Produced and Acquired/Licensed Content Costs and Advances

6 Months Ended

Apr. 01, 2023

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 1, 2023						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	$	4,996	$	14,005	$	19,001	$	4,639	$	12,688	$	17,327
Completed, not released	130		1,540		1,670		214		2,019		2,233
In-process	3,992		7,793		11,785		5,041		6,793		11,834
In development or pre-production	343		251		594		372		254		626
	$	9,461	$	23,589	33,050		$	10,266	$	21,754	32,020
Licensed content - Television programming rights and advances					5,771						5,647
Total produced and licensed content					$	38,821					$	37,667
Current portion					$	1,872					$	1,890
Non-current portion					$	36,949					$	35,777

Amortization of produced and licensed content is as follows:

	Quarter Ended				Six Months Ended
	April 1, 2023		April 2, 2022		April 1, 2023		April 2, 2022
Produced content
Predominantly monetized individually	$	1,006	$	838	$	2,163	$	1,871
Predominantly monetized as a group	1,952		1,503		4,112		3,121
	2,958		2,341		6,275		4,992
Licensed programming rights and advances	3,196		2,839		7,735		7,650
Total produced and licensed content costs(1)	$	6,154	$	5,180	$	14,010	$	12,642

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