true0002006191A100-0000000Excludes redeemable noncontrolling interests, which are reflected in temporary equity (see Note 11).Total share-based compensation expense in the years ended March 31, 2024, 2023 and 2022 includes $15.0 million, $26.7 million and $19.6 million, respectively, of corporate allocation of share-based compensation expense, representing the allocation of Lionsgate’s corporate employee share-based compensation expense.Amounts represent certain unusual content charges. In the fiscal year ended March 31, 2023, the amounts represent development costs written off as a result of changes in strategy across the Company’s theatrical slate in connection with certain management changes and changes in the theatrical marketplace in the Motion Picture segment. These charges are excluded from segment results and included in amortization of investment in film and television programs in direct operating expense on the combined statement of operations.Amounts reflected in direct operating expense include incremental costs associated with the pausing and restarting of productions including paying/hiring certain cast and crew, maintaining idle facilities and equipment costs resulting from circumstances associated with the COVID-19 global pandemic, net of insurance recoveries of $1.0 million, $8.4 million and $15.6 million in fiscal 2024, 2023 and 2022, respectively. In fiscal years ended March 31, 2024, 2023 and 2022, insurance recoveries exceeded the incremental costs expensed in the year, resulting in a net benefit included in direct operating expense. The Company is in the process of seeking additional insurance recovery for some of these costs. The ultimate amount of insurance recovery cannot be estimated at this time.Other unallocated assets primarily consist of cash, other assets and investments.Represents unallocated capital expenditures primarily related to the Company’s corporate headquarters.(i) These adjustments include the expense associated with the noncontrolling equity interests in the distributable earnings related to 3 Arts Entertainment, and the non-cash charges for the accretion of the noncontrolling interest discount related to Pilgrim Media Group (through June 2021) and 3 Arts Entertainment (through November 2022), and the amortization of the recoupable portion of the purchase price (through May 2023) related to 3 Arts Entertainment, all of which are accounted for as compensation and are included in general and administrative expense, as presented in the table below. The noncontrolling equity interests in the distributable earnings of 3 Arts Entertainment are reflected as an expense rather than noncontrolling interest in the combined statements of operations due to the relationship to continued employment.Includes share-based compensation expense related to the allocation of Lionsgate corporate and shared employee share-based compensation expenses of $15.0 million in fiscal year 2024 (2023- $26.7 million, 2022 - $19.6 million).Content charges represent certain charges included in direct operating expense in the combined statements of operations, and excluded from segment operating results (see Note 15).Represents share-based compensation expense included in restructuring and other expenses reflecting the impact of the acceleration of vesting schedules for equity awards pursuant to certain severance arrangements.Includes cash interest payments on the Company’s Senior Credit Facilities and film related obligations, based on the applicable SOFR interest rates at March 31, 2024, net of payments and receipts from the Company’s interest rate swaps, and excluding the interest payments on the revolving credit facility as future amounts are not fixed or determinable due to fluctuating balances and interest rates.Not included in the amounts above are $123.3 million of redeemable noncontrolling interest, as future amounts and timing are subject to a number of uncertainties such that the Company is unable to make sufficiently reliable estimations of future payments (see Note 11).Film related obligations commitments are not reflected on the combined balance sheets as they did not then meet the criteria for recognition and include the following items: (i) Distribution and marketing commitments represent contractual commitments for future expenditures associated with distribution and marketing of films which the Company will distribute. The payment dates of these amounts are primarily based on the anticipated release date of the film. (ii) Minimum guarantee commitments represent contractual commitments related to the purchase of film rights for pictures to be delivered in the future. (iii)Production loan commitments represent amounts committed for future film production and development to be funded through production financing and recorded as a production loan liability when incurred. Future payments under these commitments are based on anticipated delivery or release dates of the related film or contractual due dates of the commitment. The amounts include estimated future interest payments associated with the commitment.Amounts represent charges related to Russia’s invasion of Ukraine, primarily related to bad debt reserves for accounts receivable from customers in Russia, included in direct operating expense in the combined statements of operations.Represents the re-designated swaps as described in the May 2022 Transactions section below that were previously not designated cash flow hedges at March 31, 2022Long-lived assets represents total assets less the following: current assets, investments, long-term receivables, interest rate swaps, intangible assets, goodwill and deferred tax assets.Amounts represent the incremental costs, if any, included in direct operating expense and distribution and marketing expense resulting from circumstances associated with the COVID-19 global pandemic, net of insurance recoveries. During the fiscal years ended March 31, 2024, 2023 and 2022, the Company has incurred a net benefit in direct operating expense due to insurance recoveries in excess of the incremental costs expensed in the period (see Note 15). These benefits (charges) are excluded from segment operating results.Amounts represent charges related to Russia’s invasion of Ukraine, primarily related to bad debt reserves for accounts receivable from customers in Russia, included in direct operating expense in the combined statements of operations, and excluded from segment operating results.The following table reconciles total share-based compensation expense to adjusted share-based compensation expense:Purchase accounting and related adjustments primarily represent the amortization of non-cash fair value adjustments to certain assets acquired in acquisitions. The following sets forth the amounts included in each line item in the