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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue (less agency commissions):    
Revenue (less agency commissions) $ 768 $ 782
Operating expenses before depreciation, amortization, impairment and (gain) loss on disposals of assets, net:    
Depreciation 33 34
Amortization of intangible assets 32 29
(Gain) loss on disposal of assets, net 0 (2)
Operating expenses, net 687 690
Operating income 81 92
Other (expense) income:    
Miscellaneous (expense) income, net 8 1
Interest expense (117) (118)
(Loss) gain from early extinguishment of debt 0 1
(Loss) income before income taxes (28) (24)
Income tax (benefit) expense (8) (15)
Net (loss) income (20) (9)
Preferred stock dividends 13 13
Net (loss) income attributable to common stockholders $ (33) $ (22)
Basic per share information:    
Net (loss) income attributable to common stockholders (in dollars per share) $ (0.34) $ (0.23)
Weighted average shares outstanding (in shares) 97 96
Diluted per share information:    
Net (loss) income attributable to common stockholders (in dollars per share) $ (0.34) $ (0.23)
Weighted average shares outstanding (in shares) 97 96
Dividends declared per common share (in dollars per share) $ 0.08 $ 0.08
Broadcasting, Segment [Member]    
Revenue (less agency commissions):    
Revenue (less agency commissions) $ 739 $ 755
Operating expenses before depreciation, amortization, impairment and (gain) loss on disposals of assets, net:    
Cost of goods and services sold 555 577
Production Companies, Segment [Member]    
Revenue (less agency commissions):    
Revenue (less agency commissions) 29 27
Operating expenses before depreciation, amortization, impairment and (gain) loss on disposals of assets, net:    
Cost of goods and services sold 28 20
Other Operating Segment [Member]    
Revenue (less agency commissions):    
Revenue (less agency commissions) 0 0
Operating expenses before depreciation, amortization, impairment and (gain) loss on disposals of assets, net:    
Corporate and administrative 39 32
Operating income $ (40) $ (32)