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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Goodwill for Each Reportable Segment | The following analysis details the changes in goodwill for each reportable segment:
| Recorded Music |  | Music Publishing |  | Total
| (in millions)
Balances at September 30, 2021 | $ | 1,366 |  |  | $ | 464 |  |  | $ | 1,830 |
Acquisitions | 160 |  |  | — |  |  | 160 |
Other adjustments | (70) |  |  | — |  |  | (70) |
Balances at September 30, 2022 | $ | 1,456 |  |  | $ | 464 |  |  | $ | 1,920 |
Acquisitions | 51 |  |  | — |  |  | 51 |
Other adjustments | 22 |  |  | — |  |  | 22 |
Balances at September 30, 2023 | $ | 1,529 |  |  | $ | 464 |  |  | $ | 1,993 |
Schedule of Indefinite-Lived Intangible Assets | Intangible assets consist of the following:
| Weighted-Average Useful Life |  | September 30, 2023 |  | September 30, 2022
|  |  | (in millions)
Intangible assets subject to amortization: |  |  |  |  |
Recorded music catalog | 12 years |  | $ | 1,507 |  |  | $ | 1,316 |
Music publishing copyrights | 25 years |  | 2,026 |  |  | 1,889 |
Artist and songwriter contracts | 13 years |  | 1,091 |  |  | 1,014 |
Trademarks | 14 years |  | 111 |  |  | 103 |
Other intangible assets | 6 years |  | 104 |  |  | 89 |
Total gross intangible assets subject to amortization |  |  | 4,839 |  |  | 4,411 |
Accumulated amortization |  |  | (2,486) |  |  | (2,172) |
Total net intangible assets subject to amortization |  |  | 2,353 |  |  | 2,239 |
Intangible assets not subject to amortization: |  |  |  |  |
Trademarks and tradenames | Indefinite |  | 149 |  |  | 145 |
Total net intangible assets |  |  | $ | 2,502 |  |  | $ | 2,384 |
Schedule of Finite-Lived Intangible Assets | Intangible assets consist of the following:
| Weighted-Average Useful Life |  | September 30, 2023 |  | September 30, 2022
|  |  | (in millions)
Intangible assets subject to amortization: |  |  |  |  |
Recorded music catalog | 12 years |  | $ | 1,507 |  |  | $ | 1,316 |
Music publishing copyrights | 25 years |  | 2,026 |  |  | 1,889 |
Artist and songwriter contracts | 13 years |  | 1,091 |  |  | 1,014 |
Trademarks | 14 years |  | 111 |  |  | 103 |
Other intangible assets | 6 years |  | 104 |  |  | 89 |
Total gross intangible assets subject to amortization |  |  | 4,839 |  |  | 4,411 |
Accumulated amortization |  |  | (2,486) |  |  | (2,172) |
Total net intangible assets subject to amortization |  |  | 2,353 |  |  | 2,239 |
Intangible assets not subject to amortization: |  |  |  |  |
Trademarks and tradenames | Indefinite |  | 149 |  |  | 145 |
Total net intangible assets |  |  | $ | 2,502 |  |  | $ | 2,384 |
Schedule of Expected Amortization of Intangible Assets | Based on the amount of intangible assets subject to amortization at September 30, 2023, the expected amortization for each of the next five fiscal years and thereafter are as follows:
Fiscal Year Ended September 30, |  | Amortization Expense
|  | (in millions)
2024 |  | $ | 232 |
2025 |  | 223 |
2026 |  | 206 |
2027 |  | 179 |
2028 |  | 158 |
Thereafter |  | 1,355 |
Total |  | $ | 2,353 |

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