our combined u.s. networks , international networks and corporate and inter-segment eliminations pro forma information is based on the historical operating results of the respective businesses as applicable to each segment and includes adjustments directly attributable to the prior year scripps networks acquisition as if it had occurred on january 1 , 2017 , such as : 1. the impact of the purchase price allocation to the fair value of assets , liabilities , and noncontrolling interests , such as intangible amortization ; 2. adjustments to remove items associated with the acquisition of scripps networks that will not have a continuing impact on the combined entity , such as transaction costs and the impact of employee retention agreements ; and 3. changes to align accounting policies . 38 adjustments do not include costs related to integration activities , cost savings or synergies that have been or may be achieved by the combined businesses . pro forma amounts are not necessarily indicative of what our results would have been had we operated scripps networks since january 1 , 2017 and should not be taken as indicative of the company 's future consolidated results of operations . consolidated results of operations – 2019 vs. 2018 our consolidated results of operations for 2019 and 2018 were as follows ( in millions ) . replace_table_token_4_th nm - not meaningful 39 revenues our advertising revenue is generated across multiple platforms and consists of consumer advertising , which is sold primarily on a national basis in the u.s. and on a pan-regional or local-language feed basis outside the u.s. advertising contracts generally have a term of one year or less . advertising revenue is dependent upon a number of factors , including the stage of development of television markets , the popularity of fta television , the number of subscribers to our channels , viewership demographics , the popularity of our content and our ability to sell commercial time over a group of channels . revenue from advertising is subject to seasonality , market-based variations , the mix in sales of commercial time between the upfront and scatter markets , and general economic conditions . advertising revenue is typically highest in the second and fourth quarters . in some cases , advertising sales are subject to ratings guarantees that require us to provide additional advertising time if the guaranteed audience levels are not achieved . we also generate revenue from the sale of advertising through our digital products on a stand-alone basis and as part of advertising packages with our television networks . advertising revenue increase d 10 % for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , advertising revenue increase d 12 % . on a pro forma combined basis excluding the impact of foreign currency fluctuations , advertising revenue increase d 3 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the increase was primarily a result of an increase of 3 % and 4 % at u.s. networks and international networks , respectively . increases at u.s. networks were attributable to increases in pricing , and to a lesser extent , the continued monetization of digital content offerings and inventory , partially offset by lower overall ratings and the secular declines in the pay television ecosystem . increases at international networks were primarily driven by the consolidation of the uktv lifestyle business , growth in dtc initiatives and to a lesser extent , higher pricing in certain markets in europe , partially offset by the impact of the olympics in 2018. distribution revenue consists principally of fees from affiliates for distributing our linear networks , supplemented by revenue earned from svod content licensing and other emerging forms of digital distribution . the largest component of distribution revenue is comprised of linear distribution services for rights to our networks from cable , dth satellite and telecommunication service providers . we have contracts with distributors representing most cable and satellite service providers around the world , including the largest operators in the u.s. and major international distributors . distribution revenues are largely dependent on the rates negotiated in the agreements , the number of subscribers that receive our networks or content , the number of platforms covered in the distribution agreement , and the market demand for the content that we provide . from time to time , renewals of multi-year carriage agreements include significant year one market adjustments to re-set subscriber rates , which then increase at rates lower than the initial increase in the following years . in some cases , we have provided distributors launch incentives , in the form of cash payments or free periods , to carry our networks . distribution revenue also includes fees charged for bulk content arrangements and other subscription services for episodic content . these digital distribution revenues are impacted by the quantity , as well as the quality , of the content we provide . distribution revenue increase d 7 % for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , distribution revenue increase d 9 % . on a pro forma combined basis excluding the impact of foreign currency fluctuations , distribution revenue increase d 5 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the increase was primarily a result of an increase of 5 % at both u.s. networks and international networks . increases at u.s. networks were attributable to increases in contractual affiliate rates and additional carriage on virtual multichannel video programming distributors , partially offset by a decline in overall subscribers . increases at international networks were primarily attributable to the impact of certain content licensing arrangements in our latin america business unit , higher affiliate rates in europe and monetization of dtc initiatives in europe and asia . story_separator_special_tag excluding the impact of foreign currency fluctuations , distribution revenue increase d 7 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , distribution revenue increase d 5 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the increase was primarily attributable to the impact of certain content licensing arrangements in our latin america business unit , higher affiliate rates in europe and monetization of dtc initiatives in europe and asia . as reported other revenue decrease d $ 156 million for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , other revenue decrease d $ 140 million . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , other revenue decrease d $ 152 million . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the decrease in other revenue was primarily attributable to the impact of sublicensing of olympics sports rights in 2018 . 