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Media Library, Software and Equipment
12 Months Ended
Dec. 31, 2020
Property Plant And Equipment [Abstract]  
Media Library, Software and Equipment

3. Media Library, Software and Equipment

Media library, software and equipment stated at lower of cost or estimated fair value, consists of the following as of December 31:

(in thousands)

 

2020

 

 

2019

 

Website development and other software

 

$

15,614

 

 

$

13,942

 

Studio, computer and telephone equipment

 

 

1,826

 

 

 

2,282

 

Media library:

 

 

 

 

 

 

 

 

  Acquired media

 

 

2,280

 

 

 

2,675

 

  Licensed media

 

 

4,995

 

 

 

4,417

 

  Produced media

 

 

34,773

 

 

 

27,648

 

  Produced media in progress

 

 

2,983

 

 

 

3,493

 

 

 

 

62,471

 

 

 

54,457

 

Accumulated depreciation and amortization

 

 

(23,240

)

 

 

(17,536

)

 

 

$

39,231

 

 

$

36,921

 

As described in Note 2, Amortization is over typically 90 months commencing with the month the content is available on our site and is included in cost of revenues on the accompanying consolidated statements of operations. Amortization expense for our media library, which is only available on our service, was $5,602 and $4,219 during 2020 and 2019 future depreciation and amortization consist of the following:

(in thousands)

 

Acquired

media

 

 

Licensed

media

 

 

Produced

media

 

 

Website development and other software

 

 

Studio, computer and telephone equipment

 

 

Total

 

2021

 

$

304

 

 

$

839

 

 

$

4,926

 

 

$

4,494

 

 

$

429

 

 

$

10,992

 

2022

 

 

304

 

 

 

692

 

 

 

4,613

 

 

 

2,809

 

 

 

369

 

 

 

8,787

 

2023

 

 

304

 

 

 

506

 

 

 

4,366

 

 

 

915

 

 

 

318

 

 

 

6,409

 

2024

 

 

304

 

 

 

361

 

 

 

4,005

 

 

 

 

 

 

112

 

 

 

4,782

 

2025

 

 

186

 

 

 

240

 

 

 

3,378

 

 

 

 

 

 

 

 

 

3,804

 

Thereafter

 

 

147

 

 

 

209

 

 

 

4,101

 

 

 

 

 

 

 

 

 

4,457

 

 

 

$

1,549

 

 

$

2,847

 

 

$

25,389

 

 

$

8,218

 

 

$

1,228

 

 

$

39,231