CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS  FOR THE YEAR ENDED DECEMBER 31, 2008  (In thousands)  Sinclair  Broadcast  Group, Inc.  Sinclair  Television  Group, Inc.  Guarantor  Subsidiaries  and KDSM,  LLC  Non- Guarantor  Subsidiaries Eliminations Sinclair  Consolidated Net revenue  $ —  $ —  $ 701,455  $ 65,970  $ (12,951) $ 754,474  Program and production  —  1,002  167,043  219  (9,299)  158,965  Selling, general and administrative  18,147  6,429  133,650  4,631  (430)  162,427  Depreciation, amortization and other  operating expenses  1,974  582 614,451 98,822 5,712 721,541 Total operating expenses  20,121  8,013  915,144  103,672  (4,017)  1,042,933  Operating loss  (20,121)  (8,013)  (213,689)  (37,702)  (8,934)  (288,459)  Equity in losses of consolidated  subsidiaries  (187,454) (172,429) — — 359,883 — Interest income 1,081  8,892  9  1,181  (10,420)  743  Interest expense  (43,754)  (34,374) (6,885) (15,098) 12,477 (87,634) Other income (expense) 21,174  27,134  (39,655)  (1,939)  (1,248)  5,466  Total other expense (208,953)  (170,777) (46,531) (15,856) 360,692 (81,425) Income tax benefit  15,308  5,195  87,923  12,936  —  121,362  (Loss) income from discontinued  operations, net of taxes  (358)  —  217  —  —  (141)  Net loss  (214,124)  (173,595)  (172,080)  (40,622)  351,758  (248,663)  Net loss attributable to the  noncontrolling interest  — — — — 2,133 2,133 Net (loss) income attributable to Sinclair  Broadcast Group  $ (214,124)  $ (173,595)  $ (172,080)  $ (40,622)  $ 353,891 $ (246,530)  2010 Annual Report    65 