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Related Party Transactions
9 Months Ended
Sep. 30, 2022
Related Party Transactions [Abstract]  
Related party transactions
Note 10 — Related party transactions
Equity investments
As described in Note 5, the Company recognized $2.2 million and $2.7 million of revenue related to the Spiegel Venture during the three and nine months ended September 30, 2022, respectively. The Company recognized $1.5 million of revenue during the three and nine months ended September 30, 2021.
As described in Note 5, the Company recognized $1.6 
million of revenue related to advertising services rendered to Nebula during the nine months ended September 30, 2022
. No
revenue was recognized by the Company for the three months ended September 30, 2022, or for the three and nine months ended September 30, 2021.
The Company incurred $1.1 million and $3.1 million for the three and nine months ended September 30, 2022, respectively, and $0.3 million during the three and nine months ended September 30, 2021, in revenue share to Nebula from subscription sales related to the Bundled Marketing and Premium Tier Agreement. This revenue share is recorded in Cost of revenues on the unaudited consolidated statement of operations. The Bundled and Premium Tier subscriptions bundles the Nebula SVoD subscription with the CuriosityStream subscription for a single subscription fee through the CuriosityStream Premium Tier.
Sublease income
The Company sublets a portion of its office space to a related party, Hendricks Investment Holdings, LLC (“HIH”), which is managed by various members of the Company’s Board of Directors. The Company accounts for the arrangement as an operating lease. Please refer to Note 1
1
 for further information.