PROGRAMMING RIGHTS, NET

12 Months Ended

Dec. 31, 2012

6. PROGRAMMING RIGHTS, NET

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

	December 31,

	2011			2012
Internally produced—TV broadcasting and theatrical:
Released:
Historical cost	$	122,454		$	150,734
Accumulated amortization		(111,999	)		(144,830	)

Released, net book value		10,455			5,904

Completed and not released		1,528			6,796
In production		521			1,399

Total		12,504			14,099

Acquired rights:
Historical cost		554,310			707,428
Accumulated amortization		(367,733	)		(466,235	)

Net book value		186,577			241,193

Total programming rights	$	199,081		$	255,292

Current portion	$	106,947		$	153,076

Non-current portion	$	92,134		$	102,216

The Company expects to amortize approximately $13,972 of internally produced TV programming for its completed and released and completed but not yet released programs during the twelve months ending December 31, 2013. In addition, the Company expects to amortize approximately 100% of its unamortized internally produced programming rights within the three years following December 31, 2012.