Fair Value Measurements (Tables)

6 Months Ended

12 Months Ended

Sep. 30, 2024

Mar. 31, 2024

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Schedule of Assets and Liabilities Required to be Carried at Fair Value on a Recurring Basis

The following table sets forth the assets and liabilities required to be carried at fair value on a recurring basis as of September 30, 2024 and March 31, 2024:

	September 30, 2024								March 31, 2024
	Level 1		Level 2			Total			Level 1		Level 2			Total
Assets:	(Amounts in millions)
Interest rate swaps (see Note 18)	$	—	$	12.2		$	12.2		$	—	$	35.6		$	35.6
Liabilities:
Forward exchange contracts (see Note 18)		—		(0.6	)		(0.6	)		—		(2.8	)		(2.8	)
Interest rate swaps (see Note 18)		—		(1.7	)		(1.7	)		—		—			—

The following table sets forth the assets and liabilities required to be carried at fair value on a recurring basis as of March 31, 2024 and 2023:

	March 31, 2024								March 31, 2023
	Level 1		Level 2			Total			Level 1		Level 2			Total
	(Amounts in millions)
Assets:
Forward exchange contracts (see Note 18)	$	—	$	—		$	—		$	—	$	2.9		$	2.9
Interest rate swaps (see Note 18)		—		35.6			35.6			—		41.1			41.1
Liabilities:
Forward exchange contracts (see Note 18)		—		(2.8	)		(2.8	)		—		(0.1	)		(0.1	)

Summary Of Carrying Values And Fair Values Of The Company

The following table sets forth the carrying values and fair values of the Company’s outstanding debt, film related obligations, and interest rate swaps at March 31, 2024 and 2023:

	March 31, 2024				March 31, 2023
	(Amounts in millions)
	Carrying Value		Fair Value(1)		Carrying Value		Fair Value(1)
			(Level 2)				(Level 2)
Term Loan A	$	396.6	$	397.3	$	424.2	$	415.4
Term Loan B		816.9		818.1		827.2		817.1
Production Loans		1,286.2		1,292.2		1,346.1		1,349.9
Production Tax Credit Facility		258.7		260.0		229.4		231.8
Backlog Facility and Other		285.4		287.3		223.7		226.0
IP Credit Facility		107.6		109.9		140.8		143.8

(1) The Company measures the fair value of its outstanding debt and interest rate swaps using discounted cash flow techniques that use observable market inputs, such as SOFR-based yield curves, swap rates, and credit ratings (Level 2 measurements).

Schedule of Carrying Values and Fair Values of Company's Outstanding Debt, Film Related Obligations, and Interest Rate Swaps

The following table sets forth the carrying values and fair values of the Company’s outstanding debt and film related obligations at September 30, 2024 and March 31, 2024:

	September 30, 2024				March 31, 2024
	(Amounts in millions)
	Carrying Value		Fair Value(1)		Carrying Value		Fair Value(1)
			(Level 2)				(Level 2)
Intercompany Revolver	$	80.4	$	80.4	$	—	$	—
LGTV Revolver		417.6		421.5		569.9		575.0
LGTV Term Loan A		312.9		312.9		396.6		397.3
LGTV Term Loan B		249.7		249.7		816.9		818.1
eOne IP Credit Facility		334.0		340.0		—		—
LG IP Credit Facility		447.9		455.0		—		—
Production Loans		1,239.4		1,244.8		1,286.2		1,292.2
Production Tax Credit Facility		259.6		260.0		258.7		260.0
Backlog Facility and Other		271.9		273.2		285.4		287.3
Film Library Facility		92.3		94.2		107.6		109.9

(1) The Company measures the fair value of its outstanding debt and interest rate swaps using discounted cash flow techniques that use observable market inputs, such as SOFR-based yield curves, swap rates, and credit ratings (Level 2 measurements).

Starz Business of Lions Gate Entertainment Corp

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Summary Of Carrying Values And Fair Values Of The Company

The following table sets forth the carrying values and fair values of the Starz Business’s outstanding debt and programming notes:

	September 30, 2024				March 31, 2024
	(Amounts in millions)
	Carrying Value		Fair Value(1)		Carrying Value		Fair Value(1)
			(Level 2)				(Level 2)
5.5% Senior Notes	$	698.2	$	581.4	$	696.6	$	536.2
Programming Notes		67.9		67.9		—		—

(1) The Starz Business measures the fair value of its outstanding debt using discounted cash flow techniques that use observable market inputs, such as SOFR-based yield curves, swap rates, and credit ratings (Level 2 measurements).

The following table sets forth the carrying values and fair values of the Starz Business’s outstanding debt and programming notes:

	March 31, 2024				March 31, 2023
	(Amounts in millions)
	Carrying Value		Fair Value(1)		Carrying Value		Fair Value(1)
			(Level 2)				(Level 2)
5.5% Senior Notes	$	696.6	$	536.2	$	776.0	$	510.0
Programming Notes		—		—		83.6		83.6

(1) The Starz Business measures the fair value of its outstanding debt using discounted cash flow techniques that use observable market inputs, such as SOFR-based yield curves, swap rates, and credit ratings (Level 2 measurements).