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Broadcast Rights and Other Broadcast Commitments
12 Months Ended
Dec. 31, 2012
Broadcast Rights and Other Broadcast Commitments [Abstract]  
Broadcast Rights and Other Broadcast Commitments NOTE 10 Broadcast Rights and Other Broadcast Commitments

NOTE 10

Broadcast Rights and Other Broadcast Commitments

The Company acquires broadcast rights in the ordinary course of business. The impact of such contracts on the Company’s overall financial results is dependent on a number of factors, including popularity of the program, increased competition from other programming and strength of the advertising market. It is possible that the cost of commitments for program rights may ultimately exceed direct revenue from the program. Estimates of future revenues can change significantly and, accordingly, are reviewed periodically to determine whether impairment is expected over the life of the contract.

Broadcast rights acquired under contractual arrangements were $9.8 million, $10.8 million and $11.9 million in 2012, 2011 and 2010, respectively. At December 31, 2012, the Company had commitments under license agreements amounting to $18.3 million for future rights to broadcast television programs and network affiliate agreements through 2018. The Company also has the right to sell available advertising time for a third party radio station. Commitments for these rights were approximately $2.2 million through 2013.