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GOODWILL, RADIO BROADCASTING LICENSES AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Radio Broadcasting Licenses [Abstract]  
Schedule Of Radio Broadcasting Licenses Impairment [Table Text Block]
 
Radio Broadcasting
 
October 1,
 
 
October 1,
 
 
October 1,
 
Licenses
 
2016
 
 
2015
 
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impairment charge (in millions)
 
$
1.3
 
 
$
23.6
 
 
$
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Discount Rate
 
 
9.0
%
 
 
9.5
%
 
 
9.5
%
Year 1 Market Revenue Growth Rate Range
 
 
1.0% – 2.4
%
 
 
0.7% – 2.2
%
 
 
0.3% – 1.0
%
Long-term Market Revenue Growth Rate Range (Years 6 – 10)
 
 
0.5% – 1.5
%
 
 
0.5% – 1.5
%
 
 
1.0% – 2.0
%
Mature Market Share Range
 
 
6.9% – 25.8
%
 
 
7.0% – 25.8
%
 
 
6.9% – 25.2
%
Mature Operating Profit Margin Range
 
 
30.5% – 51.8
%
 
 
30.5% – 50.4
%
 
 
30.0% – 48.4
%
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]
 
 
Radio Broadcasting Licenses
 
 
 
Carrying Balances
 
 
 
As of
 
Net
 
 
As of
 
 
 
December
 
Increase
 
 
December
 
Unit of Accounting
 
31, 2015
 
(Decrease)
 
 
31, 2016
 
 
 
(In thousands )
 
Unit of Accounting 2
 
$
3,086
 
$
 
 
$
3,086
 
Unit of Accounting 4
 
 
16,142
 
 
 
 
 
16,142
 
Unit of Accounting 5
 
 
16,100
 
 
210
 
 
 
16,310
 
Unit of Accounting 7
 
 
15,871
 
 
 
 
 
15,871
 
Unit of Accounting 14
 
 
20,434
 
 
 
 
 
20,434
 
Unit of Accounting 15
 
 
20,736
 
 
 
 
 
20,736
 
Unit of Accounting 11
 
 
21,135
 
 
 
 
 
21,135
 
Unit of Accounting 9
 
 
34,270
 
 
 
 
 
34,270
 
Unit of Accounting 6
 
 
22,642
 
 
 
 
 
22,642
 
Unit of Accounting 16
 
 
52,965
 
 
 
 
 
52,965
 
Unit of Accounting 13
 
 
47,846
 
 
 
 
 
47,846
 
Unit of Accounting 8
 
 
62,015
 
 
 
 
 
62,015
 
Unit of Accounting 12
 
 
49,663
 
 
 
 
 
49,663
 
Unit of Accounting 1
 
 
93,394
 
 
 
 
 
93,394
 
Unit of Accounting 10
 
 
166,940
 
 
 
 
 
166,940
 
Total
 
$
643,239
 
$
210
*
 
$
643,449
 
 
* The amount listed is net of an impairment charge of approximately $1.3 million.
Schedule Of Good Will Impairment Test Radio Marketing Unit [Table Text Block]
 
Goodwill (Radio Market
 
October 1,
 
 
October 1,
 
 
October 1,
 
Reporting Units)
 
2016 (a)
 
 
2015 (a)
 
 
2014 (a)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impairment charge (in millions)
 
$
 
 
$
3.1
 
 
$
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Discount Rate
 
 
9.0
%
 
 
9.5
%
 
 
9.5
%
Year 1 Market Revenue Growth Rate Range
 
 
(9.4)% – 29.4
%
 
 
(9.0)% – 23.3
%
 
 
0.3% – 1.0
%
Long-term Market Revenue Growth Rate Range (Years 6 – 10)
 
 
0.5% – 1.5
%
 
 
0.5% – 1.5
%
 
 
1.0% - 2.0
%
Mature Market Share Range
 
 
8.1% - 18.4
%
 
 
8.0% - 19.1
%
 
 
7.2% - 19.5
%
Mature Operating Profit Margin Range
 
 
26.3% - 53.8
%
 
 
25.6% - 53.3
%
 
 
26.4% - 52.2
%
 
(a)
Reflects the key assumptions for testing only those radio markets with remaining goodwill.
Schedule Of Goodwill Impairment Test Reach Media Goodwill [Table Text Block]
 
 
October 1,
 
 
October 1,
 
 
October 1,
 
Reach Media Segment Goodwill
 
2016
 
 
2015
 
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impairment charge (in millions)
 
$
 
 
$
 
 
$
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Discount Rate
 
 
10.5
%
 
 
11.5
%
 
 
12.0
%
Year 1 Revenue Growth Rate
 
 
(0.3)
%
 
 
(0.6)
%
 
 
1.5
%
Long-term Revenue Growth Rate (Year 5)
 
 
1.0
%
 
 
1.5
%
 
 
1.9
%
Operating Profit Margin Range
 
 
15.1% – 17.5
%
 
 
14.0% – 15.7
%
 
 
10.0% – 14.9
%
Schedule Of Goodwill Impairment Test Goodwill Internet Segment [Table Text Block]
 
 
October 1,
 
 
October 1,
 
 
September 30,
 
 
October 1,
 
Internet Segment Goodwill
 
2016
 
 
2015
 
 
2015
 
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impairment charge (in millions)
 
$
 
 
$
 
 
$
14.5
 
 
$
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Discount Rate
 
 
12.5
%
 
 
14.0
%
 
 
14.0
%
 
 
13.5
%
Year 1 Revenue Growth Rate
 
 
9.8
%
 
 
5.3
%
 
 
5.3
%
 
 
11.8
%
Long-term Revenue Growth Rate (Years 6 – 10)
 
