Film and Television Costs, net |
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| 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 June 30, 2026 and December 31, 2025 (in thousands):
During the three months ended June 30, 2026 and June 30, 2025, the Company recorded amortization expense of $0.2 million and $5,639, respectively.
During the six months ended June 30, 2026 and June 30, 2025, the Company recorded amortization expense of $ million and $ million, respectively.
During the three months ended June 30, 2026, the Company did not record any write-downs. During the three months ended June 30, 2025, the Company recorded write-downs of $5,482 related to projects not advancing beyond the development stage. Based on the review performed by the executive team, it was determined that certain projects would no longer be pursued.
During the six months ended June 30, 2026 and June 30, 2025, the Company recorded write-downs of $34,492 and $17,586, respectively, related to projects not advancing beyond the development stage. Based on the review performed by the executive team, it was determined that certain projects would no longer be pursued.
The Company did not record any impairment charges on film costs during the six months ended June 30, 2026 and June 30, 2025.
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