Produced and Acquired/Licensed Content Costs and Advances

3 Months Ended

Dec. 31, 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 December 31, 2022						As of October 1, 2022
	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total		Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Produced content
Released, less amortization	$	5,263	$	13,358	$	18,621	$	4,639	$	12,688	$	17,327
Completed, not released	116		1,632		1,748		214		2,019		2,233
In-process	4,047		7,502		11,549		5,041		6,793		11,834
In development or pre-production	338		174		512		372		254		626
	$	9,764	$	22,666	32,430		$	10,266	$	21,754	32,020
Licensed content - Television programming rights and advances					5,136						5,647
Total produced and licensed content					$	37,566					$	37,667
Current portion					$	1,300					$	1,890
Non-current portion					$	36,266					$	35,777

Amortization of produced and licensed content is as follows:

	Quarter Ended
	December 31, 2022		January 1, 2022
Produced content
Predominantly monetized individually	$	1,157	$	1,033
Predominantly monetized as a group	2,160		1,618
	3,317		2,651
Licensed programming rights and advances	4,539		4,811
Total produced and licensed content costs(1)	$	7,856	$	7,462

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