
	December 31, 2025
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Owned original program rights, net:
Completed	$	44,258	$	597,009	$	641,267
In-production and in-development	—		333,568		333,568
Total owned original program rights, net	$	44,258	$	930,577	$	974,835

Licensed program rights, net:
Licensed film and acquired series	$	—	$	593,491	$	593,491
Licensed originals	—		141,243		141,243
Advances and other production costs	—		57,045		57,045
Total licensed program rights, net	—		791,779		791,779
Program rights, net	$	44,258	$	1,722,356	$	1,766,614

Current portion of program rights, net					$	3,530
Program rights, net (long-term)					1,763,084
					$	1,766,614


	December 31, 2024
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Owned original program rights, net:
Completed	$	65,129	$	647,632	$	712,761
In-production and in-development	—		222,660		222,660
Total owned original program rights, net	$	65,129	$	870,292	$	935,421

Licensed program rights, net:
Licensed film and acquired series	$	261	$	543,396	$	543,657
Licensed originals	—		147,245		147,245
Advances and other production costs	—		90,318		90,318
Total licensed program rights, net	261		780,959		781,220
Program rights, net	$	65,390	$	1,651,251	$	1,716,641

Current portion of program rights, net					$	2,689
Program rights, net (long-term)					1,713,952
					$	1,716,641


	Year Ended December 31, 2025
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Included in Technical and operating:
Owned original program rights	$	20,449	$	364,211	$	384,660
Licensed program rights	227		461,913		462,140
	$	20,676	$	826,124	$	846,800

For the year ended December 31, 2025, write-offs of owned original program rights and licensed program rights, included in restructuring and other related charges, were $0.7 million and $6.0 million, respectively, all of which were predominately monetized as a group.


	Year Ended December 31, 2024
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Included in Technical and operating:
Owned original program rights	$	74,417	$	319,385	$	393,802
Licensed program rights	2,102		493,490		495,592
	$	76,519	$	812,875	$	889,394

For the year ended December 31, 2024, write-offs of owned original program rights and licensed program rights, included in restructuring and other related charges, were $38.3 million and $5.9 million, respectively, all of which were predominately monetized as a group.


	Year Ended December 31, 2023
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Included in Technical and operating:
Owned original program rights	$	154,523	$	282,954	$	437,477
Licensed program rights	3,162		465,519		468,681
	$	157,685	$	748,473	$	906,158


(In thousands)	2026		2027		2028
Owned original program rights:
Predominantly Monetized Individually	$	21,597	$	20,885	$	1,776
Predominantly Monetized as a Group	312,315		169,671		79,637

Licensed program rights:

Predominantly Monetized as a Group	374,771		198,632		111,254

There were no material write-offs included in technical and operating expense for the year ended December 31, 2025. Program rights write-offs for programming that was substantively abandoned of $20.7 million and $17.3 million were included in technical and operating expense for the years ended December 31, 2024 and 2023, respectively. For the year ended December 31, 2025, there were $6.7 million of program write-offs recorded to restructuring and other related charges, primarily related to the wind-down of a U.K. joint venture, and for the year ended December 31, 2024, there were $44.2 million of program write-offs recorded to restructuring and other related charges in connection with the Company’s strategic programming assessments following the purchase of the remaining interest in BBCA. There were no program write-offs recorded to restructuring and other related charges for the year ended December 31, 2023. See Note 4 to the consolidated financial statements for additional information.