RESTATEMENT OF CONSOLIDATED FINANCIAL STATEMENTS (Tables)

6 Months Ended

Jun. 30, 2012

The following table summarizes the effects of the restatement adjustments on the consolidated statements of cash flows (in thousands):

	Three Months Ended March 31, 2012									Year Ended December 31, 2011									Six Months Ended June 30, 2011
	As Previously Reported			Adjustments			As Restated			As Previously Reported			Adjustments			As Restated			As Previously Reported			Adjustments			As Restated

CASH FLOWS FROM OPERATING ACTIVITIES:
Payments for content assets	$	-		$	(10,714	)	$	(10,714	)	$	-		$	(23,412	)	$	(23,412	)	$	-		$	(2,345	)	$	(2,345	)
Net cash flows provided by (used in) operating activities		23,199			(10,714	)		12,485			55,018			(23,412	)		31,606			2,136			(2,345	)		(209	)

CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for content assets					10,714			10,714			(23,412	)		23,412			-			(2,345	)		2,345			-
Net cash flows provided by (used in) investing activities		(10,163	)		10,714			551			32,388			23,412			55,800			59,290			2,345			61,635

CASH FLOWS FROM FINANCING ACTIVITIES:
Net cash flows used in financing activities		(5,091	)		-			(5,091	)		(60,659	)		-			(60,659	)		(40,729	)		-			(40,729	)

INCREASE IN CASH AND CASH EQUIVALENTS	$	7,945		$	-		$	7,945		$	26,747		$	-		$	26,747		$	20,697		$	-		$	20,697