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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Revenue $ 588.4 $ 625.0 $ 2,986.4 $ 3,083.8 $ 2,716.3
Expenses:          
Direct operating 355.8 362.1 1,886.7 2,207.9 1,922.1
Distribution and marketing 92.6 129.2 462.3 304.2 315.2
General and administration 92.1 88.4 349.2 387.0 342.7
Depreciation and amortization 4.6 4.2 15.6 17.9 18.1
Restructuring and other 27.7 4.1 132.9 27.2 6.3
Total expenses 572.8 588.0 2,846.7 2,944.2 2,604.4
Operating income 15.6 37.0 139.7 139.6 111.9
Interest expense (58.6) (49.9) (222.5) (162.6) (115.0)
Interest and other income 5.1 2.2 19.2 6.4 28.0
Other expense (1.4) (3.8) (20.0) (21.2) (8.6)
Loss on extinguishment of debt (1.0) 0.0 (1.3) (1.3) (3.4)
Gain on investments, net     3.5 44.0 1.3
Equity interests income (loss) 0.9 (0.3) 8.7 0.5 (3.0)
Loss before income taxes (39.4) (14.8) (72.7) 5.4 11.2
Income tax provision (5.0) (6.6) (34.2) (14.3) (17.3)
Net loss (44.4) (21.4) (106.9) (8.9) (6.1)
Less: Net loss attributable to noncontrolling interests 0.9 0.9 13.4 8.6 17.2
Net loss attributable to Lionsgate Studios Corp. shareholders $ (43.5) $ (20.5) $ (93.5) $ (0.3) $ 11.1
Per share information attributable to Lionsgate Studios Corp. shareholders:          
Basic net loss per common share (in USD per share) $ (0.16) $ (0.08) $ (0.42) $ 0 $ 0.04
Diluted net loss per common share (in USD per share) $ (0.16) $ (0.08) $ (0.42) $ 0 $ 0.04
Weighted average number of common shares outstanding:          
Basic (in shares) 272.4 253.4 253.4 253.4 253.4
Diluted (in shares) 272.4 253.4 253.4 253.4 253.4
Starz Business of Lions Gate Entertainment Corp          
Revenue $ 347.6 $ 344.2 $ 1,392.4 $ 1,422.5 $ 1,450.7
Expenses:          
Direct operating 163.9 180.1 692.6 715.9 655.7
Distribution and marketing 106.0 106.5 423.6 423.5 450.9
General and administration 26.6 31.8 129.2 124.0 116.0
Depreciation and amortization 41.6 38.7 161.8 155.7 152.6
Restructuring and other (0.6) 2.1 224.8 89.9 10.5
Impairment of goodwill and trade name     663.9 1,261.7 0.0
Total expenses 337.5 359.2 2,295.9 2,770.7 1,385.7
Operating income 10.1 (15.0) (903.5) (1,348.2) 65.0
Interest expense (10.8) (12.1) (47.2) (58.6) (60.9)
Interest and other income 0.8 0.0 3.5 0.6 0.5
Other expense (1.7) (2.2) (7.5) (6.7) (2.7)
Loss on extinguishment of debt (4.9) 21.2 21.2 58.7 (24.8)
Loss before income taxes (6.5) (8.1) (933.5) (1,354.2) (22.9)
Income tax provision 7.6 (0.4) 128.9 18.3 (7.1)
Net income (loss) from continuing operations, net of tax 1.1 (8.5) (804.6) (1,335.9) (30.0)
Net income (loss) from discontinued operations, net of income taxes 3.1 (24.0) (110.6) (535.1) (125.3)
Net loss 4.2 (32.5) (915.2) (1,871.0) (155.3)
Net loss attributable to Lionsgate Studios Corp. shareholders 4.2 (32.5) (915.2) (1,871.0) (155.3)
Nonrelated Party          
Revenue 484.6 527.5 2,440.5 2,308.3 2,068.1
Related Party          
Revenue $ 103.8 $ 97.5 $ 545.9 $ 775.5 $ 648.2