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Goodwill And Other Intangible Assets
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill, Other Intangible Assets and Liabilities
NOTE 4: GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill and other intangible assets consisted of the following (in thousands):
 
March 31, 2019
 
December 31, 2018
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
Other intangible assets subject to amortization
 
 
 
 
 
 
 
 
 
 
 
Affiliate relationships (useful life of 16 years)
$
212,000

 
$
(82,813
)
 
$
129,187

 
$
212,000

 
$
(79,500
)
 
$
132,500

Advertiser relationships (useful life of 8 years)
168,000

 
(131,250
)
 
36,750

 
168,000

 
(126,000
)
 
42,000

Network affiliation agreements (useful life of 11 to 16 years)
228,700

 
(87,401
)
 
141,299

 
228,700

 
(83,649
)
 
145,051

Retransmission consent agreements (useful life of 7 to 12 years)
830,100

 
(489,582
)
 
340,518

 
830,100

 
(467,073
)
 
363,027

Other (useful life of 5 to 15 years)
8,793

 
(2,988
)
 
5,805

 
16,015

 
(8,137
)
 
7,878

Total
$
1,447,593

 
$
(794,034
)
 
653,559

 
$
1,454,815

 
$
(764,359
)
 
690,456

Other intangible assets not subject to amortization
 
 
 
 
 
 
 
 
 
 
 
FCC licenses
 
 
 
 
737,200

 
 
 
 
 
737,200

Trade name
 
 
 
 
14,800

 
 
 
 
 
14,800

Total other intangible assets, net
 
 
 
 
1,405,559

 
 
 
 
 
1,442,456

Goodwill
 
 
 
 
3,228,436

 
 
 
 
 
3,228,601

Total goodwill and other intangible assets
 
 
 
 
$
4,633,995

 
 
 
 
 
$
4,671,057


The changes in the carrying amounts of intangible assets, which are in the Company’s Television and Entertainment segment, during the three months ended March 31, 2019 were as follows (in thousands):
Other intangible assets subject to amortization
 
Balance as of December 31, 2018
$
690,456

Amortization
(35,021
)
Balance sheet reclassifications (1)
(1,762
)
Foreign currency translation adjustment
(114
)
Balance as of March 31, 2019
$
653,559

Other intangible assets not subject to amortization
 
Balance as of March 31, 2019 and December 31, 2018
$
752,000

Goodwill
 
Gross balance as of December 31, 2018
$
3,609,601

Accumulated impairment losses at December 31, 2018
(381,000
)
Balance as of December 31, 2018
3,228,601

Foreign currency translation adjustment
(165
)
Balance as of March 31, 2019
$
3,228,436

Total goodwill and other intangible assets as of March 31, 2019
$
4,633,995


 
(1)
Balance sheet reclassifications include $2 million of lease contract intangible assets that were reclassified to operating lease right-of-use assets in the Company’s unaudited Condensed Consolidated Balance Sheets on January 1, 2019 upon implementation of ASU No. 2016-02. See Note 3 for additional information.
Amortization expense relating to amortizable intangible assets is expected to be approximately $105 million for the remainder of 2019, $134 million in 2020, $103 million in 2021, $84 million in 2022, $57 million in 2023 and $51 million in 2024.