Revenue (Tables)

9 Months Ended

12 Months Ended

Dec. 31, 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 nine months ended December 31, 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 December 31,				Nine Months Ended December 31,
	2024		2023		2024		2023
	(Amounts in millions)
Revenue by Type:
Motion Picture
Theatrical	$	35.0	$	100.1	$	91.1	$	194.2
Home Entertainment
Digital Media		145.7		155.5		400.3		495.3
Packaged Media		16.0		21.0		37.8		63.0
Total Home Entertainment		161.7		176.5		438.1		558.3
Television		38.3		65.3		235.0		214.5
International		68.3		94.7		284.3		255.3
Other		5.9		6.6		14.8		23.3
Total Motion Picture revenues(1)		309.2		443.2		1,063.3		1,245.6
Television Production
Television		259.9		182.3		733.1		554.2
International		59.3		32.1		144.8		137.7
Home Entertainment
Digital Media		55.5		17.4		108.7		113.4
Packaged Media		1.7		0.3		3.0		1.0
Total Home Entertainment		57.2		17.7		111.7		114.4
Other		28.2		16.3		72.9		54.4
Total Television Production revenues(2)		404.6		248.4		1,062.5		860.7
Total revenues	$	713.8	$	691.6	$	2,125.8	$	2,106.3

(1) Total Motion Picture revenues for the three months ended December 31, 2024 and 2023 includes $9.9 million and $36.6 million, respectively, of revenues from licensing Motion Picture segment product to the Starz Business. Total Motion Picture revenues for the nine months ended December 31, 2024 and 2023 includes $146.2 million and $113.7 million, respectively, of revenues from licensing Motion Picture segment product to the Starz Business.

(2) Total Television Production revenues for the three months ended December 31, 2024 and 2023 includes $77.9 million and $97.1 million, respectively, of revenues from licensing Television Production segment product to the Starz Business. Total Television Production revenues for the nine months ended December 31, 2024 and 2023 includes $267.3 million and $308.4 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 December 31, 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	$	618.4	$	783.7	$	184.9	$	139.0	$	1,726.0

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			December 31, 2024
	(Amounts in millions)
Provision for doubtful accounts	$	6.4	$	(0.9	)	$	2.5	$	(1.0	)	$	7.0

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:

 

	Nine Months Ended December 31,
	2024		2023
	(Amounts in millions)
Programming Revenues
Starz Networks	$	1,030.1	$	1,032.6
International (1)		8.9		7.4
Total revenues	$	1,039.0	$	1,040.0

(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 December 31, 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	$	26.4	$	8.1	$	—	$	—	$	34.5

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