46 costs of revenues as reported costs of revenues decrease d 7 % for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , costs of revenues decrease d 3 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , costs of revenues decrease d 6 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the decrease was primarily attributable to the impact of costs related to the olympics in 2018 , partially offset by higher investments in linear content and our dtc initiatives and the consolidation of the uktv lifestyle business . as reported content rights expense was $ 1.3 billion and $ 1.4 billion for the years ended december 31 , 2019 and 2018 , respectively . content impairment is generally a component of costs of revenue on the consolidated statements of operations . however , during the year ended december 31 , 2018 , content impairments of $ 184 million were reflected as a component of restructuring and other charges as a result of the strategic programming changes following the acquisition of scripps networks . no content impairments were recorded as a component of restructuring and other charges during the year ended december 31 , 2019 . selling , general and administrative as reported selling , general and administrative expenses increase d 7 % for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , selling , general , and administrative expenses increase d 13 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , selling , general and administrative expenses increase d 11 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the increase was primarily due to investments in technology and personnel as well as higher marketing expenses driven by subscriber acquisition costs for our dtc initiatives , partially offset by the olympics and certain channel launches in asia in 2018. adjusted oibda adjusted oibda decrease d 2 % for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , adjusted oibda increase d 8 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , adjusted oibda increase d 5 % , primarily due to the factors above . other the following table presents revenues , certain operating expenses , adjusted oibda , and a reconciliation of adjusted oibda to operating income ( in millions ) for other . replace_table_token_11_th subsequent to the sale of an 88 % stake in the education business resulting in deconsolidation in 2018 , other only includes activities associated with intercompany sales of productions for our u.s. networks segment . 47 corporate and inter-segment eliminations the following table presents our unallocated corporate amounts including revenue , certain operating expenses , adjusted oibda and a reconciliation of adjusted oibda to operating loss ( in millions ) . replace_table_token_12_th corporate operations primarily consist of executive management , administrative support services , substantially all of our share-based compensation and transaction and integration costs related to the acquisition of scripps networks . the adjusted oibda decrease d 29 % in 2019 as compared to 2018. excluding the impact of foreign currency fluctuations and on a pro forma combined basis adjusted oibda decrease d 24 % , the decreases were primarily due to transformation projects related to technology infrastructure and software development , facilities-related expenses due to real estate consolidation , and higher professional services fees . items impacting comparability the impact of exchange rates on our business is an important factor in understanding period-to-period comparisons of our results . for example , our international revenues are favorably impacted as the u.s. dollar weakens relative to other foreign currencies , and unfavorably impacted as the u.s dollar strengthens relative to other foreign currencies . we believe the presentation of results on a constant currency basis ( ex-fx ) , in addition to results reported in accordance with gaap provides useful information about our operating performance because the presentation ex-fx excludes the effects of foreign currency volatility and highlights our core operating results . the presentation of results on a constant currency basis should be considered in addition to , but not a substitute for , measures of financial performance reported in accordance with gaap . the ex-fx change represents the percentage change on a period-over-period basis adjusted for foreign currency impacts . the ex-fx change is calculated as the difference between the current year amounts translated at a baseline rate , which is a spot rate for each of our currencies determined early in the fiscal year as part of our forecasting process ( the “ 2019 baseline rate ” ) , and the prior year amounts translated at the same

uses of cash our primary uses of cash include the creation and acquisition of new content , business acquisitions , repurchases of our capital stock , income taxes , personnel costs , principal and interest on our outstanding senior notes , and funding for various equity method and other investments . investments and business combinations the company acquired golf digest for $ 36 million in cash and acquired a controlling interest in play sports group limited for $ 41 million in cash . ( see note 3 to the accompanying consolidated financial statements . ) during 2018 , discovery completed the scripps networks acquisition for total consideration of $ 12.0 billion , including cash of $ 8.8 billion and stock of $ 3.2 billion . ( see note 3 to the accompanying consolidated financial statements . ) our uses of cash have included investments in equity method investments and equity investments without readily determinable fair value . ( see note 4 to the accompanying consolidated financial statements . ) we provide funding to our investees from time to time . the company contributed $ 254 million and $ 61 million for investments in and advances to our investees for the years ended december 31 , 2019 and 2018 , respectively . in addition , capital expenditures ( net of proceeds from sale of assets ) increased by $ 206 million during the year ended december 31 , 2019. redeemable noncontrolling interest and noncontrolling interest due to business combinations , we also have redeemable equity balances of $ 442 million , which may require the use of cash in the event holders of noncontrolling interests put their interests to the company . ( see note 11 to the accompanying consolidated financial statements . ) distributions to redeemable noncontrolling interests and noncontrolling interests totaled $ 250 million and $ 76 million for the years ended december 31 , 2019 and 2018 , respectively . 50 content acquisition we plan to continue to invest significantly in the creation and acquisition of new content .