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Consolidated Statements of Operations - USD ($)
$ in Thousands, shares in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue (less agency commissions) $ 3,676,000 $ 2,413,000 $ 2,381,000
Operating expenses before depreciation, amortization, and (gain) loss on disposals of assets, net:      
Depreciation 129,000 104,000 96,000
Amortization of intangible assets 207,000 117,000 105,000
(Gain) loss on disposal of assets, net (2,000) 42,000 (29,000)
Operating expenses, net 2,686,000 2,032,000 1,629,000
Operating income 990,000 381,000 752,000
Other expense:      
Miscellaneous expense, net (4,000) (8,000) (5,000)
Impairment of investment (18,000) 0 0
Interest expense (354,000) (205,000) (191,000)
Loss on early extinguishment of debt 0 0 (12,000)
Income before income taxes 614,000 168,000 544,000
Income tax expense 159,000 78,000 134,000
Net income 455,000 90,000 410,000
Preferred stock dividends 52,000 52,000 52,000
Net income attributable to common stockholders $ 403,000 $ 38,000 $ 358,000
Basic per share information:      
Net income attributable to common stockholders (in dollars per share) $ 4.38 $ 0.40 $ 3.73
Weighted average shares outstanding (in shares) 92 95 96
Diluted per share information:      
Net income attributable to common stockholders (in dollars per share) $ 4.33 $ 0.40 $ 3.69
Weighted average shares outstanding (in shares) 93 95 97
Dividends declared per common share (in dollars per share) $ 0.32 $ 0.32 $ 0
Broadcasting, Segment [Member]      
Revenue (less agency commissions) $ 3,583,000 $ 2,340,000 $ 2,320,000
Operating expenses before depreciation, amortization, and (gain) loss on disposals of assets, net:      
Cost of goods and services sold 2,165,000 1,548,000 1,340,000
Operating expenses, net 2,484,000 1,795,000 1,495,000
Operating income 1,099,000 545,000 825,000
Other expense:      
Interest expense 0 0 0
Production Companies, Segment [Member]      
Revenue (less agency commissions) 93,000 73,000 61,000
Operating expenses before depreciation, amortization, and (gain) loss on disposals of assets, net:      
Cost of goods and services sold 83,000 62,000 52,000
Operating expenses, net 95,000 74,000 66,000
Operating income (2,000) (1,000) (5,000)
Other expense:      
Interest expense 0 0 0
Other Segments [Member]      
Operating expenses before depreciation, amortization, and (gain) loss on disposals of assets, net:      
Corporate and administrative 104,000 159,000 65,000
Depreciation 129,000 104,000 96,000
Amortization of intangible assets $ 207,000 $ 117,000 $ 105,000