NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2023

The following table presents our revenue disaggregated by type and segment (in millions):


For the three months ended September 30, 2023	Local Media		Tennis		Other		Eliminations		Total
Distribution revenue	$	365	$	49	$	—	$	—	$	414
Advertising revenue	292		9		6		(3)		304
Other media, non-media, and intercompany revenues	40		1		11		(3)		49
Total revenues	$	697	$	59	$	17	$	(6)	$	767

For the nine months ended September 30, 2023	Local Media		Tennis		Other		Eliminations		Total
Distribution revenue	$	1,118	$	140	$	—	$	—	$	1,258
Advertising revenue	881		32		18		(9)		922
Other media, non-media, and intercompany revenues	102		2		30		(6)		128
Total revenues	$	2,101	$	174	$	48	$	(15)	$	2,308

For the three months ended September 30, 2022	Local Media		Tennis		Other		Eliminations		Total
Distribution revenue	$	381	$	44	$	—	$	—	$	425
Advertising revenue	367		9		6		(8)		374
Other media, non-media, and intercompany revenues	33		1		11		(1)		44
Total revenues	$	781	$	54	$	17	$	(9)	$	843

For the nine months ended September 30, 2022	Local Media		Tennis		Local Sports		Other		Eliminations		Total
Distribution revenue	$	1,159	$	136	$	433	$	—	$	—	$	1,728
Advertising revenue	1,023		28		44		33		(17)		1,111
Other media, non-media, and intercompany revenues	113		4		5		41		(34)		129
Total revenues	$	2,295	$	168	$	482	$	74	$	(51)	$	2,968

The following table presents SBG's revenue disaggregated by type and segment (in millions):


For the three months ended September 30, 2023	Local Media		Total
Distribution revenue	$	365	$	365
Advertising revenue	292		292
Other media, non-media, and intercompany revenues	40		40
Total revenues	$	697	$	697

For the nine months ended September 30, 2023	Local Media		Other		Eliminations		Total
Distribution revenue	$	1,118	$	76	$	—	$	1,194
Advertising revenue	881		29		(5)		905
Other media, non-media, and intercompany revenues	102		14		(2)		114
Total revenues	$	2,101	$	119	$	(7)	$	2,213

For the three months ended September 30, 2022	Local Media		Other		Eliminations		Total
Distribution revenue	$	381	$	44	$	—	$	425
Advertising revenue	367		15		(8)		374
Other media, non-media, and intercompany revenues	33		12		(1)		44
Total revenues	$	781	$	71	$	(9)	$	843

For the nine months ended September 30, 2022	Local Media		Local Sports		Other		Eliminations		Total
Distribution revenue	$	1,159	$	433	$	136	$	—	$	1,728
Advertising revenue	1,023		44		61		(17)		1,111
Other media, non-media, and intercompany revenues	113		5		45		(34)		129
Total revenues	$	2,295	$	482	$	242	$	(51)	$	2,968