 
3.0% - 8.4
%
 
 
2.6% - 4.4
%
 
 
2.6% - 4.4
%
 
 
2.7% - 6.5
%
Operating Profit Margin Range
 
 
(9.8)% - 20.3
%
 
 
4.5% - 23.9
%
 
 
4.5% - 23.9
%
 
 
9.1% - 25.6
%
Schedule Of Goodwill Impairment Test Cable Television Goodwill [Table Text Block]
 
 
October 1,
 
 
October 1,
 
 
October 1,
 
Cable Television Segment Goodwill
 
2016
 
 
2015
 
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impairment charge (in millions)
 
$
 
 
$
 
 
$
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Discount Rate
 
 
11.0
%
 
 
10.8
%
 
 
10.4
%
Year 1 Revenue Growth Rate
 
 
7.4
%
 
 
7.1
%
 
 
11.5
%
Long-term Revenue Growth Rate Range (Years 6 – 10)
 
 
2.3% - 2.9
%
 
 
2.7% - 4.2
%
 
 
2.7% - 4.7
%
Operating Profit Margin Range
 
 
40.2% - 44.3
%
 
 
37.6% - 38.7
%
 
 
29.8% - 36.1
%
Schedule Of Changes In Carrying Amount Of Goodwill [Table Text Block]
The table below presents the changes in Company’s goodwill carrying values for its four reportable segments during 2016, 2015 and 2014:  
 
 
 
Radio
 
 
 
 
 
Cable
 
 
 
 
 
Broadcasting
 
Reach Media
 
Internet
 
Television
 
 
 
 
 
Segment
 
Segment
 
Segment
 
Segment
 
Total
 
 
 
(In thousands)
 
Gross goodwill
 
$
152,151
 
$
30,468
 
$
21,816
 
$
165,044
 
$
369,479
 
Accumulated impairment losses
 
 
(81,328)
 
 
(16,114)
 
 
 
 
 
 
(97,442)
 
Additions
 
 
2,712
 
 
 
 
606
 
 
 
 
3,318
 
Impairments
 
 
 
 
 
 
 
 
 
 
 
Net goodwill at December 31, 2014
 
$
73,535
 
$
14,354
 
$
22,422
 
$
165,044
 
$
275,355
 
Gross goodwill
 
$
154,863
 
$
30,468
 
$
22,422
 
$
165,044
 
$
372,797
 
Accumulated impairment losses
 
 
(81,328)
 
 
(16,114)
 
 
 
 
 
 
(97,442)
 
Additions
 
 
 
 
 
 
582
 
 
 
 
582
 
Impairments
 
 
(3,108)
 
 
 
 
(14,545)
 
 
 
 
(17,653)
 
Net goodwill at December 31, 2015
 
$
70,427
 
$
14,354
 
$
8,459
 
$
165,044
 
$
258,284
 
Gross goodwill
 
$
154,863
 
$
30,468
 
$
23,004
 
$
165,044
 
$
373,379
 
Accumulated impairment losses
 
 
(84,436)
 
 
(16,114)
 
 
(14,545)
 
 
 
 
(115,095)
 
Additions
 
 
 
 
 
 
 
 
 
 
 
Impairments
 
 
 
 
 
 
 
 
 
 
 
Net goodwill at December 31, 2016
 
$
70,427
 
$
14,354
 
$
8,459
 
$
165,044
 
$
258,284
 
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Other intangible assets, excluding goodwill, radio broadcasting licenses and the unamortized brand name, are being amortized on a straight-line basis over various periods. Other intangible assets consist of the following: 
 
 
 
 
 
 
 
Remaining
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
Average
 
 
 
As of December 31,
 
Period of
 
Period of
 
 
 
2016
 
2015
 
Amortization
 
Amortization
 
 
 
(In thousands)
 
 
 
 
 
Trade names
 
$
17,344
 
$
17,344
 
2-5 Years
 
 
2.2 Years
 
Intellectual property
 
 
9,531
 
 
9,531
 
4-10 Years
 
 
0.9 Years
 
Affiliate agreements
 
 
178,986
 
 
178,986
 
8 Years
 
 
2.3 Years
 
Acquired income leases
 
 
127
 
 
44
 
3-15 Years
 
 
12.1 Years
 
Advertiser agreements
 
 
44,871
 
 
44,871
 
2-12 Years
 
 
6.3 Years
 
Favorable office and transmitter leases
 
 
2,097
 
 
2,097
 
2-60 Years
 
 
40.6 Years
 
Brand names
 
 
2,853
 
 
2,853
 
10 Years
 
 
8.1 Years
 
Brand names - unamortized
 
 
39,690
 
 
39,690
 
Indefinite
 
 
 
ABL facility debt costs
 
 
421
 
 
 
Debt term
 
 
4.2 Years
 
Launch assets
 
 
1,784
 
 
726
 
Contract length
 
 
8.0 Years
 
Other intangibles
 
 
609
 
 
606
 
1-5 Years
 
 
1.7 Years
 
 
 
 
298,313
 
 
296,748
 
 
 
 
 
 
Less: Accumulated amortization
 
 
(181,713)
 
 
(155,315)
 
 
 
 
 
 
Other intangible assets, net
 
$
116,600
 
$
141,433
 
 
 
 
3.5 Years
 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The following table presents the Company’s estimate of amortization expense for the years 2017 through 2021 for intangible assets:
 
 
 
(In thousands)
 
2017
 
$
26,013
 
2018
 
$
25,904
 
2019
 
$
10,045
 
2020
 
$
3,519
 
2021
 
$
964