Production

As of and for the six months ended June 30, 2023:

Broadcasting

Companies

Other

Consolidated

Revenue (less agency commissions)

$

1,580

$

34

$

-

$

1,614

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

1,107

70

56

1,233

Depreciation and amortization

160

7

2

169

Loss on disposal of assets, net

24

2

-

26

Operating expenses

1,291

79

58

1,428

Operating income (loss)

$

289

$

(45

)

$

(58

)

$

186

Interest expense

$

-

$

-

$

213

$

213

Capital expenditures (excluding business combinations)

$

41

$

168

$

4

$

213

Goodwill

$

2,615

$

45

$

-

$

2,660

Total assets

$

9,995

$

644

$

171

$

10,810

For the six months ended June 30, 2022:

Revenue (less agency commissions)

$

1,659

$

36

$

-

$

1,695

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

1,058

40

53

1,151

Depreciation and amortization

159

6

2

167

Gain on disposal of assets, net

(5

)

-

(5

)

Operating expenses

1,212

46

55

1,313

Operating income (loss)

$

447

$

(10

)

$

(55

)

$

382

Interest expense

$

-

$

-

$

160

$

160

Capital expenditures (excluding business combinations)

$

66

$

93

$

-

$

159

As of December 31, 2022:

Goodwill

$

2,618

$

45

$

-

$

2,663

Total assets

$

10,444

$

535

$

173

$

11,152