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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.