Production

As of and for the nine-months ended September 30, 2021:

Broadcasting

Companies

Other

Consolidated

Revenue (less agency commissions)

$

1,648

$

44

$

-

$

1,692

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

1,099

39

75

1,213

Depreciation and amortization

146

9

2

157

Loss on disposal of assets, net

46

-

46

Operating expenses

1,291

48

77

1,416

Operating income (loss)

$

357

$

(4

)

$

(77

)

$

276

Interest expense

$

-

$

-

$

143

$

143

Capital expenditures (excluding business combinations)

$

63

$

88

$

3

$

154

Goodwill

$

1,588

$

45

$

-

$

1,633

Total assets

$

7,229

$

134

$

416

$

7,779

For the nine-months ended September 30, 2020:

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 (loss)

$

457

$

(7

)

$

(49

)

$

401

Interest expense

$

-

$

-

$

143

$

143

Capital expenditures (excluding business combinations)

$

69

$

1

$

-

$

70

As of December 31, 2020:

Goodwill

$

1,419

$

41

$

-

$

1,460

Total assets

$

6,631

$

141

$

871

$

7,643