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Intangible Assets
3 Months Ended
Mar. 31, 2017
Intangible Assets  
Intangible Assets

4. Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2017

 

 

 

Gross carrying

 

Accumulated

 

Net carrying

 

 

 

amount

 

amortization

 

amount

 

Customer relationships

 

$

1,453

 

$

(1,332)

 

$

121

 

Artist relationships

 

 

11,919

 

 

(10,400)

 

 

1,519

 

Media content

 

 

91,587

 

 

(88,788)

 

 

2,799

 

Technology

 

 

5,654

 

 

(3,896)

 

 

1,758

 

Non-compete agreements

 

 

25

 

 

(14)

 

 

11

 

Trade names

 

 

7,546

 

 

(4,263)

 

 

3,283

 

 

 

$

118,184

 

$

(108,693)

 

$

9,491

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

 

Gross carrying

 

Accumulated

 

Net carrying

 

 

amount

 

amortization

 

amount

Customer relationships

 

$

1,453

 

$

(1,252)

 

$

201

Artist relationships

 

 

11,916

 

 

(10,337)

 

 

1,579

Media content

 

 

91,616

 

 

(87,604)

 

 

4,012

Technology

 

 

5,654

 

 

(3,649)

 

 

2,005

Non-compete agreements

 

 

25

 

 

(11)

 

 

14

Trade names

 

 

7,539

 

 

(4,077)

 

 

3,462

 

 

$

118,203

 

$

(106,930)

 

$

11,273

 

Identifiable finite-lived intangible assets are amortized on a straight-line basis over their estimated useful lives commencing on the date that the asset is available for its intended use.

Total amortization expense for the periods shown below includes (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 

 

 

    

2017

    

2016

    

Service costs

 

$

1,303

 

$

1,700

 

Sales and marketing

 

 

143

 

 

949

 

Product development

 

 

247

 

 

247

 

General and administrative

 

 

144

 

 

136

 

Total amortization

 

$

1,837

 

$

3,032

 

Service costs include accelerated amortization charges of $0.5 million and less than $0.1 million for the three months ended March 31, 2017 and 2016, respectively, as a result of removing certain assets from service.