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```uses of cash our primary uses of cash include the creation and acquisition of new content , business acquisitions , repurchases of our capital stock , income taxes , personnel costs , principal and interest on our outstanding senior notes , and funding for various equity method and other investments . investments and business combinations the company acquired golf digest for $ 36 million in cash and acquired a controlling interest in play sports group limited for $ 41 million in cash . ( see note 3 to the accompanying consolidated financial statements . ) during 2018 , discovery completed the scripps networks acquisition for total consideration of $ 12.0 billion , including cash of $ 8.8 billion and stock of $ 3.2 billion . ( see note 3 to the accompanying consolidated financial statements . ) our uses of cash have included investments in equity method investments and equity investments without readily determinable fair value . ( see note 4 to the accompanying consolidated financial statements . ) we provide funding to our investees from time to time . the company contributed $ 254 million and $ 61 million for investments in and advances to our investees for the years ended december 31 , 2019 and 2018 , respectively . in addition , capital expenditures ( net of proceeds from sale of assets ) increased by $ 206 million during the year ended december 31 , 2019. redeemable noncontrolling interest and noncontrolling interest due to business combinations , we also have redeemable equity balances of $ 442 million , which may require the use of cash in the event holders of noncontrolling interests put their interests to the company . ( see note 11 to the accompanying consolidated financial statements . ) distributions to redeemable noncontrolling interests and noncontrolling interests totaled $ 250 million and $ 76 million for the years ended december 31 , 2019 and 2018 , respectively . 50 content acquisition we plan to continue to invest significantly in the creation and acquisition of new content .
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 Suspicious Activity Report : our combined u.s. networks , international networks and corporate and inter-segment eliminations pro forma information is based on the historical operating results of the respective businesses as applicable to each segment and includes adjustments directly attributable to the prior year scripps networks acquisition as if it had occurred on january 1 , 2017 , such as : 1. the impact of the purchase price allocation to the fair value of assets , liabilities , and noncontrolling interests , such as intangible amortization ; 2. adjustments to remove items associated with the acquisition of scripps networks that will not have a continuing impact on the combined entity , such as transaction costs and the impact of employee retention agreements ; and 3. changes to align accounting policies . 38 adjustments do not include costs related to integration activities , cost savings or synergies that have been or may be achieved by the combined businesses . pro forma amounts are not necessarily indicative of what our results would have been had we operated scripps networks since january 1 , 2017 and should not be taken as indicative of the company 's future consolidated results of operations . consolidated results of operations – 2019 vs. 2018 our consolidated results of operations for 2019 and 2018 were as follows ( in millions ) . replace_table_token_4_th nm - not meaningful 39 revenues our advertising revenue is generated across multiple platforms and consists of consumer advertising , which is sold primarily on a national basis in the u.s. and on a pan-regional or local-language feed basis outside the u.s. advertising contracts generally have a term of one year or less . advertising revenue is dependent upon a number of factors , including the stage of development of television markets , the popularity of fta television , the number of subscribers to our channels , viewership demographics , the popularity of our content and our ability to sell commercial time over a group of channels . revenue from advertising is subject to seasonality , market-based variations , the mix in sales of commercial time between the upfront and scatter markets , and general economic conditions . advertising revenue is typically highest in the second and fourth quarters . in some cases , advertising sales are subject to ratings guarantees that require us to provide additional advertising time if the guaranteed audience levels are not achieved . we also generate revenue from the sale of advertising through our digital products on a stand-alone basis and as part of advertising packages with our television networks . advertising revenue increase d 10 % for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , advertising revenue increase d 12 % . on a pro forma combined basis excluding the impact of foreign currency fluctuations , advertising revenue increase d 3 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the increase was primarily a result of an increase of 3 % and 4 % at u.s. networks and international networks , respectively . increases at u.s. networks were attributable to increases in pricing , and to a lesser extent , the continued monetization of digital content offerings and inventory , partially offset by lower overall ratings and the secular declines in the pay television ecosystem . increases at international networks were primarily driven by the consolidation of the uktv lifestyle business , growth in dtc initiatives and to a lesser extent , higher pricing in certain markets in europe , partially offset by the impact of the olympics in 2018. distribution revenue consists principally of fees from affiliates for distributing our linear networks , supplemented by revenue earned from svod content licensing and other emerging forms of digital distribution . the largest component of distribution revenue is comprised of linear distribution services for rights to our networks from cable , dth satellite and telecommunication service providers . we have contracts with distributors representing most cable and satellite service providers around the world , including the largest operators in the u.s. and major international distributors . distribution revenues are largely dependent on the rates negotiated in the agreements , the number of subscribers that receive our networks or content , the number of platforms covered in the distribution agreement , and the market demand for the content that we provide . from time to time , renewals of multi-year carriage agreements include significant year one market adjustments to re-set subscriber rates , which then increase at rates lower than the initial increase in the following years . in some cases , we have provided distributors launch incentives , in the form of cash payments or free periods , to carry our