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Goodwill and Intangible Assets (Tables)
6 Months Ended
Mar. 31, 2014
Changes in Goodwill for Each Reportable Segment

The following summary sets forth the changes in goodwill for each reportable segment during the six months ended March 31, 2014:

 

 

Recorded
Music

 

  

Music
Publishing

 

  

Total

 

 

(in millions)

 

Balance at September 30, 2013

$

1,204

 

 

$

464

 

 

$

1,668

 

Acquisitions

 

7

 

 

 

 

 

 

7

 

Dispositions

 

 

 

 

 

 

 

 

Other adjustments

 

4

 

 

 

 

 

 

4

 

Balance at March 31, 2014

$

1,215

 

 

$

464

 

 

$

1,679

 

 

Schedule of Other Intangible Assets

Other intangible assets consisted of the following:

 

 

Weighted
Average
Useful Life

 

  

March 31,
2014

 

  

September 30,
2013

 

 

 

 

  

(in millions)

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

Recorded music catalog

 

11 years

 

 

$

1,023

 

 

$

1,006

 

Music publishing copyrights

 

28 years

 

 

 

1,577

 

 

 

1,546

 

Artist and songwriter contracts

 

13 years

 

 

 

993

 

 

 

983

 

Trademarks

 

7 years

 

 

 

7

 

 

 

7

 

 

 

 

 

 

 

3,600

 

 

 

3,542

 

Accumulated amortization

 

 

 

 

 

(569

)

 

 

(435

)

Total net intangible assets subject to amortization

 

 

 

 

 

3,031

 

 

 

3,107

 

Intangible assets not subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

Trademarks and tradenames

 

Indefinite

 

 

 

120

 

 

 

120

 

Total net other intangible assets

 

 

 

 

$

3,151

 

 

$

3,227