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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands, shares in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Oct. 01, 2023
Sep. 25, 2022
Mar. 31, 2024
Mar. 31, 2023
Dec. 25, 2022
Mar. 31, 2022
Dec. 26, 2021
Revenues $ 713,800 $ 691,600 $ 2,125,800 $ 2,106,300     $ 2,986,400 $ 3,083,800   $ 2,716,300  
Expenses                      
Direct operating 457,100 433,600 1,440,900 1,306,000     1,886,700 2,207,900   1,922,100  
Distribution and marketing 79,400 109,200 306,000 346,000     462,300 304,200   315,200  
General and administration 82,400 86,000 259,400 261,600     349,200 387,000   342,700  
Depreciation and amortization 4,400 3,000 13,200 11,100     15,600 17,900   18,100  
Restructuring and other 40,900 52,500 75,800 61,500     132,900 27,200   6,300  
Total expenses 664,200 684,300 2,095,300 1,986,200     2,846,700 2,944,200   2,604,400  
Operating income (loss) 49,600 7,300 30,500 120,100     139,700 139,600   111,900  
Interest expense (58,500) (55,500) (180,100) (157,100)     (222,500) (162,600)   (115,000)  
Interest and other income 3,100 1,700 11,400 6,900     19,200 6,400   28,000  
Other gains (losses), net 10,100 (600) (5,200) (14,300)     (20,000) (21,200)   (8,600)  
Other expense, net 10,100 (600) (5,200) (14,300)              
Gain on investments, net 0 4,400 0 2,700     3,500 44,000   1,300  
Gain (loss) on extinguishment of debt (300) 0 (1,800) 0     (1,300) (1,300)   (3,400)  
Equity interests income 7,600 4,200 8,500 5,700     8,700 500   (3,000)  
Loss before income taxes 11,600 (38,500) (136,700) (36,000)     (72,700) 5,400 $ (7,323) 11,200 $ (10,272)
Income tax provision (3,200) (6,300) (13,300) (16,700)     (34,200) (14,300) (12,738) (17,300) (1,469)
Net loss 8,400 (44,800) (150,000) (52,700)     (106,900) (8,900)   (6,100)  
Less: Net loss (income) attributable to noncontrolling interests (2,000) 3,700 (400) 6,200     13,400 8,600   17,200  
Net loss attributable to Lions Gate Entertainment Corp. shareholders $ 6,400 $ (41,100) $ (150,400) $ (46,500)     $ (93,500) $ (300)   $ 11,100  
Per share information attributable to Lions Gate Entertainment Corp. shareholders:                      
Basic net loss per common share (in usd per share) $ 0.02 $ (0.16) $ (0.53) $ (0.18)     $ (0.42) $ 0   $ 0.04  
Diluted net loss per common share (in usd per share) $ 0.02 $ (0.16) $ (0.53) $ (0.18)     $ (0.42) $ 0   $ 0.04  
Weighted average number of common shares outstanding:                      
Basic (in shares) 288.7 253.4 283.3 253.4     253.4 253.4   253.4  
Diluted (in shares) 288.7 253.4 283.3 253.4     253.4 253.4   253.4  
LIONS GATE ENTERTAINMENT CORP. [Member]                      
Revenues $ 970,500 $ 975,100 $ 2,753,800 $ 2,899,100     $ 4,016,900 $ 3,854,800   $ 3,604,300  
Expenses                      
Direct operating 567,300 510,800 1,639,700 1,549,100     2,189,200 2,312,500   2,064,200  
Distribution and marketing 174,400 220,000 606,000 686,000     911,400 801,700   861,000  
General and administration 105,900 121,000 334,900 368,100     490,500 531,100   475,400  
Depreciation and amortization 43,800 49,900 135,400 138,900     192,200 180,300   177,900  
Restructuring and other 43,300 116,900 71,900 371,000     508,500 411,900   16,800  
Goodwill and intangible asset impairment 0 0 0 663,900     663,900 1,475,000   0  
