Investment in Films and Television Programs and Program Rights



	March 31, 2018			March 31, 2017
	(Amounts in millions)
Motion Pictures Segment - Theatrical and Non-Theatrical Films
Released, net of accumulated amortization	$	410.5		$	610.5
Acquired libraries, net of accumulated amortization	2.1			2.3
Completed and not released	55.0			24.1
In progress	347.2			169.3
In development	24.6			29.7
	839.4			835.9
Television Production Segment - Direct-to-Television Programs
Released, net of accumulated amortization	176.6			179.3
In progress	116.5			104.1
In development	4.8			7.3
	297.9			290.7
Media Networks Segment
Licensed program rights, net of accumulated amortization	493.0			526.9
Produced programming
Released, net of accumulated amortization	124.5			132.7
In progress	160.4			200.9
In development	30.0			4.1
	807.9			864.6
Investment in films and television programs and program rights, net	1,945.2			1,991.2
Less current portion of program rights	(253.2		)	(261.7		)
Non-current portion	$	1,692.0		$	1,729.5

The Company expects approximately 47.3% of completed films and television programs, excluding licensed program rights, will be amortized during the one-year period ending March 31, 2019. Additionally, the Company expects approximately 82.3% 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, 2021. 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.