financial statements: 0002006191 2023-04-01 2024-03-31 0002006191 2022-04-01 2023-03-31 0002006191 2021-04-01 2022-03-31 0002006191 2023-03-31 0002006191 2024-03-31 0002006191 2024-05-08 2024-05-08 0002006191 2023-06-26 2023-06-26 0002006191 2022-07-31 2022-07-31 0002006191 2020-04-01 2021-03-31 0002006191 2021-04-06 0002006191 2022-10-17 2022-10-17 0002006191 2024-04-01 2025-03-31 0002006191 2025-04-01 2026-03-31 0002006191 2026-04-01 2027-03-31 0002006191 2027-04-01 2028-03-31 0002006191 2028-04-01 2029-03-31 0002006191 2022-08-30 2024-03-31 0002006191 2022-03-31 0002006191 2023-07-01 2023-07-31 0002006191 2023-12-31 0002006191 2023-12-27 2023-12-27 0002006191 2024-05-08 0002006191 2023-01-01 2023-12-31 0002006191 2021-03-31 0002006191 us-gaap:RelatedPartyMember 2023-03-31 0002006191 lion:SeniorCreditFacilitiesMember 2023-03-31 0002006191 lion:SeniorCreditFacilitiesMember us-gaap:RevolvingCreditFacilityMember 2023-03-31 0002006191 lion:SeniorCreditFacilitiesMember lion:TermLoanAMember 2023-03-31 0002006191 lion:SeniorCreditFacilitiesMember lion:TermLoanBMember 2023-03-31 0002006191 lion:LionsGateSeniorNotesMember 2023-03-31 0002006191 us-gaap:ComputerEquipmentMember 2023-03-31 0002006191 us-gaap:EquipmentMember 2023-03-31 0002006191 us-gaap:LeaseholdImprovementsMember 2023-03-31 0002006191 lion:ThreeArtsEntertainmentMember 2023-03-31 0002006191 us-gaap:OtherIntangibleAssetsMember 2023-03-31 0002006191 us-gaap:CustomerRelationshipsMember 2023-03-31 0002006191 us-gaap:TrademarksAndTradeNamesMember 2023-03-31 0002006191 lion:ProductionLoansMember lion:FilmRelatedObligationsMember 2023-03-31 0002006191 lion:ProductionTaxCreditFacilityMember lion:FilmRelatedObligationsMember 2023-03-31 0002006191 lion:BackLogFacilityAndOtherMember lion:FilmRelatedObligationsMember 2023-03-31 0002006191 lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2023-03-31 0002006191 lion:FilmRelatedObligationsMember 2023-03-31 0002006191 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForeignExchangeContractMember 2023-03-31 0002006191 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForeignExchangeContractMember 2023-03-31 0002006191 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2023-03-31 0002006191 us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2023-03-31 0002006191 lion:IpCreditFacilityMember 2023-03-31 0002006191 lion:TermLoanAMember 2023-03-31 0002006191 lion:BackLogFacilityAndOtherMember 2023-03-31 0002006191 lion:TermLoanBMember 2023-03-31 0002006191 lion:ProductionLoansMember 2023-03-31 0002006191 lion:ProductionTaxCreditFacilityMember 2023-03-31 0002006191 lion:PooledMonetizationAgreementMember 2023-03-31 0002006191 us-gaap:TradeAccountsReceivableMember 2023-03-31 0002006191 us-gaap:StateAndLocalJurisdictionMember 2023-03-31 0002006191 lion:TelevisionProductionMember 2023-03-31 0002006191 lion:MotionPictureMember 2023-03-31 0002006191 lion:OtherUnallocatedAssetsMember 2023-03-31 0002006191 lion:TrancheThreeMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 lion:TrancheFourMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 lion:TrancheFiveMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 lion:TrancheSixMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 lion:TrancheSevenMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 lion:TrancheOneMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 lion:TrancheTwoMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:NonUsMember 2023-03-31 0002006191 country:US 2023-03-31 0002006191 srt:MaximumMember lion:MotionPictureAndTelevisionProductionMember 2023-03-31 0002006191 srt:MaximumMember 2023-03-31 0002006191 lion:StarzBusinessMember 2023-03-31 0002006191 us-gaap:OtherCurrentAssetsMember us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:OtherNoncurrentAssetsMember us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:OtherCurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:OtherNoncurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:OtherCurrentAssetsMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:OtherNoncurrentAssetsMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:OtherCurrentLiabilitiesMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:OtherCurrentLiabilitiesMember us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:OtherCurrentLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-03-31 0002006191 us-gaap:ComputerEquipmentMember srt:MinimumMember 2024-03-31 0002006191 us-gaap:ComputerEquipmentMember srt:MaximumMember 2024-03-31 0002006191 us-gaap:FurnitureAndFixturesMember srt:MinimumMember 2024-03-31 0002006191 us-gaap:FurnitureAndFixturesMember srt:MaximumMember 2024-03-31 0002006191 lion:LionsGateMember 2024-03-31 0002006191 lion:EquityMethodInvestmentsInvesteeMember 2024-03-31 0002006191 srt:MaximumMember lion:EquityMethodInvestmentsInvesteeMember 2024-03-31 0002006191 srt:MinimumMember lion:EquityMethodInvestmentsInvesteeMember 2024-03-31 0002006191 srt:MaximumMember 2024-03-31 0002006191 srt:MinimumMember 2024-03-31 0002006191 us-gaap:RelatedPartyMember 2024-03-31 0002006191 lion:SeniorCreditFacilitiesMember 2024-03-31 0002006191 lion:SeniorCreditFacilitiesMember us-gaap:RevolvingCreditFacilityMember 2024-03-31 0002006191 lion:SeniorCreditFacilitiesMember lion:TermLoanAMember 2024-03-31 0002006191 lion:SeniorCreditFacilitiesMember lion:TermLoanBMember 2024-03-31 0002006191 lion:RevolvingCreditFacilityIncludingLetterOfCreditMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2024-03-31 0002006191 lion:TermLoanAMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2024-03-31 0002006191 lion:TermLoanBMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2024-03-31 0002006191 lion:LionsGateSeniorNotesMember 2024-03-31 0002006191 lion:RevolvingCreditFacilityIncludingLetterOfCreditMember 2024-03-31 0002006191 lion:IgniteMember lion:MichaelBurnsMember 2024-03-31 0002006191 lion:IgniteMember lion:HardwickSimmonsMember 2024-03-31 0002006191 us-gaap:ComputerEquipmentMember 2024-03-31 0002006191 us-gaap:EquipmentMember 2024-03-31 0002006191 us-gaap:LeaseholdImprovementsMember 2024-03-31 0002006191 lion:AfterThirtyFirstMarchTwoThousandAndTwentySixMember 2024-03-31 0002006191 lion:ThirtyFirstMarchTwoThousandAndTwentySevenMember 2024-03-31 0002006191 lion:ThirtyFirstMarchTwoThousandAndTwentySixMember 2024-03-31 0002006191 lion:ThirtyFirstMarchTwoThousandAndTwentyFiveMember 2024-03-31 0002006191 srt:MinimumMember lion:EquityMethodInvestmentMember 2024-03-31 0002006191 srt:MaximumMember lion:EquityMethodInvestmentMember 2024-03-31 0002006191 lion:ThreeArtsEntertainmentMember 2024-03-31 0002006191 us-gaap:OtherIntangibleAssetsMember 2024-03-31 0002006191 us-gaap:CustomerRelationshipsMember 2024-03-31 0002006191 us-gaap:TrademarksAndTradeNamesMember 2024-03-31 0002006191 lion:ProductionLoansMember lion:FilmRelatedObligationsMember 2024-03-31 