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Content Assets (Tables)
6 Months Ended
Jun. 30, 2022
Entertainment [Abstract]  
Schedule of content assets

    

June 30, 

    

December 31, 

2022

2021

Original productions:

Programming costs released

$

25,972,632

$

25,669,921

In production

 

2,522,136

 

562,808

In development

 

7,435,383

 

6,662,591

Accumulated amortization (a)

(24,331,829)

(23,268,306)

Programming costs, net

11,598,322

9,627,014

Film library:

Film library acquisition costs

177,516,509

134,463,191

Accumulated amortization (b)

(93,018,230)

(80,847,748)

Film library costs, net

84,498,279

53,615,443

Licensed program rights:

Programming rights

21,502,362

1,209,362

Accumulated amortization

(2,718,055)

(806,423)

Programming rights, net

18,784,307

402,939

Content assets, net

$

114,880,908

$

63,645,396

(a)    As of June 30, 2022  and December 31, 2021, accumulated amortization includes impairment expense of  $8,262,663, respectively.

(b)    As of June 30, 2022, and December 31, 2021, accumulated amortization includes impairment expense of $5,506,069, respectively.

Schedule of content asset amortization

    

    

 

Three Months Ended

Six Months Ended

June 30, 

June 30, 

2022

2021

 

2022

2021

Original productions

$

760,109

$

712,043

$

1,063,523

$

2,917,904

Film library

7,807,244

6,840,009

12,170,482

13,743,925

Licensed program rights

1,700,052

1,340

1,911,632

26,091

Total content asset amortization

$

10,267,405

$

7,553,392

$

15,145,637

$

16,687,920