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Investments (Tables)
9 Months Ended
Sep. 30, 2015
Schedule Of Investments [Abstract]  
Summary of investment

Investments consisted of the following:

 

(in thousands)

 

As of

 

 

 

September 30,

 

 

December 31,

 

 

 

2015

 

 

2014

 

Equity method investments

 

$

 

792,021

 

 

$

 

431,612

 

Cost method investments

 

 

 

63,482

 

 

 

 

31,732

 

Total investments

 

$

 

855,503

 

 

$

 

463,344

 

 

Equity method investments

The Company’s acquisition of N-Vision and TVN resulted in the addition of certain equity method investments that are held by TVN. On a consolidated basis, investments accounted for using the equity method include the following:

 

 

As of

 

 

 

September 30,

 

 

December 31,

 

 

 

2015

 

 

2014

 

UKTV

 

 

 

50.00

%

 

 

 

50.00

%

HGTV Magazine JV

 

 

 

50.00

%

 

 

 

50.00

%

Food Network Magazine JV

 

 

 

50.00

%

 

 

 

50.00

%

* Everytap

 

 

 

40.00

%

 

 

 

-

 

HGTV Canada

 

 

 

33.00

%

 

 

 

33.00

%

* nC+

 

 

 

32.00

%

 

 

 

-

 

Food Canada

 

 

 

29.00

%

 

 

 

29.00

%

* Onet

 

 

 

25.00

%

 

 

 

-

 

Fox-BRV Southern Sports Holdings

 

 

 

7.25

%

 

 

 

7.25

%

 

 

 

 

 

 

 

 

 

 

 

* Acquired as a part of the TVN Acquisition

 

 

 

 

 

 

 

 

 

 

 

Summary of Estimated Amortization

The table below summarizes estimated amortization that we expect to reduce the Company’s equity in UKTV’s earnings for future periods:

 

( in thousands )

 

 

Estimated Amortization**

 

Remainder of 2015

 

$

 

4,200

 

2016

 

 

 

14,600

 

2017

 

 

 

14,600

 

2018

 

 

 

14,600

 

2019

 

 

 

14,700

 

Thereafter

 

 

 

122,000

 

 

 

 

 

 

 

** The functional currency of UKTV is the Great British Pound ("GBP") so these amounts are subject to change as the GBP to USD exchange rates fluctuate.