XML 20 R10.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Investment In Films and Television Programs and Licensed Program Rights | 3 Months Ended
--- | ---
Jun. 30, 2024
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:
| June 30, 2024 |  | March 31, 2024
| (Amounts in millions)
Investment in Films and Television Programs: |  |  |
Individual Monetization |  |  |
Released, net of accumulated amortization | $ | 863.6 |  |  | $ | 878.3 |
Completed and not released | 301.9 |  |  | 225.4 |
In progress | 681.2 |  |  | 469.2 |
In development | 65.5 |  |  | 65.7 |
| 1,912.2 |  |  | 1,638.6 |
Film Group Monetization |  |  |
Released, net of accumulated amortization | 539.5 |  |  | 497.1 |
Completed and not released | 94.7 |  |  | 170.1 |
In progress | 362.0 |  |  | 179.0 |
In development | 4.8 |  |  | 4.3 |
| 1,001.0 |  |  | 850.5 |
Licensed program rights, net of accumulated amortization | 302.4 |  |  | 273.1 |
Investment in films and television programs and licensed program rights, net | $ | 3,215.6 |  |  | $ | 2,762.2 |
At June 30, 2024, acquired film and television libraries have remaining unamortized costs of $266.4 million, which are monetized individually and are being amortized on a straight-line basis or the individual-film-forecast method over a weighted-average remaining period of approximately 13.0 years (March 31, 2024 - unamortized costs of $223.1 million). Amortization of investment in film and television programs and licensed program rights by predominant monetization strategy is as follows, and was included in direct operating expense in the unaudited condensed consolidated statements of operations:
|  |  | Three Months Ended
|  |  | June 30,
|  |  |  |  | 2024 |  | 2023
|  |  |  |  | (Amounts in millions)
Amortization expense: |  |  |  |  |  |  |
Individual monetization |  |  |  |  | $ | 162.8 |  |  | $ | 181.1 |
Film group monetization |  |  |  |  | 76.9 |  |  | 111.2 |
Licensed program rights |  |  |  |  | 48.0 |  |  | 67.6 |
|  |  |  |  | $ | 287.7 |  |  | $ | 359.9 |
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 months ended June 30, 2024 and 2023:
|  |  | Three Months Ended
|  |  | June 30,
|  |  |  |  | 2024 |  | 2023
|  |  |  |  | (Amounts in millions)
Impairments by segment: |  |  |  |  |  |  |
Included in direct operating expense(1): |  |  |  |  |  |  |
Motion Picture |  |  |  |  | $ | 0.3 |  |  | $ | 0.2 |
Impairments not included in segment operating results(2): |  |  |  |  |  |  |
Included in restructuring and other |  |  |  |  | 1.9 |  |  | 28.0 |
|  |  |  |  | $ | 2.2 |  |  | $ | 28.2 |
________________ (1)Impairments included in direct operating expense are included in the amortization expense amounts reflected in the table above which presents amortization of investment in film and television programs and licensed program rights by predominant monetization strategy. (2)Represents charges related to the Media Networks restructuring plan initiatives. See Note 14 for further information.

X
- Definition Investment In Films And Television Programs and Program Rights. + References No definition available. + Details
Name: | lgfa_InvestmentInFilmsAndTelevisionProgramsandProgramRightsAbstract
Namespace Prefix: | lgfa_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for entities in the entertainment industry. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 920 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/920/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 920 -SubTopic 440 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477952/920-440-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 928 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/928/tableOfContent Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 922 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/922/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 926 -Publisher FASB -URI https://asc.fasb.org/926/tableOfContent + Details
Name: | us-gaap_EntertainmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration