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Investments (Tables)
6 Months Ended
Jun. 30, 2016
Summary of investment

Investments consisted of the following:

 

 

 

As of

 

(in thousands)

 

June 30, 2016

 

 

December 31, 2015

 

Equity method investments

 

$

691,319

 

 

$

741,823

 

Cost method investments

 

 

52,655

 

 

 

65,807

 

Total investments

 

$

743,974

 

 

$

807,630

 

 

Equity method investments

 

Investments accounted for using the equity method include the following:

 

As of

 

 

 

June 30, 2016

 

 

December 31, 2015

 

UKTV

 

 

50.0%

 

 

 

50.0%

 

HGTV Magazine JV

 

 

50.0%

 

 

 

50.0%

 

Food Network Magazine JV

 

 

50.0%

 

 

 

50.0%

 

* Everytap

 

 

40.0%

 

 

 

40.0%

 

HGTV Canada

 

 

33.0%

 

 

 

33.0%

 

* nC+

 

 

32.0%

 

 

 

32.0%

 

Food Canada

 

 

29.0%

 

 

 

29.0%

 

* Onet

 

 

25.0%

 

 

 

25.0%

 

Fox-BRV Southern Sports Holdings

 

-

 

 

 

7.3%

 

* Acquired as a part of the Acquisition

 

 

 

 

 

 

 

 

 

UKTV [Member]  
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 2016

 

$

5,756

 

2017

 

$

12,700

 

2018

 

$

12,795

 

2019

 

$

12,891

 

2020

 

$

12,986

 

Thereafter

 

$

94,740

 

** 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.

 

 

nC+ [Member]  
Summary of Estimated Amortization

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

( in thousands )

 

 

 

Estimated Amortization**

 

Remainder of 2016

 

$

1,848

 

2017

 

$

3,817

 

2018

 

$

3,817

 

2019

 

$

3,807

 

2020

 

$

3,788

 

Thereafter

 

$

25,518

 

** The functional currency of nC+ is the Polish Zloty ("PLN"), so these amounts are subject to change as the PLN to USD exchange rates fluctuate.