| Schedule of Program Rights by Predominant Monetization Strategy |
Total capitalized produced and licensed content by predominant monetization strategy is as follows: | | | | | | | | | | | | | | | | | | | June 30, 2026 | | (In thousands) | Predominantly Monetized Individually | | Predominantly Monetized as a Group | | Total | | Owned original program rights, net: | | | | | | | Completed | $ | 35,973 | | | $ | 705,150 | | | $ | 741,123 | | | In-production and in-development | — | | | 182,094 | | | 182,094 | | | Total owned original program rights, net | $ | 35,973 | | | $ | 887,244 | | | $ | 923,217 | | | | | | | | | Licensed program rights, net: | | | | | | | Licensed film and acquired series | $ | — | | | $ | 538,023 | | | $ | 538,023 | | | Licensed originals | — | | | 112,521 | | | 112,521 | | | Advances and other production costs | — | | | 59,301 | | | 59,301 | | | Total licensed program rights, net | — | | | 709,845 | | | 709,845 | | | Program rights, net | $ | 35,973 | | | $ | 1,597,089 | | | $ | 1,633,062 | | | | | | | | | Current portion of program rights, net | | | | | $ | 5,280 | | | Program rights, net (long-term) | | | | | 1,627,782 | | | | | | | $ | 1,633,062 | | | | | | | |
| | | | | | | | | | | | | | | | | | | 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 | | | | | | | |
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| Schedule of Amortization of Owned and Licensed Program Rights |
Amortization of owned and licensed program rights included in Technical and operating expenses is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | Six Months Ended June 30, 2026 | | (In thousands) | Predominantly Monetized Individually | | Predominantly Monetized as a Group | | Total | | Predominantly Monetized Individually | | Predominantly Monetized as a Group | | Total | | | | | | | | | | | | | | Owned original program rights | $ | 2,909 | | | $ | 94,516 | | | $ | 97,425 | | | $ | 8,278 | | | $ | 187,852 | | | $ | 196,130 | | | Licensed program rights | — | | | 111,742 | | | 111,742 | | | — | | | 219,299 | | | 219,299 | | | $ | 2,909 | | | $ | 206,258 | | | $ | 209,167 | | | $ | 8,278 | | | $ | 407,151 | | | $ | 415,429 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | Six Months Ended June 30, 2025 | | (In thousands) | Predominantly Monetized Individually | | Predominantly Monetized as a Group | | Total | | Predominantly Monetized Individually | | Predominantly Monetized as a Group | | Total | | | | | | | | | | | | | | Owned original program rights | $ | 11,645 | | | $ | 91,290 | | | $ | 102,935 | | | $ | 15,538 | | | $ | 178,433 | | | $ | 193,971 | | | Licensed program rights | 63 | | | 108,752 | | | 108,815 | | | 142 | | | 215,518 | | | 215,660 | | | $ | 11,708 | | | $ | 200,042 | | | $ | 211,750 | | | $ | 15,680 | | | $ | 393,951 | | | $ | 409,631 | |
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