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Other Long-Term Liabilities
 12 Months Ended
Mar. 31, 2021
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]  
Other Long-Term Liabilities

Note 14 — Other Long-Term Liabilities


On October 30, 2020, Slacker entered into an amendment to existing agreements with a certain licensor of music content (the “Music Partner”) which own and license rights to Slacker to certain sound recordings. Pursuant to this amendment, payment terms on $5.9 million of outstanding balances to the Music Partner were extended over periods between 12 and 24 months.


   March 31,   March 31, 
   2021   2020 
         
Due to Music Partner  $3,937   $       - 
Other long-term liabilities   2,422    - 

The Company evaluated the agreements with the Music Partner and it was required to be accounted for as troubled debt restructuring under ASC 470-60, Troubled Debt Restructuring by Debtor. As a result of the evaluation, the Company reclassified the portion of the payable balance due after 12-months to non-current liabilities.


The amount included in Other long-term liabilities is comprised of a contingent consideration liability resulting from the business combination with PodcastOne (Note 4 - Business Combinations) and is carried at fair value (see Note 20 - Fair Value Measurements).