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REVENUE
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
The following table sets forth the Company’s disaggregated revenues for the three months ended March 31, 2024, and 2023, as well as the relative percentage to total revenue:
Three Months Ended
March 31,
(in thousands)20242023
Direct Business:
Direct-to-Consumer
8,068 67 %7,480 60 %
Partner Direct Business1,462 12 %1,102 9 %
Total Direct Business9,530 79 %8,582 69 %
Content Licensing:
Library sales
868 7 %817 7 %
Presales296 2 %1,201 10 %
Total Content Licensing1,164 10 %2,018 16 %
Bundled Distribution1,142 10 %1,416 11 %
Enterprise68 1 %97 1 %
Other97 1 %274 2 %
Total revenues
$12,001 $12,387 
REMAINING PERFORMANCE OBLIGATIONS
As of March 31, 2024, the Company expects to recognize revenues in the future related to performance obligations that were unsatisfied as follows:
Remainder of
Year Ending
December 31,
2024		Year Ended December 31,
(in thousands)
202520262027ThereafterTotal
Remaining performance obligations$1,192 $613 $92 $46 $20 $1,963 
These amounts include only fixed consideration or minimum guarantees and do not include amounts related to (a) contracts with an original expected term of one year or less or (b) licenses of content that are solely based on sales or usage-based royalties.
DEFERRED REVENUE
Contract liabilities (i.e., deferred revenue) consist of subscriber and affiliate license fees billed that have not been recognized, amounts contractually billed or collected for content licensing sales in advance of the related content being made available to the customer, and unredeemed gift cards and other prepaid subscriptions that have not been redeemed. Total deferred revenues were $15.2 million as of March 31, 2024, and December 31, 2023, with the non-current portions of $0.6 million as of March 31, 2024, and December 31, 2023, included in other liabilities on the consolidated balance sheets.
For the three months ended March 31, 2024, the Company recognized revenues of $6.3 million related to amounts deferred as of December 31, 2023