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PROGRAMMING RIGHTS, NET
12 Months Ended
Dec. 31, 2014
PROGRAMMING RIGHTS, NET  
PROGRAMMING RIGHTS, NET

 

6. PROGRAMMING RIGHTS, NET

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

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2013

 

2014

 

Internally produced—TV broadcasting:

 

 

 

 

 

 

 

Released:

 

 

 

 

 

 

 

Historical cost

 

$

167,182

 

$

100,845

 

Accumulated amortization

 

 

(158,996

)

 

(96,746

)

​  

​  

​  

​  

Released, net book value

 

 

8,186

 

 

4,099

 

​  

​  

​  

​  

Completed and not released

 

 

7,318

 

 

1,252

 

​  

​  

​  

​  

Total

 

 

15,504

 

 

5,351

 

​  

​  

​  

​  

Acquired rights:

 

 

 

 

 

 

 

Historical cost

 

 

777,719

 

 

517,401

 

Accumulated amortization

 

 

(499,224

)

 

(337,513

)

​  

​  

​  

​  

Net book value

 

 

278,495

 

 

179,888

 

​  

​  

​  

​  

Total programming rights

 

$

293,999

 

$

185,239

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

Current portion

 

$

172,197

 

$

112,793

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

Non-current portion

 

$

121,802

 

$

72,446

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

        The Company expects to amortize approximately $2,304 of internally produced TV programming for its completed and released and completed but not yet released programs during the twelve months ending December 31, 2015.