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Intangible Assets, Net
12 Months Ended
Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets, Net
7.
Intangible Assets, Net
The following is a summary of intangible assets, net:
 
    
As of December 31, 2023
 
    
Gross

carrying value
    
Accumulated

amortization
    
Net

carrying value
 
    
RMB in thousands
 
Licensed copyrights of content
     8,052,943        (5,759,614      2,293,329  
License rights of mobile games
     328,702        (265,955      62,747  
Intellectual property and others
     2,424,040        (1,152,583      1,271,457  
  
 
 
    
 
 
    
 
 
 
Total
  
 
10,805,685
 
  
 
(7,178,152
  
 
3,627,533
 
  
 
 
    
 
 
    
 
 
 
    
As of December 31, 2024
 
    
Gross

carrying value
    
Accumulated
amortization
    
Net

carrying value
 
    
RMB in thousands
 
Licensed copyrights of content
     8,804,134        (6,686,903      2,117,231  
License rights of mobile games
     310,676        (240,913      69,763  
Intellectual property and others
     2,374,595        (1,360,577      1,014,018  
  
 
 
    
 
 
    
 
 
 
Total
  
 
11,489,405
 
  
 
(8,288,393
  
 
3,201,012
 
  
 
 
    
 
 
    
 
 
 
Amortization expenses were RMB2,581.3 million, RMB2,003.2 million and RMB1,772.4 million for the years ended December 31, 2022, 2023 and 2024, respectively. No impairment charge was recognized for any of the periods presented.
As of December 31, 2024, the licensed copyrights of content have weighted-average useful lives of 4.13 years.
The intangible assets amortization expense for future years is expected to be as follows:
 
    
Intangible assets amortization expense
 
    
RMB in thousands
 
2025
     1,360,094  
2026
     800,882  
2027
     437,919  
2028
     227,437  
2029
     130,971  
Thereafter
     243,709  
  
 
 
 
Total expected amortization expense
  
 
3,201,012