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Film and Television Costs, net
9 Months Ended
Sep. 30, 2024
Other Industries [Abstract]  
Film and Television Costs, net

Note 8: Film and Television Costs, net

 

The following table highlights the activity in Film and Television Costs as of September 30, 2024 and December 31, 2023 (in thousands):

 

     
Film and Television Costs, net as of December 31, 2023  $1,295 
Additions to Film and Television Costs   818 
Disposals   (73)
Film Amortization Expense   (176)
Foreign Currency Translation Adjustment   (6)
Film and Television Costs, net as of September 30, 2024  $1,858 

 

During the three months ended September 30, 2024 and September 30, 2023, the Company recorded film amortization expense of $61,672 and $0.1 million, respectively. During the nine months ended September 30, 2024 and September 30, 2023, the Company recorded amortization expense of $0.2 million and $0.5 million, respectively.

 

For the three and nine months ended September 30, 2023, the Company recorded film and television impairment write-downs of $6.2 million. The Company did not incur any film and television impairment write-downs during the three and nine months ended September 30, 2024.