PROGRAMMING RIGHTS, NET

6 Months Ended

Jun. 30, 2013

5. PROGRAMMING RIGHTS, NET

Programming rights as of December 31, 2012 and June 30, 2013 comprise the following:

	December 31, 2012			June 30, 2013

Internally produced—TV broadcasting and theatrical:
Released:
Historical cost	$	150,734		$	161,228
Accumulated amortization		(144,830	)		(150,503	)

Released, net book value		5,904			10,725

Completed and not released		6,796			7,195
In production		1,399			3,241

Total		14,099			21,161

Acquired rights:
Historical cost		707,428			703,585
Accumulated amortization		(466,235	)		(480,481	)

Net book value		241,193			223,104

Total programming rights	$	255,292		$	244,265

Current portion	$	153,076		$	137,440

Non-current portion	$	102,216		$	106,825

The Company expects to amortize approximately $21,161 of internally produced TV programming for its completed and released programs and completed but not yet released programs during the twelve months ending June 30, 2014.