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Business Combination (Tables)
9 Months Ended
Sep. 30, 2019
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

 

 

 

 

Accounts receivable, net

    

$

5,360,667

Prepaid expenses

 

 

892,200

Programming Rights

 

 

1,155,363

Goodwill

 

 

14,929,601

Brand Value

 

 

26,493,805

Customer User Base

 

 

15,364,395

Content Rights

 

 

2,524,373

Partner Agreements

 

 

5,314,481

Assets acquired

 

 

72,034,885

Accounts payable and accrued expenses

 

 

(13,061,492)

Programming Obligations

 

 

(7,300,862)

Liabilities assumed

 

 

(20,362,354)

Total purchase consideration

 

$

51,672,531

 

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

 

 

 

 

Fair Value of Preferred Units

    

$

36,350,000

Fair Value of Warrants in CSSE

 

 

10,899,204

Fair Value of Put Option

 

 

4,423,327

Total Estimated Purchase Price

 

$

51,672,531