Produced and Acquired/Licensed Content Costs and Advances

9 Months Ended

Jun. 29, 2024

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 June 29, 2024						As of September 30, 2023
	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total		Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Produced content
Released, less amortization	$	4,759	$	13,899	$	18,658	$	4,968	$	13,555	$	18,523
Completed, not released	—		1,609		1,609		70		1,786		1,856
In-process	4,121		5,062		9,183		3,331		6,120		9,451
In development or pre-production	310		90		400		279		133		412
	$	9,190	$	20,660	29,850		$	8,648	$	21,594	30,242






Licensed content - Television programming rights and advances					4,941						6,351
Total produced and licensed content					$	34,791					$	36,593

Current portion					$	1,992					$	3,002
Non-current portion					$	32,799					$	33,591

Amortization of produced and licensed content is as follows:


	Quarter Ended				Nine Months Ended
	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
Produced content
Predominantly monetized individually	$	809	$	954	$	2,188	$	3,117
Predominantly monetized as a group	1,779		1,998		5,325		6,110
	2,588		2,952		7,513		9,227
Licensed programming rights and advances	3,609		3,136		11,565		10,871
Total produced and licensed content costs(1)	$	6,197	$	6,088	$	19,078	$	20,098

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