Quarterly report pursuant to Section 13 or 15(d)

Television Distribution Rights, Net

v3.20.2
Television Distribution Rights, Net
6 Months Ended
Jun. 30, 2020
Television Distribution Rights [Abstract]  
Television Distribution Rights, Net Television Distribution Rights, Net
Television distribution rights consisted of the following:
(in millions) June 30, 2020 December 31, 2019
Television distribution rights $ 773    764   
Less accumulated amortization (691)   (624)  
Television distribution rights, net (note 2) $ 82    140   
The Company recorded amortization expense of $35 million and $32 million for the three months ended June 30, 2020 and 2019, respectively, related to television distribution rights. For the six months ended June 30, 2020 and 2019, amortization expense for television distribution rights was $69 million and $66 million, respectively.
As of June 30, 2020, related amortization expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2020 $ 56   
2021 22   
2022  
2023 —   
2024 —