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Intangible Assets, Net and Goodwill (Tables)
 9 Months Ended
Sep. 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
September 30, 2023December 31, 2022
Customer Relationships6.7$17,325 $17,325 
Digital Networks14.5803 3,537 
Trade Names67.710,360 11,783 
Technology–– 293 
Other Intangible Assets (a)–– 325 
Intangible Assets, Gross28,488 33,263 
Less Accumulated Amortization(3,268)(2,398)
Foreign Currency Translation Adjustment(1,635)(1,698)
Intangible Assets, Net$23,585 $29,167 
_______________________
(a)Represents the logo and website intangible assets related to the merger with A Squared that has been fully amortized during the nine months ended September 30, 2023.
Summary of Expected Future Intangible Asset Amortization
Expected future amortization of intangible assets subject to amortization as of September 30, 2023 is as follows (in thousands):
Fiscal Year:
2023516 
20242,064 
20252,064 
20262,064 
20272,064 
Thereafter8,858 
Total$17,630 
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 Adjustment49 – 49 
Goodwill as of September 30, 2023$20,569 $– $20,569