Note 11 – Film Library

Film library costs, net of amortization, consists of the following:


	September 30,		December 31,
	2019		2018
Acquisition costs	$	43,311,155	$	33,176,802
Accumulated amortization		(11,313,771)		(7,838,300)
Net film library costs	$	31,997,384	$	25,338,502

Film library amortization recorded in the condensed consolidated statements of operations for the three months ended September 30, 2019 and 2018 was $1,214,610 and $1,033,983, respectively and $3,475,471 and $3,656,515 for the nine months ended September 30, 2019 and 2018, amortization expense respectively.