| Schedule of Licensed Copyrights, Net |
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As of December 31, 2024 |
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Gross carrying
value |
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Accumulated
amortization |
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|
Impairment
amount |
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|
Net carrying value |
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|
RMB |
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|
RMB |
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RMB |
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RMB |
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(In thousands) |
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Licensed copyrights |
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—Broadcasting rights |
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46,578,345 |
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(39,058,192 |
) |
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(201,382 |
) |
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7,318,771 |
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—Sublicensing rights |
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8,338,409 |
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(8,338,409 |
) |
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— |
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— |
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54,916,754 |
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(47,396,601 |
) |
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(201,382 |
) |
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7,318,771 |
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Less: current portion |
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—Broadcasting rights |
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7,600,279 |
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(7,202,541 |
) |
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(9,020 |
) |
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388,718 |
|
—Sublicensing rights |
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8,338,409 |
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(8,338,409 |
) |
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— |
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— |
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15,938,688 |
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(15,540,950 |
) |
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(9,020 |
) |
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388,718 |
|
Licensed copyrights—non-current |
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—Broadcasting rights |
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|
38,978,066 |
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|
(31,855,651 |
) |
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(192,362 |
) |
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|
6,930,053 |
|
—Sublicensing rights |
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|
— |
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|
— |
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|
— |
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|
— |
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|
38,978,066 |
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|
|
(31,855,651 |
) |
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(192,362 |
) |
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6,930,053 |
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|
As of December 31, 2025 |
|
|
|
Gross carrying
value |
|
|
Accumulated
amortization |
|
|
Impairment
amount |
|
|
Net carrying value |
|
|
|
RMB |
|
|
RMB |
|
|
RMB |
|
|
RMB |
|
|
US$ |
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(In thousands) |
|
Licensed copyrights |
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—Broadcasting rights |
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46,814,452 |
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(40,221,819 |
) |
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(182,172 |
) |
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6,410,461 |
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|
916,684 |
|
—Sublicensing rights |
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|
8,272,739 |
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(8,272,739 |
) |
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— |
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— |
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— |
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55,087,191 |
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(48,494,558 |
) |
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(182,172 |
) |
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6,410,461 |
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|
916,684 |
|
Less: current portion |
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—Broadcasting rights |
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|
7,787,625 |
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(7,330,951 |
) |
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(9,167 |
) |
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|
447,507 |
|
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|
63,993 |
|
—Sublicensing rights |
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|
8,272,739 |
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(8,272,739 |
) |
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— |
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— |
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— |
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16,060,364 |
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(15,603,690 |
) |
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(9,167 |
) |
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447,507 |
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|
63,993 |
|
Licensed copyrights—non-current |
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—Broadcasting rights |
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39,026,827 |
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(32,890,868 |
) |
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(173,005 |
) |
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5,962,954 |
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|
852,691 |
|
—Sublicensing rights |
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|
— |
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— |
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— |
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— |
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— |
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39,026,827 |
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(32,890,868 |
) |
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(173,005 |
) |
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5,962,954 |
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|
852,691 |
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|