Production

As of and for the six months ended June 30, 2021:

Broadcasting

Companies

Other

Consolidated

Revenue (less agency commissions)

$

1,067

$

24

$

-

$

1,091

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

715

26

43

784

Depreciation and amortization

95

6

2

103

Gain on disposal of assets, net

(5

)

-

(5

)

Operating expenses

805

32

45

882

Operating income (loss)

$

262

$

(8

)

$

(45

)

$

209

Interest expense

$

-

$

-

$

95

$

95

Capital expenditures (excluding acquisitions)

$

28

$

6

$

87

$

121

Goodwill

$

1,425

$

41

$

-

$

1,466

Total assets

$

6,598

$

121

$

951

$

7,670

For the six months ended June 30, 2020:

Revenue (less agency commissions)

$

964

$

21

$

-

$

985

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

659

24

32

715

Depreciation and amortization

87

6

1

94

Gain on disposal of assets, net

(13

)

-

(13

)

Operating expenses

733

30

33

796

Operating income (loss)

$

231

$

(9

)

$

(33

)

$

189

Interest expense

$

-

$

-

$

98

$

98

Capital expenditures (excluding acquisitions)

$

51

$

-

$

-

$

51

As of December 31, 2020:

Goodwill

$

1,419

$

41

$

-

$

1,460

Total assets

$

6,631

$

141

$

871

$

7,643