Investment in Films and Television Programs



	March 31, 2017			March 31, 2016
	(Amounts in millions)
Motion Pictures Segment - Theatrical and Non-Theatrical Films
Released, net of accumulated amortization	$	610.5		$	584.4
Acquired libraries, net of accumulated amortization	2.3			3.6
Completed and not released	24.1			33.8
In progress	169.3			421.7
In development	29.7			28.2
	835.9			1,071.7
Television Production Segment - Direct-to-Television Programs
Released, net of accumulated amortization	179.3			189.2
In progress	104.1			191.2
In development	7.3			5.5
	290.7			385.9
Media Networks Segment
Licensed program rights, net of accumulated amortization	526.9			—
Produced programming
Released, net of accumulated amortization	132.7			—
In progress	200.9			—
In development	4.1			—
	864.6			—
Investment in films and television programs and program rights, net	1,991.2			1,457.6
Less current portion of program rights	(261.7		)	—
Non-current portion	$	1,729.5		$	1,457.6

The Company expects approximately 48.2% of completed films and television programs, excluding licensed program rights, will be amortized during the one-year period ending March 31, 2018. Additionally, the Company expects approximately 80.8% of completed and released films and television programs, excluding licensed program rights and acquired libraries, will be amortized during the three-year period ending March 31, 2020. Licensed program rights expected to be amortized within one-year from the balance sheet date are classified as short-term in the consolidated balance sheet.