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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Book Value of Goodwill by Segment
For the years ended December 31, 2017 and 2016, the changes in the book value of goodwill by segment were as follows:
 
 
Balance at
 
 
 
 
 
 
Balance at
 
 
December 31, 2016
 
Acquisitions
 
 
Dispositions
 
December 31, 2017
Entertainment:
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
$
9,300

 
 
$
23

(a) 
 
$

 
 
$
9,323

 
Accumulated impairment losses
 
 
(6,294
)
 
 

 
 

 
 
(6,294
)
 
Goodwill, net of impairment
 
 
3,006

 
 
23

 
 

 
 
3,029

 
Cable Networks:
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
480

 
 

 
 

 
 
480

 
Accumulated impairment losses
 
 

 
 

 
 

 
 

 
Goodwill, net of impairment
 
 
480

 
 

 
 

 
 
480

 
Publishing:
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
431

 
 
4

(b) 
 

 
 
435

 
Accumulated impairment losses
 
 

 
 

 
 

 
 

 
Goodwill, net of impairment
 
 
431

 
 
4

 
 

 
 
435

 
Local Media:
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
8,007

 
 

 
 

 
 
8,007

 
Accumulated impairment losses
 
 
(7,060
)
 
 

 
 

 
 
(7,060
)
 
Goodwill, net of impairment
 
 
947

 
 

 
 

 
 
947

 
Total:
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
18,218

 
 
27

 
 

 
 
18,245

 
Accumulated impairment losses
 
 
(13,354
)
 
 

 
 

 
 
(13,354
)
 
Goodwill, net of impairment
 
 
$
4,864

 
 
$
27

 
 
$

 
 
$
4,891

 
 
 
Balance at
 
 
 
 
 
 
Balance at
 
 
December 31, 2015
 
Acquisitions
 
 
Dispositions
 
December 31, 2016
Entertainment:
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
$
9,250

 
 
$
52

(c) 
 
$
(2
)
(d) 
 
$
9,300

 
Accumulated impairment losses
 
 
(6,294
)
 
 

 
 

 
 
(6,294
)
 
Goodwill, net of impairment
 
 
2,956

 
 
52

 
 
(2
)
 
 
3,006

 
Cable Networks:
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
480

 
 

 
 

 
 
480

 
Accumulated impairment losses
 
 

 
 

 
 

 
 

 
Goodwill, net of impairment
 
 
480

 
 

 
 

 
 
480

 
Publishing:
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
406

 
 
25

(b) 
 

 
 
431

 
Accumulated impairment losses
 
 

 
 

 
 

 
 

 
Goodwill, net of impairment
 
 
406

 
 
25

 
 

 
 
431

 
Local Media:
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
8,007

 
 

 
 

 
 
8,007

 
Accumulated impairment losses
 
 
(7,060
)
 
 

 
 

 
 
(7,060
)
 
Goodwill, net of impairment
 
 
947

 
 

 
 

 
 
947

 
Total:
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
18,143

 
 
77

 
 
(2
)
 
 
18,218

 
Accumulated impairment losses
 
 
(13,354
)
 
 

 
 

 
 
(13,354
)
 
Goodwill, net of impairment
 
 
$
4,789

 
 
$
77

 
 
$
(2
)
 
 
$
4,864

 
(a) Amount reflects the acquisitions of a television production business and a digital sports publishing business.
(b) Amounts relate to the acquisition of a publishing business in the fourth quarter of 2016.
(c) Amount reflects the acquisition of a sports-focused digital media business.
(d) Amount reflects the disposition of internet businesses in China.
Schedule of Indefinite-lived Intangible Assets
The Company’s intangible assets were as follows:
 
 
 
Accumulated
 
 
At December 31, 2017
Gross
 
Amortization
 
Net
Intangible assets subject to amortization:
190

 
 
 
 
Trade names
$
190

 
$
(51
)
 
$
139

Other intangible assets
134

 
(101
)
 
33

Total intangible assets subject to amortization
324

 
(152
)
 
172

FCC licenses
2,441

 

 
2,441

International broadcast licenses (a)
53

 

 
53

Total intangible assets
$
2,818

 
$
(152
)
 
$
2,666

(a) Reflects broadcast licenses of Network Ten, which was acquired during the fourth quarter of 2017.
 
 
 
Accumulated
 
 
At December 31, 2016
Gross
 
Amortization
 
Net
Intangible assets subject to amortization:
 
 
 
 
 
Trade names
$
188

 
$
(41
)
 
$
147

Other intangible assets
147

 
(107
)
 
40

Total intangible assets subject to amortization
335

 
(148
)
 
187

FCC licenses
2,446

 

 
2,446

Total intangible assets
$
2,781

 
$
(148
)
 
$
2,633


Schedule of Finite-lived Intangible Assets
The Company’s intangible assets were as follows:
 
 
 
Accumulated
 
 
At December 31, 2017
Gross
 
Amortization
 
Net
Intangible assets subject to amortization:
190

 
 
 
 
Trade names
$
190

 
$
(51
)
 
$
139

Other intangible assets
134

 
(101
)
 
33

Total intangible assets subject to amortization
324

 
(152
)
 
172

FCC licenses
2,441

 

 
2,441

International broadcast licenses (a)
53

 

 
53

Total intangible assets
$
2,818

 
$
(152
)
 
$
2,666

(a) Reflects broadcast licenses of Network Ten, which was acquired during the fourth quarter of 2017.
 
 
 
Accumulated
 
 
At December 31, 2016
Gross
 
Amortization
 
Net
Intangible assets subject to amortization:
 
 
 
 
 
Trade names
$
188

 
$
(41
)
 
$
147

Other intangible assets
147

 
(107
)
 
40

Total intangible assets subject to amortization
335

 
(148
)
 
187

FCC licenses
2,446

 

 
2,446

Total intangible assets
$
2,781

 
$
(148
)
 
$
2,633


Finite-lived Intangible Assets Amortization Expense
Amortization expense was as follows:
Year Ended December 31,
2017
 
2016
 
2015
Amortization expense
 
$
20

 
 
 
$
20

 
 
 
$
23

 
Schedule of Expected Amortization Expense
The Company expects its aggregate annual amortization expense for existing intangible assets subject to amortization for each of the years, 2018 through 2022, to be as follows:
 
2018
 
2019
 
2020
 
2021
 
2022
Future amortization expense
 
$
19

 
 
 
$
18

 
 
 
$
15

 
 
 
$
13

 
 
 
$
12