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SEGMENT DATA - Segment Financial Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Segment data          
Assets [1] $ 5,670   $ 5,670   $ 5,885
Revenue 784 $ 829 1,560 $ 1,627  
Media programming and production expenses 420 425 838 833  
Media selling, general and administrative expenses 200 194 392 390  
Depreciation of property and equipment and amortization of definite-lived intangibles and other assets 59 63 121 126  
Amortization of program costs 17 18 36 37  
Corporate general and administrative expenses 45 50 97 108  
(Gain) loss on asset dispositions and other, net 9 2 17 2  
Other segment items 13 13 24 25  
Operating income 21 64 35 106  
Interest expense including amortization of debt discount and deferred financing costs 82 76 226 152  
(Loss) income from equity method investments (1) 78 (7) 92  
Gain on extinguishment of debt 4 0 6 1  
Other income (expense), net (18) (42) (84) (2)  
(Loss) income before income taxes (76) 24 (276) 45  
Operating Segments | Local Media          
Segment data          
Assets 4,416   4,416    
Revenue 679 750 1,373 1,477  
Media programming and production expenses 380 382 770 765  
Media selling, general and administrative expenses 162 178 332 361  
Depreciation of property and equipment and amortization of definite-lived intangibles and other assets 54 58 110 116  
Amortization of program costs 17 18 36 37  
Corporate general and administrative expenses 27 29 64 70  
(Gain) loss on asset dispositions and other, net (28) 0 (20) 0  
Other segment items 2 2 4 4  
Operating income 65 83 77 124  
Interest expense including amortization of debt discount and deferred financing costs 82 76 226 152  
(Loss) income from equity method investments 0 0 0 0  
Gain on extinguishment of debt 4   6 1  
Other income (expense), net 3 2 6 33  
Operating Segments | Tennis          
Segment data          
Assets 286   286    
Revenue 68 67 136 130  
Media programming and production expenses 39 43 66 68  
Media selling, general and administrative expenses 15 17 33 29  
Depreciation of property and equipment and amortization of definite-lived intangibles and other assets 5 6 10 11  
Amortization of program costs 0 0 0 0  
Corporate general and administrative expenses 1 0 1 1  
(Gain) loss on asset dispositions and other, net 0 0 0 0  
Other segment items 0 0 0 0  
Operating income 8 1 26 21  
Interest expense including amortization of debt discount and deferred financing costs 0 0 0 0  
(Loss) income from equity method investments (1) 0 (2) (1)  
Gain on extinguishment of debt 0   0 0  
Other income (expense), net 0 0 0 0  
Other & Corporate          
Segment data          
Assets 969   969    
Revenue 46 20 67 35  
Media programming and production expenses 1 0 2 0  
Media selling, general and administrative expenses 31 5 42 10  
Depreciation of property and equipment and amortization of definite-lived intangibles and other assets 0 0 1 1  
Amortization of program costs 0 0 0 0  
Corporate general and administrative expenses 17 21 32 37  
(Gain) loss on asset dispositions and other, net 37 2 37 2  
Other segment items 12 12 21 24  
Operating income (52) (20) (68) (39)  
Interest expense including amortization of debt discount and deferred financing costs 0 0 0 0  
(Loss) income from equity method investments 0 78 (5) 93  
Gain on extinguishment of debt 0   0 0  
Other income (expense), net (21) (44) (90) (35)  
Intersegment revenues 5 3 9 5  
Eliminations          
Segment data          
Assets (1)   (1)    
Revenue (9) (8) (16) (15)  
Media programming and production expenses 0 0 0 0  
Media selling, general and administrative expenses (8) (6) (15) (10)  
Depreciation of property and equipment and amortization of definite-lived intangibles and other assets 0 (1) 0 (2)  
Amortization of program costs 0 0 0 0  
Corporate general and administrative expenses 0 0 0 0  
(Gain) loss on asset dispositions and other, net 0 0 0 0  
Other segment items (1) (1) (1) (3)  
Operating income 0 0 0 0  
Interest expense including amortization of debt discount and deferred financing costs 0 0 0 0  
(Loss) income from equity method investments 0 0 0 0  
Gain on extinguishment of debt 0   0 0  
Other income (expense), net $ 0 $ 0 $ 0 $ 0  
[1] Our consolidated total assets as of June 30, 2025 and December 31, 2024 include total assets of variable interest entities (“VIE”) of $61 million and $70 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of June 30, 2025 and December 31, 2024 include total liabilities of VIEs of $7 million and $16 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 7. Variable Interest Entities.