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Programming Content (Tables)
 12 Months Ended
Mar. 31, 2024
Summary of Impairment in Investment in Films and Television Programs
Impairments.
Investment in films and television programs includes write-downs to fair value, which are included in direct operating expense on the combined statements of operations, and represented the following amounts by segment for the years ended March 31, 2024, 2023 and
2022:
 
 
  
Year Ended
March 31,
 
 
  
2024
 
  
2023
 
  
2022
 
 
  
(Amounts in millions)
 
Impairments by segment:
  
  
  
Included in direct operating expense
(1)
:
  
  
  
Motion Picture
  
$
34.6
 
  
$
6.2
 
  
$
1.2
 
Television Production
  
 
8.4
 
  
 
4.6
 
  
 
34.9
 
Impairments not included in segment operating results
(2)
  
 
12.8
 
  
 
— 
 
  
 
— 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
  
$55.8
 
  
$10.8
 
  
$36.1
 
  
 
 
 
  
 
 
 
  
 
 
 
 
(1)
Impairments included in direct operating expense are included in the amortization expense amounts disclosed above.
(2)
Amounts in fiscal 2024 represent development costs written off in connection with changes in strategy in the Television Production segment as a result of the acquisition of eOne which are included in restructuring and other.