Investment in Films and Television Programs, Net
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2014
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investment In Films And Television Programs, Net [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investment in Films and Television Programs, Net |
Investment in Films and Television Programs, Net
Investment in films and television programs, net consists of the following (in millions):
Approximately 79% and 85% of the unamortized film costs (theatrical, television and home entertainment) for released films of $71.7 million at December 31, 2014 are expected to be amortized within three and four years, respectively. Approximately $105.5 million of the costs of Released and Completed, but not released films of $187.9 million at December 31, 2014 are expected to be amortized during the next twelve months.
As a result of changes in Ultimate Revenue estimates, Starz Distribution recognized impairments of investment in films and television programs totaling $2.1 million, $2.6 million and $17.2 million for the years ended December 31, 2014, 2013 and 2012, respectively. Such impairments are included in production and acquisition costs in the consolidated statements of operations.
|