Goodwill and Intangible Assets (Tables)

9 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

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)
Balance at September 30, 2018	$	1,228		$	464	$	1,692
Acquisitions (a)	89			—		89
Divestitures	—			—		—
Other adjustments (b)	(9		)	—		(9		)
Balance at June 30, 2019	$	1,308		$	464	$	1,772

_______________________

(a) Relates to the acquisition of EMP during the nine months ended June 30, 2019.

(b) Other adjustments during the nine months ended June 30, 2019 represent foreign currency movements.

Schedule of Indefinite Intangible Assets

Intangible assets consist of the following:

	Weighted Average Useful Life	June 30, 2019			September 30, 2018
		(in millions)
Intangible assets subject to amortization:
Recorded music catalog	10 years	$	861		$	870
Music publishing copyrights	26 years	1,555			1,540
Artist and songwriter contracts	13 years	853			864
Trademarks	18 years	52			12
Other intangible assets	7 years	58			26
Total gross intangible asset subject to amortization		3,379			3,312
Accumulated amortization		(1,599		)	(1,461		)
Total net intangible assets subject to amortization		1,780			1,851
Intangible assets not subject to amortization:
Trademarks and tradenames	Indefinite	153			154
Total net intangible assets		$	1,933		$	2,005

Schedule of Finite-Lived Intangible Assets

Intangible assets consist of the following:

	Weighted Average Useful Life	June 30, 2019			September 30, 2018
		(in millions)
Intangible assets subject to amortization:
Recorded music catalog	10 years	$	861		$	870
Music publishing copyrights	26 years	1,555			1,540
Artist and songwriter contracts	13 years	853			864
Trademarks	18 years	52			12
Other intangible assets	7 years	58			26
Total gross intangible asset subject to amortization		3,379			3,312
Accumulated amortization		(1,599		)	(1,461		)
Total net intangible assets subject to amortization		1,780			1,851
Intangible assets not subject to amortization:
Trademarks and tradenames	Indefinite	153			154
Total net intangible assets		$	1,933		$	2,005