IMPAIRMENT LOSS (Tables)

12 Months Ended

Dec. 31, 2011

IMPAIRMENT LOSS

Schedule of impairment losses

	Impairment losses recorded
	2009			2010		2011
Broadcasting licenses:
Peretz umbrella license	$	—		$	—	$	5,300
Peretz regional licenses		—			—		5,582
CTC regional licenses		17,015			—		7,278
Domashny regional licenses		1,724			—		5,398
Total broadcasting licenses	$	18,739			—	$	23,558
Peretz Network's goodwill		—			—		71,688
DTV trade name		—			—		11,136
Total impairment losses	$	18,739		$	—	$	106,382
Income tax effect		(3,748	)		—		(6,939	)
Total effect on consolidated net income	$	14,991		$	—	$	99,443

Schedule of impairment based on hypothetical percentage

	Carrying amount of assets, as of December 31, 2011, for which hypothetical 10% and 15% decrease in the fair value of each asset/ reporting unit would have resulted in additional impairment:
	10%		15%
Broadcasting licenses:
Peretz umbrella license		48,136		48,136
Peretz regional licenses		22,058		22,058
CTC regional licenses		18,762		18,762
Domashny regional licenses		17,496		17,496
Peretz Network's goodwill		58,453		58,453
Total		164,905		164,905

Schedule of expected impairment based on hypothetical percentage

	Additional impairment loss that could be recorded if 2012 advertising market growth forecast is lower by:
	5 pp		10 pp
Broadcasting licenses*:
Peretz umbrella license	$	6,575	$	13,100
CTC regional licenses		1,453		2,628
Domashny regional licenses		998		1,909
Peretz regional licenses		1,087		2,605
Peretz Network's goodwill		9,533		17,067
Total	$	19,646	$	37,309

*

pre-tax effect

Schedule of impairment based on hypothetical percentage of cost of capital

	Additional impairment loss that could be recorded if cost of capital is higher by 3 pp
Broadcasting licenses*:
Peretz umbrella license	$	16,065
CTC regional licenses		4,768
Domashny regional licenses		3,613
Peretz regional licenses		4,706
Peretz Network's goodwill:		23,281
Total	$	52,433

*

pre-tax effect