Quarterly report pursuant to Section 13 or 15(d)

Impairment of Goodwill and Other Indefinite-Lived Intangible Assets (Tables)

v3.10.0.1
Impairment of Goodwill and Other Indefinite-Lived Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Fair Value Measurement Inputs and Valuation Techniques

The assumptions used reflect those of a hypothetical market participant and not necessarily the actual or projected results of Salem. The key estimates and assumptions used in the start-up income valuation for our broadcast licenses were as follows:

 

Long-term market revenue growth rate

   1.9%

Operating profit margin ranges

   (13.9)% -30.8%

Risk-adjusted discount rate

   9.0%