XML 51 R36.htm IDEA: XBRL DOCUMENT
v3.22.1

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2022
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, 2020 | $ | 393.7 |  |  | $ | 401.9 |  |  | $ | 2,037.9 |  |  | $ | 2,833.5 |
Sale of Pantaya(1) | — |  |  | — |  |  | (69.0) |  |  | (69.0) |
Balance as of March 31, 2021 | $ | 393.7 |  |  | $ | 401.9 |  |  | $ | 1,968.9 |  |  | $ | 2,764.5 |
Balance as of March 31, 2022 | $ | 393.7 |  |  | $ | 401.9 |  |  | $ | 1,968.9 |  |  | $ | 2,764.5 |
______________________ (1)On March 31, 2021, the Company sold its majority interest in Pantaya (see Note 2). In connection with the sale, the Company allocated $69.0 million of goodwill from its Media Networks segment to Pantaya as required under the applicable accounting guidance, which was included in the net assets disposed.
Finite-Lived Intangible Assets | Finite-lived intangible assets consisted of the following:
|  |  | March 31, 2022 |  | March 31, 2021
|  |  | 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 |  |  | $ | 671.3 |  |  | $ | 1,180.7 |  |  | $ | 1,852.0 |  |  | $ | 540.1 |  |  | $ | 1,311.9 |
Trademarks and trade names |  |  | 3.6 |  |  | 2.2 |  |  | 1.4 |  |  | 3.6 |  |  | 1.8 |  |  | 1.8 |
Other |  |  | 23.9 |  |  | 15.8 |  |  | 8.1 |  |  | 23.9 |  |  | 12.5 |  |  | 11.4 |
|  |  | $ | 1,879.5 |  |  | $ | 689.3 |  |  | $ | 1,190.2 |  |  | $ | 1,879.5 |  |  | $ | 554.4 |  |  | $ | 1,325.1 |
_______________ (1)Customer relationships primarily represent Starz affiliation agreements with distributors.
Indefinite-Lived Intangible Assets | Indefinite-lived intangible assets not subject to amortization consisted of the following:
| March 31, 2022 |  | March 31, 2021
| (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.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration