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COMBINED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Operating Activities:      
Net loss $ (211,200,000) $ (915,200,000) $ (1,871,000,000)
Less: Net income (loss) from discontinued operations, net of tax 4,100,000 (110,600,000) (535,100,000)
Net loss from continuing operations (215,300,000) (804,600,000) (1,335,900,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 170,300,000 161,800,000 155,700,000
Amortization of programming content 638,800,000 626,500,000 645,000,000.0
Amortization of debt financing costs and other non-cash interest 3,700,000 3,200,000 3,900,000
Non-cash share-based compensation 18,000,000.0 24,600,000 25,700,000
Other amortization 7,400,000 7,500,000 9,200,000
Goodwill and intangible assets impairment 0 663,900,000 1,261,700,000
Content impairments 156,400,000 213,100,000 87,600,000
(Gain) loss on extinguishment of debt 5,600,000 (21,200,000) (58,700,000)
Deferred income taxes (2,500,000) (60,500,000) (25,100,000)
Changes in operating assets and liabilities:      
Accounts receivable, net 3,700,000 (34,900,000) (2,700,000)
Programming content [1] (945,200,000) (747,500,000) (915,500,000)
Other assets (3,700,000) (1,400,000) (6,200,000)
Accounts payable and accrued liabilities (38,200,000) (79,600,000) (12,900,000)
Residuals (1,600,000) 2,200,000 7,000,000.0
Programming related payables (46,200,000) 32,300,000 (37,600,000)
Deferred revenue 10,900,000 5,900,000 100,000
Due to LG Studios Business 198,500,000 14,600,000 14,500,000
Net Cash Flows Provided By (Used In) Operating Activities - Continuing Operations (39,400,000) 5,900,000 (184,200,000)
Net Cash Flows Used In Operating Activities - Discontinued Operations (6,600,000) (137,700,000) (254,100,000)
Net Cash Flows Used In Operating Activities (46,000,000.0) (131,800,000) (438,300,000)
Investing Activities:      
Capital expenditures (17,600,000) (20,400,000) (34,300,000)
Net Cash Flows Used In Investing Activities - Continuing Operations (99,200,000) (20,400,000) (34,300,000)
Net Cash Flows Used In Investing Activities - Discontinued Operations 0 (4,400,000) (8,200,000)
Net Cash Flows Used In Investing Activities (99,200,000) (24,800,000) (42,500,000)
Financing Activities:      
Debt - borrowings, net of debt issuance and redemption costs 412,100,000 0 0
Debt - repurchases and repayments (452,000,000.0) (61,400,000) (135,000,000.0)
Programming related obligations - borrowings 310,400,000 189,700,000 103,900,000
Programming related obligations - repayments (219,800,000) (272,500,000) (116,500,000)
Parent net investment 72,500,000 129,500,000 347,700,000
Net Cash Flows Provided By (Used In) Financing Activities - Continuing Operations 123,200,000 (14,700,000) 200,100,000
Net Cash Flows Provided By Financing Activities - Discontinued Operations 2,800,000 146,700,000 228,000,000.0
Net Cash Flows Provided By Financing Activities 126,000,000.0 132,000,000.0 428,100,000
Net Change In Cash and Cash Equivalents (19,200,000) (24,600,000) (52,700,000)
Cash and Cash Equivalents - Beginning of Period 37,000,000.0 61,600,000 114,300,000
Cash and Cash Equivalents - End of Period 17,800,000 37,000,000.0 61,600,000
Related Party      
Changes in operating assets and liabilities:      
Increase In Other Receivables (564,800,000) 0 0
Investing Activities:      
Decrease in the LG Studios Business loan receivable 483,200,000 0 0
Financing Activities:      
Parent net investment $ 75,300,000 $ 276,200,000 $ 575,700,000
[1] Programming content payments for the fiscal years ended March 31, 2025 and 2024, and 2023 includes $624.7 million, $494.0 million and $638.6 million, respectively, from the licensing of program rights from the LG Studios Business (see Note 17).