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NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2025
Segment data  
Schedule of Rollforward of the Allowance for Doubtful Accounts
A rollforward of the allowance for doubtful accounts for the years ended December 31, 2025, 2024, and 2023 is as follows (in millions):
 202520242023
Balance at beginning of period$$$
Charged to expense
Net write-offs(3)(4)(4)
Balance at end of period$$$
Schedule of Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities consisted of the following as of December 31, 2025 and 2024 (in millions):
 
 20252024
Compensation and employee benefits$103 $101 
Interest74 11 
Programming related obligations162 171 
Legal, litigation, and regulatory (a) 24 26 
Accounts payable and other operating expenses133 107 
Total accounts payable and accrued liabilities$496 $416 
(a)See Note 11. Commitments and Contingencies for additional information regarding the litigation accruals recorded.
Schedule of Disaggregation of Revenue
The following table presents our revenue disaggregated by type and segment for the years ended December 31, 2025, 2024, and 2023 (in millions):

For the year ended December 31, 2025Local mediaTennisOtherEliminationsTotal
Distribution revenue$1,529 $216 $— $— $1,745 
Core advertising revenue1,124 45 135 (27)1,277 
Political advertising revenue 32 — — — 32 
Other media, non-media, and intercompany revenue89 31 (9)115 
Total revenue$2,774 $265 $166 $(36)$3,169 

For the year ended December 31, 2024Local mediaTennisOtherEliminationsTotal
Distribution revenue$1,543 $203 $— $— $1,746 
Core advertising revenue1,152 39 33 (18)1,206 
Political advertising revenue 405 — — — 405 
Other media, non-media, and intercompany revenue154 43 (11)191 
Total revenue$3,254 $247 $76 $(29)$3,548 

For the year ended December 31, 2023Local mediaTennisOtherEliminationsTotal
Distribution revenue$1,491 $189 $— $— $1,680 
Core Advertising revenue1,192 37 25 (13)1,241 
Political advertising revenue44 — — — 44 
Other media, non-media, and intercompany revenue139 37 (9)169 
Total revenue$2,866 $228 $62 $(22)$3,134 
Sinclair Broadcast Group, LLC  
Segment data  
Schedule of Rollforward of the Allowance for Doubtful Accounts
A rollforward of the allowance for doubtful accounts for the years ended December 31, 2025, 2024, and 2023 is as follows (in millions):
 202520242023
Balance at beginning of period$$$
Charged to expense
Net write-offs(3)(4)(3)
Transferred to Ventures— — (1)
Balance at end of period$$$
Schedule of Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities consisted of the following as of December 31, 2025 and 2024 (in millions):
 
 20252024
Compensation and employee benefits$93 $96 
Interest74 11 
Programming related obligations162 171 
Legal, litigation, and regulatory (a)23 26 
Accounts payable and other operating expenses85 70 
Total accounts payable and accrued liabilities$437 $374 
(a)See Note 10. Commitments and Contingencies for additional information regarding the litigation accruals recorded.
Schedule of Disaggregation of Revenue
The following table presents SBG’s revenue disaggregated by type and segment for the years ended December 31, 2025, 2024, and 2023 (in millions):

For the years ended December 31,
20252024
Local mediaLocal media
Distribution revenue$1,529 $1,543 
Core advertising revenue1,124 1,152 
Political advertising revenue 32 405 
Other media, non-media, and intercompany revenue89 154 
Total revenue$2,774 $3,254 

For the year ended December 31, 2023Local mediaOtherEliminationsTotal
Distribution revenue$1,491 $76 $— $1,567 
Core Advertising revenue1,192 29 (5)1,216 
Political advertising revenue 44 — — 44 
Other media, non-media, and intercompany revenue139 14 (2)151 
Total revenue$2,866 $119 $(7)$2,978