networks . distribution revenue also includes fees charged for bulk content arrangements and other subscription services for episodic content . these digital distribution revenues are impacted by the quantity , as well as the quality , of the content we provide . distribution revenue increase d 7 % for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , distribution revenue increase d 9 % . on a pro forma combined basis excluding the impact of foreign currency fluctuations , distribution revenue increase d 5 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the increase was primarily a result of an increase of 5 % at both u.s. networks and international networks . increases at u.s. networks were attributable to increases in contractual affiliate rates and additional carriage on virtual multichannel video programming distributors , partially offset by a decline in overall subscribers . increases at international networks were primarily attributable to the impact of certain content licensing arrangements in our latin america business unit , higher affiliate rates in europe and monetization of dtc initiatives in europe and asia . story_separator_special_tag excluding the impact of foreign currency fluctuations , distribution revenue increase d 7 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , distribution revenue increase d 5 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the increase was primarily attributable to the impact of certain content licensing arrangements in our latin america business unit , higher affiliate rates in europe and monetization of dtc initiatives in europe and asia . as reported other revenue decrease d $ 156 million for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , other revenue decrease d $ 140 million . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , other revenue decrease d $ 152 million . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the decrease in other revenue was primarily attributable to the impact of sublicensing of olympics sports rights in 2018 . 46 costs of revenues as reported costs of revenues decrease d 7 % for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , costs of revenues decrease d 3 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , costs of revenues decrease d 6 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the decrease was primarily attributable to the impact of costs related to the olympics in 2018 , partially offset by higher investments in linear content and our dtc initiatives and the consolidation of the uktv lifestyle business . as reported content rights expense was $ 1.3 billion and $ 1.4 billion for the years ended december 31 , 2019 and 2018 , respectively . content impairment is generally a component of costs of revenue on the consolidated statements of operations . however , during the year ended december 31 , 2018 , content impairments of $ 184 million were reflected as a component of restructuring and other charges as a result of the strategic programming changes following the acquisition of scripps networks . no content impairments were recorded as a component of restructuring and other charges during the year ended december 31 , 2019 . selling , general and administrative as reported selling , general and administrative expenses increase d 7 % for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , selling , general , and administrative expenses increase d 13 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , selling , general and administrative expenses increase d 11 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , the increase was primarily due to investments in technology and personnel as well as higher marketing expenses driven by subscriber acquisition costs for our dtc initiatives , partially offset by the olympics and certain channel launches in asia in 2018. adjusted oibda adjusted oibda decrease d 2 % for the year ended december 31 , 2019 . excluding the impact of foreign currency fluctuations , adjusted oibda increase d 8 % . on a pro forma combined basis , excluding the impact of foreign currency fluctuations , adjusted oibda increase d 5 % , primarily due to the factors above . other the following table presents revenues , certain operating expenses , adjusted oibda , and a reconciliation of adjusted oibda to operating income ( in millions ) for other . replace_table_token_11_th subsequent to the sale of an 88 % stake in the education business resulting in deconsolidation in 2018 , other only includes activities associated with intercompany sales of productions for our u.s. networks segment . 47 corporate and inter-segment eliminations the following table presents our unallocated corporate amounts including revenue , certain operating expenses , adjusted oibda and a reconciliation of adjusted oibda to operating loss ( in millions ) . replace_table_token_12_th corporate operations primarily consist of executive management , administrative support services , substantially all of our share-based compensation and transaction and integration costs related to the acquisition of scripps networks . the adjusted oibda decrease d 29 % in 2019 as compared to 2018. excluding the impact of foreign currency fluctuations and on a pro forma combined basis adjusted oibda decrease d 24 % , the decreases were primarily due to transformation projects related to technology infrastructure and software development , facilities-related expenses due to real estate consolidation , and higher professional services fees . items impacting comparability the impact of exchange rates on our business is an important factor in understanding period-to-period comparisons of our results . for example , our international revenues are favorably impacted as the u.s. dollar weakens relative to other foreign currencies , and unfavorably impacted as the u.s dollar strengthens relative to other foreign currencies . we believe the presentation of results on a constant currency basis ( ex-fx ) , in addition to results reported in accordance with gaap provides useful information about our operating performance because the presentation ex-fx excludes the effects of foreign currency volatility and highlights our core operating results . the presentation of results on a constant currency basis should be considered in addition to , but not a substitute for , measures of financial performance reported in accordance with gaap . the ex-fx change represents the percentage change on a period-over-period basis adjusted for foreign currency impacts . the ex-fx change is calculated as the difference between the current year amounts translated at a baseline rate , which is a spot rate for each of our currencies determined early in the fiscal year as part of our forecasting process ( the “ 2019 baseline rate ” ) , and the prior year amounts translated at the same

