INTANGIBLE ASSETS AND GOODWILL (Tables)
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12 Months Ended |
Dec. 31, 2022 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of the Changes in Broadcasting License |
The following table presents the changes in the carrying value of broadcasting licenses. Refer to Note 3, Business Combinations, and Note 22, Assets Held For Sale, for additional information. | | | | | | | | | | | | | Broadcasting Licenses Carrying Amount | | December 31,
2022 | | December 31,
2021 | | (amounts in thousands) | | Broadcasting licenses balance as of January 1, | $ | 2,251,546 | | | $ | 2,229,016 | | | Disposition of radio stations (see Note 3) | (4,377) | | | — | | | Acquisitions (see Note 3) | 2,002 | | | 23,233 | | | Loss on impairment (See Note 14) | (159,089) | | | — | | | Assets held for sale (see Note 22) | (856) | | | (703) | | | Ending period balance | $ | 2,089,226 | | | $ | 2,251,546 | |
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| Schedule of Changes in Goodwill |
The following table presents the changes in goodwill. Refer to Note 3, Business Combinations, for additional information. | | | | | | | | | | | | | Goodwill Carrying Amount | | December 31,
2022 | | December 31,
2021 | | (amounts in thousands) | | Goodwill balance before cumulative loss on impairment as of January 1, | $ | 1,062,723 | | | $ | 1,042,762 | | | Accumulated loss on impairment as of January 1, | (980,547) | | | (980,547) | | Goodwill beginning balance after cumulative loss on impairment as of January 1, | 82,176 | | | 62,215 | | | | | | | | | | | Loss on impairment | (18,126) | | | — | | | Acquisitions (see Note 3) | — | | | 20,099 | | | Measurement period adjustments to acquired goodwill | (135) | | | (138) | | | Ending period balance | $ | 63,915 | | | $ | 82,176 | | | Goodwill balance before cumulative loss on impairment as of December 31, | $ | 1,062,588 | | | $ | 1,062,723 | | | Accumulated loss on impairment as of December 31, | (998,673) | | | (980,547) | | | Goodwill ending balance as of December 31, | $ | 63,915 | | | $ | 82,176 | |
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| Schedule of Assumptions and Estimates for Broadcasting Licenses Impairment Testing |
The following table reflects the estimates and assumptions used in the interim and annual broadcasting licenses impairment assessments of each year. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Estimates And Assumptions | | Fourth Quarter
2022 | | Third Quarter
2022 | | Fourth Quarter
2021 | | Fourth Quarter 2020 | | Third Quarter
2020 | | Second Quarter 2020 | | | | | | Discount rate | 9.50 | % | | 9.50 | % | | 8.50 | % | | 8.50 | % | | 7.50 | % | | 8.00 | % | | | | | | Operating profit margin ranges for average stations in markets where the Company operates | 18% to 33% | | 20% to 33% | | 20% to 33% | | 20% to 36% | | 24% to 36% | | 22% to 36% | | | | | | Forecasted growth rate (including long-term growth rate) range of the Company's markets | 0.0% to 0.6% | | 0.0% to 0.6% | | 0.0% to 0.6% | | 0.0% to 0.6% | | 0.0% to 0.7% | | 0.0% to 0.8% | | | | |
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| Schedule of Assumptions and Estimates for Goodwill Impairment Testing |
The following table reflects the estimates and assumptions used in the interim and annual goodwill impairment assessments of each year: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Estimates And Assumptions | | | | Fourth Quarter 2022 | | Third Quarter 2022 | | Fourth Quarter 2021 | | Fourth Quarter 2020 | | | | Discount rate - podcast reporting unit | | | 11.0 | % | | 11.0 | % | | 9.5 | % | | not applicable | | | | Discount rate - QLGG reporting unit | | | not applicable | | 13.0 | % | | 12.0 | % | | not applicable | | |
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