Annual report pursuant to Section 13 and 15(d)

5. Film and Television Costs, Net (Tables)

v3.20.1
5. Film and Television Costs, Net (Tables)
12 Months Ended
Dec. 31, 2019
Film Costs [Abstract]  
Schedule of film and television costs activity

The following table highlights the activity in Film and Television Costs as of December 31, 2019 and 2018:

 

    Total  
Film and Television Costs, Net as of December 31, 2017   $ 2,777,088  
Cumulative Effect of Adoption of ASC 606     (219,472 )
Additions to Film and Television Costs     6,644,728  
Capitalized Interest     43,510  
Film Amortization Expense     (1,079,723 )
Film and Television Costs, Net as of December 31, 2018     8,166,131  
Additions to Film and Television Costs     3,920,013  
Capitalized Interest     50,765  
Film Amortization Expense     (2,230,024 )
Film and Television Costs, Net as of December 31, 2019   $ 9,906,885