Quarterly report pursuant to Section 13 or 15(d)

Television Distribution Rights, Net

v3.8.0.1
Television Distribution Rights, Net
3 Months Ended
Mar. 31, 2018
Television Distribution Rights [Abstract]  
Television Distribution Rights, Net
Television Distribution Rights, Net
Television distribution rights consisted of the following:
(in millions)
March 31, 2018

December 31, 2017

Television distribution rights
$
763

730

Less accumulated amortization
(681
)
(652
)
Television distribution rights, net
$
82

78


The Company recorded amortization expense of $16 million and $50 million for the three months ended March 31, 2018 and 2017, respectively, related to television distribution rights. The decrease in amortization expense for the three months ended March 31, 2018 is primarily due to the end of affiliation agreement terms for contracts in place at the time of Qurate Retail's acquisition of QVC in 2003.
As of March 31, 2018, related amortization expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2018
$
35

2019
26

2020
14

2021
4

2022
3