0002006191 lion:ProductionTaxCreditFacilityMember lion:FilmRelatedObligationsMember 2024-03-31 0002006191 lion:BackLogFacilityAndOtherMember lion:FilmRelatedObligationsMember 2024-03-31 0002006191 lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2024-03-31 0002006191 lion:FilmRelatedObligationsMember 2024-03-31 0002006191 lion:ProductionLoansMember lion:FilmRelatedObligationsMember lion:SecuredPortionMember 2024-03-31 0002006191 lion:ProductionLoansMember lion:FilmRelatedObligationsMember lion:UnsecuredPortionMember 2024-03-31 0002006191 lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2024-03-31 0002006191 lion:OtherLoansMember lion:July2025Member 2024-03-31 0002006191 lion:OtherLoansMember lion:April2027Member 2024-03-31 0002006191 lion:OtherLoansMember 2024-03-31 0002006191 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2024-03-31 0002006191 us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwapMember 2024-03-31 0002006191 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForeignExchangeContractMember 2024-03-31 0002006191 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForeignExchangeContractMember 2024-03-31 0002006191 lion:BackLogFacilityAndOtherMember 2024-03-31 0002006191 lion:IpCreditFacilityMember 2024-03-31 0002006191 lion:TermLoanAMember 2024-03-31 0002006191 lion:TermLoanBMember 2024-03-31 0002006191 lion:ProductionLoansMember 2024-03-31 0002006191 lion:ProductionTaxCreditFacilityMember 2024-03-31 0002006191 lion:InterestPaymentsMember 2024-03-31 0002006191 lion:OtherContractualObligationsMember 2024-03-31 0002006191 lion:FilmRelatedObligationsCommitmentsMember 2024-03-31 0002006191 lion:PooledMonetizationAgreementMember 2024-03-31 0002006191 us-gaap:TradeAccountsReceivableMember 2024-03-31 0002006191 country:CA 2024-03-31 0002006191 country:ES 2024-03-31 0002006191 currency:GBP us-gaap:ForeignExchangeForwardMember 2024-03-31 0002006191 currency:CZK us-gaap:ForeignExchangeForwardMember 2024-03-31 0002006191 currency:EUR us-gaap:ForeignExchangeForwardMember 2024-03-31 0002006191 currency:CAD us-gaap:ForeignExchangeForwardMember 2024-03-31 0002006191 currency:MXN us-gaap:ForeignExchangeForwardMember 2024-03-31 0002006191 currency:HUF us-gaap:ForeignExchangeForwardMember 2024-03-31 0002006191 currency:NZD us-gaap:ForeignExchangeForwardMember 2024-03-31 0002006191 currency:PLN us-gaap:ForeignExchangeForwardMember 2024-03-31 0002006191 lion:TelevisionProductionMember 2024-03-31 0002006191 lion:MotionPictureMember 2024-03-31 0002006191 lion:OtherUnallocatedAssetsMember 2024-03-31 0002006191 lion:TrancheTwoMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember 2024-03-31 0002006191 lion:TrancheThreeMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember 2024-03-31 0002006191 lion:TrancheFourMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember 2024-03-31 0002006191 lion:TrancheFiveMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember 2024-03-31 0002006191 lion:TrancheSixMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember 2024-03-31 0002006191 lion:TrancheSevenMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember 2024-03-31 0002006191 lion:TrancheOneMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember 2024-03-31 0002006191 us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember 2024-03-31 0002006191 lion:TrancheTwoMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 lion:TrancheThreeMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 lion:TrancheFourMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 lion:TrancheFiveMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 lion:TrancheSixMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 lion:TrancheSevenMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 lion:TrancheOneMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 country:US 2024-03-31 0002006191 us-gaap:NonUsMember 2024-03-31 0002006191 srt:MaximumMember lion:MotionPictureAndTelevisionProductionMember 2024-03-31 0002006191 lion:StarzBusinessMember 2024-03-31 0002006191 us-gaap:OtherCurrentAssetsMember us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 us-gaap:OtherNoncurrentAssetsMember us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 us-gaap:OtherCurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 us-gaap:OtherNoncurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 us-gaap:OtherCurrentAssetsMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 us-gaap:OtherNoncurrentAssetsMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 us-gaap:OtherCurrentLiabilitiesMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 us-gaap:OtherCurrentLiabilitiesMember us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 us-gaap:OtherCurrentLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2024-03-31 0002006191 lion:StockOptionAndShareAppreciationRightsMember lion:TwoThousandAndNineteenLionsGatePlanMember us-gaap:CommonClassBMember 2024-03-31 0002006191 lion:StockOptionAndShareAppreciationRightsMember lion:TwoThousandAndNineteenLionsGatePlanMember us-gaap:CommonClassAMember 2024-03-31 0002006191 lion:FiftyOnePercentConsolidatedEntityMember 2024-03-31 0002006191 us-gaap:ForeignExchangeForwardMember us-gaap:CashFlowHedgingMember 2024-03-31 0002006191 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember 2024-03-31 0002006191 lion:EOneAcquisitionMember 2024-03-31 0002006191 us-gaap:OtherNoncurrentLiabilitiesMember lion:ThreeArtsEntertainmentMember 2024-03-31 0002006191 lion:EOneMember 2024-03-31 0002006191 us-gaap:NoncontrollingInterestMember 2021-04-01 2022-03-31 0002006191 us-gaap:ParentMember 2021-04-01 2022-03-31 0002006191 us-gaap:RetainedEarningsMember 2021-04-01 2022-03-31 0002006191 us-gaap:RelatedPartyMember 2021-04-01 2022-03-31 0002006191 us-gaap:RevolvingCreditFacilityMember 2021-04-01 2022-03-31 0002006191 lion:TermLoanBMember 2021-04-01 2022-03-31 0002006191 lion:ProductionLoanPrepaymentMember 2021-04-01 2022-03-31 0002006191 lion:TermLoanAMember 2021-04-01 2022-03-31 0002006191 lion:RevolvingCreditFacilityAndTermLoanAMember 2021-04-01 2022-03-31 0002006191 lion:PreviouslyIncurredDebtIssuanceCostsMember lion:RevolvingCreditFacilityAndTermLoanAMember 2021-04-01 2022-03-31 0002006191 lion:RevolvingCreditFacilityAndTermLoanAMember 2021-04-01 2022-03-31 0002006191 lion:NewDebtIssuanceCostsAndCallPremiumsMember lion:RevolvingCreditFacilityAndTermLoanAMember 2021-04-01 2022-03-31 0002006191 lion:TermLoanBMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:TelevisonMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:PackagedMediaMember lion:TelevisionProductionMember lion:HomeEntertainmentMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:DigitalMediaMember lion:TelevisionProductionMember