Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets

Schedule of goodwill and intangible assets

Goodwill and intangible assets consist of the following as of March 31, 2021 and December 31, 2020 (amounts in thousands):

	March 31,		December 31,
	2021		2020
Broadcast license	$	41,356	$	41,356
Goodwill		310,082		165,597
Other intangibles		54,017		24,761
Total intangible assets	$	405,455	$	231,714

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

A summary of changes in the Company’s goodwill and other indefinite-lived intangible assets, on a net basis, for the three months ended March 31, 2021 is as follows (amounts in thousands):

	Net Balance at						Net Balance at
	December 31, 2020		Additions		Impairment		March 31, 2021
Broadcast license	$	41,356	$	—	$	—	$	41,356
Goodwill		165,597		144,485		—		310,082
Brands		15,986		—		—		15,986
Other intangibles		700		—		—		700
Total indefinite-lived intangibles	$	223,639	$	144,485	$	—	$	368,124

Summary of the changes in finite lived intangible assets

A summary of the changes in the Company’s other amortizable intangible assets for the three months ended March 31, 2021 is as follows (amounts in thousands):

	Net Balance at						Net Balance at
	December 31, 2020		Additions		Amortization		March 31, 2021
Affiliate and customer relationships	$	7,304	$	—	$	(1,444)	$	5,860
Non-compete agreement		329		—		(90)		239
Programming contracts		427		30,817		(22)		31,222
Other intangibles		15		—		(5)		10
Total finite-lived intangibles	$	8,075	$	30,817	$	(1,561)	$	37,331

Schedule of future estimated amortization expense

Future estimated amortization expense is as follows (amounts in thousands):

Year Ending December 31,	Amount
Remainder of 2021	$	9,649
2022		8,221
2023		6,783
2024		6,783
2025 and thereafter		5,895
Total	$	37,331