Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets

Schedule of goodwill and intangible assets

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

	December 31,
	2021		2020
Broadcast license	$	41,356	$	41,356
Goodwill		231,710		165,597
Other intangibles		115,110		24,761
Total intangible assets	$	388,176	$	231,714

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, 2021 and 2020, is as follows (amounts in thousands):

	Net Balance at						Net Balance at
	December 31, 2020		Additions		Impairment		December 31, 2021
Broadcast licenses	$	41,356	$	—	$	—	$	41,356
Goodwill		165,597		66,113		—		231,710
Brands		15,986		—		—		15,986
Other intangibles		700		—		—		700
Total indefinite-lived intangibles	$	223,639	$	66,113	$	—	$	289,752

	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

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, 2021 and 2020 is as follows (amounts in thousands):

	Net Balance at								Net Balance at
	December 31, 2020		Additions		Impairment		Amortization		December 31, 2021
Affiliate and customer relationships	$	7,304	$	57,386	$	—	$	(14,009)	$	50,681
Programming rights		427		29,420		—		(4,866)		24,981
Brand		—		24,607		—		(1,845)		22,762
Non-compete agreement		329		—		—		(329)		—
Other intangibles		15		—		—		(15)		—
Total finite-lived intangibles	$	8,075	$	111,413	$	—	$	(21,064)	$	98,424

	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
Programming rights		517		—		—		(90)		427
Advertiser relationships		138		—		—		(138)		—
Non-compete agreement		826		—		—		(497)		329
Other intangibles		68		—		—		(53)		15
Total finite-lived intangibles	$	15,901	$	—	$	(1,059)	$	(6,767)	$	8,075

Schedule of future estimated amortization expense

Year Ending December 31,	Amount
2022	$	21,356
2023		19,919
2024		19,919
2025		12,521
2026 and thereafter		24,709
Total	$	98,424