Total expenses 934,700 1,018,600 2,787,900 3,777,000     4,955,700 5,712,500   3,595,300  
Operating income (loss) 35,800 (43,500) (34,100) (877,900)     (938,800) (1,857,700)   9,000  
Interest expense (69,100) (67,100) (212,200) (192,900)     (269,800) (221,200)   (176,000)  
Interest and other income 3,100 1,800 11,600 6,500     22,100 6,400   30,800  
Other gains (losses), net 8,400 (2,500) (10,600) (19,600)              
Other expense, net             (26,900) (26,900)   (10,900)  
Gain on investments, net 0 4,400 0 2,700     3,500 44,000   1,300  
Gain (loss) on extinguishment of debt (300) 0 (6,700) 21,200     19,900 57,400   (28,200)  
Equity interests income 7,600 4,200 8,500 5,700     8,700 500   (3,000)  
Loss before income taxes (14,500) (102,700) (243,500) (1,054,300)     (1,181,300) (1,997,500)   (177,000)  
Income tax provision (4,000) (4,700) (16,000) (12,500)     65,000 (21,300)   (28,400)  
Net loss (18,500) (107,400) (259,500) (1,066,800)     (1,116,300) (2,018,800)   (205,400)  
Less: Net loss (income) attributable to noncontrolling interests (3,400) 800 14,800 3,300     13,400 8,600   17,200  
Net loss attributable to Lions Gate Entertainment Corp. shareholders $ (21,900) $ (106,600) $ (244,700) $ (1,063,500)     $ (1,102,900) $ (2,010,200)   $ (188,200)  
Per share information attributable to Lions Gate Entertainment Corp. shareholders:                      
Basic net loss per common share (in usd per share) $ (0.09) $ (0.45) $ (1.03) $ (4.56)     $ (4.77) $ (8.82)   $ (0.84)  
Diluted net loss per common share (in usd per share) $ (0.09) $ (0.45) $ (1.03) $ (4.56)     $ (4.77) $ (8.82)   $ (0.84)  
Weighted average number of common shares outstanding:                      
Basic (in shares) 240.2 235.1 238.4 233.1     233.6 227.9   224.1  
Diluted (in shares) 240.2 235.1 238.4 233.1     233.6 227.9   224.1  
Entertainment One Film and Television Business [Member]                      
Revenues         $ 419,325 $ 518,174     827,811   921,043
Expenses                      
Direct operating         320,545 394,479     634,506   734,352
Distribution and marketing         28,384 12,548     19,299   28,742
General and administration         87,555 98,221     151,176   135,755
Depreciation and amortization         18,476 19,584     26,013   26,291
Goodwill and intangible asset impairment         296,167,000 0          
Total expenses         751,127 524,832     830,994   925,140
Operating income (loss)         (331,802) (6,658)     (3,183)   (4,097)
Interest expense         29,389 7,261     14,005   8,444
Interest and other income         (5,481) (1,951)     (3,204)   (3,571)
Other expense, net         2,759 311     (6,661)   1,302
Loss before income taxes         (358,469) (12,279)     (7,323)   (10,272)
Income tax provision         (38,349) 11,237     12,738   1,469
Net loss         (320,120) (23,516)     (20,061)   (11,741)
Less: Net loss (income) attributable to noncontrolling interests         0 576     576   3,355
Net loss attributable to Lions Gate Entertainment Corp. shareholders         $ (320,120) $ (24,092)     $ (20,637)   $ (15,096)
Related Party                      
Revenues $ 87,800 $ 133,700 $ 413,500 $ 422,100     $ 545,900 $ 775,500   $ 648,200  
Expenses                      
General and administration 28,400   87,600                
Nonrelated Party                      
Revenues $ 626,000 $ 557,900 $ 1,712,300 $ 1,684,200     $ 2,440,500 $ 2,308,300   $ 2,068,100