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Investments in Productions and Investments in Acquired Content Rights | 6 Months Ended
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Jun. 27, 2021
Other Industries [Abstract] |
Investment in Productions and Investments in Acquired Content Rights | Investments in Productions and Investments in Acquired Content RightsInvestments in productions and investments in acquired content rights are predominantly monetized on a title-by-title basis and are recorded within other assets in the Company's consolidated balance sheets, to the extent they are considered recoverable against future revenues. These amounts are being amortized to program cost amortization using a model that reflects the consumption of the asset as it is released through various channels including broadcast licenses, theatrical release and home entertainment. Amounts capitalized are reviewed periodically on an individual film basis and any portion of the unamortized amount that appears not to be recoverable from future net revenues is expensed as part of program cost amortization during the period the loss becomes evident. The Company's unamortized investments in productions and investments in acquired content rights consisted of the following at June 27, 2021, June 28, 2020, and December 27, 2020:
|  | June 27, 2021 |  | June 28, 2020 |  | December 27, 2020 |  |  |
Film and TV Programming |  |  |  |  |  |  |  |  |
Released, net of amortization |  | $ | 499.4 |  |  | $ | 346.8 |  |  | $ | 428.0 |  |  |  |
Completed and not released |  | 17.7 |  |  | 128.1 |  |  | 17.3 |  |  |  |
In production |  | 220.5 |  |  | 41.4 |  |  | 185.5 |  |  |  |
Pre-production |  | 73.8 |  |  | 70.4 |  |  | 67.6 |  |  |  |
|  | 811.4 |  |  | 586.7 |  |  | 698.4 |  |  |  |
Other Programming |  |  |  |  |  |  |  |  |
Released, net of amortization |  | 3.4 |  |  | 12.7 |  |  | 13.7 |  |  |  |
Completed and not released |  | 0.4 |  |  | 2.9 |  |  | 2.1 |  |  |  |
In production |  | 6.3 |  |  | 7.0 |  |  | 5.4 |  |  |  |
Pre-production |  | 1.7 |  |  | 5.5 |  |  | 7.6 |  |  |  |
|  | 11.8 |  |  | 28.1 |  |  | 28.8 |  |  |  |
Total Program Investments (1) |  | $ | 823.2 |  |  | $ | 614.8 |  |  | $ | 727.2 |  |  |  |
(1) For the six-month period ended June 27, 2021, $8.0 million of investments in productions and investments in acquired content rights of the eOne Music business, which were previously classified within Other Assets, have been transferred to Assets Held for Sale. For additional information, see Note 15. The Company recorded $208.2 million of program cost amortization related to released programming in the six months ended June 27, 2021, consisting of the following:
|  | Investment in Production |  | Investment in Content |  | Total
Program cost amortization |  | $ | 180.7 |  |  | 27.5 |  |  | $ | 208.2 |

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