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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Carrying Amount of Goodwill | The carrying amount of goodwill for each of the Company’s operating segments for the years ended December 31, 2024 and 2023 is as follows (in thousands):
|  | December 31, |  |  | Additions From |  |  | December 31, |  |  |  |  |  | December 31, |
|  | 2022 |  |  | Acquisitions |  |  | 2023 |  |  | Impairment |  |  | 2024 |
Media |  | $ | 43,322 |  |  | $ | — |  |  | $ | 43,322 |  |  | $ | (43,322 | ) |  | $ | — |
Advertising Technology & Services |  |  | 3,872 |  |  |  | 3,480 |  |  |  | 7,352 |  |  |  | — |  |  |  | 7,352 |
Consolidated |  | $ | 47,194 |  |  | $ | 3,480 |  |  | $ | 50,674 |  |  | $ | (43,322 | ) |  | $ | 7,352 |
Composition of Company's Acquired Intangible Assets and Associated Accumulated Amortization | The composition of the Company’s acquired intangible assets and the associated accumulated amortization as of December 31, 2024 and 2023 is as follows (in thousands):
|  |  |  |  | 2024 |  |  | 2023 |
|  | Weighted average remaining life in years |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Intangible assets subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Television network affiliation agreements |  |  | 3 |  |  | $ | 60,043 |  |  | $ | (56,933 | ) |  | $ | 3,110 |  |  | $ | 60,043 |  |  | $ | (55,845 | ) |  | $ | 4,198 |
Customer base |  |  | 1 |  |  |  | 4,890 |  |  |  | (3,865 | ) |  |  | 1,025 |  |  |  | 4,890 |  |  |  | (2,509 | ) |  |  | 2,381 |
Other |  |  | 26 |  |  |  | 1,814 |  |  |  | (1,532 | ) |  |  | 282 |  |  |  | 1,814 |  |  |  | (1,293 | ) |  |  | 521 |
Total assets subject to amortization: |  |  |  |  | $ | 66,747 |  |  | $ | (62,330 | ) |  | $ | 4,417 |  |  | $ | 66,747 |  |  | $ | (59,647 | ) |  | $ | 7,100 |
Intangible assets not subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FCC licenses and spectrum usage rights |  |  |  |  |  |  |  |  |  |  |  | 177,276 |  |  |  |  |  |  |  |  |  | 195,174 |
Total intangible assets |  |  |  |  |  |  |  |  |  |  | $ | 181,693 |  |  |  |  |  |  |  |  | $ | 202,274 |
Estimated Amortization Expense | Estimated amortization expense for the next five years and thereafter is as f ollows (in thousands):
Estimated Amortization Expense |  | Amount |
2025 |  | $ | 1,819 |
2026 |  |  | 1,401 |
2027 |  |  | 171 |
2028 |  |  | 171 |
2029 |  |  | 171 |
Thereafter |  |  | 684 |
Total |  | $ | 4,417 |

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