v3.26.1
Investments in Productions
6 Months Ended
Jun. 28, 2026
Other Industries [Abstract]  
Investments in Productions Investments in Productions
Investments in productions 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 consisted of the following:
June 28,
2026
June 29,
2025
December 28,
2025
Investment in Films and Television Programs:
Individual monetization:
Released, net of amortization$57.4 $63.9 $63.2 
Completed and not released9.9
In production5.52.90.4
Pre-production8.69.34.0
Total individual monetization71.586.067.6
Film/TV group monetization:
Released, net of amortization30.631.429.8
In production0.40.3
Total film/TV group monetization31.031.430.1
Total program investments$102.5 $117.4 $97.7 
The Company's program cost amortization consisted of the following:
Three Months EndedSix Months Ended
June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Individual monetization$2.1 $5.4 $5.7 $11.8 
Film/TV group monetization1.0 0.8 1.4 1.8 
Total program cost amortization$3.1 $6.2 $7.1 $13.6