lion:HomeEntertainmentMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:OtherMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:TelevisonMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:InternationalMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:HomeEntertainmentMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:OtherMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:InternationalMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:PackagedMediaMember lion:MotionPictureSegmentMember lion:HomeEntertainmentMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:HomeEntertainmentMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:DigitalMediaMember lion:MotionPictureSegmentMember lion:HomeEntertainmentMember 2021-04-01 2022-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:TheatricalMember 2021-04-01 2022-03-31 0002006191 lion:StarzBusinessMember lion:MotionPictureSegmentMember 2021-04-01 2022-03-31 0002006191 lion:StarzBusinessMember lion:TelevisionProductionMember 2021-04-01 2022-03-31 0002006191 lion:TelevisionProductionMember 2021-04-01 2022-03-31 0002006191 lion:MotionPictureMember 2021-04-01 2022-03-31 0002006191 us-gaap:CorporateMember 2021-04-01 2022-03-31 0002006191 us-gaap:NonUsMember 2021-04-01 2022-03-31 0002006191 country:CA 2021-04-01 2022-03-31 0002006191 country:US 2021-04-01 2022-03-31 0002006191 lion:LionsgateStudiosCorpMember 2021-04-01 2022-03-31 0002006191 lion:StarzBusinessMember 2021-04-01 2022-03-31 0002006191 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2021-04-01 2022-03-31 0002006191 us-gaap:ForeignExchangeForwardMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2021-04-01 2022-03-31 0002006191 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:NondesignatedMember us-gaap:InterestExpenseMember 2021-04-01 2022-03-31 0002006191 us-gaap:CashFlowHedgingMember 2021-04-01 2022-03-31 0002006191 us-gaap:CorporateMember 2021-04-01 2022-03-31 0002006191 us-gaap:StockAppreciationRightsSARSMember us-gaap:ReportableSubsegmentsMember 2021-04-01 2022-03-31 0002006191 us-gaap:ReportableSubsegmentsMember 2021-04-01 2022-03-31 0002006191 us-gaap:EmployeeStockOptionMember us-gaap:ReportableSubsegmentsMember 2021-04-01 2022-03-31 0002006191 us-gaap:RestrictedStockUnitsRSUMember us-gaap:ReportableSubsegmentsMember 2021-04-01 2022-03-31 0002006191 us-gaap:GeneralAndAdministrativeExpenseMember 2021-04-01 2022-03-31 0002006191 us-gaap:RestructuringChargesMember 2021-04-01 2022-03-31 0002006191 us-gaap:EmployeeStockOptionMember lion:TwoThousandAndNineteenLionsGatePlanMember 2021-04-01 2022-03-31 0002006191 us-gaap:EmployeeStockOptionMember lion:TwoThousandAndNineteenLionsGatePlanMember srt:MaximumMember 2021-04-01 2022-03-31 0002006191 us-gaap:EmployeeStockOptionMember lion:TwoThousandAndNineteenLionsGatePlanMember srt:MinimumMember 2021-04-01 2022-03-31 0002006191 lion:TwoThousandAndNineteenLionsGatePlanMember 2021-04-01 2022-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember lion:TwoThousandAndNineteenLionsGatePlanMember srt:MaximumMember 2021-04-01 2022-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember lion:TwoThousandAndNineteenLionsGatePlanMember 2021-04-01 2022-03-31 0002006191 lion:OtherShareBasedCompensationMember lion:TwoThousandAndNineteenLionsGatePlanMember 2021-04-01 2022-03-31 0002006191 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-04-01 2022-03-31 0002006191 us-gaap:NonrelatedPartyMember 2021-04-01 2022-03-31 0002006191 lion:AllocationOfCorporateAndSharedEmployeeShareBasedCompensationMember 2021-04-01 2022-03-31 0002006191 srt:ScenarioPreviouslyReportedMember 2021-04-01 2022-03-31 0002006191 srt:RestatementAdjustmentMember 2021-04-01 2022-03-31 0002006191 us-gaap:NoncontrollingInterestMember 2022-04-01 2023-03-31 0002006191 us-gaap:ParentMember 2022-04-01 2023-03-31 0002006191 us-gaap:RetainedEarningsMember 2022-04-01 2023-03-31 0002006191 us-gaap:RelatedPartyMember 2022-04-01 2023-03-31 0002006191 lion:RevolvingCreditFacilityAndTermLoanAMember 2022-04-01 2023-03-31 0002006191 us-gaap:RevolvingCreditFacilityMember 2022-04-01 2023-03-31 0002006191 lion:TermLoanBMember 2022-04-01 2023-03-31 0002006191 lion:TermLoanAMember 2022-04-01 2023-03-31 0002006191 lion:ProductionLoanPrepaymentMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:TelevisonMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:OtherMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:PackagedMediaMember lion:TelevisionProductionMember lion:HomeEntertainmentMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:DigitalMediaMember lion:TelevisionProductionMember lion:HomeEntertainmentMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:TelevisonMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:InternationalMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:HomeEntertainmentMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:OtherMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:InternationalMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:PackagedMediaMember lion:MotionPictureSegmentMember lion:HomeEntertainmentMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:HomeEntertainmentMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:DigitalMediaMember lion:MotionPictureSegmentMember lion:HomeEntertainmentMember 2022-04-01 2023-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:TheatricalMember 2022-04-01 2023-03-31 0002006191 lion:StarzBusinessMember lion:MotionPictureSegmentMember 2022-04-01 2023-03-31 0002006191 lion:StarzBusinessMember lion:TelevisionProductionMember 2022-04-01 2023-03-31 0002006191 lion:TelevisionProductionMember 2022-04-01 2023-03-31 0002006191 lion:MotionPictureMember 2022-04-01 2023-03-31 0002006191 us-gaap:CorporateMember 2022-04-01 2023-03-31 0002006191 lion:TrancheSevenMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2022-04-01 2023-03-31 0002006191 lion:TrancheSixMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2022-04-01 2023-03-31 0002006191 lion:TrancheOneMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2022-04-01 2023-03-31 0002006191 lion:TrancheTwoMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2022-04-01 2023-03-31 0002006191 lion:TrancheThreeMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2022-04-01 2023-03-31 0002006191 lion:TrancheFourMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2022-04-01 2023-03-31 0002006191 lion:TrancheFiveMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2022-04-01 2023-03-31 0002006191 us-gaap:NonUsMember 2022-04-01 2023-03-31 0002006191 country:CA 2022-04-01 2023-03-31 0002006191 country:US 2022-04-01 2023-03-31 0002006191 lion:LionsgateStudiosCorpMember 2022-04-01 2023-03-31 0002006191 lion:StarzBusinessMember 2022-04-01 2023-03-31 0002006191 lion:MotionPictureAndTelevisionProductionMember 2022-04-01 2023-03-31 0002006191 us-gaap:ForeignExchangeForwardMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2022-04-01 2023-03-31 0002006191 