XML 333 R6.htm IDEA: XBRL DOCUMENT v3.25.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Previously Reported
Retroactive application of recapitalization
LIONS GATE ENTERTAINMENT CORP. [Member]
Entertainment One Film And Television Business [Member]
Entertainment One Film And Television Business [Member]
Parent Company [Member]
Lions Gate Entertainment Corp. Shareholders' Equity (Deficit)
Lions Gate Entertainment Corp. Shareholders' Equity (Deficit)
Previously Reported
Lions Gate Entertainment Corp. Shareholders' Equity (Deficit)
LIONS GATE ENTERTAINMENT CORP. [Member]
Common Shares
Common Shares
Previously Reported
Common Shares
Retroactive application of recapitalization
Accumulated Deficit
Accumulated Deficit
Previously Reported
Accumulated Deficit
Retroactive application of recapitalization
Accumulated Deficit
LIONS GATE ENTERTAINMENT CORP. [Member]
Parent Net Investment
Parent Net Investment
Previously Reported
Parent Net Investment
Retroactive application of recapitalization
Parent Net Investment
Entertainment One Film And Television Business [Member]
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income
Previously Reported
Accumulated Other Comprehensive Income
LIONS GATE ENTERTAINMENT CORP. [Member]
Accumulated Other Comprehensive Income
Entertainment One Film And Television Business [Member]
Noncontrolling Interests
Noncontrolling Interests
Previously Reported
Noncontrolling Interests
LIONS GATE ENTERTAINMENT CORP. [Member]
Noncontrolling Interests
Entertainment One Film And Television Business [Member]
Class A Voting Share
Common Shares
LIONS GATE ENTERTAINMENT CORP. [Member]
Class B Non-Voting Shares
Common Shares
LIONS GATE ENTERTAINMENT CORP. [Member]
Beginning balance at Dec. 26, 2020                                       $ 972,191       $ (3,444)       $ 24,440    
Other comprehensive loss         $ 8,722                                     8,722            
Net income (loss)         (15,096)                             (15,096)                    
Share-based compensation funded by Parent         3,735                             3,735                    
Net contributions from Parent                                       68,145                    
Distributions paid to noncontrolling owners and other foreign exchange                                                       (3,857)    
Buyout of redeemable noncontrolling interest                                                       0    
Net earnings attributable to non-controlling interests                                                       3,355    
Ending balance at Dec. 26, 2021           $ 1,034,253                           1,028,975       5,278       23,938    
Beginning balance, shares at Mar. 31, 2021                   253,400,000 0 253,400,000                                 83,000,000 138,200,000
Beginning balance at Mar. 31, 2021 $ (235,300) $ (235,300) $ 0 $ 2,794,600     $ (236,900) $ (236,900) $ 2,793,000 $ 0 $ 0   $ (134,500) $ 0 $ (134,500) $ (82,900) $ 0 $ (134,500) $ 134,500   $ (102,400) $ (102,400) $ (83,300)   $ 1,600 [1] $ 1,600 [1] $ 1,600 [1]   $ 663,200 $ 2,296,000
Exercise of stock options, shares                                                         0 300,000
Exercise of stock options       4,200         4,200                                       $ 500 $ 3,700
Share-based compensation, net of share cancellations for taxes, shares                                                         300,000 3,500,000
Share-based compensation, net of share cancellations for taxes       58,200         58,200                                       $ 4,300 $ 53,900
Issuance of common shares (in shares)                                                         0 0
Issuance of common shares       400         400                                       $ 200 $ 200
Noncontrolling interests (300)     (300)                                         (300) [1]   (300) [1]      
Net loss 11,600     (187,700)     11,100   (188,200)       11,100     (188,200)                 500 [1]   500 [1]      
Other comprehensive loss 112,600     112,600     112,600   112,600             0         112,600   112,600              
Redeemable noncontrolling interests adjustment to redemption value (98,600)     (98,600)     (98,600)   (98,600)       (98,600)     (98,600)                            
Net income (loss) 11,100     (188,200)                                                    
Share-based compensation funded by Parent 70,200     100,000                                                    
