v3.24.0.1
Content Assets
 12 Months Ended
Dec. 31, 2023
Capitalized Licensed Content Costs [Abstract]  
Content Assets CONTENT ASSETS
Content assets consisted of the following (in thousands):
As of December 31,
20232022
Licensed content, net and advances$148,777 $243,226 
Produced content:
Released, less amortization77,951 42,605 
Completed, not released11,235 3,537 
In production38,275 42,904 
Total produced content, net127,461 89,046 
Total Content assets, net and advances$276,238 $332,272 
Current portion$18,843 $39,506 
Non-current portion$257,395 $292,766 
Amortization of content assets is included in Cost of revenue, platform in the consolidated statements of operations and is as follows (in thousands):
Years Ended December 31,
202320222021
Licensed content$161,633 $216,393 $84,133 
Produced content46,219 17,962 11,437 
Total amortization costs$207,852 $234,355 $95,570 
During the year ended December 31, 2023, the Company recognized an impairment charge of $65.5 million related to removing select licensed and produced content from The Roku Channel as part of its restructuring efforts. See Note 17 for additional details. The Company did not recognize any impairment of content assets during the years ended December 31, 2022 and December 31, 2021.
The following table reflects the expected amortization costs of released licensed and produced content assets, net for the next three years (in thousands):
Years Ended December 31,
202420252026
Licensed content$76,586 $28,824 $17,637 
Produced content32,640 20,512 18,936 
Total expected amortization costs$109,226 $49,336 $36,573