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2022-04-01 2023-03-31 0002006191 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:NondesignatedMember us-gaap:InterestExpenseMember 2022-04-01 2023-03-31 0002006191 us-gaap:CashFlowHedgingMember 2022-04-01 2023-03-31 0002006191 us-gaap:CorporateMember 2022-04-01 2023-03-31 0002006191 us-gaap:StockAppreciationRightsSARSMember us-gaap:ReportableSubsegmentsMember 2022-04-01 2023-03-31 0002006191 us-gaap:ReportableSubsegmentsMember 2022-04-01 2023-03-31 0002006191 us-gaap:EmployeeStockOptionMember us-gaap:ReportableSubsegmentsMember 2022-04-01 2023-03-31 0002006191 us-gaap:RestrictedStockUnitsRSUMember us-gaap:ReportableSubsegmentsMember 2022-04-01 2023-03-31 0002006191 us-gaap:GeneralAndAdministrativeExpenseMember 2022-04-01 2023-03-31 0002006191 us-gaap:RestructuringChargesMember 2022-04-01 2023-03-31 0002006191 us-gaap:EmployeeStockOptionMember lion:TwoThousandAndNineteenLionsGatePlanMember 2022-04-01 2023-03-31 0002006191 us-gaap:EmployeeStockOptionMember lion:TwoThousandAndNineteenLionsGatePlanMember srt:MaximumMember 2022-04-01 2023-03-31 0002006191 us-gaap:EmployeeStockOptionMember lion:TwoThousandAndNineteenLionsGatePlanMember srt:MinimumMember 2022-04-01 2023-03-31 0002006191 lion:TwoThousandAndNineteenLionsGatePlanMember 2022-04-01 2023-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember lion:TwoThousandAndNineteenLionsGatePlanMember 2022-04-01 2023-03-31 0002006191 lion:OtherShareBasedCompensationMember lion:TwoThousandAndNineteenLionsGatePlanMember 2022-04-01 2023-03-31 0002006191 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-04-01 2023-03-31 0002006191 us-gaap:NonrelatedPartyMember 2022-04-01 2023-03-31 0002006191 lion:IgniteMember 2022-04-01 2023-03-31 0002006191 lion:AllocationOfCorporateAndSharedEmployeeShareBasedCompensationMember 2022-04-01 2023-03-31 0002006191 us-gaap:NoncontrollingInterestMember 2023-04-01 2024-03-31 0002006191 us-gaap:ParentMember 2023-04-01 2024-03-31 0002006191 us-gaap:RetainedEarningsMember 2023-04-01 2024-03-31 0002006191 us-gaap:LeaseholdsAndLeaseholdImprovementsMember 2023-04-01 2024-03-31 0002006191 srt:MinimumMember 2023-04-01 2024-03-31 0002006191 us-gaap:RelatedPartyMember 2023-04-01 2024-03-31 0002006191 lion:SeniorCreditFacilitiesMember us-gaap:RevolvingCreditFacilityMember 2023-04-01 2024-03-31 0002006191 lion:SeniorCreditFacilitiesMember lion:TermLoanAMember 2023-04-01 2024-03-31 0002006191 lion:SeniorCreditFacilitiesMember lion:TermLoanBMember 2023-04-01 2024-03-31 0002006191 us-gaap:RevolvingCreditFacilityMember 2023-04-01 2024-03-31 0002006191 lion:TermLoanAMember 2023-04-01 2024-03-31 0002006191 lion:RevolvingCreditFacilityAndTermLoanAMember 2023-04-01 2024-03-31 0002006191 lion:TermLoanBMember 2023-04-01 2024-03-31 0002006191 lion:ProductionLoanPrepaymentMember 2023-04-01 2024-03-31 0002006191 lion:RevolvingCreditFacilityIncludingLetterOfCreditMember srt:MaximumMember 2023-04-01 2024-03-31 0002006191 lion:RevolvingCreditFacilityIncludingLetterOfCreditMember srt:MinimumMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:TelevisonMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:PackagedMediaMember lion:TelevisionProductionMember lion:HomeEntertainmentMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:HomeEntertainmentMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:InternationalMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:DigitalMediaMember lion:TelevisionProductionMember lion:HomeEntertainmentMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:OtherMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:TelevisionProductionMember lion:TelevisonMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:TheatricalMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:PackagedMediaMember lion:MotionPictureSegmentMember lion:HomeEntertainmentMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:OtherMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:InternationalMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:DigitalMediaMember lion:MotionPictureSegmentMember lion:HomeEntertainmentMember 2023-04-01 2024-03-31 0002006191 us-gaap:OperatingSegmentsMember lion:MotionPictureSegmentMember lion:HomeEntertainmentMember 2023-04-01 2024-03-31 0002006191 lion:StarzBusinessMember lion:MotionPictureSegmentMember 2023-04-01 2024-03-31 0002006191 lion:StarzBusinessMember lion:TelevisionProductionMember 2023-04-01 2024-03-31 0002006191 lion:TelevisionProductionMember 2023-04-01 2024-03-31 0002006191 lion:FilmRelatedObligationsMember 2023-04-01 2024-03-31 0002006191 lion:ProductionTaxCreditFacilityMember lion:FilmRelatedObligationsMember srt:MaximumMember lion:SecuredPortionMember 2023-04-01 2024-03-31 0002006191 lion:ProductionTaxCreditFacilityMember lion:FilmRelatedObligationsMember us-gaap:BaseRateMember 2023-04-01 2024-03-31 0002006191 lion:ProductionTaxCreditFacilityMember lion:FilmRelatedObligationsMember srt:MinimumMember lion:SecuredPortionMember 2023-04-01 2024-03-31 0002006191 lion:OtherLoansMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2023-04-01 2024-03-31 0002006191 lion:ProductionTaxCreditFacilityMember lion:FilmRelatedObligationsMember 2023-04-01 2024-03-31 0002006191 lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2023-04-01 2024-03-31 0002006191 srt:MaximumMember 2023-04-01 2024-03-31 0002006191 lion:MotionPictureMember 2023-04-01 2024-03-31 0002006191 us-gaap:CorporateMember 2023-04-01 2024-03-31 0002006191 lion:TrancheOneMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-04-01 2024-03-31 0002006191 lion:TrancheTwoMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-04-01 2024-03-31 0002006191 lion:TrancheThreeMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-04-01 2024-03-31 0002006191 lion:TrancheFourMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-04-01 2024-03-31 0002006191 lion:TrancheFiveMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-04-01 2024-03-31 0002006191 lion:TrancheSixMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-04-01 2024-03-31 0002006191 lion:TrancheSevenMember us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-04-01 2024-03-31 0002006191 us-gaap:NonUsMember 2023-04-01 2024-03-31 0002006191 country:CA 2023-04-01 2024-03-31 0002006191 country:US 2023-04-01 2024-03-31 0002006191 lion:LionsgateStudiosCorpMember 2023-04-01 2024-03-31 0002006191 lion:StarzBusinessMember 2023-04-01 2024-03-31 0002006191 lion:MotionPictureAndTelevisionProductionMember 2023-04-01 2024-03-31 0002006191 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-04-01 2024-03-31 0002006191 us-gaap:ForeignExchangeForwardMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2023-04-01 2024-03-31 0002006191 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:NondesignatedMember us-gaap:InterestExpenseMember 2023-04-01 2024-03-31 0002006191 