Production

As of and for the three months ended March 31, 2021:

Broadcast

Companies

Other

Consolidated

Revenue (less agency commissions)

$

530

$

14

$

-

$

544

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

361

17

18

396

Depreciation and amortization

47

3

1

51

Gain on disposal of assets, net

(4

)

-

(4

)

Operating expenses

404

20

19

443

Operating income (loss)

$

126

$

(6

)

$

(19

)

$

101

Interest expense

$

-

$

-

$

48

$

48

Capital expenditures (excluding business combinations)

$

13

$

-

$

-

$

13

Goodwill

$

1,425

$

41

$

-

$

1,466

Total Assets

$

6,613

$

123

$

924

$

7,660

For the three months ended March 31, 2020:

Revenue (less agency commissions)

$

515

$

19

$

-

$

534

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

335

19

15

369

Depreciation and amortization

43

3

1

47

Gain on disposal of assets, net

(6

)

-

(6

)

Operating expenses

372

22

16

410

Operating income (loss)

$

143

$

(3

)

$

(16

)

$

124

Interest expense

$

-

$

-

$

52

$

52

Capital expenditures (excluding business combinations)

$

27

$

-

$

-

$

27

As of December 31, 2020:

Goodwill

$

1,419

$

41

$

-

$

1,460

Total Assets

$

6,631

$

141

$

871

$

7,643