Goodwill & Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill, indefinite-lived intangible assets, and amortizable intangible assets

Goodwill and intangible assets consisted of the following:

	September 30, 2020
In thousands	Gross carrying amount		Accumulated amortization		Net carrying amount
Amortized intangible assets(a):
Advertiser relationships	$	496,062	$	111,782	$	384,280
Other customer relationships	112,704		24,561		88,143
Subscriber relationships	265,218		67,469		197,749
Other intangible assets	70,317		23,141		47,176
Total	$	944,301	$	226,953	$	717,348
Non-amortized intangible assets:
Goodwill	$	560,215
Mastheads(a)	176,373
Total	$	736,588
	December 31, 2019
	Gross carrying amount		Accumulated amortization		Net carrying amount
Amortized intangible assets:
Advertiser relationships	$	534,161	$	75,363	$	458,798
Other customer relationships	109,674		14,303		95,371
Subscriber relationships	259,391		44,878		214,513
Other intangible assets	76,552		11,229		65,323
Total	$	979,778	$	145,773	$	834,005
Non-amortized intangible assets:
Goodwill	$	914,331
Mastheads	$	178,559
Total	$	1,092,890

^(a)  Includes measurement period adjustments for the Legacy Gannett and other 2019 acquisitions.

Schedule of goodwill by segments

The balances and changes in the carrying amount of goodwill by segment are as follows:

In thousands	Publishing(a)			Marketing Solutions			Consolidated
Gross balance at December 31, 2019	$	800,606		$	201,646		$	1,002,252
Accumulated impairments	(84,272		)	(3,649		)	(87,921		)
Net balance at December 31, 2019	$	716,334		$	197,997		$	914,331
Activity during the nine months ended September 30, 2020:
Goodwill impairment	$	(321,851	)	$	(40,499	)	$	(362,350	)
Measurement period adjustments	70,558			(58,788		)	11,770
Foreign currency exchange rate changes	(3,536		)	—			(3,536		)
Total	$	(254,829	)	$	(99,287	)	$	(354,116	)
Gross balance at September 30, 2020	$	869,439		$	142,858		$	1,012,297
Accumulated impairments	(407,934		)	(44,148		)	(452,082		)
Net balance at September 30, 2020	$	461,505		$	98,710		$	560,215

^(a) 

The Publishing segment includes the Domestic Publishing and Newsquest reporting units.