Note 3. Related party transactions

The Company has various agreements with MVS, a Mexican media and television conglomerate, which has directors and stockholders in common with the Company as follows:

On November 15, 2018, the Company executed an amended agreement, pursuant to which MVS provides Cinelatino with satellite and support services including origination, uplinking and satellite delivery of two feeds of Cinelatino’s channel (for U.S. and Latin America), master control and monitoring, dubbing, subtitling and close captioning, and other support services (the “Satellite and Support Services Agreement”). The Satellite and Support Services Agreement expires February 28, 2022. Expenses incurred under this agreement are included in cost of revenues in the accompanying Condensed Consolidated Statements of Operations. Total expenses incurred were $0.7 million and $0.6 million for the three month periods ended September 30, 2019 and 2018, respectively. Total expenses incurred were $2.0 million for each of the nine month periods ended September 30, 2019 and 2018. Amounts due to MVS pursuant to this agreement totaled $0.4 million and $0.7 million at September 30, 2019 and December 31, 2018, respectively.

On November 15, 2018, the Company extended its affiliation agreement with Dish Mexico (d/b/a Comercializadora de Frecuencias Satelitales, S. de R.L. de C.V.), an MVS affiliate that transmits television programming services throughout Mexico, including Cinelatino. This agreement expires on February 28, 2022. Total revenues recognized were $0.5 million for each of the three month periods ended September 30, 2019 and 2018. Total revenues recognized were $1.4 million for each of the nine month periods ended September 30, 2019 and 2018. Amounts due from Dish Mexico amounted to $0.3 million at September 30, 2019 and December 31, 2018.

On November 15, 2018, the Company amended and extended its license agreement with MVS, pursuant to which MVS has the non-exclusive right to duplicate, distribute and exhibit Cinelatino’s service via cable, satellite or by any other means in Mexico. Pursuant to the amendment, Cinelatino receives revenues net of MVS’s distribution fee, which is equal to 13.5% of all license fees collected from third party distributors managed but not owned by MVS. Total revenues recognized were $0.2 million and $0.3 million for the three month periods ended September 30, 2019 and 2018, respectively. Total revenues recognized were $0.8 million for each of the nine month periods ended September 30, 2019 and 2018. Amounts due from MVS pursuant to this agreement totaled $0.7 million at September 30, 2019 and December 31, 2018.

The Company entered into an amended and restated consulting agreement with James M. McNamara on Auguest 13, 2019, a member of the Company’s board of directors, to provide the development, production and maintenance of programming, affiliate relations, identification and negotiation of carriage opportunities, and the development, identification and negotiation of new business initiatives including sponsorship, new channels, direct-to-consumer programs and other interactive initiatives. Total expenses incurred under these agreements are included in selling, general and administrative expenses and amounted to $0.1 million for each of the three month periods ended September 30, 2019 and 2018, and $0.3 million and $0.4 million for the nine month periods ended September 30, 2019 and 2018, respectively. No amounts were due to this related party at September 30, 2019 and December 31, 2018.

The Company is party to an output agreement with Pantelion Films, LLC (“Pantelion”), a joint venture made up of several organizations, including Panamax Films, LLC (an entity owned by James M. McNamara), Lions Gate Films, Inc. (“Lionsgate”) and Grupo Televisa, for the licensing of movie titles. Expenses incurred under this agreement are included in cost of revenues in the accompanying consolidated statements of operations and amounted to $0.2 million and $0.0 million for the three month periods ended September 30, 2019 and 2018, respectively, and $0.3 million and $0.0 million for the nine month periods ended September 30, 2019 and 2018, respectively. At September 30, 2019 and December 31, 2018, $1.1 million and $0.5 million is included in programming rights, respectively, in the accompanying Condensed Consolidated Balance Sheets related to these agreements.