v3.25.1
Investments in Productions and Investments in Acquired Content Rights
3 Months Ended
Mar. 30, 2025
Other Industries [Abstract]  
Investment in Productions and Investments in Acquired Content Rights Investments in Productions and Investments in Acquired Content Rights
Investments in productions and investments in acquired content rights are predominantly monetized on a title-by-title basis and are recorded within Other assets in the Company's Consolidated Balance Sheets to the extent they are considered recoverable against future revenues. These amounts are being amortized to program cost amortization using a model that reflects the consumption of the asset as it is released through various channels including broadcast licenses, theatrical release and home entertainment. Amounts capitalized are reviewed
periodically on an individual title basis and any portion of the unamortized amount that appears not to be recoverable from future net revenues is expensed as part of program cost amortization during the period the loss becomes evident.
The Company's unamortized investments in productions and investments in acquired content rights consisted of the following:
March 30,
2025
March 31,
2024
December 29,
2024
Investment in Films and Television Programs:
Individual Monetization
Released, net of amortization$60.9 $60.3 $62.4 
Completed and not released10.8 — — 
In production0.4 27.3 10.8 
Pre-production8.1 8.5 7.4 
80.2 96.1 80.6 
Film/TV Group Monetization
Released, net of amortization31.4 25.4 37.5 
In production— 24.3 — 
31.4 49.7 37.5 
Investment in Other Programming
Released, net of amortization7.0 13.7 6.0 
In production1.0 5.1 0.7 
Pre-production— 0.7 — 
8.0 19.5 6.7 
Total Program Investments$119.6 $165.3 $124.8 
The Company's program cost amortization, that related to investment in production that were released, during the three months ended March 30, 2025 and March 31, 2024, were $7.4 million and $8.1 million, respectively.