Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Goodwill consisted of the following:

(in thousands)	Local Media			National Media			Total
Gross balance as of December 31, 2018	$	708,133		$	393,197		$	1,101,330
Accumulated impairment losses	(216,914		)	(50,403		)	(267,317		)
Net balance as of December 31, 2018	491,219			342,794			834,013
Television station acquisitions	484,149			—			484,149
Omny acquisition	—			5,150			5,150
Balance as of September 30, 2019	$	975,368		$	347,944		$	1,323,312
Gross balance as of September 30, 2019	$	1,192,282		$	398,347		$	1,590,629
Accumulated impairment losses	(216,914		)	(50,403		)	(267,317		)
Net balance as of September 30, 2019	$	975,368		$	347,944		$	1,323,312

Summary of other finite-lived intangible assets

Other intangible assets consisted of the following:

(in thousands)	As of   September 30,   2019			As of   December 31,   2018
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships	$	591,544		$	248,444
Customer lists and advertiser relationships	112,332			100,500
Other	108,767			88,393
Total carrying amount	812,643			437,337
Accumulated amortization:
Television network affiliation relationships	(75,472		)	(62,020		)
Customer lists and advertiser relationships	(45,195		)	(36,380		)
Other	(25,566		)	(17,199		)
Total accumulated amortization	(146,233		)	(115,599		)
Net amortizable intangible assets	666,410			321,738
Indefinite-lived intangible assets — FCC licenses	354,615			157,215
Total other intangible assets	$	1,021,025		$	478,953

Summary of other indefinite-lived intangible assets

Other intangible assets consisted of the following:

(in thousands)	As of   September 30,   2019			As of   December 31,   2018
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships	$	591,544		$	248,444
Customer lists and advertiser relationships	112,332			100,500
Other	108,767			88,393
Total carrying amount	812,643			437,337
Accumulated amortization:
Television network affiliation relationships	(75,472		)	(62,020		)
Customer lists and advertiser relationships	(45,195		)	(36,380		)
Other	(25,566		)	(17,199		)
Total accumulated amortization	(146,233		)	(115,599		)
Net amortizable intangible assets	666,410			321,738
Indefinite-lived intangible assets — FCC licenses	354,615			157,215
Total other intangible assets	$	1,021,025		$	478,953