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Investments (Tables)
12 Months Ended
Dec. 31, 2017
Summary of investment

Investments consisted of the following:

 

 

 

December 31,

 

(in thousands)

 

2017

 

 

2016

 

Equity method investments

 

$

662,309

 

 

$

641,327

 

Cost method investments

 

 

78,501

 

 

 

58,154

 

Total investments

 

$

740,810

 

 

$

699,481

 

 

Equity method investments

Investments accounted for using the equity method include the following:

 

 

 

December 31,

 

 

 

2017

 

 

2016

 

UKTV

 

50.0%

 

 

50.0%

 

HGTV Magazine

 

50.0%

 

 

50.0%

 

Food Network Magazine

 

50.0%

 

 

50.0%

 

Everytap

 

-

 

 

40.0%

 

HGTV Canada

 

33.0%

 

 

33.0%

 

nC+

 

32.0%

 

 

32.0%

 

Food Canada

 

29.0%

 

 

29.0%

 

Cooking Channel Canada

 

29.0%

 

 

29.0%

 

Onet

 

-

 

 

25.0%

 

 

UKTV [Member]  
Summary of Estimated Amortization

Amortization that reduces the Company’s equity in UKTV’s earnings for future periods is expected to be as follows:

 

(in thousands)

 

 

 

Estimated Amortization*

 

2018

 

 

 

$

13,082

 

2019

 

 

 

$

13,368

 

2020

 

 

 

$

13,559

 

2021

 

$

12,563

 

2022

 

$

9,063

 

Thereafter

 

$

79,297

 

* The functional currency of UKTV is the GBP, so these amounts are subject to change as the GBP to USD exchange rate fluctuates.

 

 

nC+ [Member]  
Summary of Estimated Amortization

Amortization that reduces the Company’s equity in nC+’s earnings for future periods is expected to be as follows:

 

(in thousands)

 

 

 

Estimated Amortization*

 

2018

 

 

 

$

4,428

 

2019

 

 

 

$

4,428

 

2020

 

 

 

$

4,428

 

2021

 

 

 

$

4,428

 

2022

 

$

4,428

 

Thereafter

 

$

20,968

 

* The functional currency of nC+ is the PLN, so these amounts are subject to change as the PLN to USD exchange rate fluctuates.