Quarterly report pursuant to Section 13 or 15(d)

Television Distribution Rights, Net

v3.19.3
Television Distribution Rights, Net
9 Months Ended
Sep. 30, 2019
Television Distribution Rights [Abstract]  
Television Distribution Rights, Net
Television Distribution Rights, Net
Television distribution rights consisted of the following:
(in millions)
September 30, 2019

December 31, 2018

Television distribution rights
$
755

723

Less accumulated amortization
(586
)
(583
)
Television distribution rights, net
$
169

140


The Company recorded amortization expense of $33 million and $23 million for the three months ended September 30, 2019 and 2018, respectively, related to television distribution rights. For the nine months ended September 30, 2019 and 2018, amortization expense for television distribution rights was $99 million and $55 million, respectively.
As of September 30, 2019, related amortization expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2019
$
33

2020
119

2021
15

2022
2

2023