Program Rights (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Program Rights by Predominant Monetization Strategy

Total capitalized produced and licensed content by predominant monetization strategy is as follows:


	March 31, 2022
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Owned original program rights, net:
Completed	$	248,085	$	165,975	$	414,060
In-production and in-development	128,173		321,724		449,897
Total owned original program rights, net	$	376,258	$	487,699	$	863,957

Licensed program rights, net:
Licensed film and acquired series	$	5,797	$	598,519	$	604,316
Licensed originals	62,367		189,300		251,667
Advances and content versioning costs	26,600		123,589		150,189
Total licensed program rights, net	94,764		911,408		1,006,172
Program rights, net	$	471,022	$	1,399,107	$	1,870,129

Current portion of program rights, net					$	15,104
Program rights, net (long-term)					1,855,025
					$	1,870,129

Schedule of Amortization of Owned and Licensed Program Rights

Amortization of owned and licensed program rights, included in Technical and operating expenses on the condensed consolidated statements of income, is as follows:


	Three Months Ended March 31, 2022
(In thousands)		Predominantly Monetized Individually		Predominantly Monetized as a Group		Total

Owned original program rights		$	49,840	$	16,935	$	66,775
Licensed program rights		7,608		118,469		126,077
Program rights amortization		$	57,448	$	135,404	$	192,852


	Three Months Ended March 31, 2021
(In thousands)		Predominantly Monetized Individually		Predominantly Monetized as a Group		Total

Owned original program rights		$	33,906	$	4,566	$	38,472
Licensed program rights		25,020		87,495		112,515
Program rights amortization		$	58,926	$	92,061	$	150,987