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Revenue
 12 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Revenue by Segment, Market or Product Line
The table below presents revenues by segment, market or product line for the fiscal years ended March 31, 2024, 2023 and 2022. The Motion Picture and Television Production segments include the revenues of eOne from the acquisition date of December 27, 2023 (see Note 2).
Year Ended
March 31,
202420232022
(Amounts in millions)
Revenue by Type:
Motion Picture
Theatrical$226.5 $120.7 $65.3 
Home Entertainment
Digital Media652.3 527.5 497.1 
Packaged Media84.0 70.5 115.0 
Total Home Entertainment736.3 598.0 612.1 
Television274.4 217.8 257.9 
International391.0 365.0 234.4 
Other28.1 22.2 15.6 
Total Motion Picture revenues1,656.3 1,323.7 1,185.3 
Television Production
Television788.5 1,144.3 1,094.5 
International228.8 277.7 256.5 
Home Entertainment
Digital Media240.6 241.7 85.1 
Packaged Media2.0 3.3 6.9 
Total Home Entertainment242.6 245.0 92.0 
Other70.2 93.1 88.0 
Total Television Production revenues1,330.1 1,760.1 1,531.0 
Media Networks - Programming Revenues
Domestic1,365.4 1,395.8 1,428.9 
International211.0 150.7 107.3 
1,576.4 1,546.5 1,536.2 
Intersegment eliminations(545.9)(775.5)(648.2)
Total revenues$4,016.9 $3,854.8 $3,604.3 

Remaining Performance Obligations
Remaining performance obligations represent deferred revenue on the balance sheet plus fixed fee or minimum guarantee contracts where the revenue will be recognized and the cash received in the future (i.e., backlog). Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at March 31, 2024 are as follows:
Year Ending March 31,
202520262027ThereafterTotal
(Amounts in millions)
Remaining Performance Obligations$1,208.3 $486.3 $48.5 $51.0 $1,794.1 
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.

Revenues of $290.6 million, including variable and fixed fee arrangements, were recognized during the year ended March 31, 2024 from performance obligations satisfied prior to March 31, 2023. These revenues were primarily associated with the distribution of television and theatrical product in electronic sell-through and video-on-demand formats, and to a lesser extent, the distribution of theatrical product in the domestic and international markets related to films initially released in prior periods.

Accounts Receivable, Contract Assets and Deferred Revenue

The timing of revenue recognition, billings and cash collections affects the recognition of accounts receivable, contract assets and deferred revenue (see Note 1). See the consolidated balance sheets or Note 19 for accounts receivable, contract assets and deferred revenue balances at March 31, 2024 and 2023.

Accounts Receivable. Accounts receivable are presented net of a provision for doubtful accounts. The Company estimates provisions for accounts receivable based on historical experience for the respective risk categories and current and future expected economic conditions. To assess collectability, the Company analyzes market trends, economic conditions, the aging of receivables and customer specific risks, and records a provision for estimated credit losses expected over the lifetime of the receivables in direct operating expense.

The Company performs ongoing credit evaluations and monitors its credit exposure through active review of customers' financial condition, aging of receivable balances, historical collection trends, and expectations about relevant future events that may significantly affect collectability. The Company generally does not require collateral for its trade accounts receivable.

Changes in the provision for doubtful accounts consisted of the following:
March 31, 2023(Benefit) provision for doubtful accounts
Other(1)
Uncollectible accounts written-off(2)
March 31,
2024
(Amounts in millions)
Trade accounts receivable$9.2 $0.5 $1.3 $(3.8)$7.2 
_______________________
(1)Represents the provision for doubtful accounts acquired in the acquisition of eOne (see Note 2).
(2)Represents primarily accounts receivable previously reserved for bad debt from customers in Russia, related to Russia's invasion of Ukraine.

Contract Assets. Contract assets relate to the Company’s conditional right to consideration for completed performance under the contract (e.g., unbilled receivables). Amounts relate primarily to contractual payment holdbacks in cases in which the Company is required to deliver additional episodes or seasons of television content in order to receive payment, complete certain administrative activities, such as guild filings, or allow the Company's customers' audit rights to expire. See Note 19 for contract assets at March 31, 2024 and 2023.

Deferred Revenue. Deferred revenue relates primarily to customer cash advances or deposits received prior to when the Company satisfies the corresponding performance obligation. At March 31, 2024, the current portion of deferred revenue includes $65.6 million from the acquisition of eOne (see Note 2). Revenues of $134.7 million were recognized during the year ended March 31, 2024, related to the balance of deferred revenue at March 31, 2023.