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Other Long-Term Liabilities
9 Months Ended
Dec. 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.

 

   December 31,
2021
   March 31,
2021
 
Due to Music Partner  $
       -
   $   3,937 
Other long-term liabilities   174    2,422 

   

The amount included in Other long-term liabilities at December 31, 2021 and March 31, 2021 is comprised of a contingent consideration liability resulting from the business combinations with Gramophone and PodcastOne, respectively (Note 4 - Business Combinations) and is carried at fair value (see Note 19 - Fair Value Measurements). At December 31, 2021 the contingent consideration liability resulting from the business combination with PodcastOne is classified as current in accounts payable and accrued liabilities in the accompanying condensed consolidated balance sheets.