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Licensed Copyrights, Net (Tables) - Licensed Copyrights
12 Months Ended
Dec. 31, 2018
Finite Lived License Agreements [Line Items]  
Schedule of Licensed Copyrights, Net

 

 

 

As of December 31, 2017

 

 

 

Gross carrying

value

 

 

Accumulated

amortization

 

 

Net carrying

value

 

 

 

RMB

 

 

RMB

 

 

RMB

 

Licensed copyrights

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

14,570,030

 

 

 

(9,211,779

)

 

 

5,358,251

 

—Sublicensing rights

 

 

1,599,154

 

 

 

(1,580,455

)

 

 

18,699

 

 

 

 

16,169,184

 

 

 

(10,792,234

)

 

 

5,376,950

 

Less: current portion:

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

5,185,503

 

 

 

(4,385,335

)

 

 

800,168

 

—Sublicensing rights

 

 

1,599,154

 

 

 

(1,580,455

)

 

 

18,699

 

 

 

 

6,784,657

 

 

 

(5,965,790

)

 

 

818,867

 

Licensed copyrights—non current

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

9,384,527

 

 

 

(4,826,444

)

 

 

4,558,083

 

—Sublicensing rights

 

 

 

 

 

 

 

 

 

 

 

 

9,384,527

 

 

 

(4,826,444

)

 

 

4,558,083

 

 

 

 

As of December 31, 2018

 

 

 

Gross carrying

value

 

 

Accumulated

amortization

 

 

Net carrying value

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

US$

 

Licensed copyrights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

23,875,786

 

 

 

(16,303,613

)

 

 

7,572,173

 

 

 

1,101,327

 

—Sublicensing rights

 

 

3,466,207

 

 

 

(3,233,631

)

 

 

232,576

 

 

 

33,826

 

 

 

 

27,341,993

 

 

 

(19,537,244

)

 

 

7,804,749

 

 

 

1,135,153

 

Less: current portion:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

5,921,043

 

 

 

(4,989,780

)

 

 

931,263

 

 

 

135,447

 

—Sublicensing rights

 

 

3,466,207

 

 

 

(3,233,631

)

 

 

232,576

 

 

 

33,826

 

 

 

 

9,387,250

 

 

 

(8,223,411

)

 

 

1,163,839

 

 

 

169,273

 

Licensed copyrights—non current

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

—Broadcasting rights

 

 

17,954,743

 

 

 

(11,313,833

)

 

 

6,640,910

 

 

 

965,880

 

—Sublicensing rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17,954,743

 

 

 

(11,313,833

)

 

 

6,640,910

 

 

 

965,880

 

Summary of Estimated Amortization Expense Relating to Licensed Copyrights Estimated amortization expense relating to the existing licensed copyrights for each of the next five years is as follows:

 

 

 

RMB

 

 

US$

 

Within 1 year

 

 

4,646,895

 

 

 

675,863

 

Between 1 and 2 years

 

 

2,084,782

 

 

 

303,219

 

Between 2 and 3 years

 

 

852,808

 

 

 

124,036

 

Between 3 and 4 years

 

 

133,419

 

 

 

19,405

 

Between 4 and 5 years

 

 

50,205

 

 

 

7,302