RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2013

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

Overview

There is a limited local market for many specialty broadcasting and production services in the countries in which we operate; many of these services are provided by parties known to be connected to our local shareholders, members of our management and board of directors or our equity investees.  Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free-market dealings may not exist.  We continue to review all of these arrangements.

Related Party Groups

We consider our related parties to be those shareholders who have direct control and/or influence and other parties that can significantly influence management as well as our officers and directors; a “connected” party is one in relation to whom we are aware of the existence of a family or business connection to a shareholder, director or officer. We have identified transactions with individuals or entities associated with the following individuals or entities as material related party transactions: Adrian Sarbu, our President and Chief Executive Officer, a member of our Board of Directors and beneficial owner of approximately 3.2% of our outstanding shares of Class A common stock as at March 31, 2013; and Time Warner, who is represented on our Board of Directors and holds a 49.9% economic interest in CME Ltd. as at March 31, 2013.

Related Party Transactions

Adrian Sarbu

	For the Three Months Ended March 31,
	2013		2012
Purchases of services	$	970	$	1,090
Sales	500		361

	As at March 31,		As at December 31,
	2013		2012
Accounts payable	$	1,478	$	809
Accounts receivable	2,410		1,770

Time Warner

	For the Three Months Ended March 31,
	2013		2012
Purchases of programming	$	14,831	$	8,205
Sales	41		100

	As at March 31,		As at December 31,
	2013		2012
Programming liabilities	$	55,921	$	52,863
Accounts receivable	102		119