v3.26.1
Program Rights (Tables)
 3 Months Ended
Mar. 31, 2026
Film, Disclosures [Abstract]  
Schedule of Program Rights by Predominant Monetization Strategy
Total capitalized produced and licensed content by predominant monetization strategy is as follows:
March 31, 2026
(In thousands) Predominantly Monetized Individually  Predominantly Monetized as a Group  Total
Owned original program rights, net:
Completed$38,889 $590,357 $629,246 
In-production and in-development — 307,121 307,121 
Total owned original program rights, net$38,889 $897,478 $936,367 
Licensed program rights, net:
Licensed film and acquired series$— $564,558 $564,558 
Licensed originals— 130,598 130,598 
Advances and other production costs— 60,112 60,112 
Total licensed program rights, net— 755,268 755,268 
Program rights, net $38,889 $1,652,746 $1,691,635 
Current portion of program rights, net$6,281 
Program rights, net (long-term)1,685,354 
$1,691,635 

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 
Schedule of Amortization of Owned and Licensed Program Rights
Amortization, including write-offs, of owned and licensed program rights is as follows:
Three Months Ended March 31, 2026
(In thousands)Predominantly Monetized IndividuallyPredominantly Monetized as a GroupTotal
Included in Technical and operating:
Owned original program rights$5,369 $93,336 $98,705 
Licensed program rights— 107,557 107,557 
$5,369 $200,893 $206,262 
Three Months Ended March 31, 2025
(In thousands)Predominantly Monetized IndividuallyPredominantly Monetized as a GroupTotal
Included in Technical and operating:
Owned original program rights$3,893 $87,143 $91,036 
Licensed program rights79 106,766 106,845 
$3,972 $193,909 $197,881