Net transfers to Parent (49,500)           (49,500)           (49,500)                                  
Ending balance at Mar. 31, 2022 (259,500)     2,683,400     (261,300)   2,681,600 $ 0     (271,500)     (369,700) 0       10,200   29,300   1,800 [1]   1,800 [1]   $ 668,200 $ 2,353,800
Ending balance, shares at Mar. 31, 2022                   253,400,000                                     83,300,000 142,000,000
Beginning balance at Dec. 26, 2021           1,034,253                           1,028,975       5,278       23,938    
Other comprehensive loss         (31,081)                                     (31,081)            
Net income (loss)         (24,092)                             (24,092)                    
Share-based compensation funded by Parent         3,019                             3,019                    
Net contributions from Parent                                       86,737                    
Distributions paid to noncontrolling owners and other foreign exchange                                                       (1,500)    
Buyout of redeemable noncontrolling interest                                                       (23,014)    
Net earnings attributable to non-controlling interests                                                       576    
Ending balance at Sep. 25, 2022           1,068,836                           1,094,639       (25,803)       0    
Beginning balance at Dec. 26, 2021           1,034,253                           1,028,975       5,278       23,938    
Other comprehensive loss         (33,655)                                     (33,655)            
Net income (loss)         (20,637)                             (20,637)                    
Share-based compensation funded by Parent         4,506                             4,506                    
Net contributions from Parent                                       131,011                    
Distributions paid to noncontrolling owners and other foreign exchange                                                       (1,900)    
Buyout of redeemable noncontrolling interest                                                       (22,614)    
Net earnings attributable to non-controlling interests                                                       576    
Ending balance at Dec. 25, 2022           1,115,478                           1,143,855       (28,377)       0    
Beginning balance at Mar. 31, 2022 (259,500)     2,683,400     (261,300)   2,681,600 $ 0     (271,500)     (369,700) 0       10,200   29,300   1,800 [1]   1,800 [1]   $ 668,200 $ 2,353,800
Exercise of stock options, shares                                                         0 400,000
Exercise of stock options       3,800         3,800                                       $ 0 $ 3,800
Share-based compensation, net of share cancellations for taxes, shares                                                         200,000 3,500,000
Share-based compensation, net of share cancellations for taxes       76,900         76,900                                       $ 3,800 $ 73,100
Issuance of common shares (in shares)                                                         0 0
Issuance of common shares       500         500                                       $ 300 $ 200
Noncontrolling interests (900)     (900)         0                               (900) [1]   (900) [1]      
Net loss 300     (2,009,600)     (300)   (2,010,200)       (300)     (2,010,200)                 600 [1]   600 [1]      
Other comprehensive loss 91,300     91,600     91,300   91,600                       91,300   91,600              
Redeemable noncontrolling interests adjustment to redemption value (59,700)     (59,700)     (59,700)   (59,700)       (59,700)     (59,700)                            
Net income (loss) (300)     (2,010,200)                                                    
Share-based compensation funded by Parent 73,400     102,000                                                    
Net transfers to Parent (550,400)           (550,400)           (550,400)                                  
Ending balance at Mar. 31, 2023 (778,900) (778,900)   786,000     (780,400) (780,400) 784,500 $ 0 $ 0   (881,900) 0 (881,900) (2,439,600) 0 (881,900) 881,900   101,500 101,500 120,900   1,500 [1],[2] 1,500 [2] 1,500 [1]   $ 672,300 $ 2,430,900
Ending balance, shares at Mar. 31, 2023                   253,400,000 0 253,400,000                                 83,500,000 145,900,000
