Goodwill and Intangibles (Tables)

6 Months Ended

Jun. 30, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Goodwill Balances

The changes in the carrying amount of goodwill as of June 30, 2023, and since December 26, 2021, were as follows:

(In thousands)	NYTG		The Athletic		Total
Balance as of December 26, 2021	$	166,360	$	—	$	166,360
Foreign currency translation	(3,674)		—		(3,674)
Acquisition of The Athletic Media Company	—		249,792		249,792
Measurement period adjustments	—		1,568		1,568
Balance as of December 31, 2022	162,686		251,360		414,046
Foreign currency translation	1,135		—		1,135
Balance as of June 30, 2023	$	163,821	$	251,360	$	415,181

Schedule of Finite-Lived Intangible Assets

As of June 30, 2023, the gross book value and accumulated amortization of the finite-lived intangible assets were as follows:

(In thousands)	Gross Book Value		Accumulated Amortization		Net Book Value		Remaining Weighted-Average Useful Life (Years)
Trademark	$	162,618	$	(13,207)	$	149,411	18.8
Existing subscriber base	136,500		(17,438)		119,062		10.7
Developed technology	38,401		(11,712)		26,689		3.7
Content archive	5,751		(3,231)		2,520		2.5
Total finite-lived intangibles	$	343,270	$	(45,588)	$	297,682	14.1

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated aggregate amortization expense for the remainder of 2023 and each of the following fiscal years ending December 31 is presented below:

(In thousands)
Remainder of 2023	$	14,662
2024	27,487
2025	27,213
2026	26,960
2027	20,171
Thereafter	181,189
Total amortization expense	$	297,682