Produced and Acquired/Licensed Content Costs and Advances

3 Months Ended

Dec. 28, 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 December 28, 2024						As of September 28, 2024
	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total		Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Produced content
Released, less amortization	$	4,845	$	13,950	$	18,795	$	4,568	$	13,621	$	18,189
Completed, not released	89		2,117		2,206		16		2,265		2,281
In-process	4,384		3,653		8,037		4,352		4,067		8,419
In development or pre-production	282		92		374		196		73		269
	$	9,600	$	19,812	29,412		$	9,132	$	20,026	29,158






Licensed content - Television programming rights and advances					4,250						5,251
Total produced and licensed content					$	33,662					$	34,409

Current portion					$	1,157					$	2,097
Non-current portion					$	32,505					$	32,312

Amortization of produced and licensed content is as follows:


	Quarter Ended
	December 28, 2024		December 30, 2023
Produced content
Predominantly monetized individually	$	696	$	768
Predominantly monetized as a group	1,813		1,794
	2,509		2,562
Licensed programming rights and advances	4,097		4,590
Total produced and licensed content costs(1)	$	6,606	$	7,152

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