Production

As of and for the Nine months ended September 30, 2020:

Broadcast

Companies

Other

Consolidated

Revenue (less agency commissions)

$

1,557

$

32

$

-

$

1,589

Operating expenses before depreciation, amortization and (gain) loss on disposal of assets, net:

985

32

47

1,064

Depreciation and amortization

136

9

2

147

(Gain) loss on disposal of assets, net

(21

)

(2

)

-

(23

)

Operating expenses

1,100

39

49

1,188

Operating income

$

457

$

(7

)

$

(49

)

$

401

Interest expense

$

-

$

-

$

143

$

143

Capital expenditures (excluding business combinations)

$

69

$

1

$

-

$

70

Goodwill

$

1,408

$

40

$

-

$

1,448

Total Assets

$

6,508

$

139

$

577

$

7,224

For the Nine months ended September 30, 2019:

Revenue (less agency commissions)

$

1,481

$

62

$

-

$

1,543

Operating expenses before depreciation, amortization and (gain) loss on disposal of assets, net:

986

57

83

1,126

Depreciation and amortization

135

9

2

146

(Gain) loss on disposal of assets, net

(27

)

-

(27

)

Operating expenses

1,094

66

85

1,245

Operating income

$

387

$

(4

)

$

(85

)

$

298

Interest expense

$

-

$

-

$

173

$

173

Capital expenditures (excluding business combinations)

$

69

$

-

$

4

$

73

As of December 31, 2019:

Goodwill

$

1,405

$

41

$

-

$

1,446

Total Assets

$

6,530

$

153

$

289

$

6,972