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Commitments and Contingencies | 12 Months Ended
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Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract] |
Commitments and Contingencies |
(19) | Commitments and Contingencies
The Company has various commitments for rating services and on-air programming including sports broadcast rights for the Boston Bruins, Boston Celtics, and New England Patriots. As of December 31, 2020, future minimum payments for the next five years and thereafter are summarized as follows:
2021 |  | $ | 24,621,730 |
2022 |  |  | 24,469,796 |
2023 |  |  | 7,457,266 |
2024 |  |  | 6,750,000 |
2025 |  |  | 6,750,000 |
Thereafter |  |  | 34,775,000 |
Total |  | $ | 104,823,792 |
In the normal course of business, the Company is party to various legal matters. The ultimate disposition of these matters will not, in management’s judgment, have a material adverse effect on the Company’s financial position.

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