Quarterly report pursuant to Section 13 or 15(d)

Television Distribution Rights, Net

v3.20.2
Television Distribution Rights, Net
9 Months Ended
Sep. 30, 2020
Television Distribution Rights [Abstract]  
Television Distribution Rights, Net Television Distribution Rights, Net
Television distribution rights consisted of the following:
(in millions) September 30, 2020 December 31, 2019
Television distribution rights $ 816  764 
Less accumulated amortization (736) (624)
Television distribution rights, net $ 80  140 
The Company recorded amortization expense of $33 million for each of the three months ended September 30, 2020 and 2019 related to television distribution rights. For the nine months ended September 30, 2020 and 2019, amortization expense for television distribution rights was $102 million and $99 million, respectively.
As of September 30, 2020, related amortization expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2020 $ 31 
2021 37 
2022 12 
2023 — 
2024 —