Produced Content, Net

12 Months Ended

Dec. 31, 2022


	As of December 31,
	2021		2022		2022
	RMB		RMB		US$
Released, less amortization and impairment
— Predominantly monetized with other contents		2,850,114		3,725,252		540,110
— Predominantly monetized on its own		29,782		89,987		13,047
		2,879,896		3,815,239		553,157
In production, less impairment
— Predominantly monetized with other contents		6,338,582		7,581,415		1,099,202
— Predominantly monetized on its own		503,515		660,197		95,720
		6,842,097		8,241,612		1,194,922
In development, less impairment
— Predominantly monetized with other contents		1,134,351		910,235		131,972
— Predominantly monetized on its own		94,734		34,818		5,048
		1,229,085		945,053		137,020
		10,951,078		13,001,904		1,885,099

Amortization expense of RMB3,023,628, RMB4,641,353, RMB4,556,960 (US$660,697) and RMB1,095,325, RMB1,318,693, RMB735,169 (US$106,589) was recognized as “Cost of revenues” in the consolidated statements of comprehensive loss for the years ended December 31, 2020, 2021 and 2022, for produced content predominantly monetized with other content assets and for produced

content predominantly monetized on its own, respectively. As of December 31, 2022, approximately RMB192,040 (US$27,843) of accrued participation cost liabilities will be paid during the upcoming operating cycle.

Estimated amortization expense relating to the existing produced content for each of the next three years is as follows:


	RMB		US$
Within 1 year		1,446,955		209,789
Between 1 and 2 years		588,109		85,268
Between 2 and 3 years		423,182		61,356