Produced and Acquired/Licensed Content Costs and Advances

6 Months Ended

Apr. 02, 2022

Other Industries [Abstract]

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 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 2, 2022						As of October 2, 2021
	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total		Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Produced content
Released, less amortization	$	4,849	$	10,657	$	15,506	$	4,944	$	9,779	$	14,723
Completed, not released	267		1,527		1,794		630		762		1,392
In-process	5,000		5,778		10,778		4,371		4,623		8,994
In development or pre-production	296		274		570		351		162		513
	$	10,412	$	18,236	28,648		$	10,296	$	15,326	25,622
Licensed content - Television programming rights and advances					5,497						6,110
Total produced and licensed content					$	34,145					$	31,732
Current portion					$	1,796					$	2,183
Non-current portion					$	32,349					$	29,549

Amortization of produced and licensed content is as follows:

	Quarter Ended				Six Months Ended
	April 2, 2022		April 3, 2021		April 2, 2022		April 3, 2021
Produced content
Predominantly monetized individually	$	838	$	758	$	1,871	$	1,370
Predominantly monetized as a group	1,503		1,241		3,121		2,439
	2,341		1,999		4,992		3,809
Licensed programming rights and advances	2,839		2,223		7,650		6,762
Total produced and licensed content costs(1)	$	5,180	$	4,222	$	12,642	$	10,571

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