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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT) - USD ($)
shares in Millions, $ in Millions
Total
Starz Business of Lions Gate Entertainment Corp
Total Lionsgate Studios Corp. Equity (Deficit)
Common Shares
Accumulated Deficit
Parent Net Investment
Parent Net Investment
Starz Business of Lions Gate Entertainment Corp
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income
Starz Business of Lions Gate Entertainment Corp
Non-controlling Interests
Previously Reported
Previously Reported
Total Lionsgate Studios Corp. Equity (Deficit)
Previously Reported
Common Shares
Previously Reported
Accumulated Deficit
Previously Reported
Parent Net Investment
Previously Reported
Accumulated Other Comprehensive Income
Previously Reported
Non-controlling Interests
Retroactive application of recapitalization
Retroactive application of recapitalization
Common Shares
Retroactive application of recapitalization
Accumulated Deficit
Retroactive application of recapitalization
Parent Net Investment
Beginning balance (in shares) at Mar. 31, 2021       253.4                 0.0           253.4    
Beginning balance at Mar. 31, 2021 $ (235.3) $ 2,823.6 $ (236.9) $ 0.0 $ (134.5) $ 0.0 $ 2,804.4 $ (102.4) $ 19.2 $ 1.6 [1] $ (235.3) $ (236.9) $ 0.0 $ 0.0 $ (134.5) $ (102.4) $ 1.6 [1] $ 0.0   $ (134.5) $ 134.5
Net (loss) income 11.6 (155.3) 11.1   11.1   (155.3)     0.5 [1]                      
Net transfers to Parent (49.5) 130.1 (49.5)   (49.5)   130.1                            
Noncontrolling interests (0.3)                 (0.3) [1]                      
Redeemable noncontrolling interests adjustment to redemption value (98.6)   (98.6)   (98.6)                                
Other comprehensive loss 112.6   112.6         112.6                          
Ending balance (in shares) at Mar. 31, 2022       253.4                                  
Ending balance at Mar. 31, 2022 (259.5) 2,798.4 (261.3) $ 0.0 (271.5) 0.0 2,779.2 10.2 19.2 1.8 [1]                      
Net (loss) income 0.3 (1,871.0) (0.3)   (0.3)   (1,871.0)     0.6 [1]                      
Net transfers to Parent (550.4) 604.4 (550.4)   (550.4)   604.4                            
Noncontrolling interests (0.9)                 (0.9) [1]                      
Redeemable noncontrolling interests adjustment to redemption value (59.7)   (59.7)   (59.7)                                
Other comprehensive loss 91.3   91.3         91.3                          
Ending balance (in shares) at Mar. 31, 2023       253.4                 0.0           253.4    
Ending balance at Mar. 31, 2023 (778.9) 1,531.8 (780.4) $ 0.0 (881.9) 0.0 1,512.6 101.5 19.2 1.5 [1],[2] (778.9) (780.4) $ 0.0 0.0 (881.9) 101.5 1.5 [2]     (881.9) 881.9
Net (loss) income (45.4) (892.3) (46.5)   (46.5)   (892.3)     1.1 [2]                      
Net transfers to Parent (90.6) 117.9 (90.6)   (90.6)   117.9                            
Distributions to noncontrolling interests (0.8)                 (0.8)                      
Redeemable noncontrolling interests adjustment to redemption value (71.5)   (71.5)   (71.5)                                
Other comprehensive loss (4.3)   (4.3)         (4.3)                          
Ending balance (in shares) at Dec. 31, 2023       253.4                                  
Ending balance at Dec. 31, 2023 (991.5) 757.4 (993.3) $ 0.0 (1,090.5) 0.0 738.2 97.2 19.2 1.8 [2]                      
Beginning balance (in shares) at Mar. 31, 2023       253.4                 0.0           253.4    
Beginning balance at Mar. 31, 2023 (778.9) 1,531.8 (780.4) $ 0.0 (881.9) 0.0 1,512.6 101.5 19.2 1.5 [1],[2] (778.9) (780.4) $ 0.0 0.0 (881.9) 101.5 1.5 [2]     (881.9) 881.9
Net (loss) income (92.0) (915.2) (93.5)   (93.5)   (915.2)     1.5 [1]                      
Net transfers to Parent (239.5) 302.6 (239.5)   (239.5)   302.6                            
Noncontrolling interests (0.8)                 (0.8) [1]                      
Redeemable noncontrolling interests adjustment to redemption value (34.2)   (34.2)   (34.2)                                
