MAJOR CUSTOMERS

6 Months Ended

Sep. 30, 2012

MAJOR CUSTOMERS

MAJOR CUSTOMERS

NOTE 7 — MAJOR CUSTOMERS

Our major customers (customers with revenue equal to or in excess of 10% of consolidated net revenue during any one of the presented periods) are Comcast Corporation (Comcast), Time Warner, Inc. (Time Warner), DIRECTV, Inc. (DirecTV), and DISH Network Corporation (DISH). Revenue from these customers is included in the Transactional TV and Film Production segments. Net revenue from these customers as a percentage of total net revenue for each of the three and six month periods ended September 30 was as follows:

	Three Months Ended September 30,				Six Months Ended September 30,
	2012		2011		2012		2011
Comcast	19	%	21	%	17	%	19	%
Time Warner	12	%	11	%	10	%	12	%
DirecTV	12	%	11	%	11	%	11	%
DISH	9	%	10	%	8	%	10	%

The outstanding accounts receivable balances due from our major customers as of the dates presented were as follows (in thousands):

	September 30, 2012		March 31, 2012
Comcast	$	1,075	$	1,264
DISH	805		562
DirecTV	912		822
Time Warner	460		292

We also recognized revenue from one Film Production segment customer that represented approximately 11% of the total net revenue during the six month period ended September 30, 2012. No outstanding accounts receivable balance was due from this customer as of September 30, 2012.

The loss of any of our major customers would have a material adverse effect on our results of operations and financial condition.