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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract] |
Goodwill | Goodwill consisted of the following:
(in thousands) |  | Local Media |  | Scripps Networks |  | Other |  | Total
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 |
Sale of television stations in Gray swap |  | (26,770) |  |  | — |  |  | — |  |  | (26,770) |
Acquired television stations from Gray swap |  | 4,932 |  |  | — |  |  | — |  |  | 4,932 |
Impairment charge |  | — |  |  | (966,682) |  |  | — |  |  | (966,682) |
Balance as of June 30, 2026 |  | $ | 836,919 |  |  | $ | 85,705 |  |  | $ | 7,190 |  |  | $ | 929,814 |
Gross balance as of June 30, 2026 |  | $ | 1,036,223 |  |  | $ | 2,022,159 |  |  | $ | 7,190 |  |  | $ | 3,065,572 |
Accumulated impairment losses |  | (199,304) |  |  | (1,936,454) |  |  | — |  |  | (2,135,758) |
Net balance as of June 30, 2026 |  | $ | 836,919 |  |  | $ | 85,705 |  |  | $ | 7,190 |  |  | $ | 929,814 |
Schedule of Other Finite-lived Intangible Assets | Other intangible assets consisted of the following:
(in thousands) |  | As of June 30, 2026 |  | As of December 31, 2025
Amortizable intangible assets: |  |  |  |
Carrying amount: |  |  |  |
Television network affiliation relationships |  | $ | 714,950 |  |  | $ | 1,025,844 |
Customer lists and advertiser relationships |  | 216,295 |  |  | 216,622 |
Other |  | 143,254 |  |  | 138,053 |
Total carrying amount |  | 1,074,499 |  |  | 1,380,519 |
Accumulated amortization: |  |  |  |
Television network affiliation relationships |  | (259,581) |  |  | (362,580) |
Customer lists and advertiser relationships |  | (184,418) |  |  | (174,261) |
Other |  | (89,254) |  |  | (90,417) |
Total accumulated amortization |  | (533,253) |  |  | (627,258) |
Net amortizable intangible assets |  | 541,246 |  |  | 753,261 |
Indefinite-lived intangible assets — FCC licenses |  | 782,416 |  |  | 764,515 |
Total other intangible assets |  | $ | 1,323,662 |  |  | $ | 1,517,776 |
Schedule of Indefinite-lived Intangible Assets | Other intangible assets consisted of the following:
(in thousands) |  | As of June 30, 2026 |  | As of December 31, 2025
Amortizable intangible assets: |  |  |  |
Carrying amount: |  |  |  |
Television network affiliation relationships |  | $ | 714,950 |  |  | $ | 1,025,844 |
Customer lists and advertiser relationships |  | 216,295 |  |  | 216,622 |
Other |  | 143,254 |  |  | 138,053 |
Total carrying amount |  | 1,074,499 |  |  | 1,380,519 |
Accumulated amortization: |  |  |  |
Television network affiliation relationships |  | (259,581) |  |  | (362,580) |
Customer lists and advertiser relationships |  | (184,418) |  |  | (174,261) |
Other |  | (89,254) |  |  | (90,417) |
Total accumulated amortization |  | (533,253) |  |  | (627,258) |
Net amortizable intangible assets |  | 541,246 |  |  | 753,261 |
Indefinite-lived intangible assets — FCC licenses |  | 782,416 |  |  | 764,515 |
Total other intangible assets |  | $ | 1,323,662 |  |  | $ | 1,517,776 |

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