Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets, net (Tables)

v2.4.0.8
Intangible Assets, net (Tables)
 6 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
Intangible assets, net at June 30, 2014, consisted of the following (in thousands):
 
 
 
June 30, 2014
 
Weighted Average Useful Lives
 
Gross Carrying Value
Accumulated Amortization
Net Carrying Value
Intangible assets:
 
 
 
 
 
Definite life:
 
 
 
 
 
Existing technology - software
7 years
 
$
2,575

$
(521
)
$
2,054

Existing technology - games
5 years
 
12,331

(3,494
)
8,837

IPR&D
8 years
 
7,317

(686
)
6,631

Customer relationships
7.1 years
 
119,879

(20,980
)
98,899

Other
3.5 years
 
5,814

(2,419
)
3,395

Content library (acquired in the Business Combination)
1.5 years
 
23,349

(10,880
)
12,469

Content library (acquired post business combination)
1.5 years
(1)
14,298

(13,250
)
1,048

Total intangible assets
 
 
$
185,563

$
(52,230
)
$
133,333

(1) Useful estimate based upon the content library acquired in the Business Combination, which approximates historical experience.
Schedule of Finite-Lived Intangible Assets, Amortization Expense
The Company expects to record amortization of the intangible assets as follows (in thousands):

Year ending December 31,       
Amount
2014 (remaining six months)
$
19,603

2015
26,666

2016
24,361

2017
19,343

2018
15,757

Thereafter
27,603

Total
$
133,333