Licensing and Publishing Services Agreements |
12 Months Ended |
|---|---|
Mar. 31, 2016 | |
| Deferred Revenue Disclosure [Abstract] | |
| Licensing and Publishing Services Agreements | Licensing and Publishing Services Agreements Licensing Agreements During fiscal 2015, the Company entered into a long-term licensing agreement (the "Licensing Agreement") with an unrelated third party (the "Licensee") pursuant to which the Company granted a license for the international publication, in print and digital formats, of Men's Fitness, Muscle & Fitness, Flex and Muscle & Fitness Hers. Upon execution of the Licensing Agreement, the Company received $0.9 million as a guaranteed minimum royalty over the term of the agreement. The Licensing Agreement contributed approximately $0.3 million in revenues during fiscal 2016. The Company is further entitled to additional royalties if actual earned royalties exceed the guaranteed minimum royalty. Publishing Services In November 2009, the Company entered into a long-term publishing services agreement with Playboy Enterprises, Inc. (“Playboy”), pursuant to which the Company assumed responsibility for Playboy magazine's advertising sales and marketing, circulation and production management, newsstand distribution and back office financial services. Playboy compensated the Company for these services through fees and commissions for advertising sales on print and digital revenues, in addition to certain cost savings and subscription revenue incentives. The Playboy publishing services agreement terminated in December 2014 and contributed $1.3 million and $3.5 million in revenues and $1.0 million and $1.8 million of operating income during fiscal 2015 and 2014, respectively. |