Investment In Films and Television Programs and Program Rights (Tables)

3 Months Ended

Jun. 30, 2020

Investment In Films And Television Programs and Program Rights [Abstract]

Investment in Films and Television Programs and Licensed Program Rights

Total investment in films and television programs and licensed program rights by predominant monetization strategy is as follows:



	June 30, 2020
	(Amounts in millions)
Investment in Films and Television Programs:
Individual Monetization
Released, net of accumulated amortization	$	440.7
Completed and not released	60.2
In progress	155.4
In development	81.5
	737.8
Film Group Monetization
Released, net of accumulated amortization	$	186.3
Completed and not released	4.8
In progress	201.1
In development	39.0
	431.2
Licensed program rights, net of accumulated amortization	$	543.2
Investment in films and television programs and program rights, net	$	1,712.2

Amortization of Investment in Films and Television Programs and Licensed Program Rights

Amortization of investment in film and television programs and licensed program rights by predominant monetization strategy is as follows for the three months ended June 30, 2020, and was included in direct operating expense in the unaudited condensed consolidated statement of operations:



	Three Months Ended
	June 30,
	2020
	(Amounts in millions)
Amortization expense:
Individual monetization	$	122.5
Film group monetization	48.2
Licensed program rights	110.5
	$	281.2

Schedule of Estimated Future Amortization Expense for Investment in Films and Television Programs and Licensed Program Rights

The table below summarizes estimated future amortization expense for the Company's investment in film and television programs and licensed program rights as of June 30, 2020:



	Twelve Months Ended
	June 30,
	2021		2022		2023
	(Amounts in millions)
Estimated future amortization expense:
Released investment in films and television programs:
Individual monetization	$	164.0	$	88.0	$	82.0
Film group monetization	$	87.4	$	50.4	$	17.1
Licensed program rights	$	276.9	$	92.7	$	54.2

Completed and not released investment in films and television programs:
Individual monetization	$	36.9	n/a		n/a
Film group monetization	$	4.8	n/a		n/a