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	$	58,385	$	766,518
Accumulated impairment losses	(216,914)		(21,000)		(237,914)
Net balance as of December 31, 2016	491,219		37,385		528,604
Cracked impairment charge	—		(29,403)		(29,403)
Katz acquisition	—		209,572		209,572
Balance as of December 31, 2017	$	491,219	$	217,554	$	708,773
Gross balance as of December 31, 2017	$	708,133	$	267,957	$	976,090
Accumulated impairment losses	(216,914)		(50,403)		(267,317)
Net balance as of December 31, 2017	491,219		217,554		708,773
Katz acquisition adjustments	—		(5,812)		(5,812)
Triton acquisition	—		83,876		83,876
Balance as of December 31, 2018	$	491,219	$	295,618	$	786,837
Gross balance as of December 31, 2018	$	708,133	$	346,021	$	1,054,154
Accumulated impairment losses	(216,914)		(50,403)		(267,317)
Net balance as of December 31, 2018	491,219		295,618		786,837
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	$	297,734	$	1,224,679
Gross balance as of December 31, 2019	$	1,143,859	$	348,137	$	1,491,996
Accumulated impairment losses	(216,914)		(50,403)		(267,317)
Net balance as of December 31, 2019	$	926,945	$	297,734	$	1,224,679

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	104,300		93,100
Other	102,956		82,193
Total carrying amount	823,500		423,737
Accumulated amortization:
Television network affiliation relationships	(82,917)		(62,020)
Customer lists and advertiser relationships	(42,012)		(31,323)
Other	(23,811)		(11,703)
Total accumulated amortization	(148,740)		(105,046)
Net amortizable intangible assets	674,760		318,691
Indefinite-lived intangible assets — FCC licenses	385,915		157,215
Total other intangible assets	$	1,060,675	$	475,906

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	104,300		93,100
Other	102,956		82,193
Total carrying amount	823,500		423,737
Accumulated amortization:
Television network affiliation relationships	(82,917)		(62,020)
Customer lists and advertiser relationships	(42,012)		(31,323)
Other	(23,811)		(11,703)
Total accumulated amortization	(148,740)		(105,046)
Net amortizable intangible assets	674,760		318,691
Indefinite-lived intangible assets — FCC licenses	385,915		157,215
Total other intangible assets	$	1,060,675	$	475,906