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INTANGIBLE ASSETS AND GOODWILL (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of the Changes in Broadcasting License The following table presents the changes in the carrying value of broadcasting licenses. Refer to Note 3, Business Combinations, and Note 22, Assets Held For Sale, for additional information.
Broadcasting Licenses
Carrying Amount
December 31,
2022
December 31,
2021
(amounts in thousands)
Broadcasting licenses balance as of January 1,$2,251,546 $2,229,016 
Disposition of radio stations (see Note 3)(4,377)— 
Acquisitions (see Note 3)2,002 23,233 
Loss on impairment (See Note 14)(159,089)— 
       Assets held for sale (see Note 22)(856)(703)
Ending period balance$2,089,226 $2,251,546 
Schedule of Changes in Goodwill The following table presents the changes in goodwill. Refer to Note 3, Business Combinations, for additional information.
Goodwill Carrying Amount
December 31,
2022
December 31,
2021
(amounts in thousands)
Goodwill balance before cumulative loss on impairment as of January 1,$1,062,723 $1,042,762 
Accumulated loss on impairment as of January 1,(980,547)(980,547)
Goodwill beginning balance after cumulative loss on impairment as of
January 1,
82,176 62,215 
        Loss on impairment(18,126)— 
        Acquisitions (see Note 3)— 20,099 
        Measurement period adjustments to acquired goodwill(135)(138)
Ending period balance$63,915 $82,176 
Goodwill balance before cumulative loss on impairment as of December 31,$1,062,588 $1,062,723 
Accumulated loss on impairment as of December 31,(998,673)(980,547)
Goodwill ending balance as of December 31,$63,915 $82,176 
Schedule of Assumptions and Estimates for Broadcasting Licenses Impairment Testing The following table reflects the estimates and assumptions used in the interim and annual broadcasting licenses impairment assessments of each year.
Estimates And Assumptions
Fourth Quarter
2022
Third Quarter
2022
Fourth Quarter
2021
Fourth Quarter 2020Third Quarter
2020
Second Quarter 2020
Discount rate9.50 %9.50 %8.50 %8.50 %7.50 %8.00 %
Operating profit margin ranges for average stations in markets where the Company operates
18% to 33%
20% to 33%
20% to 33%
20% to 36%
24% to 36%
22% to 36%
Forecasted growth rate (including long-term growth rate) range of the Company's markets
0.0% to 0.6%
0.0% to 0.6%
0.0% to 0.6%
0.0% to 0.6%
0.0% to 0.7%
0.0% to 0.8%
Schedule of Assumptions and Estimates for Goodwill Impairment Testing
The following table reflects the estimates and assumptions used in the interim and annual goodwill impairment assessments of each year:
Estimates And Assumptions
Fourth Quarter 2022Third Quarter 2022Fourth Quarter 2021Fourth Quarter 2020
Discount rate - podcast reporting unit11.0 %11.0 %9.5 %not applicable
Discount rate - QLGG reporting unitnot applicable13.0 %12.0 %not applicable