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Goodwill and Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill for Each Reportable Segment
The following analysis details the changes in goodwill for each reportable segment:
Recorded
Music
Music
Publishing
Total
(in millions)
Balances at September 30, 2022$1,456 $464 $1,920 
Acquisitions51 — 51 
Other adjustments22 — 22 
Balances at September 30, 2023$1,529 $464 $1,993 
Acquisitions— 
Other adjustments23 — 23 
Balances at September 30, 2024$1,557 $464 $2,021 
Schedule of Indefinite-Lived Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeSeptember 30,
2024
September 30,
2023
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,616 $1,507 
Music publishing copyrights24 years2,227 2,026 
Artist and songwriter contracts13 years1,125 1,091 
Trademarks18 years69 111 
Other intangible assets7 years69 104 
Total gross intangible assets subject to amortization5,106 4,839 
Accumulated amortization(2,747)(2,486)
Total net intangible assets subject to amortization2,359 2,353 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite152 149 
Total net intangible assets$2,511 $2,502 
Schedule of Finite-Lived Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeSeptember 30,
2024
September 30,
2023
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,616 $1,507 
Music publishing copyrights24 years2,227 2,026 
Artist and songwriter contracts13 years1,125 1,091 
Trademarks18 years69 111 
Other intangible assets7 years69 104 
Total gross intangible assets subject to amortization5,106 4,839 
Accumulated amortization(2,747)(2,486)
Total net intangible assets subject to amortization2,359 2,353 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite152 149 
Total net intangible assets$2,511 $2,502 
Schedule of Expected Amortization of Intangible Assets
Based on the amount of intangible assets subject to amortization at September 30, 2024, the expected amortization for each of the next five fiscal years and thereafter are as follows:
Fiscal Year Ended September 30,Amortization
Expense
(in millions)
2025$246 
2026230 
2027200 
2028170 
2029165 
Thereafter1,348 
Total$2,359