XML 101 R86.htm IDEA: XBRL DOCUMENT v3.25.4
Note 14 - Segment Information - Segment Information (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue $ 3,095,000 $ 3,644,000 $ 3,281,000
Payroll and employee benefits [1] $ 946,000 $ 971,000 $ 940,000
Entertainment, License Agreement for Program Material, Amortization Expense, Statement of Income or Comprehensive Income [Extensible Enumeration] Amortization of intangible assets Amortization of intangible assets Amortization of intangible assets
Network affiliation fees [1] $ 882,000 $ 932,000 $ 937,000
Programming [1] 133,000 128,000 123,000
Depreciation and amortization [1] 237,000 269,000 339,000
Other segment items [1],[2] 505,000 493,000 516,000
Impairment of goodwill, broadcast licenses and other intangible assets 30,000 0 43,000 [1]
Segment operating income (loss) 392,000 851,000 383,000
Miscellaneous income, net (1,000) 117,000 7,000
Impairment of investments (20,000) (25,000) (29,000)
Interest expense (474,000) (485,000) (440,000)
Gain on early extinguishment of debt (10,000) 34,000 (3,000)
Loss before income tax (113,000) 492,000 (82,000)
Capital expenditures (excluding business combinations) 108,000 143,000 348,000
(Loss) gain from early extinguishment of debt (10,000) 34,000 (3,000)
Goodwill 2,642,000 2,642,000 2,643,000
Investments in broadcasting and technology companies 37,000 66,000 85,000
Total assets 10,440,000 10,542,000 10,640,000
Broadcasting, Segment [Member]      
Revenue 2,988,000 3,539,000 3,195,000
Production Companies, Segment [Member]      
Revenue 107,000 105,000 86,000
Other Operating Segment [Member]      
Revenue 0 0 0
Payroll and employee benefits [1] 60,000 55,000 54,000
Network affiliation fees [1] 0 0 0
Programming [1] 0 0 0
Depreciation and amortization [1] 2,000 2,000 4,000
Other segment items [1],[2] 53,000 49,000 58,000
Impairment of goodwill, broadcast licenses and other intangible assets [1]     0
Segment operating income (loss) (115,000) (106,000) (116,000)
Interest expense   (485,000)  
Gain on early extinguishment of debt     (3,000)
Capital expenditures (excluding business combinations) 0 0 1,000
(Loss) gain from early extinguishment of debt     (3,000)
Goodwill 0 0 0
Investments in broadcasting and technology companies 13,000 13,000 13,000
Total assets 467,000 225,000 85,000
Operating Segments [Member] | Broadcasting, Segment [Member]      
Revenue 2,988,000 3,539,000 3,195,000
Payroll and employee benefits [1] 864,000 892,000 865,000
Network affiliation fees [1] 882,000 932,000 937,000
Programming [1] 116,000 108,000 98,000
Depreciation and amortization [1] 215,000 248,000 322,000
Other segment items [1],[2] 398,000 403,000 386,000
Impairment of goodwill, broadcast licenses and other intangible assets [1]     0
Segment operating income (loss) 513,000 956,000 587,000
Miscellaneous income, net   117,000 7,000
Impairment of investments     (29,000)
Loss before income tax     (82,000)
Capital expenditures (excluding business combinations) 74,000 97,000 107,000
Goodwill 2,614,000 2,614,000 2,615,000
Investments in broadcasting and technology companies 23,000 49,000 68,000
Total assets 9,326,000 9,636,000 9,897,000
Operating Segments [Member] | Production Companies, Segment [Member]      
Revenue 107,000 105,000 86,000
Payroll and employee benefits [1] 22,000 24,000 21,000
Network affiliation fees [1] 0 0 0
Programming [1] 17,000 20,000 25,000
Depreciation and amortization [1] 20,000 19,000 13,000
Other segment items [1],[2] 54,000 41,000 72,000
Impairment of goodwill, broadcast licenses and other intangible assets [1]     43,000
Segment operating income (loss) (6,000) 1,000 (88,000)
Impairment of investments   (25,000)  
Interest expense     (440,000)
Capital expenditures (excluding business combinations) 34,000 46,000 240,000
Goodwill 28,000 28,000 28,000
Investments in broadcasting and technology companies 1,000 4,000 4,000
Total assets $ 647,000 $ 681,000 $ 658,000
[1] The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
[2] Other segment items for each reportable segment includes; (gain) loss on disposal of assets, impairment of goodwill and intangible assets, professional services expense, repairs and maintenance expense, occupancy expense (including property tax expense), and certain overhead expenses.