Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill by business segment

Goodwill by business segment was as follows:

(in thousands)	Local Media			National Media			Total
Gross balance as of December 31, 2016	$	708,133		$	105,561		$	813,694
Accumulated impairment losses	(216,914		)	(21,000		)	(237,914		)
Net balance as of December 31, 2016	491,219			84,561			575,780
Cracked impairment charge	—			(29,403		)	(29,403		)
Katz acquisition	—			209,572			209,572
Balance as of December 31, 2017	$	491,219		$	264,730		$	755,949
Gross balance as of December 31, 2017	$	708,133		$	315,133		$	1,023,266
Accumulated impairment losses	(216,914		)	(50,403		)	(267,317		)
Net balance as of December 31, 2017	491,219			264,730			755,949
Katz acquisition adjustments	—			(5,812		)	(5,812		)
Triton acquisition	—			83,876			83,876
Balance as of December 31, 2018	$	491,219		$	342,794		$	834,013
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 stations acquisitions	435,726			—			435,726
Omny acquisition	—			5,336			5,336
Triton acquisition adjustment	—			(3,220		)	(3,220		)
Balance as of December 31, 2019	$	926,945		$	344,910		$	1,271,855
Gross balance as of December 31, 2019	$	1,143,859		$	395,313		$	1,539,172
Accumulated impairment losses	(216,914		)	(50,403		)	(267,317		)
Net balance as of December 31, 2019	$	926,945		$	344,910		$	1,271,855

Summary of other finite-lived intangible assets

Other intangible assets consisted of the following:

	As of December 31,
(in thousands)	2019			2018
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships	$	616,244		$	248,444
Customer lists and advertiser relationships	111,700			100,500
Other	109,156			88,393
Total carrying amount	837,100			437,337
Accumulated amortization:
Television network affiliation relationships	(82,917		)	(62,020		)
Customer lists and advertiser relationships	(48,586		)	(36,380		)
Other	(29,721		)	(17,199		)
Total accumulated amortization	(161,224		)	(115,599		)
Net amortizable intangible assets	675,876			321,738
Indefinite-lived intangible assets — FCC licenses	385,915			157,215
Total other intangible assets	$	1,061,791		$	478,953

Summary of other indefinite-lived intangible assets

Other intangible assets consisted of the following:

	As of December 31,
(in thousands)	2019			2018
Amortizable intangible assets:
Carrying amount:
Television network affiliation relationships	$	616,244		$	248,444
Customer lists and advertiser relationships	111,700			100,500
Other	109,156			88,393
Total carrying amount	837,100			437,337
Accumulated amortization:
Television network affiliation relationships	(82,917		)	(62,020		)
Customer lists and advertiser relationships	(48,586		)	(36,380		)
Other	(29,721		)	(17,199		)
Total accumulated amortization	(161,224		)	(115,599		)
Net amortizable intangible assets	675,876			321,738
Indefinite-lived intangible assets — FCC licenses	385,915			157,215
Total other intangible assets	$	1,061,791		$	478,953