Beginning balance at Dec. 25, 2022           1,115,478                           1,143,855       (28,377)       0    
Other comprehensive loss         543                                                  
Ending balance at Oct. 01, 2023 (877,800)     (218,800)   901,817 (880,100)   (221,100) $ 0     (997,200)     (3,467,500)       929,651 117,100   136,400 (27,834) 2,300 [2]   2,300 0 $ 673,000 $ 2,437,000
Ending balance, shares at Oct. 01, 2023                   253,400,000                                     83,500,000 151,400,000
Beginning balance at Jan. 01, 2023                                       1,143,855       (28,377)       0    
Other comprehensive loss                                               543            
Net income (loss)         (320,120)                             (320,120)                    
Share-based compensation funded by Parent         $ 8,223                             8,223                    
Net contributions from Parent                                       97,693                    
Distributions paid to noncontrolling owners and other foreign exchange                                                       0    
Buyout of redeemable noncontrolling interest                                                       0    
Net earnings attributable to non-controlling interests                                                       0    
Ending balance at Oct. 01, 2023 (877,800)     (218,800)   901,817 (880,100)   (221,100) $ 0     (997,200)     (3,467,500)       929,651 117,100   136,400 (27,834) 2,300 [2]   2,300 0 $ 673,000 $ 2,437,000
Ending balance, shares at Oct. 01, 2023                   253,400,000                                     83,500,000 151,400,000
Beginning balance, shares at Mar. 31, 2023                   253,400,000 0 253,400,000                                 83,500,000 145,900,000
Beginning balance at Mar. 31, 2023 (778,900) (778,900)   786,000     (780,400) (780,400) 784,500 $ 0 $ 0   (881,900) 0 (881,900) (2,439,600) 0 (881,900) 881,900   101,500 101,500 120,900   1,500 [1],[2] 1,500 [2] 1,500 [1]   $ 672,300 $ 2,430,900
Exercise of stock options       500         500                                         $ 500
Share-based compensation, net of share cancellations for taxes, shares                                                           5,600,000
Share-based compensation, net of share cancellations for taxes       28,000         28,000                                       $ 600 $ 27,400
Issuance of common shares (in shares)                                                         100,000  
Issuance of common shares       1,000         1,000                                       $ 500 500
Net loss (45,400)     (1,062,400)     (46,500)   (1,063,500)       (46,500)     (1,063,500)                 1,100 [2]   1,100      
Other comprehensive loss (4,300)     (4,500)     (4,300)   (4,500)                       (4,300)   (4,500)              
Redeemable noncontrolling interests adjustment to redemption value (71,500)           (71,500)           (71,500)                                  
Net income (loss) (46,500)     (1,063,500)                                                    
Share-based compensation funded by Parent 53,600     75,300                                                    
Net transfers to Parent (90,600)           (90,600)           (90,600)                                  
Distributions to noncontrolling interests (800)     (800)                                         (800) [2]   (800)      
Redeemable noncontrolling interests adjustments       (71,500)         (71,500)             (71,500)                            
Ending balance at Dec. 31, 2023 (991,500)     (323,700)     (993,300)   (325,500) $ 0     (1,090,500)     (3,574,600) 0       97,200   116,400   1,800 [2]   1,800   $ 673,400 $ 2,459,300
Ending balance, shares at Dec. 31, 2023                   253,400,000                                     83,600,000 151,500,000
Beginning balance, shares at Mar. 31, 2023                   253,400,000 0 253,400,000                                 83,500,000 145,900,000
Beginning balance at Mar. 31, 2023 (778,900) (778,900)   786,000     (780,400) (780,400) 784,500 $ 0 $ 0   (881,900) 0 (881,900) (2,439,600) 0 (881,900) 881,900   101,500 101,500 120,900   1,500 [1],[2] 1,500 [2] 1,500 [1]   $ 672,300 $ 2,430,900
Exercise of stock options, shares                                                         0 0
Exercise of stock options       500         500                                       $ 0 $ 500
