NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2024

Segment data

Schedule of Disaggregation of Revenue

The following table presents our revenue disaggregated by type and segment (in millions):

For the three months ended March 31, 2024	Local Media		Tennis		Other		Eliminations		Total
Distribution revenue	$	384	$	52	$	—	$	—	$	436
Core advertising revenue	284		10		6		(3)		297
Political advertising revenue	24		—		—		—		24
Other media, non-media, and intercompany revenues	35		1		9		(4)		41
Total revenues	$	727	$	63	$	15	$	(7)	$	798
For the three months ended March 31, 2023	Local Media		Tennis		Other		Eliminations		Total
Distribution revenue	$	381	$	45	$	—	$	—	$	426
Core advertising revenue	293		9		6		(2)		306
Political advertising revenue	3		—		—		—		3
Other media, non-media, and intercompany revenues	28		1		11		(2)		38
Total revenues	$	705	$	55	$	17	$	(4)	$	773

Sinclair Broadcast Group, LLC

Segment data

Schedule of Disaggregation of Revenue

The following table presents SBG's revenue disaggregated by type and segment (in millions):

For the three months ended March 31, 2024	Local Media
Distribution revenue	$	384
Core advertising revenue	284
Political advertising revenue	24
Other media and intercompany revenues	35
Total revenues	$	727
For the three months ended March 31, 2023	Local Media		Other		Eliminations		Total
Distribution revenue	$	381	$	45	$	—	$	426
Core advertising revenue	293		15		(2)		306
Political advertising revenue	3		—		—		3
Other media, non-media, and intercompany revenues	28		12		(2)		38
Total revenues	$	705	$	72	$	(4)	$	773