(5)   Intangible Assets

Goodwill

Changes in the carrying amount of goodwill are as follows:

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Intangible Assets Subject to Amortization

Amortization expense for intangible assets with finite useful lives was $64 million and $77 million for the three months ended March 31, 2025 and 2024, respectively. Based on its amortizable intangible assets as of March 31, 2025, QVC Group expects that amortization expense will be as follows for the next five years (amounts in millions):

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