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Goodwill and Intangibles (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balances
The changes in the carrying amount of goodwill as of June 30, 2024, and since December 31, 2022, were as follows:
(In thousands)NYTGThe Athletic Total
Balance as of December 31, 2022$162,686 $251,360 $414,046 
Foreign currency translation2,052 — 2,052 
Balance as of December 31, 2023164,738 251,360 416,098 
Foreign currency translation(1,935)— (1,935)
Balance as of June 30, 2024$162,803 $251,360 $414,163 
Schedule of Finite-Lived Intangible Assets
As of June 30, 2024 and December 31, 2023, the gross book value and accumulated amortization of the intangible assets with definite lives were as follows:
June 30, 2024
(In thousands)Gross Book ValueAccumulated AmortizationNet Book ValueRemaining Weighted-Average Useful Life (Years)
Trademark$162,618 $(21,951)$140,667 17.8
Existing subscriber base136,500 (28,688)107,812 9.7
Developed technology38,401 (19,050)19,351 2.7
Content archive5,751 (4,444)1,307 2.1
Total finite-lived intangibles$343,270 $(74,133)$269,137 13.4
December 31, 2023
(In thousands)Gross Book ValueAccumulated AmortizationNet Book ValueRemaining Weighted-Average Useful Life (Years)
Trademark$162,618 $(17,767)$144,851 18.3
Existing subscriber base136,500 (23,062)113,438 10.2
Developed technology38,401 (15,381)23,020 3.2
Content archive5,751 (4,047)1,704 2.5
Total finite-lived intangibles$343,270 $(60,257)$283,013 13.7
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The estimated aggregate amortization expense for the remainder of 2024 and each of the following fiscal years ending December 31 is presented below:
(In thousands)
Remainder of 2024$13,603 
202527,213 
202626,960 
202720,171 
202819,335 
Thereafter161,855 
Total amortization expense$269,137