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Business Combinations and Asset Acquisitions (Tables)
 12 Months Ended
May 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed The following table summarizes the purchase price allocation of fair values of the assets acquired and liabilities assumed at the date of acquisition, inclusive of measurement period adjustments:
Cash and cash equivalents$17.5 
Accounts receivable14.8 
Investment in film and television programs42.9 
Property, plant and equipment
6.1 
Operating lease right-of-use assets6.1 
Other Intangible assets:
Existing content/IP16.0 
Customer contracts/relationships (1)
51.5 
Trade names16.5 
Internally developed software1.3 
Tax credit receivable
31.9 
Other assets
3.9 
Total assets acquired208.5 
Accounts payable2.3 
Accrued expenses16.3 
Deferred revenue9.8 
Film related obligations34.9 
Operating lease liabilities7.7 
Other liabilities8.0 
Total liabilities assumed79.0 
Fair value of net assets acquired129.5 
Goodwill64.2 
Purchase price consideration$193.7 
(1) Includes $36.7 related to distribution contracts and relationships.
Business Combination, Pro Forma Information
The following table summarizes the unaudited pro-forma consolidated results of operations for the fiscal years ended May 31, 2025 and 2024 as if the acquisition had occurred on June 1, 2023, the beginning of fiscal 2024:

20252024
Revenues $1,631.2 $1,671.4 
Net income (loss)(3.1)1.9