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Intangible Assets, Net and Goodwill (Tables)
 6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible asset
The Company had the following intangible assets (in thousands) with their weighted average remaining amortization period (in years):
Intangible Assets, Net
Weighted Average Remaining Amortization Period
June 30, 2023December 31, 2022
Customer Relationships7.0$17,325 $17,325 
Digital Networks14.8803 3,537 
Trade Names67.910,360 11,783 
Technology–– 293 
Other Intangible Assets (a)–– 325 
Intangible Assets, Gross28,488 33,263 
Less Accumulated Amortization(2,752)(2,398)
Foreign Currency Translation Adjustment(1,320)(1,698)
Intangible Assets, Net$24,416 $29,167 
_______________________
(a)Represents the remaining unamortized logo and website intangible assets related to the merger with A Squared.
Summary of expected future intangible asset amortization
Expected future amortization of intangible assets subject to amortization as of June 30, 2023 is as follows (in thousands):
Fiscal Year:
20231,051 
20242,098 
20252,098 
20262,098 
20272,098 
Thereafter8,933 
Total$18,376 
Schedule of goodwill
The following table summarizes the changes in the carrying amount of goodwill by reporting unit (in thousands):
Content Production & DistributionMedia Advisory & Advertising Services Total
Goodwill as of December 31, 2022$31,807 $– $31,807 
Goodwill Impairment(11,287)– (11,287)
Foreign Currency Translation Adjustment332 – 332 
Goodwill as of June 30, 2023$20,852 $– $20,852