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Commitments and Contingencies
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
(18)
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, 2024, future minimum payments for the next five years and thereafter are summarized as follows:

 

2025

 

$

24,860,934

 

2026

 

 

7,928,829

 

2027

 

 

7,166,667

 

2028

 

 

7,418,334

 

2029

 

 

7,275,000

 

Thereafter

 

 

29,600,000

 

Total

 

$

84,249,764

 

 

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.