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Acquisitions (Tables)
 3 Months Ended
Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule Reconciling Proceeds of Business Combination The following table reconciles the gross proceeds to the net proceeds reflected in the consolidated statement of cash flows and the consolidated statement of equity (deficit):
(Amounts in millions)
Total gross cash proceeds
$330.0 
Less: SEAC warrant exchange payment (1)
(12.5)
Less: Transaction costs(34.8)
Net proceeds from the sale of noncontrolling interest in Lionsgate Studios Corp. per the condensed consolidated statement of equity (deficit)282.7 
Add: Transaction costs accrued and not paid, net of transaction costs previously paid11.3 
Net cash proceeds from the sale of noncontrolling interest in Lionsgate Studios per the condensed consolidated statement of cash flows$294.0 
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(1) Prior to the Closing, each of the then issued and outstanding whole warrants of SEAC, sold as part of SEAC’s initial public offering (the “SEAC Public Warrants”) was automatically exchanged for $0.50 in cash pursuant to the terms of an amendment to the agreement governing the SEAC Public Warrants. As of the Closing, no SEAC Public Warrants were outstanding.
Schedule of Purchase Price Allocation to Tangible and Intangible Assets Acquired and Liabilities Assumed
The preliminary allocation of the purchase price to the assets acquired and liabilities assumed (including measurement period adjustments recorded through June 30, 2024, see Note 5), and a reconciliation to total consideration transferred is presented in the table below:
(Amounts in millions)
Cash and cash equivalents$54.1 
Accounts receivable294.6 
Investment in films and television programs371.8 
Property and equipment14.0 
Intangible assets4.0 
Other assets(1)
171.8 
Accounts payable and accrued liabilities(66.7)
Content related payable(38.8)
Participations and residuals(1)
(199.6)
Film related obligations(1)
(105.8)
Other liabilities and deferred revenue(1)
(130.9)
Preliminary fair value of net assets acquired368.5 
Goodwill16.6 
Preliminary purchase price consideration at June 30, 2024(2)
$385.1 
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(1)Includes current and non-current amounts.
(2)The preliminary purchase price consideration excludes amounts related to the settlement of the final purchase price subsequent to June 30, 2024, as disclosed above.
Pro Forma Statement of Operations Information The following unaudited pro forma condensed consolidated statement of operations information presented below illustrates the results of operations of the Company as if the acquisition of eOne as described above occurred on April 1, 2023. The unaudited pro forma condensed consolidated financial information is presented for informational purposes and is not indicative of the results of operations that would have been achieved if the acquisition had occurred on April 1, 2023, nor is it indicative of future results. The statement of operations information below includes the
statement of operations of eOne for the three months ended June 30, 2023 combined with the Company's statement of operations for the three months ended June 30, 2023.

Three Months Ended
June 30,
2023
 (Amounts in millions)
Revenues$1,051.0 
Net loss attributable to Lions Gate Entertainment Corp. shareholders$(361.3)