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Leases (Tables)
 12 Months Ended
Mar. 31, 2025
Lessee, Lease, Description [Line Items]  
Lease, Cost
The components of lease cost were as follows:
Year Ended
March 31,
202520242023
(Amounts in millions)
Operating lease cost(1)
$66.5 $48.7 $35.3 
Short-term lease cost(2)
161.2 96.2 145.0 
Variable lease cost(3)
4.3 3.0 2.8 
Total lease cost$232.0 $147.9 $183.1 
___________________
(1)Operating lease cost amounts primarily represent the amortization of right-of-use assets and are included in the “other non-cash items” line of the consolidated statements of cash flows. Amounts include costs capitalized during the period for leased assets used in the production of film and television programs.
(2)Short-term lease cost primarily consists of leases of facilities and equipment associated with film and television productions and are capitalized when incurred.
(3)Variable lease cost primarily consists of insurance, taxes, maintenance and other operating costs.
March 31, 2025March 31, 2024
Weighted average remaining lease term (in years):
Operating leases9.09.4
Weighted average discount rate:
Operating leases5.54 %5.37 %
Schedule of Balance Sheet Information, Lessee
Supplemental balance sheet information related to leases was as follows:
CategoryBalance Sheet LocationMarch 31, 2025March 31, 2024
Operating Leases(Amounts in millions)
Right-of-use assetsOther assets - non-current$294.1 344.3 
Lease liabilities (current)Other accrued liabilities$44.0 44.4 
Lease liabilities (non-current)Other liabilities - non-current290.7 329.7 
$334.7 $374.1 
Lessee, Operating Lease, Liability, to be Paid, Maturity
The expected future payments relating to the Company's lease liabilities at March 31, 2025 are as follows:
Operating
Leases
(Amounts in millions)
Year ending March 31,
2026$56.2 
202751.0 
202849.0 
202946.5 
203039.3 
Thereafter186.0 
Total lease payments428.0 
Less imputed interest(93.3)
Total$334.7 
Lions Gate Entertainment Corp.  
Lessee, Lease, Description [Line Items]  
Lease, Cost
The components of lease cost were as follows:
Year Ended
March 31,
202520242023
(Amounts in millions)
Operating lease cost(1)
$76.3 $61.4 $48.4 
Short-term lease cost(2)
161.2 96.2 145.0 
Variable lease cost(3)
5.5 3.4 3.1 
Total lease cost$243.0 $161.0 $196.5 
___________________
(1)Operating lease cost amounts primarily represent the amortization of right-of-use assets and are included in the “other non-cash items” line of the consolidated statements of cash flows. Amounts include costs capitalized during the period for leased assets used in the production of film and television programs.
(2)Short-term lease cost primarily consists of leases of facilities and equipment associated with film and television productions and are capitalized when incurred.
(3)Variable lease cost primarily consists of insurance, taxes, maintenance and other operating costs.
March 31,
2025		March 31,
2024
Weighted average remaining lease term (in years):
Operating leases8.59.0
Weighted average discount rate:
Operating leases5.36 %5.24 %
Schedule of Balance Sheet Information, Lessee
Supplemental balance sheet information related to leases was as follows:
CategoryBalance Sheet LocationMarch 31,
2025		March 31,
2024
Operating Leases(Amounts in millions)
Right-of-use assetsOther assets - non-current$331.4 388.8 
Lease liabilities (current)Other accrued liabilities$53.8 53.4 
Lease liabilities (non-current)Other liabilities - non-current336.4 385.1 
$390.2 438.5 
Lessee, Operating Lease, Liability, to be Paid, Maturity
The expected future payments relating to the Company's lease liabilities at March 31, 2025 are as follows:
Operating
Leases
(Amounts in millions)
Year ending March 31,
2026$68.0 
202763.4 
202861.4 
202952.4 
203042.9 
Thereafter202.5 
Total lease payments490.6 
Less imputed interest(100.4)
Total$390.2