Film and Other Inventory Costs

Film, television, live performance and other inventory costs consist of the following (in thousands):



	March 31, 2013		December 31, 2012
In release, net of amortization⁽¹⁾	$	451,172	$	339,896
Completed, not released⁽²⁾	—		13,183
In production⁽³⁾	369,423		422,520
In development	59,980		44,883
Total film, television, live performance and other inventory costs, net	$	880,575	$	820,482

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⁽¹⁾	Includes $30.3 million and $31.2 million of capitalized live performance costs at March 31, 2013 and December 31, 2012, respectively. In addition, as of March 31, 2013 and December 31, 2012, this category includes $5.0 million and $4.2 million, respectively, of physical inventory of Classic Media titles for distribution in the home entertainment market.


⁽²⁾	As of December 31, 2012, consists of a Valentine's Day-themed television special (based on characters from the Company's feature film Madagascar) that was released into the home entertainment market during the three months ended March 31, 2013.


⁽³⁾	Includes $5.7 million of capitalized live performance costs at March 31, 2013 and December 31, 2012.

The Company anticipates that 59% and 89% of the above "in release" film costs as of March 31, 2013 will be amortized over the next 12 months and three years, respectively.