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PROGRAMMING RIGHTS, NET
3 Months Ended
Mar. 31, 2014
PROGRAMMING RIGHTS, NET  
PROGRAMMING RIGHTS, NET

5. PROGRAMMING RIGHTS, NET

        Programming rights as of December 31, 2013 and March 31, 2014 comprise the following:

 
  December 31,
2013
  March 31,
2014
 

Internally produced—TV broadcasting:

             

Released:

             

Historical cost

  $ 167,182   $ 158,311  

Accumulated amortization

    (158,996 )   (150,379 )
           
​ ​ ​ ​ ​ ​ ​ ​

Released, net book value

    8,186     7,932  
           
​ ​ ​ ​ ​ ​ ​ ​

Completed and not released

    7,318     4,051  
           
​ ​ ​ ​ ​ ​ ​ ​

Total

    15,504     11,983  
           
​ ​ ​ ​ ​ ​ ​ ​

Acquired rights:

             

Historical cost

    777,719     748,320  

Accumulated amortization

    (499,224 )   (478,307 )
           
​ ​ ​ ​ ​ ​ ​ ​

Net book value

    278,495     270,013  
           
​ ​ ​ ​ ​ ​ ​ ​

Total programming rights

  $ 293,999   $ 281,996  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

Current portion

  $ 172,197   $ 167,510  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

Non-current portion

  $ 121,802   $ 114,486  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

        The Company expects to amortize approximately $5 million 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, 2015. In addition, the Company expects to amortize all of its unamortized internally produced programming rights within the three years following March 31, 2014.