Quarterly report pursuant to Section 13 or 15(d)

Cable and Satellite Television Distribution Rights, Net

v2.4.1.9
Cable and Satellite Television Distribution Rights, Net
 3 Months Ended
Mar. 31, 2015
Cable and Satellite Television Distribution Rights [Abstract]  
Cable and Satellite Television Distribution Rights, Net
Cable and Satellite Television Distribution Rights, Net
Cable and satellite television distribution rights consisted of the following:
(in millions)
March 31, 2015

December 31, 2014

Cable and satellite television distribution rights
$
2,245

2,308

Less accumulated amortization
(1,793
)
(1,847
)
Cable and satellite television distribution rights, net
$
452

461


The Company recorded amortization expense of $47 million for both the three months ended March 31, 2015 and 2014 related to cable and satellite television distribution rights.
As of March 31, 2015, related amortization expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2015
$
131

2016
171

2017
116

2018
12

2019
9


The decrease in future amortization expense in 2018 is primarily due to the end of affiliation agreement terms for contracts in place at the time of Liberty's acquisition of QVC in 2003.