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CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT) - USD ($)
$ in Millions
Total
Previously Reported
Retroactive application of recapitalization
LIONS GATE ENTERTAINMENT CORP. [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
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income
Previously Reported
Accumulated Other Comprehensive Income
LIONS GATE ENTERTAINMENT CORP. [Member]
Noncontrolling Interests
[1]
Noncontrolling Interests
Previously Reported
[1]
Noncontrolling Interests
LIONS GATE ENTERTAINMENT CORP. [Member]
[2]
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, shares at Mar. 31, 2022               253,400,000 0 253,400,000                           83,300,000 142,000,000
Beginning balance at Mar. 31, 2022 $ (259.5) $ (259.5) $ 0.0 $ 2,683.4 $ (261.3) $ (261.3) $ 2,681.6 $ 0.0 $ 0.0   $ (271.5) $ 0.0 $ (271.5) $ (369.7) $ 0.0 $ (271.5) $ 271.5 $ 10.2 $ 10.2 $ 29.3 $ 1.8 $ 1.8 $ 1.8 $ 668.2 $ 2,353.8
Exercise of stock options, shares                                               0 400,000
Exercise of stock options       3.8     3.8                                 $ 0.0 $ 3.8
Share-based compensation, net of share cancellations for taxes, shares                                               200,000 3,500,000
Share-based compensation, Old Lionsgate contribution post Studio Separation, net of required tax withholding       76.9     76.9                                 $ 3.8 $ 73.1
Issuance of common shares (in shares)                                               0 0
Issuance of common shares       0.5     0.5                                 $ 0.3 $ 0.2
Noncontrolling interests (0.9)     (0.9)                                 (0.9)   (0.9)    
Net (loss) income 0.3     (2,009.6) (0.3)   (2,010.2)       (0.3)     (2,010.2)             0.6   0.6    
Other comprehensive loss 91.3     91.6 91.3   91.6             0.0       91.3   91.6          
Redeemable noncontrolling interests adjustments (59.7)     (59.7) (59.7)   (59.7)       (59.7)     (59.7)                      
Net transfers to Parent (550.4)       (550.4)           (550.4)                            
Ending balance at Mar. 31, 2023 (778.9)       (780.4)   784.5 $ 0.0     (881.9)     (2,439.6) 0.0     101.5   120.9 1.5   1.5 $ 672.3 $ 2,430.9
Ending balance, shares at Mar. 31, 2023               253,400,000                               83.5 145.9
Exercise of stock options, shares                                               0 0
Exercise of stock options       0.5     0.5                                 $ 0.0 $ 0.5
Share-based compensation, net of share cancellations for taxes, shares                                               0 5,800,000
Share-based compensation, Old Lionsgate contribution post Studio Separation, net of required tax withholding       43.3     43.3                                 $ 0.8 $ 42.5
Issuance of common shares (in shares)                                               100,000 0
Issuance of common shares       1.0     1.0                                 $ 0.5 $ 0.5
Noncontrolling interests (0.8)     (0.8)     0.0                           (0.8)   (0.8)    
Net (loss) income (92.0)     (1,101.4) (93.5)   (1,102.9)       (93.5)     (1,102.9)             1.5   1.5    
Other comprehensive loss (4.8)     (4.9) (4.8)   (4.9)                     (4.8)   (4.9)          
Redeemable noncontrolling interests adjustments (34.2)     (34.2) (34.2)   (34.2)       (34.2)     (34.2)                      
Net transfers to Parent (239.5)       (239.5)           (239.5)                            
Ending balance at Mar. 31, 2024 (1,150.2)     (310.5) (1,152.4)   (312.7) $ 0.0     (1,249.1)     (3,576.7) 0.0     96.7   116.0 2.2   2.2 $ 673.6 $ 2,474.4
Ending balance, shares at Mar. 31, 2024               253,400,000                               83,600,000 151,700,000
Exercise of stock options, shares                                               0 100,000
Exercise of stock options       0.7     0.7                                 $ 0.0 $ 0.7
Share-based compensation, net of share cancellations for taxes, shares                                               100,000 5,000,000
Share-based compensation, Old Lionsgate contribution post Studio Separation, net of required tax withholding 33.7     47.7 33.7   47.7 $ 33.7                               $ 0.9 $ 46.8
Issuance of common shares (in shares)                                               0 0
Issuance of common shares       0.4     0.4                                 $ 0.2 $ 0.2
Sale of noncontrolling interest in Legacy Lionsgate Studios Corp. (see Note 2)       278.2     378.4             389.7           (11.3)     (100.2)    
Noncontrolling interests 33.6     33.6     0.0                           33.6   33.6    
Net (loss) income (125.2)     (371.9) (128.5)   (362.0)       (128.5)     (362.0)             3.3   (9.9)    
Other comprehensive loss (35.8)     (35.6) (35.8)   (32.1)             0.0       (35.8)   (32.1)     (3.5)    
Redeemable noncontrolling interests adjustments 14.9     14.9 14.9   14.9       14.9     14.9                      
Net transfers to Parent (55.5)       (55.5)           (55.5)                            
Distributions to noncontrolling interests (10.3)     (10.2)                                 (10.3)   (10.2)    
Issuance of LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs (in shares)               35.3                                  
Issuance of Legacy LG Studios Common Shares upon Business Combination and PIPE Investments, net of issuance costs 278.2       278.2     $ 278.2                                  
Ending balance at Mar. 31, 2025 $ (1,016.6)     $ (352.7) $ (1,045.4)   $ (264.7) $ 311.9     $ (1,418.2)     $ (3,534.1) $ 0.0     $ 60.9   $ 72.6 $ 28.8   $ (88.0) $ 674.7 $ 2,522.1
Ending balance, shares at Mar. 31, 2025               288,700,000                               83,700,000 156,800,000
[1] Excludes redeemable noncontrolling interests, which are reflected in temporary equity (see Note 12).
[2] Excludes redeemable noncontrolling interests, which are reflected in temporary equity (see Note 11).