Other comprehensive loss (4.8)   (4.8)         (4.8)                          
Ending balance (in shares) at Mar. 31, 2024       253.4                 0.0           253.4    
Ending balance at Mar. 31, 2024 (1,150.2) 919.2 (1,152.4) $ 0.0 (1,249.1) 0.0 900.0 96.7 19.2 2.2 [1],[2] (1,150.2) (1,152.4) $ 0.0 0.0 (1,249.1) 96.7 2.2 [2]     (1,249.1) 1,249.1
Beginning balance (in shares) at Sep. 30, 2023       253.4                                  
Beginning balance at Sep. 30, 2023 (877.8)   (880.1) $ 0.0 (997.2)     117.1   2.3 [2]                      
Net (loss) income (40.8)   (41.1)   (41.1)         0.3 [2]                      
Net transfers to Parent (51.7)   (51.7)   (51.7)                                
Distributions to noncontrolling interests (0.8)                 (0.8)                      
Redeemable noncontrolling interests adjustment to redemption value (0.5)   (0.5)   (0.5)                                
Other comprehensive loss (19.9)   (19.9)         (19.9)                          
Ending balance (in shares) at Dec. 31, 2023       253.4                                  
Ending balance at Dec. 31, 2023 (991.5) 757.4 (993.3) $ 0.0 (1,090.5) 0.0 738.2 97.2 19.2 1.8 [2]                      
Beginning balance (in shares) at Mar. 31, 2024       253.4                 0.0           253.4    
Beginning balance at Mar. 31, 2024 (1,150.2) 919.2 (1,152.4) $ 0.0 (1,249.1) 0.0 900.0 96.7 19.2 2.2 [1],[2] $ (1,150.2) $ (1,152.4) $ 0.0 $ 0.0 $ (1,249.1) $ 96.7 $ 2.2 [2]     $ (1,249.1) $ 1,249.1
Net (loss) income (148.4) (58.2) (150.5)   (150.5)   (58.2)     2.1 [2]                      
Net transfers to Parent (55.8) 50.3 (55.8)   (55.8)   50.3                            
Noncontrolling interests 33.6                 33.6 [2]                      
Distributions to noncontrolling interests (6.8)                 (6.8)                      
Redeemable noncontrolling interests adjustment to redemption value 9.0   9.0   9.0                                
Other comprehensive loss (31.9)   (31.9)         (31.9)                          
Share-based compensation, Lionsgate contribution post Separation, net of required tax withholding 22.5   22.5 $ 22.5                                  
Issuance of LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs (in shares)       35.3                                  
Issuance of LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs 278.2   278.2 $ 278.2                                  
Ending balance (in shares) at Dec. 31, 2024       288.7                                  
Ending balance at Dec. 31, 2024 (1,049.8) 911.3 (1,080.9) $ 300.7 (1,446.4) 0.0 892.1 64.8 19.2 31.1 [2]                      
Beginning balance (in shares) at Sep. 30, 2024       288.7                                  
Beginning balance at Sep. 30, 2024 (1,038.6)   (1,073.5) $ 289.7 (1,451.8)     88.6   34.9 [2]                      
Net (loss) income 8.7   6.4   6.4         2.3 [2]                      
Net transfers to Parent (0.6)   (0.6)   (0.6)                                
Distributions to noncontrolling interests (6.1)                 (6.1) [2]                      
Redeemable noncontrolling interests adjustment to redemption value (0.4)   (0.4)   (0.4)                                
Other comprehensive loss (23.8)   (23.8)         (23.8)                          
Share-based compensation, Lionsgate contribution post Separation, net of required tax withholding 14.4   14.4 14.4                                  
Issuance of LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs (3.4)   (3.4) $ (3.4)                                  
Ending balance (in shares) at Dec. 31, 2024       288.7                                  
Ending balance at Dec. 31, 2024 $ (1,049.8) $ 911.3 $ (1,080.9) $ 300.7 $ (1,446.4) $ 0.0 $ 892.1 $ 64.8 $ 19.2 $ 31.1 [2]                      
[1] Excludes redeemable noncontrolling interests, which are reflected in temporary equity (see Note 11).
[2] Excludes redeemable noncontrolling interests, which are reflected in temporary equity (see Note 10).