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

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September 30, 

    

December 31, 

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2022

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2021

Original productions:

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Programming costs released

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$

27,646,669

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$

25,669,921

In production

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2,244,593

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562,808

In development

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8,461,662

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6,662,591

Accumulated amortization (a)

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(24,852,300)

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(23,268,306)

Programming costs, net

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13,500,624

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9,627,014

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Film library:

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Film library acquisition costs

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190,489,922

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134,463,191

Accumulated amortization (b)

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(100,026,970)

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(80,847,748)

Film library costs, net

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90,462,952

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53,615,443

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Licensed program rights:

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Programming rights

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49,412,905

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1,209,362

Accumulated amortization

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(10,837,847)

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(806,423)

Programming rights, net

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38,575,058

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402,939

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Content assets, net

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$

142,538,634

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$

63,645,396

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

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

Schedule of content asset amortization

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Three Months Ended

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Nine Months Ended

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September 30, 

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September 30, 

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2022

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2021

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2022

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2021

Original productions

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$

520,471

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$

1,756,901

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$

1,583,994

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$

4,674,805

Film library

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7,008,740

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10,087,539

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19,874,419

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23,831,464

Licensed program rights

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8,119,792

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24,346

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9,336,227

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50,437

Total content asset amortization

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$

15,649,003

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$

11,868,786

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$

30,794,640

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$

28,556,706

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