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Participations and Residuals | 12 Months Ended
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Mar. 31, 2020
Participations And Residuals [abstract] |
Participations And Residuals | Participations and Residuals Theatrical Slate Participation On March 10, 2015, the Company entered into a theatrical slate participation arrangement with TIK Films (U.S.), Inc. and TIK Films (Hong Kong) Limited (collectively, "TIK Films"), both wholly owned subsidiaries of Hunan TV & Broadcast Intermediary Co. Ltd. Under the arrangement, TIK Films, in general and subject to certain limitations including per picture and annual caps, contributed a minority share of 25% of the Company’s production or acquisition costs of “qualifying” theatrical feature films, released generally during the three-year period ended January 23, 2018, and participated in a pro-rata portion of the pictures’ net profits or losses similar to a co-production arrangement based on the portion of costs funded. The arrangement excluded, among others, any theatrical feature film incorporating any elements from the Twilight, Hunger Games or Divergent franchises. The percentage of the contribution could vary on certain pictures. Amounts provided from TIK Films are reflected as a participation liability in the Company's consolidated balance sheets and amounted to $32.8 million at March 31, 2020 (March 31, 2019 - $157.0 million). The difference between the ultimate participation expected to be paid to TIK Films and the amount provided by TIK Films is amortized as a charge to or a reduction of participation expense under the individual-film-forecast method.

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- Definition Participations and residuals. + References No definition available. + Details
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- Definition The entire disclosure related to the total amount of participations and residual expenses due to another party. Participations includes amounts due to financial participants in films or TV programs, including actors, directors, and producers, for contractually defined participations in a film or TV program's net profit or gross receipts; residuals include amounts due to unions and guilds. + References No definition available. + Details
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