Produced and Acquired/Licensed Content Costs and Advances

3 Months Ended

Dec. 30, 2023

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 30, 2023						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	$	4,911	$	13,725	$	18,636	$	4,968	$	13,555	$	18,523
Completed, not released	—		1,713		1,713		70		1,786		1,856
In-process	3,157		5,394		8,551		3,331		6,120		9,451
In development or pre-production	262		132		394		279		133		412
	$	8,330	$	20,964	29,294		$	8,648	$	21,594	30,242






Licensed content - Television programming rights and advances					4,840						6,351
Total produced and licensed content					$	34,134					$	36,593

Current portion					$	1,409					$	3,002
Non-current portion					$	32,725					$	33,591

Amortization of produced and licensed content is as follows:


	Quarter Ended
	December 30, 2023		December 31, 2022
Produced content
Predominantly monetized individually	$	768	$	1,157
Predominantly monetized as a group	1,794		2,160
	2,562		3,317
Licensed programming rights and advances	4,590		4,539
Total produced and licensed content costs(1)	$	7,152	$	7,856

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