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PROGRAMMING RIGHTS, NET
3 Months Ended
Mar. 31, 2012
PROGRAMMING RIGHTS, NET  
PROGRAMMING RIGHTS, NET

5. PROGRAMMING RIGHTS, NET

        Programming rights as of December 31, 2011 and March 31, 2012 comprise the following:

 
  December 31,
2011
  March 31,
2012
 

Internally produced—TV broadcasting and theatrical:

             

Released:

             

Historical cost

  $ 122,454   $ 143,411  

Accumulated amortization

    (111,999 )   (136,912 )
           

Released, net book value

    10,455     6,499  
           

Completed and not released

    1,528     2,581  

In production

    521     772  
           

Total

    12,504     9,852  
           

Acquired rights:

             

Historical cost

    554,310     582,585  

Accumulated amortization

    (367,733 )   (370,989 )
           

Net book value

    186,577     211,596  
           

Total programming rights

  $ 199,081   $ 221,448  
           

Current portion

    106,947   $ 126,691  
           

Non-current portion

    92,134   $ 94,757  
           

        The Company expects to amortize approximately $9,350 of internally produced TV programming for its completed and released programs and completed but not yet released programs during the twelve months ending March 31, 2013. In addition, the Company expects to amortize all of its unamortized internally produced programming rights within the three years following March 31, 2012.