Produced and Acquired/Licensed Content Costs and Advances

6 Months Ended

Apr. 03, 2021

Produced and Acquired/Licensed Content Costs and Advances Disclosure

Produced and Acquired/Licensed Content Costs and Advances

The Company classifies its capitalized produced and acquired/licensed content costs as long-term assets and generally classifies advances for live programming rights made prior to the live event as short-term assets. For purposes of amortization and impairment, the capitalized content costs are classified based on their predominant monetization strategy as follows:

•Individual - lifetime value is predominantly derived from third-party revenues that are directly attributable to the specific film or television title (e.g. theatrical revenues or sales to third-party television programmers)

•Group - lifetime value is predominantly derived from third-party revenues that are attributable only to a bundle of titles (e.g. subscription revenue for a DTC service or affiliate fees for a cable television network)

Total capitalized produced and licensed content by predominant monetization strategy is as follows:


	As of April 3, 2021						As of October 3, 2020
	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total		Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Produced content
Theatrical film costs
Released, less amortization	$	2,811	$	2,657	$	5,468	$	3,000	$	2,601	$	5,601
Completed, not released	1,224		10		1,234		522		210		732
In-process	3,144		679		3,823		3,322		259		3,581
In development or pre-production	229		11		240		262		16		278
	$	7,408	$	3,357	10,765		$	7,106	$	3,086	10,192
Television costs
Released, less amortization	$	1,874	$	6,060	$	7,934	$	2,090	$	5,584	$	7,674
Completed, not released	214		733		947		33		510		543
In-process	207		2,843		3,050		263		1,831		2,094
In development or pre-production	2		207		209		6		87		93
	$	2,297	$	9,843	12,140		$	2,392	$	8,012	10,404
Licensed content - Television programming rights and advances					6,157						6,597
Total produced and licensed content					$	29,062					$	27,193

Current portion					$	2,204					$	2,171
Non-current portion					$	26,858					$	25,022

Amortization of produced and licensed content is as follows:


	Quarter Ended April 3, 2021						Quarter Ended March 28, 2020
	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total		Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Theatrical film costs	$	352	$	270	$	622	$	499	$	232	$	731
Television costs	406		971		1,377		726		940		1,666
Total produced content costs	$	758	$	1,241	1,999		$	1,225	$	1,172	2,397
Television programming rights and advances					2,223						2,709
Total produced and licensed content costs(1)					$	4,222					$	5,106

	Six Months Ended April 3, 2021						Six Months Ended March 28, 2020
	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total		Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Theatrical film costs	$	649	$	510	$	1,159	$	1,025	$	543	$	1,568
Television costs	721		1,929		2,650		1,480		1,867		3,347
Total produced content costs	$	1,370	$	2,439	3,809		$	2,505	$	2,410	4,915
Television programming rights and advances					6,762						6,440
Total produced and licensed content costs(1)					$	10,571					$	11,355

(1)Primarily included in “Costs of services” in the Condensed Consolidated Statements of Income.