XML 54 R35.htm IDEA: XBRL DOCUMENT v3.23.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2023
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 NetworksTotal
 (Amounts in millions)
Balance as of March 31, 2021 and March 31, 2022$393.7 $401.9 $1,968.9 $2,764.5 
Impairment(1)
— — (1,475.0)(1,475.0)
Balance as of March 31, 2023$393.7 $401.9 $493.9 $1,289.5 
_______________
(1)See Note 1, Goodwill Impairment Assessments, for further information on the goodwill impairment recorded in fiscal 2023 related to the Media Networks segment.
Finite-Lived Intangible Assets Finite-lived intangible assets consisted of the following:
March 31, 2023March 31, 2022
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
 (Amounts in millions)
Finite-lived intangible assets subject to amortization:
Customer relationships(1)
$1,852.0 $807.8 $1,044.2 $1,852.0 $671.3 $1,180.7 
Trademarks and trade names3.6 2.6 1.0 3.6 2.2 1.4 
Other23.9 19.0 4.9 23.9 15.8 8.1 
$1,879.5 $829.4 $1,050.1 $1,879.5 $689.3 $1,190.2 
_______________
(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, 2023March 31, 2022
(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.