v3.24.3
Program Rights (Tables)
9 Months Ended
Sep. 30, 2024
Film, Disclosures [Abstract]  
Schedule of Program Rights by Predominant Monetization Strategy
Total capitalized produced and licensed content by predominant monetization strategy is as follows:
September 30, 2024
(In thousands) Predominantly Monetized Individually  Predominantly Monetized as a Group  Total
Owned original program rights, net:
Completed$76,360 $655,968 $732,328 
In-production and in-development — 286,056 286,056 
Total owned original program rights, net$76,360 $942,024 $1,018,384 
Licensed program rights, net:
Licensed film and acquired series$384 $574,710 $575,094 
Licensed originals— 110,282 110,282 
Advances and other production costs— 81,004 81,004 
Total licensed program rights, net384 765,996 766,380 
Program rights, net $76,744 $1,708,020 $1,784,764 
Current portion of program rights, net$9,136 
Program rights, net (long-term)1,775,628 
$1,784,764 
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 originals1,555 169,489 171,044 
Advances and other production costs— 82,252 82,252 
Total licensed program rights, net2,528 851,348 853,876 
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 
Schedule of Amortization of Owned and Licensed Program Rights
Amortization, including write-offs, of owned and licensed program rights, included in Technical and operating expenses in the condensed consolidated statements of income, is as follows:
Three Months Ended September 30, 2024Nine Months Ended September 30, 2024
(In thousands)Predominantly Monetized IndividuallyPredominantly Monetized as a GroupTotalPredominantly Monetized IndividuallyPredominantly Monetized as a GroupTotal
Owned original program rights$20,707 $77,289 $97,996 $62,872 $215,959 $278,831 
Licensed program rights148 128,846 128,994 1,980 360,895 362,875 
Program rights amortization$20,855 $206,135 $226,990 $64,852 $576,854 $641,706 
Three Months Ended September 30, 2023Nine Months Ended September 30, 2023
(In thousands)Predominantly Monetized IndividuallyPredominantly Monetized as a GroupTotalPredominantly Monetized IndividuallyPredominantly Monetized as a GroupTotal
Owned original program rights$21,116 $63,800 $84,916 $101,947 $165,547 $267,494 
Licensed program rights485 110,898 111,383 2,620 356,571 359,191 
Program rights amortization$21,601 $174,698 $196,299 $104,567 $522,118 $626,685