EQUITY	9 Months Ended
Sep. 30, 2016
Equity [Abstract]
EQUITY	13. EQUITY Preferred Stock 5,000,000 shares of Preferred Stock were authorized as at September 30, 2016 and December 31, 2015. One share of Series A Convertible Preferred Stock (the "Series A Preferred Share") was issued and outstanding as at September 30, 2016 and December 31, 2015. The Series A Preferred Share is convertible into 11,211,449 shares of Class A common stock on the date that is 61 days after the date on which the ownership of our outstanding shares of Class A common stock by a group that includes TW Investor and its affiliates would not be greater than 49.9%. The Series A Preferred Share is entitled to one vote per each share of Class A common stock into which it is convertible and has such other rights, powers and preferences, including potential adjustments to the number of shares of Class A common stock to be issued upon conversion, as are set forth in the Certificate of Designation for the Series A Preferred Share. 200,000 shares of Series B Preferred Shares were issued and outstanding as at September 30, 2016 and December 31, 2015 (see Note 12, "Convertible Redeemable Preferred Shares"). As of September 30, 2016, the 200,000 Series B Preferred Shares were convertible into approximately 104.2 million shares of Class A common stock. Class A and Class B Common Stock 440,000,000 shares of Class A common stock and 15,000,000 shares of Class B common stock were authorized as at September 30, 2016 and December 31, 2015. The rights of the holders of Class A common stock and Class B common stock are identical except for voting rights. The shares of Class A common stock are entitled to one vote per share and the shares of Class B common stock are entitled to ten votes per share. Shares of Class B common stock are convertible into shares of Class A common stock on a one-for-one basis for no additional consideration. Holders of each class of shares are entitled to receive dividends and upon liquidation or dissolution are entitled to receive all assets available for distribution to holders of our common stock. Under our Bye-laws, the holders of each class have no preemptive or other subscription rights and there are no redemption or sinking fund provisions with respect to such shares. There were 142.4 million and 135.8 million shares of Class A common stock outstanding at September 30, 2016 and December 31, 2015, respectively, and no shares of Class B common stock outstanding at September 30, 2016 or December 31, 2015. As at September 30, 2016, TW Investor owns 43.1% of the outstanding shares of Class A common stock and has a 47.3% voting interest in the Company due to its ownership of the Series A Preferred Share. Warrants On May 2, 2014, we issued 114,000,000 warrants in connection with a rights offering. Each warrant may be exercised from May 2, 2016 until May 2, 2018 and entitles the holder thereof to receive one share of our Class A common stock at an exercise price of US$ 1.00 per share in cash. During 2016, 5,947,010 warrants were exercised resulting in net proceeds to us of approximately US$ 5.9 million. As at September 30, 2016, 108,052,990 warrants remain outstanding. Time Warner and TW Investor collectively hold 100,926,996 of these warrants (approximately 93.4%). The warrants are classified in additional paid-in capital, a component of equity, and are not subject to subsequent revaluation.

EQUITY

9 Months Ended

Sep. 30, 2016

13. EQUITY

Preferred Stock

5,000,000 shares of Preferred Stock were authorized as at September 30, 2016 and December 31, 2015.

One share of Series A Convertible Preferred Stock (the "Series A Preferred Share") was issued and outstanding as at September 30, 2016 and December 31, 2015. The Series A Preferred Share is convertible into 11,211,449 shares of Class A common stock on the date that is 61 days after the date on which the ownership of our outstanding shares of Class A common stock by a group that includes TW Investor and its affiliates would not be greater than 49.9%. The Series A Preferred Share is entitled to one vote per each share of Class A common stock into which it is convertible and has such other rights, powers and preferences, including potential adjustments to the number of shares of Class A common stock to be issued upon conversion, as are set forth in the Certificate of Designation for the Series A Preferred Share.

200,000 shares of Series B Preferred Shares were issued and outstanding as at September 30, 2016 and December 31, 2015 (see Note 12, "Convertible Redeemable Preferred Shares"). As of September 30, 2016, the 200,000 Series B Preferred Shares were convertible into approximately 104.2 million shares of Class A common stock.

Class A and Class B Common Stock

440,000,000 shares of Class A common stock and 15,000,000 shares of Class B common stock were authorized as at September 30, 2016 and December 31, 2015. The rights of the holders of Class A common stock and Class B common stock are identical except for voting rights. The shares of Class A common stock are entitled to one vote per share and the shares of Class B common stock are entitled to ten votes per share. Shares of Class B common stock are convertible into shares of Class A common stock on a one-for-one basis for no additional consideration. Holders of each class of shares are entitled to receive dividends and upon liquidation or dissolution are entitled to receive all assets available for distribution to holders of our common stock. Under our Bye-laws, the holders of each class have no preemptive or other subscription rights and there are no redemption or sinking fund provisions with respect to such shares.

There were 142.4 million and 135.8 million shares of Class A common stock outstanding at September 30, 2016 and December 31, 2015, respectively, and no shares of Class B common stock outstanding at September 30, 2016 or December 31, 2015.

As at September 30, 2016, TW Investor owns 43.1% of the outstanding shares of Class A common stock and has a 47.3% voting interest in the Company due to its ownership of the Series A Preferred Share.

Warrants

On May 2, 2014, we issued 114,000,000 warrants in connection with a rights offering. Each warrant may be exercised from May 2, 2016 until May 2, 2018 and entitles the holder thereof to receive one share of our Class A common stock at an exercise price of US$ 1.00 per share in cash. During 2016, 5,947,010 warrants were exercised resulting in net proceeds to us of approximately US$ 5.9 million. As at September 30, 2016, 108,052,990 warrants remain outstanding. Time Warner and TW Investor collectively hold 100,926,996 of these warrants (approximately 93.4%). The warrants are classified in additional paid-in capital, a component of equity, and are not subject to subsequent revaluation.