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SEGMENT DATA
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
SEGMENT DATA
17. SEGMENT DATA:
 
During the year ended December 31, 2022, we measured segment performance based on operating income (loss). Prior to the Deconsolidation on March 1, 2022, we had two reportable segments: broadcast and local sports. Our broadcast segment provides free over-the-air programming to television viewing audiences for stations in markets located throughout the continental United States, as well as distributes the content of these stations to MVPDs for distribution to their customers in exchange for contractual fees. See Revenue Recognition under Note 1. Nature of Operations and Summary of Significant Accounting Policies for further detail. Prior to the Deconsolidation, our local sports segment provided viewers with live professional sports content and included the Bally RSNs, Marquee, and a minority equity interest in the YES Network. See Deconsolidation of Diamond Sports Intermediate Holdings LLC within Note 1. Nature of Operations and Summary of Significant Accounting Policies. Other and corporate are not reportable segments but are included for reconciliation purposes. Other primarily consists of original networks and content, including Tennis, non-broadcast digital and internet solutions, technical services, and non-media investments. Corporate costs primarily include our costs to operate as a public company and to operate our corporate headquarters location. All of our businesses are located within the United States.

Segment financial information is included in the following tables for the years ended December 31, 2022, 2021, and 2020 (in millions):

As of December 31, 2022BroadcastLocal sportsOther & CorporateEliminationsConsolidated
Goodwill$2,016 $— $72 $— $2,088 
Assets4,436 — 2,268 — 6,704 

As of December 31, 2021BroadcastLocal sportsOther & CorporateEliminationsConsolidated
Goodwill$2,016 $— $72 $— $2,088 
Assets4,793 5,769 2,009 (30)12,541 

For the year ended December 31, 2022BroadcastLocal sports (d)Other & CorporateEliminationsConsolidated
Revenue$3,071 (e)$482 $473 $(98)(c)$3,928 
Depreciation of property and equipment and amortization of definite-lived intangible assets and other assets240 54 30 (3)321 
Amortization of sports programming rights (a)— 326 — — 326 
Amortization of program contract costs72 — 18 — 90 
Corporate general and administrative expenses117 1 42 — 160 
Gain on deconsolidation of subsidiary— — (3,357)(f)— (3,357)
Gain on asset dispositions and other, net of impairment(15)(b)— (49)— (64)
Operating income (loss)607 (b)(4)3,377 — 3,980 
Interest expense including amortization of debt discount and deferred financing costs3 72 235 (14)296 
Income from equity method investments— 10 46 — 56 
Capital expenditures96 2 7 — 105 
For the year ended December 31, 2021BroadcastLocal sportsOther & CorporateEliminationsConsolidated
Revenue$2,757 $3,056 $481 $(160)(c)$6,134 
Depreciation of property and equipment and amortization of definite-lived intangible assets and other assets247 316 31 (3)591 
Amortization of sports programming rights (a)— 2,350 — — 2,350 
Amortization of program contract costs76 — 17 — 93 
Corporate general and administrative expenses147 10 13 — 170 
Gain on asset dispositions and other, net of impairment(24)(b)(43)(b)(4)— (71)
Operating income (loss)374 (b)(317)(b)39 (1)95 
Interest expense including amortization of debt discount and deferred financing costs4 436 192 (14)618 
Income (loss) from equity method investments— 49 (4)— 45 
Capital expenditures52 16 12 — 80 
 
For the year ended December 31, 2020BroadcastLocal sportsOther & CorporateEliminationsConsolidated
Revenue$2,922 $2,686 $451 $(116)(c)$5,943 
Depreciation of property and equipment and amortization of definite-lived intangible assets and other assets239 410 27 (2)674 
Amortization of sports programming rights (a)— 1,078 — — 1,078 
Amortization of program contract costs83 — 3 — 86 
Corporate general and administrative expenses119 10 19 — 148 
(Gain) loss on asset dispositions and other, net of impairment(118)(b)— 3 — (115)
Impairment of goodwill and definite-lived intangible assets— 4,264 — — 4,264 
Operating income (loss)789 (b)(3,602)47 (6)(2,772)
Interest expense including amortization of debt discount and deferred financing costs5 460 203 (12)656 
Income (loss) from equity method investments— 6 (42)— (36)
Capital expenditures101 24 32 — 157 
(a)The amortization of sports programming rights is included within media programming and production expenses on our consolidated statements of operations.
(b)Includes gains of $4 million related to reimbursements for spectrum repack costs, $67 million related to the fair value of equipment that we received for the C-Band spectrum repack and reimbursements for spectrum repack costs, and $90 million related to reimbursements for spectrum repack costs for the years ended December 31, 2022, 2021, and 2020, respectively. See Note 2. Acquisitions and Dispositions of Assets.
(c)Includes $26 million, $111 million, and $100 million of revenue for the years ended December 31, 2022, 2021, and 2020, respectively, for services provided by broadcast to local sports and other and $58 million for the year ended December 31, 2022 for services provided by other to broadcast, which are eliminated in consolidation.
(d)Represents the activity prior to the Deconsolidation on March 1, 2022. See Deconsolidation of Diamond Sports Intermediate Holdings LLC within Note 1. Nature of Operations and Summary of Significant Accounting Policies.
(e)Includes $39 million for the year ended December 31, 2022 of revenue for services provided by broadcast under management services agreements after the Deconsolidation, which is not eliminated in consolidation. See Deconsolidation of Diamond Sports Intermediate Holdings LLC within Note 1. Nature of Operations and Summary of Significant Accounting Policies.
(f)Represents the gain recognized on the Deconsolidation. See Deconsolidation of Diamond Sports Intermediate Holdings LLC within Note 1. Nature of Operations and Summary of Significant Accounting Policies.