v3.21.2
Content Assets (Tables)
 6 Months Ended
Jun. 30, 2021
Capitalized Content Costs [Abstract]  
Schedule of Content Assets, Net

Content assets, net consisted of the following (in thousands):

 

 

As of

 

 

 

June 30, 2021

 

 

December 31, 2020

 

Licensed content, net

 

$

88,160

 

 

$

7,907

 

 

 

 

 

 

 

 

 

 

Produced content, net

 

 

 

 

 

 

 

 

Released, less amortization

 

 

20,930

 

 

 

—

 

In production

 

 

4,369

 

 

 

—

 

 

 

 

25,299

 

 

 

—

 

 

 

 

 

 

 

 

 

 

Total licensed and produced content, net

 

$

113,459

 

 

$

7,907

 
Schedule of Amortization of Content Assets

The following table represents the amortization of content assets (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2021

 

 

June 30, 2020

 

 

June 30, 2021

 

 

June 30, 2020

 

Licensed content

 

$

15,855

 

 

$

6,059

 

 

$

25,471

 

 

$

12,182

 

Produced content

 

 

2,420

 

 

 

—

 

 

 

2,622

 

 

 

—

 

Total amortization costs(1)

 

$

18,275

 

 

$

6,059

 

 

$

28,093

 

 

$

12,182

 

(1) Included in Cost of revenue, platform in the condensed consolidated statements of operations.