Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets

Schedule of goodwill and intangible assets

Goodwill and intangible assets consist of the following at December 31, 2020 and 2019 (amounts in thousands):

	December 31,
	2020		2019
Broadcast license	$	41,356	$	41,356
Goodwill		165,597		167,322
Other intangibles		24,761		32,587
Total intangible assets	$	231,714	$	241,265

Summary of the changes in goodwill and other indefinite lived intangible assets

A summary of changes in the Company’s broadcast licenses, goodwill and other indefinite lived intangible assets, on a net basis, for the years ended December 31, 2020 and 2019, is as follows (amounts in thousands):

	Net Balance at						Net Balance at
	December 31, 2019		Additions		Impairment		December 31, 2020
Broadcast licenses	$	41,356	$	—	$	—	$	41,356
Goodwill		167,322		—		(1,725)		165,597
Brands		15,986		—		—		15,986
Other intangibles		700		—		—		700
Total indefinite-lived intangibles	$	225,364	$	—	$	(1,725)	$	223,639

	Net Balance at						Net Balance at
	December 31, 2018		Additions (a)		Impairment		December 31, 2019
Broadcast licenses	$	41,356	$	—	$	—	$	41,356
Goodwill		169,994		(2,672)		—		167,322
Brands		15,986		—		—		15,986
Other intangibles		700		—		—		700
Total indefinite-lived intangibles	$	228,036	$	(2,672)	$	—	$	225,364

(a)As a result of a measurement period adjustment related to the acquisition of Snap.

Summary of the changes in finite lived intangible assets

A summary of the changes in the Company’s finite lived intangible assets for the years ended December 31, 2020 and 2019 is as follows (amounts in thousands):

	Net Balance at								Net Balance at
	December 31, 2019		Additions		Impairment		Amortization		December 31, 2020
Affiliate and customer relationships	$	14,352	$	—	$	(1,059)	$	(5,989)	$	7,304
Advertiser relationships		138		—		—		(138)		—
Non-compete agreement		826		—		—		(497)		329
Programming contracts		517		—		—		(90)		427
Other intangibles		68		—		—		(53)		15
Total finite-lived intangibles	$	15,901	$	—	$	(1,059)	$	(6,767)	$	8,075

	Net Balance at								Net Balance at
	December 31, 2018		Additions		Impairment		Amortization		December 31, 2019
Affiliate and customer relationships	$	20,273	$	1,668	$	—	$	(7,589)	$	14,352
Advertiser relationships		690		—		—		(552)		138
Non-compete agreement		686		1,078		—		(938)		826
Programming contracts		607		—		—		(90)		517
Other intangibles		144		—		—		(76)		68
Total finite-lived intangibles	$	22,400	$	2,746	$	—	$	(9,245)	$	15,901

Schedule of future estimated amortization expense

Year Ending December 31,	Amount
2021	$	6,210
2022		1,550
2023		112
2024		112
2025 and thereafter		91
	$	8,075