us-gaap:CashFlowHedgingMember 2023-04-01 2024-03-31 0002006191 us-gaap:ReportableSubsegmentsMember 2023-04-01 2024-03-31 0002006191 us-gaap:CorporateMember 2023-04-01 2024-03-31 0002006191 us-gaap:RestrictedStockUnitsRSUMember us-gaap:ReportableSubsegmentsMember 2023-04-01 2024-03-31 0002006191 us-gaap:StockAppreciationRightsSARSMember us-gaap:ReportableSubsegmentsMember 2023-04-01 2024-03-31 0002006191 us-gaap:EmployeeStockOptionMember us-gaap:ReportableSubsegmentsMember 2023-04-01 2024-03-31 0002006191 us-gaap:GeneralAndAdministrativeExpenseMember 2023-04-01 2024-03-31 0002006191 us-gaap:RestructuringChargesMember 2023-04-01 2024-03-31 0002006191 lion:StockOptionAndShareAppreciationRightsMember lion:TwoThousandAndNineteenLionsGatePlanMember us-gaap:CommonClassBMember 2023-04-01 2024-03-31 0002006191 lion:StockOptionAndShareAppreciationRightsMember lion:TwoThousandAndNineteenLionsGatePlanMember us-gaap:CommonClassAMember 2023-04-01 2024-03-31 0002006191 lion:StockOptionAndShareAppreciationRightsMember srt:MaximumMember us-gaap:CommonClassAMember 2023-04-01 2024-03-31 0002006191 us-gaap:EmployeeStockOptionMember lion:TwoThousandAndNineteenLionsGatePlanMember 2023-04-01 2024-03-31 0002006191 us-gaap:EmployeeStockOptionMember lion:TwoThousandAndNineteenLionsGatePlanMember srt:MaximumMember 2023-04-01 2024-03-31 0002006191 us-gaap:EmployeeStockOptionMember lion:TwoThousandAndNineteenLionsGatePlanMember srt:MinimumMember 2023-04-01 2024-03-31 0002006191 lion:TwoThousandAndNineteenLionsGatePlanMember 2023-04-01 2024-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember us-gaap:CommonClassBMember 2023-04-01 2024-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember us-gaap:CommonClassAMember 2023-04-01 2024-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember lion:TwoThousandAndNineteenLionsGatePlanMember srt:MaximumMember 2023-04-01 2024-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember lion:TwoThousandAndNineteenLionsGatePlanMember 2023-04-01 2024-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember 2023-04-01 2024-03-31 0002006191 us-gaap:EmployeeStockOptionMember 2023-04-01 2024-03-31 0002006191 lion:RestrictedStockAndRestrictedShareUnitsMember lion:TwoThousandAndNineteenLionsGatePlanMember srt:MinimumMember 2023-04-01 2024-03-31 0002006191 lion:RestrictedStockAndRestrictedShareUnitsMember lion:TwoThousandAndNineteenLionsGatePlanMember srt:MaximumMember 2023-04-01 2024-03-31 0002006191 lion:OtherShareBasedCompensationMember lion:TwoThousandAndNineteenLionsGatePlanMember 2023-04-01 2024-03-31 0002006191 lion:ThreeArtsEntertainmentMember 2023-04-01 2024-03-31 0002006191 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-01 2024-03-31 0002006191 us-gaap:NonrelatedPartyMember 2023-04-01 2024-03-31 0002006191 lion:TelevisionProductionMember 2023-04-01 2024-03-31 0002006191 lion:MotionPictureMember 2023-04-01 2024-03-31 0002006191 lion:NetDecreasesToParticipationsAndResidualsMember 2023-04-01 2024-03-31 0002006191 lion:NetDecreasesToDeferredRevenueMember 2023-04-01 2024-03-31 0002006191 lion:NetDecreaseToAccountsReceivablesMember 2023-04-01 2024-03-31 0002006191 lion:NetDecreasesToOtherAssetsMember 2023-04-01 2024-03-31 0002006191 lion:NetIncreaseToInvestmentInFilmsAndTelevisionProgramsMember 2023-04-01 2024-03-31 0002006191 lion:NetDecreasesToContentRelatedPayablesMember 2023-04-01 2024-03-31 0002006191 lion:NetDecreasesToAccruedLiabilitiesMember 2023-04-01 2024-03-31 0002006191 lion:RevolvingCreditFacilityAndNonPaymentTermLoanMember 2023-04-01 2024-03-31 0002006191 lion:EOneMember 2023-04-01 2024-03-31 0002006191 lion:IgniteMember 2023-04-01 2024-03-31 0002006191 us-gaap:LandMember 2023-04-01 2024-03-31 0002006191 lion:AllocationOfCorporateAndSharedEmployeeShareBasedCompensationMember 2023-04-01 2024-03-31 0002006191 lion:LionsGateMember 2023-04-01 2024-03-31 0002006191 lion:CompletedAndNotReleasedMember 2024-04-01 2025-03-31 0002006191 lion:ReleasedMember 2024-04-01 2025-03-31 0002006191 lion:FiftyOnePercentConsolidatedEntityMember 2024-04-01 2025-03-31 0002006191 lion:CompletedAndNotReleasedMember 2025-04-01 2026-03-31 0002006191 lion:ReleasedMember 2025-04-01 2026-03-31 0002006191 lion:CompletedAndNotReleasedMember 2026-04-01 2027-03-31 0002006191 lion:ReleasedMember 2026-04-01 2027-03-31 0002006191 lion:StarzplayArabiaMember 2022-10-17 2022-10-17 0002006191 lion:RevolvingCreditFacilityIncludingLetterOfCreditMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2023-06-14 2023-06-14 0002006191 lion:TermLoanAMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2023-06-14 2023-06-14 0002006191 lion:TermLoanBMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2023-06-14 2023-06-14 0002006191 lion:RevolvingLineOfCreditTermLoanAAndTermLoanBMember 2023-06-14 2023-06-14 0002006191 lion:TermLoanAMember 2022-04-01 2022-04-30 0002006191 lion:CreditAgreementAmendmentMember us-gaap:RevolvingCreditFacilityMember 2021-04-06 0002006191 lion:CreditAgreementAmendmentMember lion:TermLoanAMember 2021-04-06 0002006191 lion:CreditAgreementAmendmentMember us-gaap:RevolvingCreditFacilityMember 2021-04-07 0002006191 lion:CreditAgreementAmendmentMember lion:TermLoanAMember 2021-04-07 0002006191 lion:TermLoanBMember 2022-03-31 0002006191 srt:RestatementAdjustmentMember 2022-03-31 0002006191 srt:ScenarioPreviouslyReportedMember 2022-03-31 0002006191 lion:RevolvingCreditFacilityAndNonPaymentTermLoanMember lion:AlternativeBaseRateMember 2024-03-31 2024-03-31 0002006191 lion:TermLoanAMember lion:AlternativeBaseRateMember 2024-03-31 2024-03-31 0002006191 lion:TermLoanBMember lion:AlternativeBaseRateMember 2024-03-31 2024-03-31 0002006191 lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember us-gaap:BaseRateMember 2024-03-31 2024-03-31 0002006191 lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember srt:MaximumMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2024-03-31 2024-03-31 0002006191 lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember srt:MinimumMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2024-03-31 2024-03-31 0002006191 lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2024-03-31 2024-03-31 0002006191 lion:EOneAcquisitionMember 2024-03-31 2024-03-31 0002006191 lion:UptoSeptemberThirtiethTwoThousandAndTwentyThreeMember lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2022-09-29 2022-09-29 0002006191 lion:UptoSeptemberThirtiethTwoThousandAndTwentyFourMember lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2022-09-29 2022-09-29 0002006191 lion:UptoSeptemberThirtiethTwoThousandAndTwentyFiveMember lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2022-09-29 2022-09-29 0002006191 lion:UptoSeptemberThirtiethTwoThousandAndTwentySixMember lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2022-09-29 2022-09-29 0002006191 lion:UptoJulyThirtiethTwoThousandAndTwentySevenMember lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2022-09-29 2022-09-29 0002006191 lion:UptoSeptemberThirtiethTwoThousandAndTwentyThreeMember lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2022-09-29 0002006191 lion:UptoSeptemberThirtiethTwoThousandAndTwentyFourMember lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2022-09-29 0002006191 lion:UptoSeptemberThirtiethTwoThousandAndTwentyFiveMember lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2022-09-29 0002006191 lion:UptoSeptemberThirtiethTwoThousandAndTwentySixMember lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2022-09-29 0002006191 lion:UptoJulyThirtiethTwoThousandAndTwentySevenMember lion:IpCreditFacilityMember lion:FilmRelatedObligationsMember 2022-09-29 0002006191 lion:BackLogFacilityAndOtherMember lion:FilmRelatedObligationsMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2022-08-30 0002006191 lion:BackLogFacilityAndOtherMember lion:FilmRelatedObligationsMember srt:MaximumMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2022-08-30 2024-03-31 0002006191 lion:BackLogFacilityAndOtherMember lion:FilmRelatedObligationsMember srt:MinimumMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2022-08-30 2024-03-31 0002006191 lion:BackLogFacilityAndOtherMember lion:FilmRelatedObligationsMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2022-08-30 2024-03-31 0002006191 lion:BackLogFacilityAndOtherMember lion:FilmRelatedObligationsMember 2022-08-30 2024-03-31 0002006191 lion:ThreeArtsEntertainmentMember 2018-05-29 0002006191 lion:ThreeArtsEntertainmentMember 2024-01-02 2024-01-02 0002006191 lion:ThreeArtsEntertainmentMember 2024-01-02 0002006191 lion:ThreeArtsEntertainmentMember 2024-01-01 2024-03-31 0002006191 lion:PilgrimMediaGroupMember 2015-11-12 0002006191 lion:ThreeArtsEntertainmentMember 2015-11-12 0002006191 lion:PilgrimMediaGroupMember 2021-04-02 0002006191 lion:PilgrimMediaGroupMember 2022-11-14 0002006191 lion:PilgrimMediaGroupMember 2023-02-28 2023-02-28 0002006191 us-gaap:InterestRateSwaptionMember us-gaap:CashFlowHedgingMember us-gaap:NondesignatedMember 2022-05-01 2022-05-31 0002006191 dei:OtherAddressMember 2024-05-08 2024-05-08 0002006191 lion:New5.500SeniorNotesMember us-gaap:SeniorNotesMember 2024-05-08 2024-05-08 0002006191 lion:New5.500SeniorNotesMember 2024-05-08 0002006191 lion:New5.500SeniorNotesMember us-gaap:SeniorNotesMember 2024-05-08 0002006191 lion:SeacMember lion:LionsgateStudiosMember 2024-05-08 0002006191 lion:SeacMember lion:LionsgateStudiosMember lion:ScreamingEagleMember 2024-05-08 0002006191 lion:ThreeArtsEntertainmentMember 2018-05-29 2018-05-29 0002006191 lion:BackLogFacilityAndOtherMember lion:FilmRelatedObligationsMember 2025-05-16 2025-05-16 0002006191 lion:RevolvingCreditFacilityAndTermLoanAMember 2024-04-06 2024-04-06 0002006191 lion:TermLoanBMember 2025-03-24 2025-03-24 0002006191 lion:TermLoanAMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2023-06-14 0002006191 lion:TermLoanAMember lion:BeginningThirtySeptemberTwoThousandAndTwentyTwoMember 2022-09-30 2022-09-30 0002006191 lion:TermLoanAMember lion:BeginningThirtySeptemberTwoThousandAndTwentyThreeMember 2022-09-30 2022-09-30 0002006191 lion:TermLoanAMember lion:BeginningThirtySeptemberTwoThousandAndTwentyFourToMarchThirtyOneTwoThousandAndTwentySixMember 2022-09-30 2022-09-30 0002006191 lion:TermLoanBMember 2022-09-30 2022-09-30 0002006191 lion:PilgrimMediaGroupMember 2021-04-02 2021-04-02 0002006191 srt:ScenarioPreviouslyReportedMember us-gaap:CommonStockMember 2021-03-31 0002006191 srt:RevisionOfPriorPeriodReclassificationAdjustmentMember us-gaap:CommonStockMember 2021-03-31 0002006191 us-gaap:CommonStockMember 2021-03-31 0002006191 srt:RevisionOfPriorPeriodReclassificationAdjustmentMember lion:ParentInvestmentNetMember 2021-03-31 0002006191 srt:RevisionOfPriorPeriodReclassificationAdjustmentMember 2021-03-31 0002006191 lion:ParentInvestmentNetMember 2021-03-31 0002006191 srt:ScenarioPreviouslyReportedMember lion:ParentInvestmentNetMember 2021-03-31 0002006191 srt:ScenarioPreviouslyReportedMember us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-03-31 0002006191 srt:ScenarioPreviouslyReportedMember us-gaap:ParentMember 2021-03-31 0002006191 srt:ScenarioPreviouslyReportedMember us-gaap:NoncontrollingInterestMember 2021-03-31 0002006191 srt:ScenarioPreviouslyReportedMember 2021-03-31 0002006191 srt:RevisionOfPriorPeriodReclassificationAdjustmentMember us-gaap:RetainedEarningsMember 2021-03-31 0002006191 srt:ScenarioPreviouslyReportedMember us-gaap:RetainedEarningsMember 2021-03-31 0002006191 us-gaap:RetainedEarningsMember 2021-03-31 0002006191 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-03-31 0002006191 us-gaap:ParentMember 2021-03-31 0002006191 us-gaap:NoncontrollingInterestMember 2021-03-31 0002006191 us-gaap:CommonStockMember 2022-03-31 0002006191 us-gaap:RetainedEarningsMember 2022-03-31 0002006191 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-03-31 0002006191 us-gaap:ParentMember 2022-03-31 0002006191 us-gaap:NoncontrollingInterestMember 2022-03-31 0002006191 lion:ParentInvestmentNetMember 2022-03-31 0002006191 us-gaap:CommonStockMember 2023-03-31 0002006191 us-gaap:RetainedEarningsMember 2023-03-31 0002006191 us-gaap:NoncontrollingInterestMember 2023-03-31 0002006191 lion:ParentInvestmentNetMember 2023-03-31 0002006191 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0002006191 us-gaap:ParentMember 2023-03-31 0002006191 lion:MotionPictureMember 2023-03-31 0002006191 lion:TelevisionProductionMember 2023-03-31 0002006191 lion:StockOptionAndShareAppreciationRightsMember lion:TwoThousandAndNineteenLionsGatePlanMember us-gaap:CommonClassAMember 2023-03-31 0002006191 lion:StockOptionAndShareAppreciationRightsMember lion:TwoThousandAndNineteenLionsGatePlanMember us-gaap:CommonClassBMember 2023-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember us-gaap:CommonClassBMember 2023-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember us-gaap:CommonClassAMember 2023-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember us-gaap:CommonClassAMember 2024-03-31 0002006191 lion:RestrictedStockAndRestrictedStockUnitMember us-gaap:CommonClassBMember 2024-03-31 0002006191 lion:MotionPictureMember 2024-03-31 0002006191 lion:TelevisionProductionMember 2024-03-31 0002006191 us-gaap:CommonStockMember 2024-03-31 0002006191 us-gaap:RetainedEarningsMember 2024-03-31 0002006191 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0002006191 us-gaap:ParentMember 2024-03-31 0002006191 us-gaap:NoncontrollingInterestMember 2024-03-31 0002006191 lion:ParentInvestmentNetMember 2024-03-31 iso4217:USD xbrli:shares utr:Year xbrli:pure utr:Day iso4217:GBP iso4217:CZK iso4217:EUR iso4217:CAD iso4217:MXN iso4217:HUF iso4217:NZD iso4217:USD xbrli:shares lion:SEGMENT
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM
8-K/A
(Amendment No. 2)
 
