Investments

6 Months Ended

Sep. 30, 2020

Equity Method Investments, and Investments in Debt and Equity Securities [Abstract]

The Company's investments consisted of the following:


	September 30, 2020		March 31, 2020
	(Amounts in millions)
Investments in equity method investees	$	30.7	$	34.3
Other investments(1)	1.4		6.0
	$	32.1	$	40.3

________________

(1)Includes investments in equity securities without readily determinable fair values of nil and $5.4 million at September 30, 2020 and March 31, 2020, respectively.

Equity Method Investments:

The Company has investments in various equity method investees with ownership percentages ranging from approximately 9% to 49%. These investments include:

STARZPLAY Arabia. STARZPLAY Arabia (Playco Holdings Limited) offers a STARZ-branded online subscription video-on-demand service in the Middle East and North Africa.

Roadside Attractions. Roadside Attractions is an independent theatrical distribution company.

Pantelion Films. Pantelion Films is a joint venture with Videocine, an affiliate of Televisa, which produces, acquires and distributes a slate of English and Spanish language feature films that target Hispanic moviegoers in the U.S.

Atom Tickets. Atom Tickets is the first-of-its-kind theatrical mobile ticketing platform and app.

Great Point Opportunity Fund. Great Point Opportunity Fund is a partnership to make investments in an operating company that will operate a studio facility in Yonkers, New York.

Other. In addition to the equity method investments discussed above, the Company holds ownership interests in other immaterial equity method investees.

Summarized Financial Information. Summarized financial information for the Company's equity method investees on an aggregate basis is set forth below:


	September 30, 2020		March 31, 2020
	(Amounts in millions)
Current assets	$	146.6	$	138.3
Non-current assets	$	188.0	$	162.0
Current liabilities	$	180.6	$	167.3
Non-current liabilities	$	104.6	$	102.2


	Three Months Ended				Six Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
	(Amounts in millions)
Revenues	$	22.3	$	47.0	$	46.8	$	77.2
Gross profit	$	7.1	$	16.2	$	13.8	$	24.3
Net loss	$	(16.1)	$	(8.6)	$	(33.8)	$	(31.0)

Gain (Loss) on Investments:

The following table summarizes the components of the gain (loss) on investments:


	Three Months Ended				Six Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
	(Amounts in millions)
Unrealized gains (losses) on equity securities held as of September 30, 2020 and 2019, respectively	$	0.3	$	(0.4)	$	0.8	$	(0.3)
Impairments of other investments(1)	(5.0)		—		(5.0)		—
Gain on sale of other investments	—		—		4.6		—
	$	(4.7)	$	(0.4)	$	0.4	$	(0.3)

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(1)Impairments of other investments represents impairments of equity securities without readily determinable fair values that were written down to their estimated fair value.