Share-based compensation, net of share cancellations for taxes, shares                                                         0 5,800,000
Share-based compensation, net of share cancellations for taxes       43,300         43,300                                       $ 800 $ 42,500
Issuance of common shares (in shares)                                                         100,000 0
Issuance of common shares       1,000         1,000                                       $ 500 $ 500
Noncontrolling interests (800)     (800)         0                               (800) [1]   (800) [1]      
Net loss (92,000)     (1,101,400)     (93,500)   (1,102,900)       (93,500)     (1,102,900)                 1,500 [1]   1,500 [1]      
Other comprehensive loss (4,800)     (4,900)     (4,800)   (4,900)             0         (4,800)   (4,900)              
Redeemable noncontrolling interests adjustment to redemption value (34,200)     (34,200)     (34,200)   (34,200)       (34,200)     (34,200)                            
Net income (loss) (93,500)     (1,102,900)                                                    
Share-based compensation funded by Parent 62,500     90,600                                                    
Net transfers to Parent (239,500)           (239,500)           (239,500)                                  
Ending balance at Mar. 31, 2024 (1,150,200) (1,150,200)   (310,500)     (1,152,400) (1,152,400) (312,700) $ 0 $ 0   (1,249,100) 0 (1,249,100) (3,576,700) 0 (1,249,100) 1,249,100   96,700 96,700 116,000   2,200 [1],[2] 2,200 [2] 2,200 [1]   $ 673,600 $ 2,474,400
Ending balance, shares at Mar. 31, 2024                   253,400,000 0 253,400,000                                 83,600,000 151,700,000
Beginning balance, shares at Oct. 01, 2023                   253,400,000                                     83,500,000 151,400,000
Beginning balance at Oct. 01, 2023 (877,800)     (218,800)   $ 901,817 (880,100)   (221,100) $ 0     (997,200)     (3,467,500)       $ 929,651 117,100   136,400 $ (27,834) 2,300 [2]   2,300 $ 0 $ 673,000 $ 2,437,000
Exercise of stock options       200         200                                         $ 200
Share-based compensation, net of share cancellations for taxes, shares                                                           100,000
Share-based compensation, net of share cancellations for taxes       22,100         22,100                                       $ 200 $ 21,900
Issuance of common shares (in shares)                                                         100,000  
Issuance of common shares       400         400                                       $ 200 200
Net loss (40,800)     (106,300)     (41,100)   (106,600)       (41,100)     (106,600)                 300 [2]   300      
Other comprehensive loss (19,900)     (20,000)     (19,900)   (20,000)                       (19,900)   (20,000)              
Redeemable noncontrolling interests adjustment to redemption value (500)           (500)           (500)                                  
Net income (loss) (41,100)     (106,600)                                                    
Net transfers to Parent (51,700)           (51,700)           (51,700)                                  
Distributions to noncontrolling interests (800)     (800)                                         (800) [2]   (800)      
Redeemable noncontrolling interests adjustments       (500)         (500)             (500)                            
Ending balance at Dec. 31, 2023 (991,500)     (323,700)     (993,300)   (325,500) $ 0     (1,090,500)     (3,574,600) 0       97,200   116,400   1,800 [2]   1,800   $ 673,400 $ 2,459,300
Ending balance, shares at Dec. 31, 2023                   253,400,000                                     83,600,000 151,500,000
Beginning balance, shares at Mar. 31, 2024                   253,400,000 0 253,400,000                                 83,600,000 151,700,000
Beginning balance at Mar. 31, 2024 (1,150,200) $ (1,150,200)   (310,500)     (1,152,400) $ (1,152,400) (312,700) $ 0 $ 0   (1,249,100) $ 0 $ (1,249,100) (3,576,700) 0 $ (1,249,100) $ 1,249,100   96,700 $ 96,700 116,000   2,200 [1],[2] $ 2,200 [2] 2,200 [1]   $ 673,600 $ 2,474,400
Exercise of stock options, shares                                                           100,000
Exercise of stock options       700         700                                         $ 700
Share-based compensation, net of share cancellations for taxes, shares                                                         100,000 4,800,000
