| Programs Rights and Obligations |
Program Rights and Obligations Program Rights Total capitalized produced and licensed content by predominant monetization strategy is as follows: | | | | | | | | | | | | | | | | | | | December 31, 2023 | | (In thousands) | Predominantly Monetized Individually | | Predominantly Monetized as a Group | | Total | | Owned original program rights, net: | | | | | | | Completed | $ | 139,363 | | | $ | 532,839 | | | $ | 672,202 | | | In-production and in-development | — | | | 284,455 | | | 284,455 | | | Total owned original program rights, net | $ | 139,363 | | | $ | 817,294 | | | $ | 956,657 | | | | | | | | | Licensed program rights, net: | | | | | | | Licensed film and acquired series | $ | 973 | | | $ | 599,607 | | | $ | 600,580 | | | Licensed originals | 1,555 | | | 169,489 | | | 171,044 | | | Advances and other production costs | — | | | 82,252 | | | 82,252 | | | Total licensed program rights, net | 2,528 | | | 851,348 | | | 853,876 | | | Program rights, net | $ | 141,891 | | | $ | 1,668,642 | | | $ | 1,810,533 | | | | | | | | | Current portion of program rights, net | | | | | $ | 7,880 | | | Program rights, net (long-term) | | | | | 1,802,653 | | | | | | | $ | 1,810,533 | | | | | | | |
| | | | | | | | | | | | | | | | | | | December 31, 2022 | | (In thousands) | Predominantly Monetized Individually | | Predominantly Monetized as a Group | | Total | | Owned original program rights, net: | | | | | | | Completed | $ | 215,496 | | | $ | 322,248 | | | $ | 537,744 | | | In-production and in-development | 45,098 | | | 294,086 | | | 339,184 | | | Total owned original program rights, net | $ | 260,594 | | | $ | 616,334 | | | $ | 876,928 | | | | | | | | | Licensed program rights, net: | | | | | | | Licensed film and acquired series | $ | 3,092 | | | $ | 642,768 | | | $ | 645,860 | | | Licensed originals | 5,373 | | | 171,418 | | | 176,791 | | | Advances and other production costs | — | | | 74,167 | | | 74,167 | | | Total licensed program rights, net | 8,465 | | | 888,353 | | | 896,818 | | | Program rights, net | $ | 269,059 | | | $ | 1,504,687 | | | $ | 1,773,746 | | | | | | | | | Current portion of program rights, net | | | | | $ | 10,807 | | | Program rights, net (long-term) | | | | | 1,762,939 | | | | | | | $ | 1,773,746 | | | | | | | |
Amortization, including write-offs, of owned and licensed program rights is as follows: | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2023 | | (In thousands) | | Predominantly Monetized Individually | | Predominantly Monetized as a Group | | Total | | | | | | | | | Owned original program rights | | $ | 154,523 | | | $ | 282,954 | | | $ | 437,477 | | | Licensed program rights | | 3,162 | | | 465,519 | | | 468,681 | | | Program rights amortization | | $ | 157,685 | | | $ | 748,473 | | | $ | 906,158 | |
| | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2022 | | (In thousands) | | Predominantly Monetized Individually | | Predominantly Monetized as a Group | | Total | | | | | | | | | Included in Technical and operating: | | | | | | | | Owned original program rights | | $ | 279,910 | | | $ | 182,695 | | | $ | 462,605 | | | Licensed program rights | | 37,935 | | | 507,930 | | | 545,865 | | | | $ | 317,845 | | | $ | 690,625 | | | $ | 1,008,470 | | | Included in Restructuring and other related charges: | | | | | | | | Owned original program rights | | $ | 192,749 | | | $ | 24,914 | | | $ | 217,663 | | | Licensed program rights | | 110,830 | | | 75,261 | | | 186,091 | | | | $ | 303,579 | | | $ | 100,175 | | | $ | 403,754 | | | | | | | | | | | | | | | |
The following table presents the expected amortization over each of the next three years of completed program rights on the consolidated balance sheet as of December 31, 2023: | | | | | | | | | | | | | | | | | | | | | | (In thousands) | | 2024 | | 2025 | | 2026 | | Owned original program rights: | | | | | | | | Predominantly Monetized Individually | | $ | 56,381 | | | $ | 40,358 | | | $ | 19,152 | | | Predominantly Monetized as a Group | | 212,874 | | | 177,484 | | | 100,634 | | | | | | | | | | Licensed program rights: | | | | | | | | Predominantly Monetized Individually | | $ | 2,064 | | | $ | 313 | | | $ | 128 | | | Predominantly Monetized as a Group | | 409,805 | | | 225,101 | | | 101,837 | |
Program rights write-offs for programming that was substantively abandoned of $17.3 million were included in technical and operating expense for the year ended December 31, 2023. For the year ended December 31, 2022, there were $403.8 million of program write-offs recorded to restructuring and other related charges in connection with the Company’s strategic programming assessments. Refer to Note 5 to the consolidated financial statements for additional information. Program rights write-offs of $12.8 million were included in technical and operating expense for the year ended December 31, 2021. Program Rights Obligations Amounts payable subsequent to December 31, 2023 related to program rights obligations included in the consolidated balance sheet are as follows: | | | | | | | (In thousands) | | | Years Ending December 31, | | | 2024 | $ | 301,221 | | | 2025 | 98,536 | | | 2026 | 33,373 | | | 2027 | 15,039 | | | 2028 | 3,268 | | | Thereafter | 727 | | | $ | 452,164 | |
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