Note 6 - Licensing Agreements and Deferred Revenue

12 Months Ended

Dec. 31, 2014

Deferred Revenue Disclosure [Abstract]

Deferred Revenue Disclosure [Text Block]

Note 6.  Licensing Agreements and Deferred Revenue

The Company is a party to various contracts by virtue of its relationship with certain talent.  The various contracts contain terms and conditions which require the revenue and the associated talent cost to be recognized on a straight-line basis over the contract period.  The Company was a party to product licensing agreements with a talent it previously represented.  Under the product licensing agreements, the Company earned a commission based on a certain percentage of the royalties earned by the talent or earned royalties from the licensee that was based on a certain percentage of net sales, as defined.  The Company recognized revenue from product licensing agreements of approximately $0 and $180,000 for the years ended December 31, 2014 and 2013, respectively.