Goodwill and Intangibles (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill Balances

The changes in the carrying amount of goodwill as of September 30, 2023, and since December 26, 2021, were as follows:

(In thousands)	NYTG		The Athletic		Total
Balance as of December 26, 2021	$	166,360	$	—	$	166,360
Foreign currency translation	(3,674)		—		(3,674)
Acquisition of The Athletic Media Company	—		249,792		249,792
Measurement period adjustments	—		1,568		1,568
Balance as of December 31, 2022	162,686		251,360		414,046
Foreign currency translation	(740)		—		(740)
Balance as of September 30, 2023	$	161,946	$	251,360	$	413,306

Schedule of Finite-Lived Intangible Assets

As of September 30, 2023, the gross book value and accumulated amortization of the finite-lived intangible assets were as follows:

(In thousands)	Gross Book Value		Accumulated Amortization		Net Book Value		Remaining Weighted-Average Useful Life (Years)
Trademark	$	162,618	$	(15,492)	$	147,126	18.5
Existing subscriber base	136,500		(20,250)		116,250		10.5
Developed technology	38,401		(13,546)		24,855		3.5
Content archive	5,751		(3,640)		2,111		2.5
Total finite-lived intangibles	$	343,270	$	(52,928)	$	290,342	13.9

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated aggregate amortization expense for the remainder of 2023 and each of the following fiscal years ending December 31 is presented below:

(In thousands)
Remainder of 2023	$	7,322
2024	27,487
2025	27,213
2026	26,960
2027	20,171
Thereafter	181,189
Total amortization expense	$	290,342