CONTENT ASSETS

3 Months Ended

Mar. 31, 2025

Asset Retirement Obligation Disclosure [Abstract]

Content Assets

7. CONTENT ASSETS

The gross cost and accumulated amortization of content assets is as follows:

	March 31, 2025		December 31, 2024
	(In thousands)
Licensed Content, net
Acquired	$	23,460	$	25,389
Produced Content, net
Completed	88,491		86,367
In production	9,631		11,798
In development and pre-production	—		175
Content assets, net	121,582		123,729
Less: current portion	(36,538)		(36,861)
Noncurrent portion	$	85,044	$	86,868

Amortization of content assets is recorded in the condensed consolidated statements of operations as programming and technical expenses. Content amortization for the three months ended March 31, 2025 and 2024 is as follows:

	Three Months Ended March 31,
	2025		2024
	(In thousands)
Content amortization - acquired	$	3,979	$	3,357
Content amortization - produced	5,903		8,087
Total content amortization	$	9,882	$	11,444