Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments (Tables)

v3.21.1
Equity Method Investments (Tables)
3 Months Ended
Mar. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments

As of March 31, 2021 and December 31, 2020, the carrying amount of equity method investments consisted of the following:

 

    March 31,     December 31,  
    2021     2020  
Investment in ZVV Media Partners, LLC (i)   $ 7,000,000     $ -  
                 

 

  (i) On January 19, 2021, the Company, ZVV Media Partners, LLC (“ZVV”) and ZASH entered into a Contribution Agreement (the “Agreement”). The Company and ZASH established the newly formed entity, ZVV, in order to engage in the development and production of consumer facing content and related activities.