Program Rights and Obligations (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Program Rights by Predominant Monetization Strategy

Total capitalized produced and licensed content by predominant monetization strategy is as follows:


	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 content versioning 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


	December 31, 2021
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Owned original program rights, net:
Completed	$	185,228	$	127,470	$	312,698
In-production and in-development	161,881		264,927		426,808
Total owned original program rights, net	$	347,109	$	392,397	$	739,506

Licensed program rights, net:
Licensed film and acquired series	$	7,005	$	620,935	$	627,940
Licensed originals	61,923		148,063		209,986
Advances and content versioning costs	57,278		107,196		164,474
Total licensed program rights, net	126,206		876,194		1,002,400
Program rights, net	$	473,315	$	1,268,591	$	1,741,906

Current portion of program rights, net					$	10,068
Program rights, net (long-term)					1,731,838
					$	1,741,906

Schedule of Amortization of Owned and Licensed Program Rights

Amortization, including write-offs, of owned and licensed program rights is as follows:


	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


	Year Ended December 31, 2021
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total

Owned original program rights	$	307,676	$	53,547	$	361,223
Licensed program rights	73,648		474,468		548,116
Program rights amortization	$	381,324	$	528,015	$	909,339

Schedule of Expected Amortization of Owned and Licensed Program Rights

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, 2022:


(In thousands)	2023		2024		2025
Owned original program rights:
Predominantly Monetized Individually	$	88,280	$	56,156	$	36,587
Predominantly Monetized as a Group	149,888		90,913		53,964

Licensed program rights:
Predominantly Monetized Individually	$	4,483	$	2,279	$	1,493
Predominantly Monetized as a Group	395,510		257,667		130,785

Schedule of Amounts Payable for Program Rights Obligations

Amounts payable subsequent to December 31, 2022 related to program rights obligations included in the consolidated balance sheet are as follows:


(In thousands)
Years Ending December 31,
2023	$	374,115
2024	128,115
2025	49,921
2026	13,058
2027	5,790
Thereafter	3,985
	$	574,984