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CONTENT RIGHTS (Tables) | 12 Months Ended
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Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
Schedule of Components of Content Rights | The table below presents the components of content rights (in millions).
| December 31, 2024
|  | Predominantly Monetized Individually |  | Predominantly Monetized as a Group |  | Total
Theatrical film production costs: |  |  |  |  |  |
Released, less amortization |  | $ | 1,478 |  |  | $ | — |  |  | $ | 1,478 |
Completed and not released |  | 480 |  |  | — |  |  | 480 |
In production and other |  | 1,308 |  |  | — |  |  | 1,308 |
Television production costs: |  |  |  |  |  |
Released, less amortization |  | 1,470 |  |  | 5,678 |  |  | 7,148 |
Completed and not released |  | 314 |  |  | 767 |  |  | 1,081 |
In production and other |  | 392 |  |  | 2,008 |  |  | 2,400 |
Total theatrical film and television production costs |  | $ | 5,442 |  |  | $ | 8,453 |  |  | $ | 13,895 |
Licensed content and advances, net |  |  |  |  |  | 4,369 |
Live programming and advances, net |  |  |  |  |  | 1,375 |
Game development costs, less amortization |  |  |  |  |  | 247 |
Total film and television content rights and games |  |  |  |  |  | 19,886 |
Less: Current content rights and prepaid license fees, net |  |  |  |  |  | (784) |
Total noncurrent film and television content rights and games |  |  |  |  |  | $ | 19,102 |
| December 31, 2023
|  | Predominantly Monetized Individually |  | Predominantly Monetized as a Group |  | Total
Theatrical film production costs: |  |  |  |  |  |
Released, less amortization |  | $ | 2,823 |  |  | $ | — |  |  | $ | 2,823 |
Completed and not released |  | 107 |  |  | — |  |  | 107 |
In production and other |  | 1,300 |  |  | — |  |  | 1,300 |
Television production costs: |  |  |  |  |  |
Released, less amortization |  | 1,471 |  |  | 5,317 |  |  | 6,788 |
Completed and not released |  | 380 |  |  | 606 |  |  | 986 |
In production and other |  | 417 |  |  | 2,624 |  |  | 3,041 |
Total theatrical film and television production costs |  | $ | 6,498 |  |  | $ | 8,547 |  |  | $ | 15,045 |
Licensed content and advances, net |  |  |  |  |  | 4,519 |
Live programming and advances, net |  |  |  |  |  | 1,943 |
Game development costs, less amortization |  |  |  |  |  | 565 |
Total film and television content rights and games |  |  |  |  |  | 22,072 |
Less: Current content rights and prepaid license fees, net |  |  |  |  |  | (843) |
Total noncurrent film and television content rights and games |  |  |  |  |  | $ | 21,229 |
Schedule of Content Amortization | Content amortization consisted of the following (in millions).
|  | Year Ended December 31,
|  | 2024 |  | 2023 |  | 2022
Predominantly monetized individually |  | $ | 3,999 |  |  | $ | 5,165 |  |  | $ | 5,175 |
Predominantly monetized as a group |  | 9,554 |  |  | 10,648 |  |  | 8,935 |
Total content amortization |  | $ | 13,553 |  |  | $ | 15,813 |  |  | $ | 14,110 |
Schedule of Expected Future Amortization Expense | The table below presents the expected future amortization expense of the Company’s film and television content rights, licensed content and advances, live programming rights and advances, and games as of December 31, 2024 (in millions).
|  | Year Ending December 31,
|  | 2025 |  | 2026 |  | 2027
Released investment in films and television content: |  |  |  |  |  |
Monetized individually |  | $ | 946 |  |  | $ | 547 |  |  | $ | 468 |
Monetized as a group |  | 2,312 |  |  | 1,284 |  |  | 804 |
Licensed content and advances |  | 1,394 |  |  | 812 |  |  | 603 |
Live programming and advances |  | 1,136 |  |  | 33 |  |  | 25 |
Games |  | 66 |  |  | 3 |  |  | — |
Completed and not released investment in films and television content: |  |  |  |  |  |
Monetized individually |  | $ | 647 |  |  |  |  |
Monetized as a group |  | 309 |  |  |  |  |

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