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PROGRAM CONTRACTS:
12 Months Ended
Dec. 31, 2011
PROGRAM CONTRACTS:  
PROGRAM CONTRACTS:

 

 

6.              PROGRAM CONTRACTS:

 

Future payments required under program contracts as of December 31, 2011 were as follows (in thousands):

 

2012

 

$

63,825

 

2013

 

18,360

 

2014

 

8,182

 

2015

 

1,083

 

Total

 

91,450

 

Less: Current portion

 

(63,825

)

Long-term portion of program contracts payable

 

$

27,625

 

 

Each future periods’ film liability includes contractual amounts owed, however, what is contractually owed does not necessarily reflect what we are expected to pay during that period.  While we are contractually bound to make the payments reflected in the table during the indicated periods, industry protocol typically enables us to make film payments on a three-month lag.  Included in the current portion amounts are payments due in arrears of $15.6 million.  In addition, we have entered into non-cancelable commitments for future program rights aggregating to $125.1 million as of December 31, 2011.