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Revenue (Tables)
6 Months Ended 12 Months Ended
Sep. 30, 2024
Mar. 31, 2024
Disaggregation of Revenue [Line Items]    
Schedule of Revenues by Segment, Market or Product Line
The table below presents revenues by segment, market or product line for the three and six months ended September 30, 2024 and 2023. The Motion Picture and Television Production segments include the revenues of eOne from the acquisition date of December 27, 2023 (see Note 3).
 
 
  
Three Months Ended
September 30,
 
  
Six Months Ended
September 30,
 
 
  
2024
 
  
2023
 
  
2024
 
  
2023
 
 
  
(Amounts in millions)
 
Revenue by Type:
           
Motion Picture
           
Theatrical
   $ 20.1      $ 28.2      $ 56.1      $ 94.1  
Home Entertainment
           
Digital Media
     114.5        165.7        254.6        339.8  
Packaged Media
     12.5        16.1        21.8        42.0  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total Home Entertainment
     127.0        181.8        276.4        381.8  
Television
     108.7        100.8        196.7        149.3  
International
     148.0        79.7        216.0        160.7  
Other
     3.3        5.4        8.8        16.6  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total Motion Picture revenues
(1)
     407.1        395.9        754.0        802.5  
Television Production
           
Television
     313.1        221.8        473.2        371.9  
International
     49.7        73.6        85.5        105.6  
Home Entertainment
           
Digital Media
     34.3        84.2        53.2        96.0  
Packaged Media
     0.5        0.3        1.3        0.7  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total Home Entertainment
     34.8        84.5        54.5        96.7  
Other
     19.0        14.0        44.8        38.2  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total Television Production revenues
(2)
     416.6        393.9        658.0        612.4  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total revenues
   $ 823.7      $ 789.8      $ 1,412.0      $ 1,414.9  
  
 
 
    
 
 
    
 
 
    
 
 
 
 
(1)
Total Motion Picture revenues for the three months ended September 30, 2024 and 2023 includes $72.1 million and $60.5 million, respectively, of revenues from licensing Motion Picture segment product to the Starz Business. Total Motion Picture revenues for the six months ended September 30, 2024 and 2023 includes $136.3 million and $77.1 million, respectively, of revenues from licensing Motion Picture segment product to the Starz Business.
(2)
Total Television Production revenues for the three months ended September 30, 2024 and 2023 includes $149.9 million and $130.3 million, respectively, of revenues from licensing Television Production segment product to the Starz Business. Total Television Production revenues for the six months ended September 30, 2024 and 2023 includes $189.4 million and $211.3 million, respectively, of revenues from licensing Television Production segment product to the Starz Business.
The table below presents revenues by segment, market or product line for the fiscal years ended March 31, 2024, 2023 and 2022. The Motion Picture and Television Production segments include the revenues of eOne from the acquisition date of December 27, 2023 (see Note 2).
 
    
Year Ended

March 31,
 
    
2024
    
2023
    
2022
 
    
(Amounts in millions)
 
Revenue by Type:
        
Motion Picture
        
Theatrical
   $ 226.5      $ 120.7      $ 65.3  
Home Entertainment
        
Digital Media
     652.3        527.5        497.1  
Packaged Media
     84.0        70.5        115.0  
  
 
 
    
 
 
    
 
 
 
Total Home Entertainment
     736.3        598.0        612.1  
Television
     274.4        217.8        257.9  
International
     391.0        365.0        234.4  
Other
     28.1        22.2        15.6  
  
 
 
    
 
 
    
 
 
 
Total Motion Picture revenues
(1)
     1,656.3        1,323.7        1,185.3  
 
 
  
Year Ended

March 31,
 
 
  
2024
 
  
2023
 
  
2022
 
 
  
(Amounts in millions)
 
Television Production
        
Television
     788.5        1,144.3        1,094.5  
International
     228.8        277.7        256.5  
Home Entertainment
        
Digital Media
     240.6        241.7        85.1  
Packaged Media
     2.0        3.3        6.9  
  
 
 
    
 
 
    
 
 
 
Total Home Entertainment
     242.6        245.0        92.0  
Other
     70.2        93.1        88.0  
  
 
 
    
 
 
    
 
 
 
Total Television Production revenues
(2)
     1,330.1        1,760.1        1,531.0  
  
 
 
    
 
 
    
 
 
