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Investment In Films and Television Programs and Licensed Program Rights
 9 Months Ended
Dec. 31, 2022
Investment In Films And Television Programs and Program Rights [Abstract]  
Investment In Films and Television Programs and Licensed Program Rights 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:                
December 31,
2022		March 31,
2022
 (Amounts in millions)
Investment in Films and Television Programs:
Individual Monetization
Released, net of accumulated amortization$540.8 $557.5 
Completed and not released151.5 121.4 
In progress722.7 574.9 
In development73.5 102.7 
1,488.5 1,356.5 
Film Group Monetization
Released, net of accumulated amortization557.8 469.5 
Completed and not released401.4 253.2 
In progress193.6 427.6 
In development10.1 11.4 
1,162.9 1,161.7 
Licensed program rights, net of accumulated amortization352.7 495.4 
Investment in films and television programs and licensed program rights, net$3,004.1 $3,013.6 


At December 31, 2022, acquired film and television libraries have remaining unamortized costs of $138.4 million, which are monetized individually and are being amortized using the individual-film-forecast method over a remaining period of approximately 18.4 years (March 31, 2022 - unamortized costs of $149.9 million).
Amortization of investment in film and television programs and licensed program rights by predominant monetization strategy is as follows for the three and nine months ended December 31, 2022 and 2021, and was included in direct operating expense in the unaudited condensed consolidated statements of operations:
Three Months EndedNine Months Ended
December 31,December 31,
2022202120222021
 (Amounts in millions)
Amortization expense:
Individual monetization$207.9 $205.2 $711.1 $624.7 
Film group monetization82.8 98.6 227.7 219.3 
Licensed program rights94.4 84.8 345.6 274.7 
$385.1 $388.6 $1,284.4 $1,118.7 

Impairments. Investment in films and television programs and licensed program rights includes write-downs to fair value. The following table sets forth impairments by segment and the line item in our unaudited condensed consolidated statement of operations they are recorded in for the three and nine months ended December 31, 2022 and 2021:
Three Months EndedNine Months Ended
December 31,December 31,
2022202120222021
 (Amounts in millions)
Impairments by segment:
Included in direct operating expense:
Motion Picture$0.6 $1.1 $1.1 $1.2 
Television Production— 1.5 4.7 28.1 
Included in restructuring and other:
Impairments not included in segment operating results(1)
80.8 — 293.8 — 
$81.4 $2.6 $299.6 $29.3 

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(1)Represents charges related to the Media Networks restructuring plan initiatives, including content impairment of programming in certain international territories associated with the restructuring of LIONSGATE+ (formerly STARPLAY International), and individual content charges pursuant to a strategic review of content performance across Starz's domestic and international platforms resulting in certain programming being removed from those platforms and written down to fair value. See Note 14 for further information.