 174,273 | 210,781
Operating segments | Local Media |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | 316,524 | 334,766 | 658,162 | 660,155
Operating segments | Scripps Networks |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | 171,902 | 205,765 | 347,929 | 403,772
Operating segments | Other |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | 5,858 | 4,243 | 9,521 | 9,923
Operating income (loss) | (4,539) | (6,979) | (10,615) | (13,384)
Intersegment eliminations |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | (3,883) | (4,694) | (8,343) | (9,377)
Intersegment eliminations | Local Media |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | (3,883) | (4,694) | (8,343) | (9,377)
Intersegment eliminations | Scripps Networks |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Total operating revenues | 0 | 0 | 0 | 0
Shared services and corporate |  |  |  |
Segment Reporting [Line Items] |  |  |  |
Shared services and corporate | $ (27,531) | $ (21,785) | $ (54,165) | $ (44,391)

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