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Goodwill and Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying value of goodwill by reporting segment were as follows:
 
Motion
Picture
 
Television
Production
 
Media Networks
 
Total
 
(Amounts in millions)
Balance as of March 31, 2018
$
393.7

 
$
309.2

 
$
2,037.9

 
$
2,740.8

Business acquisitions(1)

 
92.0

 

 
92.0

Measurement period adjustments(1)

 
0.7

 

 
0.7

Balance as of March 31, 2019
$
393.7

 
$
401.9

 
$
2,037.9

 
$
2,833.5

Balance as of March 31, 2020
$
393.7

 
$
401.9

 
$
2,037.9

 
$
2,833.5

______________________
(1)
In fiscal 2019, represents the goodwill resulting from the acquisition of 3 Arts Entertainment (see Note 2), and related measurement period adjustments, consisting of a decrease to the fair value of finite-lived intangible assets and a corresponding increase to goodwill.
Finite-Lived Intangible Assets
Finite-lived intangible assets consisted of the following as of March 31, 2020 and March 31, 2019:
 
March 31, 2020
 
March 31, 2019
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
(Amounts in millions)
Finite-lived intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
Customer relationships(1)
$
1,852.0

 
$
399.2

 
$
1,452.8

 
$
1,852.0

 
$
250.8

 
$
1,601.2

Trademarks and trade names
3.6

 
1.4

 
2.2

 
3.6

 
1.0

 
2.6

Other
23.9

 
9.3

 
14.6

 
23.9

 
6.1

 
17.8

 
$
1,879.5

 
$
409.9

 
$
1,469.6

 
$
1,879.5

 
$
257.9

 
$
1,621.6


_______________
(1)
Customer relationships primarily represent affiliation agreements with distributors acquired in the Starz Merger.
Indefinite-Lived Intangible Assets
Indefinite-lived intangible assets not subject to amortization consisted of the following:
 
March 31, 2020
 
March 31, 2019
 
(Amounts in millions)
Indefinite-lived intangible assets not subject to amortization:
 
 
 
Tradenames(1)
$
250.0

 
$
250.0


_______________
(1)
Tradenames are related to the Starz brand name, which have an indefinite useful life and are not amortized, but rather are assessed for impairment at least annually or more frequently whenever events or circumstances indicate that the rights might be impaired.