PROGRAM RIGHTS

Program rights comprised the following at March 31, 2012 and December 31, 2011:



	March 31, 2012			December 31, 2011
Program rights:
Acquired program rights, net of amortization	$	297,152		$	266,884
Less: current portion of acquired program rights	(112,710		)	(101,741		)
Total non-current acquired program rights	184,442			165,143
Produced program rights – Feature Films:
Released, net of amortization	3,941			3,197
Completed and not released	924			776
In production	138			708
Development and pre-production	366			279
Produced program rights – Television Programs:
Released, net of amortization	84,002			70,383
Completed and not released	2,519			9,136
In production	14,803			12,457
Development and pre-production	4,733			4,138
Total produced program rights	111,426			101,074
Total non-current acquired program rights and produced program rights	$	295,868		$	266,217