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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions
Jun. 30, 2025
Mar. 31, 2025
ASSETS    
Cash and cash equivalents $ 51,600,000 $ 17,800,000
Accounts receivable, net 55,700,000 52,700,000
Due from LG Studios Business (Note 15) 0 81,600,000
Prepaid expenses and other 15,900,000 18,400,000
Total current assets 123,200,000 170,500,000
Programming content, net 1,092,700,000 1,096,300,000
Property and equipment, net 50,400,000 48,600,000
Intangible assets, net 772,300,000 816,000,000.0
Other assets 53,000,000.0 41,800,000
Total assets 2,091,600,000 2,173,200,000
LIABILITIES    
Accounts payable 78,100,000 64,500,000
Programming related payables 378,100,000 101,800,000
Other accrued liabilities 63,600,000 64,500,000
Residuals 29,300,000 29,500,000
Programming related obligations 88,200,000 90,700,000
Deferred revenue 39,800,000 39,400,000
Due to LG Studios Business (Note 15) 0 232,100,000
Total current liabilities 677,100,000 622,500,000
Debt 611,700,000 699,900,000
Other liabilities 82,200,000 75,900,000
Deferred tax liabilities 8,300,000 8,500,000
Total liabilities 1,379,300,000 1,406,800,000
Contingencies (Note 16)
EQUITY    
Common stock, no par value, unlimited authorized, 16.7 shares issued (March 31, 2025 – nil ) 728,300,000 0
Accumulated other comprehensive income 19,200,000 19,200,000
Parent net investment 0 747,200,000
Accumulated deficit (35,200,000) 0
Total equity 712,300,000 766,400,000
Total liabilities and equity $ 2,091,600,000 $ 2,173,200,000
Common stock, shares, issued (in shares) 16.7 0.0