FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Sep. 30, 2012

FAIR VALUE MEASUREMENT

Schedule of assets and liabilities measured at fair value on a nonrecurring basis

	Level 1		Level 2		Level 3		Net Fair Value
Other long-lived assets (1)	$	—	$	—	$	72	$	72

(1)Measurement relates to the Transactional TV segment’s other long-lived assets. The recorded carrying value of an asset was reduced to its estimated fair value based on management’s estimates of assumptions that market participants would use in pricing the asset. As a result, we recorded an immaterial impairment charge within the charge for asset impairments line item in the condensed consolidated statements of operations.

	Level 1		Level 2		Level 3			Net Fair Value
Goodwill (2)	$	—	$	—	$	—	*	$	—
Film costs (3)		—		—		6			6
Other long-lived assets (4)		—		—		100			100

*Fair values were measured using level 3 inputs, and the fair values were zero.

(2)Measurement relates to the Transactional TV segment’s goodwill impairment analysis. We recorded a $3.7 million goodwill impairment charge to reduce the goodwill balance from $3.7 million to the implied fair value of goodwill of zero during fiscal year 2012.

(3)Measurement relates to the Film Production segment’s film cost impairment analysis. We adjusted downward the estimated future revenue for several films due to a continuation of underperformance relative to expectations, which caused the estimated fair value of the films to be less than the unamortized film cost. As a result, we recorded a $0.2 million film cost impairment charge.

(4)Measurement relates to the Transactional TV segment’s other long-lived assets. The recorded carrying value of an asset was reduced to its estimated fair value based on management’s estimates of assumptions that market participants would use in pricing the asset. As a result, we recorded a $0.1 million asset impairment charge in fiscal year 2012.