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Investments in Productions and Investments in Acquired Content Rights
 12 Months Ended
Dec. 29, 2024
Other Industries [Abstract]  
Investments in Productions and Investments in Acquired Content Rights Investments in Productions and Investments in Acquired Content Rights
Investments in productions and investments in acquired content rights are predominantly monetized on a title-by-title basis and are recorded within Other assets in the Company's Consolidated Balance Sheets, to the extent they are considered recoverable against future revenues. These amounts are being amortized to program cost amortization using a model that reflects the consumption of the asset as it is released through various channels including broadcast licenses, theatrical release and home entertainment. Amounts capitalized are reviewed periodically on an individual film basis and any portion of the unamortized amount that appears not to be recoverable from future net revenues is expensed as part of program cost amortization during the period the loss becomes evident.
Programming costs are included in Other assets and consist of the following:
(In millions)20242023
Investment in Films and Television Programs:
Individual monetization
Released, net of amortization$62.4 $74.7 
Completed and not released— 5.1 
In production10.8 27.1 
Pre-production7.4 10.4 
Total individual monetization80.6 117.3 
Film/TV group monetization
Released, net of amortization37.5 26.0 
In production— 23.6 
Total film/TV group monetization37.5 49.6 
Investment in other programming:
Released, net of amortization6.0 16.1 
In production0.7 0.8 
Pre-production— 0.8 
Total investment in other programming6.7 17.7 
Total program investments$124.8 $184.6 
The Company's program cost amortization consisted of the following:
(In millions)202420232022
Individual monetization$36.6 $418.3 $533.0 
Film/TV group monetization8.9 17.1 15.6 
Other3.8 13.5 6.9 
Total program cost amortization$49.3 $448.9 $555.5 

Based on management’s total revenue estimates as of December 29, 2024, the Company's expected future amortization expenses for capitalized programming costs over the next three years are as follows:
(In millions)202520262027
Estimated Future Amortization Expense:
Released - Individual monetization$21.7 $19.0 $14.4 
Released - Film/TV group monetization8.5 4.2 4.9 
Total future amortization expense$30.2 $23.2 $19.3