 
Total revenues
   $ 2,986.4      $ 3,083.8      $ 2,716.3  
  
 
 
    
 
 
    
 
 
 
 
(1)
Total Motion Picture revenues for the years ended March 31, 2024, 2023 and 2022, includes $128.2 million, $44.2 million, and $38.0 million, respectively, of revenues from licensing Motion Picture segment product to the Starz Business.
(2)
Total Television Production revenues for the years ended March 31, 2024, 2023 and 2022, includes $417.7 million, $731.3 million, and $610.2 million, respectively, of revenues from licensing Television Production segment product to the Starz Business.
Schedule of Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at September 30, 2024 are as follows:
 
    
Rest of Year Ending
March 31,
    
Year Ending March 31,
               
    
2025
    
 2026 
    
 2027 
    
Thereafte
r
    
Total
 
    
(Amounts in millions)
 
Remaining Performance Obligations
   $ 824.0      $ 781.8      $ 114.4      $ 58.6      $ 1,778.8  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at March 31, 2024 are as follows:
 
    
Year Ending March 31,
               
    
2025
    
2026
    
2027
    
Thereafter
    
Total
 
    
(Amounts in millions)
 
Remaining Performance Obligations
   $ 1,180.1      $ 486.3      $ 48.5      $ 51.0      $ 1,765.9  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Schedule of Accounts Receivable, Provision for Doubtful Accounts
Changes in the provision for doubtful accounts consisted of the following:
 
    
March 31
,
2024
    
(Benefit)
provision for
doubtful
accounts
   
Other
(1)
    
Uncollectible
accounts
written-off
   
September 30
,
2024
 
    
(Amounts in millions)
 
Provision for doubtful accounts
   $ 6.4      $ (1.1   $ 2.5      $ (1.0   $ 6.8  
 
(1)
Represents a measurement period adjustment to the provision for doubtful accounts acquired in the acquisition of eOne (see Note 3).
Changes in the provision for doubtful accounts consisted of the following:
 
    
March 31,
2023
    
(Benefit)
provision
for
doubtful
accounts
   
Other
(1)
    
Uncollectible
accounts
written-off
(2)
   
March 31,
2024
 
    
(Amounts in millions)
 
Trade accounts receivable
   $ 8.7      $ (0.3   $ 1.3      $ (3.3   $ 6.4  
 
(1)
Represents the provision for doubtful accounts acquired in the acquisition of eOne (see Note 2).
(2)
Represents primarily accounts receivable previously reserved for bad debt from customers in Russia, related to Russia’s invasion of Ukraine.
Starz Business of Lions Gate Entertainment Corp    
Disaggregation of Revenue [Line Items]    
Schedule of Revenues by Segment, Market or Product Line
The table below presents programming revenues by segment:
 
    
Six Months Ended
September 30,
 
    
2024
    
2023
 
    
(Amounts in millions)
 
Programming Revenues
     
Starz Networks
   $ 688.2      $ 685.6  
International
(1)
     6.3        5.2  
  
 
 
    
 
 
 
Total revenues
   $ 694.5      $ 690.8  
  
 
 
    
 
 
 
 
(1)
Includes the continuing operations in India.
The table below presents programming revenues by segment:
 
    
Year Ended

March 31,
 
    
2024
    
2023
    
2022
 
    
(Amounts in millions)
 
Programming Revenues
        
Starz Networks
   $ 1,382.7      $ 1,413.1      $ 1,446.1  
International
(1)
     9.7        9.4        4.6  
  
 
 
    
 
 
    
 
 
 
Total revenues
   $ 1,392.4      $ 1,422.5      $ 1,450.7  
  
 
 
    
 
 
    
 
 
 
 
(1)
Includes the continuing operations in India.
Schedule of Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at September 30, 2024 are as follows:

 
  
Rest of Year
Ending March 31,
2025
 
  
Year Ending March 31,
 
  
 
 
  
 
 
 
  
2026
 
  
2027
 
  
Thereafter
 
  
Total
 
 
  
(Amounts in millions)
 
Remaining Performance Obligations
   $ 28.5
 
 
   $ 1.0      $ — 
 
 
 

   $ —       $ 29.5  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at March 31, 2024 are as follows:
 
    
Year Ending March 31,
               
    
2025
    
2026
    
2027
    
Thereafter
    
Total
 
    
(Amounts in millions)
 
Remaining Performance Obligations
   $ 28.5      $      $      $      $ 28.5