Share-based compensation, net of share cancellations for taxes $ 22,500     28,900     22,500   28,900 $ 22,500                                     $ 700 $ 28,200
Issuance of common shares (in shares) 193,927                                                          
Issuance of common shares       400         400                                       200 200
Sale of noncontrolling interest in Lionsgate Studios Corp (see Note 2)       278,200         378,400             389,700             (11,300)       (100,200)      
Noncontrolling interests $ 33,600     33,600                                         33,600 [2]   33,600      
Net loss (148,400)     (257,900)     (150,500)   (244,700)       (150,500)     (244,700)                 2,100 [2]   (13,200)      
Other comprehensive loss (31,900)     (31,800)     (31,900)   (28,300)                       (31,900)   (28,300)       (3,500)      
Redeemable noncontrolling interests adjustment to redemption value 9,000           9,000           9,000                                  
Net income (loss) (150,400)     (244,700)                                                    
Share-based compensation funded by Parent 46,900     59,000                                                    
Net transfers to Parent (55,800)           (55,800)           (55,800)                                  
Distributions to noncontrolling interests (6,800)     (6,700)                                         (6,800) [2]   (6,700)      
Issuance of LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs (in shares)                   35,300,000                                        
Issuance of LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs 278,200           278,200     $ 278,200                                        
Redeemable noncontrolling interests adjustments       9,000         9,000             9,000                            
Ending balance at Dec. 31, 2024 (1,049,800)     (256,100)     (1,080,900)   (168,300) $ 300,700     (1,446,400)     (3,422,700) 0       64,800   76,400   31,100 [2]   (87,800)   $ 674,500 $ 2,503,500
Ending balance, shares at Dec. 31, 2024                   288,700,000                                     83,700,000 156,600,000
Beginning balance, shares at Sep. 30, 2024                   288,700,000                                     83,600,000 156,400,000
Beginning balance at Sep. 30, 2024 (1,038,600)     (224,600)     (1,073,500)   (142,100) $ 289,700     (1,451,800)     (3,396,400)         88,600   96,600   34,900 [2]   (82,500)   $ 674,000 $ 2,483,700
Exercise of stock options       400         400                                         $ 400
Share-based compensation, net of share cancellations for taxes, shares                                                         100,000 200,000
Share-based compensation, net of share cancellations for taxes 14,400     19,500     14,400   19,500 14,400                                     $ 300 $ 19,200
Issuance of common shares       400         400                                       200 200
Sale of noncontrolling interest in Lionsgate Studios Corp (see Note 2)       (3,400)         (4,000)             (4,000)                     600      
Net loss 8,700     (18,200)     6,400   (21,900)       6,400     (21,900)                 2,300 [2]   3,700      
Other comprehensive loss (23,800)     (23,700)     (23,800)   (20,200)                       (23,800)   (20,200)       (3,500)      
Redeemable noncontrolling interests adjustment to redemption value (400)           (400)           (400)                                  
Net income (loss) 6,400     (21,900)                                                    
Net transfers to Parent (600)           (600)           (600)                                  
Distributions to noncontrolling interests (6,100)     (6,100)                                         (6,100) [2]   (6,100)      
Issuance of LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs (3,400)           (3,400)     (3,400)                                        
Redeemable noncontrolling interests adjustments       (400)         (400)             (400)                            
Ending balance at Dec. 31, 2024 $ (1,049,800)     $ (256,100)     $ (1,080,900)   $ (168,300) $ 300,700     $ (1,446,400)     $ (3,422,700) $ 0       $ 64,800   $ 76,400   $ 31,100 [2]   $ (87,800)   $ 674,500 $ 2,503,500
Ending balance, shares at Dec. 31, 2024                   288,700,000                                     83,700,000 156,600,000
[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).