Goodwill and other intangible assets

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and other intangible assets

Goodwill and other intangible assets

The following table displays goodwill, indefinite-lived intangible assets, and amortizable intangible assets as of September 30, 2022 and December 31, 2021 (in thousands):

	Sept. 30, 2022				Dec. 31, 2021
	Gross		Accumulated Amortization		Gross		Accumulated Amortization
Goodwill	$	2,981,587	$	—	$	2,981,587	$	—
Indefinite-lived intangibles:
Television and radio station FCC broadcast licenses	2,123,898		—		2,123,898		—
Amortizable intangible assets:
Retransmission agreements	224,827		(178,149)		235,215		(168,439)
Network affiliation agreements	309,503		(115,547)		309,503		(97,195)
Other	71,465		(39,461)		71,465		(32,959)
Total indefinite-lived and amortizable intangible assets	$	2,729,693	$	(333,157)	$	2,740,081	$	(298,593)

Our retransmission agreements and network affiliation agreements are amortized on a straight-line basis over their estimated useful lives. Other intangibles primarily include distribution agreements from our multicast networks acquisition, which are also amortized on a straight-line basis over their useful lives. In the third quarter of 2022, gross retransmission agreement intangible assets and associated accumulated amortization decreased by $10.4 million due to certain retransmission intangible assets reaching the end of their useful lives.