Television Distribution Rights, Net |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Television Distribution Rights [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Television Distribution Rights, Net |
Television Distribution Rights, Net
Television distribution rights consisted of the following:
The Company recorded amortization expense of $16 million and $52 million for the three months ended June 30, 2018 and 2017, respectively, related to television distribution rights. For the six months ended June 30, 2018 and 2017, amortization expense for television distribution rights was $32 million and $102 million, respectively. The decrease in amortization expense for both periods is primarily due to the end of affiliation agreement terms for contracts in place at the time of Qurate Retail's acquisition of QVC in 2003.
As of June 30, 2018, related amortization expense for each of the next five years ended December 31 was as follows (in millions):
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- Definition Television Distribution Rights [Abstract] No definition available.
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- Definition Disclosure for affiliation agreements with cable and satellite television providers for carriage of the company's service, as well as for certain channel placement. No definition available.
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