Annual report pursuant to Section 13 and 15(d)

Business Combinations (Tables)

v3.8.0.1
Business Combinations (Tables)
 12 Months Ended
Dec. 31, 2017
Business Combinations [Abstract]  
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] The following table summarizes the allocation of estimated fair values of the net assets acquired during the year ended December 31, 2015, including the related estimated useful lives, where applicable. Intangible assets acquired from Ticketfly and KXMZ were disposed of during the year ended December 31, 2017.

 
 
Ticketfly
 
Rdio
 
Other
 
 
Estimated fair value
 
Estimated useful life in years(1)
 
Estimated fair value
 
Estimated useful life in years
 
Estimated fair value
 
Estimated useful life in years(1)
 
 
(in thousands, except for estimated useful life)
Intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
   Customer relationships—clients
 
$
37,300

 
8
 
$
—

 
 
 
$
—

 
 
   Developed technology
 
28,100

 
5
 
26,400

 
2-5
 
1,550

 
4
   Tradename
 
10,400

 
8
 
1,000

 
3
 
320

 
2
   Customer relationships—users
 
1,000

 
2
 
—

 
 
 
940

 
2
   FCC license—broadcast radio
 
—

 
 
 
—

 
 
 
193

 
 
Tangible assets acquired, net
 
27,640

 
 
 
1,969

 
 
 
(490
)
 
 
Deferred tax liabilities
 
(1,738
)
 
 
 
—

 
 
 
(49
)
 
 
Net assets acquired
 
$
102,702

 
 
 
$
29,369

 
 
 
$
2,464

 
 
Goodwill
 
232,641

 
 
 
48,131

 
 
 
23,103

 
 
Total fair value consideration
 
$
335,343

 
 
 
$
77,500

 
 
 
$
25,567

 
 
(1) Estimated useful lives reflect the useful lives as of the date of acquisition, and does not take into consideration the disposition of intangible assets