Film Related Obligations (Tables)

12 Months Ended

Mar. 31, 2025


	March 31, 2025		March 31, 2024
	(Amounts in millions)
Film related obligations:
Production Loans	$	1,395.4	$	1,292.2
Production Tax Credit Facility	280.0		260.0
Backlog Facility and Other	238.9		287.3
Film Library Facility	75.9		109.9
Total film related obligations	1,990.2		1,949.4
Unamortized issuance costs	(7.1)		(11.4)
Total film related obligations, net	1,983.1		1,938.0
Less current portion	(1,617.8)		(1,393.1)
Total non-current film related obligations	$	365.3	$	544.9

Future Annual Repayment of Film Related Obligations

The following table sets forth future annual repayment of film related obligations as of March 31, 2025:


	Year Ending March 31,
	2026		2027		2028		2029		2030		Thereafter		Total
	(Amounts in millions)
Production Loans	$	1,395.4	$	—	$	—	$	—	$	—	$	—	$	1,395.4
Production Tax Credit Facility	—		—		280.0		—		—		—		280.0
Backlog Facility and Other	185.1		—		53.8		—		—		—		238.9
Film Library Facility(1)	37.3		38.6		—		—		—		—		75.9
	$	1,617.8	$	38.6	$	333.8	$	—	$	—	$	—	$	1,990.2
Less unamortized issuance costs													(7.1)
													$	1,983.1

________________________

(1)Repayment dates are based on the projected future cash flows generated from the exploitation of the rights, subject to a minimum guaranteed payment amount, as applicable (see further information below).

Schedule of Cumulative Minimum Guaranteed Payments of Film Library Facility

The following table sets forth future annual contractual principal payment commitments of debt as of March 31, 2025:


	Maturity Date	Year Ending March 31,
Debt Type		2026		2027		2028		2029		2030		Thereafter		Total
		(Amounts in millions)
Intercompany Revolver(1)	—	$	81.6	$	—	$	—	$	—	$	—	$	—	$	81.6
Intercompany Note(1):
LGTV Revolver	April 2026	—		—		—		—		—		—		—
LGTV Term Loan A	April 2026	—		314.4		—		—		—		—		314.4
eOne IP Credit Facility	July 2029	34.0		34.0		34.0		34.0		187.0		—		323.0
LG IP Credit Facility	September 2029	100.0		100.0		100.0		100.0		578.8		—		978.8
		$	215.6	$	448.4	$	134.0	$	134.0	$	765.8	$	—	$	1,697.8
Less aggregate unamortized debt issuance costs														(24.8)
														$	1,673.0

________________________

(1)In connection with the Starz Separation, all outstanding obligations in respect of principal, interest and fees under the Intercompany Revolver and Intercompany Note were repaid in full. See Starz Separation below and Note 22 for further information.

The cash flows generated from the exploitation of the rights will be applied to repay the Film Library Facility subject to cumulative minimum guaranteed payment amounts as set forth below:

Cumulative Period From September 29, 2022 Through:

Cumulative Minimum Guaranteed Payment Amounts

Payment Due Date

(in millions)

September 30, 2025

$91.1

November 14, 2025

September 30, 2026

$121.4

November 14, 2026

July 30, 2027

$161.9

July 30, 2027