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Content Assets (Tables)
12 Months Ended
Dec. 31, 2022
Content Assets [Abstract]  
Schedule of content assets

    

December 31, 

    

December 31, 

2022

2021

Original productions:

Programming costs released

$

31,081,500

$

25,669,921

In production

 

806,009

 

562,808

In development

 

8,377,649

 

6,662,591

Accumulated amortization (a)

(31,651,552)

(23,268,306)

Programming costs, net

8,613,606

9,627,014

Film library:

Film library acquisition costs

208,982,878

134,463,191

Accumulated amortization (b)

(125,967,305)

(80,847,748)

Film library costs, net

83,015,573

53,615,443

Licensed program rights:

Programming rights

56,288,723

1,209,362

Accumulated amortization

(21,827,394)

(806,423)

Programming rights, net

34,461,329

402,939

Content assets, net

$

126,090,508

$

63,645,396

(a) As of December 31, 2022 and 2021. accumulated amortization includes impairment expense of $4,302,576 and $6,049,631, respectively.

(b) As of December 31, 2022 and 2021, accumulated amortization includes impairment expense of $4,849,876 and $3,745,223, respectively.

Schedule of content asset amortization

 

Years Ended

December 31, 

 

2022

2021

Original productions

$

4,080,670

$

4,920,027

Film library

40,269,681

34,011,566

Licensed program rights

21,020,971

51,237

Content asset impairment

 

9,152,452

 

9,794,854

Total content asset amortization

$

74,523,774

$

48,777,684