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Intangible Assets and Goodwill (Tables)
 12 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
Intangible assets consist of the following:

June 30,
2018
 
 
2017
(In millions)
Gross Amount
 
Accumulated Amortization
 
Net Amount
 
 
Gross
Amount
 
Accumulated
Amortization
 
Net
Amount
Intangible assets
   subject to amortization
 
 
 
 
 
 
 
 
 
 
 
 
National media
 
 
 
 
 
 
 
 
 
 
 
 
Advertiser relationships
$
212.3

 
$
(41.1
)
 
$
171.2

 
 
$
18.6

 
$
(15.5
)
 
$
3.1

Publisher relationships
125.0

 
(7.4
)
 
117.6

 
 
—

 
—

 
—

Partner relationships
95.0

 
(6.6
)
 
88.4

 
 
—

 
—

 
—

Customer lists
67.5

 
(14.0
)
 
53.5

 
 
7.3

 
(3.4
)
 
3.9

Other
22.0

 
(11.9
)
 
10.1

 
 
22.3

 
(9.8
)
 
12.5

Local media
 
 
 
 
 
 
 

 

 

Network
229.3

 
(148.6
)
 
80.7

 
 
229.3

 
(142.2
)
 
87.1

Advertiser relationships
25.0

 
(3.5
)
 
21.5

 
 
—

 
—

 
—

Retransmission agreements
27.9

 
(14.9
)
 
13.0

 
 
27.9

 
(10.7
)
 
17.2

Other
1.7

 
(0.8
)
 
0.9

 
 
1.7

 
(0.5
)
 
1.2

Total
$
805.7

 
$
(248.8
)
 
$
556.9

 
 
$
307.1

 
$
(182.1
)
 
$
125.0

Intangible assets not
   subject to amortization
 
 
 
 
 
 
 
 
 
 
 
 
National media
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks
 
 
 
 
765.3

 
 
 
 
 
 
147.9

Internet domain names
 
 
 
 
7.8

 
 
 
 
 
 
7.8

Local media
 
 
 
 
 
 
 
 
 
 
 
 
FCC licenses
 
 
 
 
675.2

 
 
 
 
 
 
675.2

Total
 
 
 
 
1,448.3

 
 
 
 
 
 
830.9

Intangible assets, net
 
 
 
 
$
2,005.2

 
 
 
 
 
 
$
955.9
Schedule of Indefinite-Lived Intangible Assets
Intangible assets consist of the following:

June 30,
2018
 
 
2017
(In millions)
Gross Amount
 
Accumulated Amortization
 
Net Amount
 
 
Gross
Amount
 
Accumulated
Amortization
 
Net
Amount
Intangible assets
   subject to amortization
 
 
 
 
 
 
 
 
 
 
 
 
National media
 
 
 
 
 
 
 
 
 
 
 
 
Advertiser relationships
$
212.3

 
$
(41.1
)
 
$
171.2

 
 
$
18.6

 
$
(15.5
)
 
$
3.1

Publisher relationships
125.0

 
(7.4
)
 
117.6

 
 
—

 
—

 
—

Partner relationships
95.0

 
(6.6
)
 
88.4

 
 
—

 
—

 
—

Customer lists
67.5

 
(14.0
)
 
53.5

 
 
7.3

 
(3.4
)
 
3.9

Other
22.0

 
(11.9
)
 
10.1

 
 
22.3

 
(9.8
)
 
12.5

Local media
 
 
 
 
 
 
 

 

 

Network
229.3

 
(148.6
)
 
80.7

 
 
229.3

 
(142.2
)
 
87.1

Advertiser relationships
25.0

 
(3.5
)
 
21.5

 
 
—

 
—

 
—

Retransmission agreements
27.9

 
(14.9
)
 
13.0

 
 
27.9

 
(10.7
)
 
17.2

Other
1.7

 
(0.8
)
 
0.9

 
 
1.7

 
(0.5
)
 
1.2

Total
$
805.7

 
$
(248.8
)
 
$
556.9

 
 
$
307.1

 
$
(182.1
)
 
$
125.0

Intangible assets not
   subject to amortization
 
 
 
 
 
 
 
 
 
 
 
 
National media
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks
 
 
 
 
765.3

 
 
 
 
 
 
147.9

Internet domain names
 
 
 
 
7.8

 
 
 
 
 
 
7.8

Local media
 
 
 
 
 
 
 
 
 
 
 
 
FCC licenses
 
 
 
 
675.2

 
 
 
 
 
 
675.2

Total
 
 
 
 
1,448.3

 
 
 
 
 
 
830.9

Intangible assets, net
 
 
 
 
$
2,005.2

 
 
 
 
 
 
$
955.9
Schedule of Goodwill
Changes in the carrying amount of goodwill were as follows:

(In millions)
National
Media
 
Local
Media
 
Total
Balance at June 30, 2016
 
 
 
 


Goodwill
$
931.3

 
$
68.8

 
$
1,000.1

Accumulated impairment losses
(116.9
)
 
—

 
(116.9
)
 
814.4

 
68.8

 
883.2

Acquisitions
12.5

 
11.8

 
24.3

Balance at June 30, 2017

 
 
 

Goodwill
943.8

 
80.6

 
1,024.4

Accumulated impairment losses
(116.9
)
 
—

 
(116.9
)
 
826.9

 
80.6

 
907.5

Acquisitions
1,028.0

 
35.2

 
1,063.2

Disposals 1
(54.9
)
 
—

 
(54.9
)
Balance at June 30, 2018


 


 
 
Goodwill
1,800.0

 
115.8

 
1,915.8

Accumulated impairment losses
—

 
—

 
—

 
$
1,800.0

 
$
115.8

 
$
1,915.8

 
 
 
 
 
 
1  In connection with the sale of MXM, goodwill was reduced by $171.8 million and accumulated
impairment losses was reduced by $116.9 million.