6. Film and Television Costs, Net |
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Mar. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||
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| Film and Television Costs, net |
Note 6: Film and Television Costs, Net
As of March 31, 2021, the Company had net Film and Television Costs of $13,106,729, compared to $11,828,494 at December 31, 2020. The increases primarily relates to the development costs related to Stan Lee’s Superhero Kindergarten offset by amortization of Rainbow Rangers Season 1 and Llama Llama Seasons 1 & 2.
During the three months ended March 31, 2021 and 2020, the Company recorded Film and Television Cost amortization expense of $117,947 and $979,598, respectively.
The following table highlights the activity in Film and Television Costs of March 31, 2021, and December 31, 2020:
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- Definition The entire disclosure for entities in the entertainment industry. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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