v3.24.1

IMPAIRMENT LOSS

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

IMPAIRMENT LOSS

IMPAIRMENT LOSS

The following table presents the various categories of impairment loss:

						Year Ended December 31,
Impairment Loss						2023						2022
						(amounts in thousands)
Broadcasting licenses						$	1,289,499					$	159,089
Goodwill						—						18,126
ROU Asset and other costs related to impairment of leases						14,111						3,328
Investments						1,505						—
Total impairment loss						$	1,305,115					$	180,543

Refer to Note 8, Intangible Assets and Goodwill, and Note 19, Fair Value of Financial Instruments, for additional information on impairment losses recognized.

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- Definition

The entire disclosure for the details of the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value. Disclosure may also include a description of the impaired asset and facts and circumstances leading to the impairment, amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired asset is reported.

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- References

No definition available.

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