Financial Information about Industry Segments (Tables)

12 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table presents financial information by segment:

Years ended June 30,	2021		2020		2019
(In millions)
Revenues
National media	$	2,023.5	$	2,081.6	$	2,326.6
Local media	958.8		769.3		863.8
Total revenues, gross	2,982.3		2,850.9		3,190.4
Intersegment revenue elimination	(4.9)		(2.3)		(1.9)
Total revenue	$	2,977.4	$	2,848.6	$	3,188.5
Segment profit (loss)
National media	$	351.2	$	(167.7)	$	126.0
Local media	314.0		146.0		278.3
Unallocated corporate	(103.8)		(72.4)		(117.3)
Income (loss) from operations	561.4		(94.1)		287.0
Non-operating income (expense), net	10.8		(1.3)		24.2
Interest expense, net	(178.6)		(145.8)		(170.6)
Earnings (loss) from continuing operations before income taxes	$	393.6	$	(241.2)	$	140.6
Depreciation and amortization
National media	$	129.9	$	176.5	$	206.5
Local media	31.5		38.9		36.6
Unallocated corporate	1.6		4.5		4.5
Total depreciation and amortization	$	163.0	$	219.9	$	247.6
Assets
National media	$	3,963.5	$	4,110.2	$	4,606.8
Local media	1,137.1		1,137.1		1,192.3
Unallocated corporate	465.2		262.8		337.8
Total assets	$	5,565.8	$	5,510.1	$	6,136.9
Capital expenditures
National media	$	19.4	$	19.9	$	13.0
Local media	9.9		19.5		25.1
Unallocated corporate	5.9		16.0		8.3
Total capital expenditures	$	35.2	$	55.4	$	46.4