Noncontrolling Interests

6 Months Ended

Jun. 30, 2023

Noncontrolling Interest [Abstract]

Noncontrolling Interests

Noncontrolling Interests

Redeemable Noncontrolling Interests

In connection with the Company's previous acquisitions of New Video Channel America L.L.C (owner of the cable channel BBC America) and RLJ Entertainment, the terms of the acquisition agreements provide the noncontrolling members with a right to put all of their noncontrolling interest to subsidiaries of the Company at a future time. Since the exercise of these put rights is outside the Company's control, the noncontrolling interest in each entity is presented as a redeemable noncontrolling interest outside of stockholders' equity on the Company's consolidated balance sheet.

The following tables summarize activity related to redeemable noncontrolling interest for the three and six months ended June 30, 2023 and 2022:

(In thousands)	Three Months Ended June 30, 2023
March 31, 2023	$	249,919
Net earnings	6,800
Distributions	(15,233)
June 30, 2023	$	241,486

(In thousands)	Three Months Ended June 30, 2022
March 31, 2022	$	287,756
Net earnings	4,621
Distributions	(22,180)
Other	529
June 30, 2022	$	270,726

(In thousands)	Six Months Ended June 30, 2023
December 31, 2022	$	253,669
Net earnings	13,070
Distributions	(25,253)
June 30, 2023	$	241,486

(In thousands)	Six Months Ended June 30, 2022
December 31, 2021	$	283,849
Net earnings	8,528
Distributions	(22,180)
Other	529
June 30, 2022	$	270,726