DISCONTINUED OPERATIONS

12 Months Ended

Mar. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS

On September 23, 2014, we completed the sale of Hollywood Software, Inc. d/b/a Cinedigm Software to a third party for cash consideration of $3.0 million and recognized a loss on sale of $3.3 million for the year ended March 31, 2015. There is no tax provision or benefit related to the discontinued operation.

The results of Software have been reclassified as discontinued operations for the fiscal year ended March 31, 2015. Income from discontinued operations for the period was as follows:

(In thousands)	For the Fiscal Year Ended March 31, 2015
Revenues	$	1,968
Costs and Expenses:
Direct operating	326
Selling, general and administrative	1,435
Research and development	14
Total operating expenses	1,775
Income from operations	193
Other expense, net	(93		)
Income from discontinued operations	$	100