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Impairment of FCC Broadcasting Licenses (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Assumptions Used in Impairment Assessment Using Significant Unobservable Inputs

The methodology used by us in determining our key estimates and assumptions was applied consistently to each market. Below are some of the key assumptions used in our impairment assessment using significant unobservable inputs (Level 3 non-reoccurring fair value measure).

 

 

 

September 30, 2015

Discount Rate

 

10.0%

Long-term Revenue Growth Rate

 

0.5% - 1.5%

Mature Market Share

 

2.7% - 23.1%

Mature Operating Profit Margin

 

29.0 – 34.7%