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INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2011
INTANGIBLE ASSETS 
Schedule of changes in carrying value of goodwill by reporting unit

 

 

 

 

Video and Audio

 

 

 

 

 

 

 

 

 

 

 

Content

 

 

 

 

 

 

 

 

 

 

 

Distribution

 

Television

 

Online

 

Source Ecreative

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2010

 

$

224,259

 

$

 

$

 

$

1,998

 

$

226,257

 

Reallocation of goodwill for change in segments

 

(224,259

)

213,359

 

10,900

 

 

 

Purchase of MIJO

 

 

19,524

 

 

 

19,524

 

Purchase of MediaMind (preliminary)

 

 

 

220,866

 

 

220,866

 

Purchase of EyeWonder (preliminary)

 

 

 

28,888

 

 

28,888

 

Foreign currency translation

 

 

(1,516

)

 

 

(1,516

)

 

 

 

 

 

 

 

 

 

 

 

 

Balance at September 30, 2011

 

$

 

$

231,367

 

$

260,654

 

$

1,998

 

$

494,019

 

Schedule of intangible assets

 

 

 

 

Weighted Average
Amortization
Period (in years)

 

Gross Assets

 

Accumulated
Amortization

 

Net Assets

 

 

 

 

 

 

 

 

 

 

 

Balance at September 30, 2011

 

 

 

 

 

 

 

 

 

Customer relationships

 

9.9

 

$

291,351

 

$

(43,523

)

$

247,828

 

Trade name

 

10.4

 

36,574

 

(9,415

)

27,159

 

Developed technology

 

5.2

 

24,608

 

(1,862

)

22,746

 

Noncompetition agreements

 

4.6

 

23,938

 

(2,030

)

21,908

 

 

 

 

 

 

 

 

 

 

 

Total intangible assets

 

9.3

 

$

376,471

 

$

(56,830

)

$

319,641

 

 

 

 

Weighted Average
Amortization
Period (in years)

 

Gross Assets

 

Accumulated
Amortization

 

Net Assets

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2010

 

 

 

 

 

 

 

 

 

Customer relationships

 

10.9

 

$

112,843

 

$

(32,515

)

$

80,328

 

Trade name

 

14.4

 

18,304

 

(7,663

)

10,641

 

Developed technology

 

5.2

 

1,610

 

(756

)

854

 

Noncompetition agreements

 

5.0

 

4,130

 

(435

)

3,695

 

 

 

 

 

 

 

 

 

 

 

Total intangible assets

 

11.1

 

$

136,887

 

$

(41,369

)

$

95,518

 

Schedule of estimated future amortization of intangible assets

The estimated future amortization of our intangible assets as of September 30, 2011 is as follows (in thousands):

 

2011 (3 months)

 

$

11,207

 

2012

 

44,756

 

2013

 

44,546

 

2014

 

43,336

 

2015

 

41,813

 

2016

 

36,528

 

Thereafter

 

97,455

 

 

 

 

 

Total

 

$

319,641