Goodwill and other intangible assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

We operate as one operating and reportable segment which includes the goodwill balances as of December 31, 2021 and 2020 shown below (in thousands):

	Goodwill
Balance as of Dec. 31, 2019	$	2,950,587
Adjustments	18,106
Balance as of Dec. 31, 2020	2,968,693
Business acquisition	12,894
Balance as of Dec. 31, 2021	$	2,981,587

Schedule of Goodwill, Indefinite-Lived Intangible Assets, and Amortizable Intangible Assets

The following table displays indefinite-lived intangible assets and amortizable intangible assets as of December 31, 2021 and 2020 (in thousands):

	Gross		Accumulated Amortization		Net
Dec. 31, 2021
Indefinite-lived intangibles:
Television and radio station FCC broadcast licenses	$	2,123,898	$	—	$	2,123,898
Amortizable intangible assets:
Retransmission agreements	235,215		(168,439)		66,776
Network affiliation agreements	309,503		(97,195)		212,308
Other	71,465		(32,959)		38,506
Total indefinite-lived and amortizable intangible assets	$	2,740,081	$	(298,593)	$	2,441,488
Dec. 31, 2020
Indefinite-lived intangibles:
Television and radio station FCC broadcast licenses	$	2,123,898	$	—	$	2,123,898
Amortizable intangible assets:
Retransmission agreements	235,215		(138,928)		96,287
Network affiliation agreements	309,503		(72,694)		236,809
Other	70,610		(23,960)		46,650
Total indefinite-lived and amortizable intangible assets	$	2,739,226	$	(235,582)	$	2,503,644

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The following table shows the projected annual amortization expense related to amortizable intangible assets existing as of December 31, 2021 (in thousands):

2022	$	59,882
2023	53,467
2024	47,293
2025	28,468
2026	24,431
Thereafter	104,049
Total	$	317,590