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 8, 2024
 
 
Lionsgate Studios Corp.
(Exact name of registrant as specified in charter)
 
 
British Columbia, Canada
(State or Other Jurisdiction of Incorporation)
 
001-42102
 
N/A
(Commission
File Number)
 
(IRS Employer
Identification No.)
(Address of principal executive offices)
250 Howe Street, 20th Floor
Vancouver, British Columbia V6C 3R8
and
2700 Colorado Avenue
Santa Monica, California 90404
Registrant’s telephone number, including area code: (877)
848-3866
No Change
(Former name or former address, if changed since last report)
 
 
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐
Written Communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐
Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
 
☐
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
 
☐
Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
 
Title of Each Class
 
Trading
Symbol(s)
 
Name of Each Exchange
on Which Registered
Common Shares, no par value per share
 
LION
 
Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 
EXPLANATORY NOTE
This Amendment No. 2 (“Amendment No.2”) to the C
ur
rent Report on Form
8-K
of Lionsgate Studios Corp. (the “Company”) is being filed for the purposes of correcting a mathematical error in the combined statement of cash flows for the fiscal year ended March 31, 2022 in Exhibit 99.1 of Amendment No. 1 to the Company’s Current Report on Form
8-K/A
filed with the SEC on May 30, 2024. In addition, this Current Report on Form
8-K
updates the audited combined balance sheets of the Company as of March 31, 2024 and 2023 and the audited combined statements of operations and equity (deficit) of the Company for each of the three years in the period ended March 31, 2024 to reflect the retroactive application of the reverse recapitalization, as more fully described in Note 1 to the audited combined financial statements included as Exhibit 99.1 to this Amendment No. 2, in all periods prior to the Business Combination (as defined therein).
FINANCIAL INFORMATION
Reference is made to the disclosure set forth in Item 9.01 of this Amendment No. 2 concerning the financial information of the Company and such information is incorporated herein by reference.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
The information set forth in sections (a) and (b) of Item 9.01 of this Amendment No. 2 is incorporated herein by reference.
 
Item 9.01
Financial Statements and Exhibits.
(a) Financial Statements of Business Acquired.
Included as Exhibit 99.1 and incorporated herein by reference is the audited combined financial statements as of March 31, 2024 and 2023 and for the three years in the period ended March 31, 2024, of Lionsgate Studios Corp. as restated to correct the mathematical error discussed in the Explanatory Note above.
(b) Exhibits
 
Exhibit No.
   
Description of Exhibits
99.1    Audited combined financial statements of the Lionsgate Studios Corp.
101.INS    Inline XBRL Instance Document
101.SCH    Inline XBRL Taxonomy Extension Schema Document
101.CAL    Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF    Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB    Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE    Inline XBRL Taxonomy Extension Presentation Linkbase Document
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 15,
2024
 
LIONSGATE STUDIOS CORP.
By:
 
/s/ James W. Barge
Name:
 
James W. Barge
Title:
 
Chief Financial Officer