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Revenue (Tables)

3 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The table below presents revenues by segment, market or product line for the three months ended June 30, 2021 and 2020:

									Three Months Ended
									June 30,
															2021						2020
															(Amounts in millions)
Revenue by Type:
Motion Picture
Theatrical															$	28.4					$	0.3
Home Entertainment
Digital Media															112.2						127.7
Packaged Media															34.0						39.5
Total Home Entertainment															146.2						167.2
Television															50.8						58.5
International															62.8						52.5
Other															3.0						2.2
Total Motion Picture revenues															291.2						280.7
Television Production
Television															272.2						95.9
International															67.5						46.4
Home Entertainment
Digital Media															24.5						45.9
Packaged Media															2.3						0.7
Total Home Entertainment															26.8						46.6
Other															19.6						6.8
Total Television Production revenues															386.1						195.7
Media Networks - Programming Revenues
Domestic(1)															358.2						357.3
International															24.1						10.0
															382.3						367.3
Intersegment eliminations															(158.4)						(30.0)
Total revenues															$	901.2					$	813.7

___________________

(1)Media Networks domestic revenues for the three months ended June 30, 2020 included revenue from the Company's former Other Streaming Services product line of $11.5 million, substantially all of which related to the Company's former interest in Pantaya, which was sold on March 31, 2021 (see Note 2).

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction

Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at June 30, 2021 are as follows:

						Rest of Year Ending March 31, 2022						Year Ending March 31,
												2023						2024						Thereafter						Total
						(Amounts in millions)
Remaining Performance Obligations						$	837.5					$	376.0					$	107.0					$	146.0					$	1,466.5

The above table does not include estimates of variable consideration for transactions involving sales or usage-based royalties in exchange for licenses of intellectual property. The revenues included in the above table include all fixed fee contracts regardless of duration.

Contract with Customer, Asset and Liability

At June 30, 2021 and March 31, 2021, accounts receivable, contract assets and deferred revenue are as follows.

Item						Balance Sheet Location						June 30, 2021						March 31, 2021						Addition (Reduction)
												(Amounts in millions)
Accounts receivable, net - current						Accounts receivable, net						$	447.2					$	383.7					$	63.5
Accounts receivable, net - non-current						Other assets - non-current						57.3						49.4						7.9
Contract asset - current						Other assets - current(1)						28.7						25.6						3.1
Contract asset - non-current						Other assets - non-current(1)						10.6						10.3						0.3
Deferred revenue - current						Deferred revenue - current						177.5						165.7						11.8
Deferred revenue - non-current						Deferred revenue - non-current						53.1						56.2						(3.1)

__________________

(1)Included in prepaid expenses and other (see Note 17)

Accounts Receivable, Provision for Doubtful Accounts

Changes in the provision for doubtful accounts consisted of the following:

			March 31, 2021												(Benefit) provision for doubtful accounts(1)						Uncollectible accounts written-off						June 30, 2021
			(Amounts in millions)
Trade accounts receivable			$	6.5											$	(0.9)					$	—					$	5.6

_______________________

(1)Represents collections on accounts receivable previously reserved.

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
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