Related Party Transactions

12 Months Ended

Jun. 30, 2016

NOTE 14. RELATED PARTY TRANSACTIONS

Related Party Transactions

In the ordinary course of business, the Company enters into transactions with related parties, such as equity affiliates, to sell certain broadcast rights and purchase and/or sell advertising and administrative services. The following table sets forth the net revenue from related parties included in the Statements of Operations:


	For the fiscal years ended June 30,
	2016		2015		2014
	(in millions)
Related party revenue, net of expense	$	319	$	281	$	305

The following table sets forth the amount of receivables due from and payable to related parties outstanding on the Balance Sheets:


	As of June 30,
	2016		2015
	(in millions)
Accounts receivable from related parties	$	86	$	72
Notes receivable from related parties		338		345
Accounts payable to related parties		31		10

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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