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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Sep. 30, 2024
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, 2022 | $ | 1,456 |  |  | $ | 464 |  |  | $ | 1,920 |
Acquisitions | 51 |  |  | — |  |  | 51 |
Other adjustments | 22 |  |  | — |  |  | 22 |
Balances at September 30, 2023 | $ | 1,529 |  |  | $ | 464 |  |  | $ | 1,993 |
Acquisitions | 5 |  |  | — |  |  | 5 |
Other adjustments | 23 |  |  | — |  |  | 23 |
Balances at September 30, 2024 | $ | 1,557 |  |  | $ | 464 |  |  | $ | 2,021 |
Schedule of Indefinite-Lived Intangible Assets | Intangible assets consist of the following:
| Weighted-Average Useful Life |  | September 30, 2024 |  | September 30, 2023
|  |  | (in millions)
Intangible assets subject to amortization: |  |  |  |  |
Recorded music catalog | 12 years |  | $ | 1,616 |  |  | $ | 1,507 |
Music publishing copyrights | 24 years |  | 2,227 |  |  | 2,026 |
Artist and songwriter contracts | 13 years |  | 1,125 |  |  | 1,091 |
Trademarks | 18 years |  | 69 |  |  | 111 |
Other intangible assets | 7 years |  | 69 |  |  | 104 |
Total gross intangible assets subject to amortization |  |  | 5,106 |  |  | 4,839 |
Accumulated amortization |  |  | (2,747) |  |  | (2,486) |
Total net intangible assets subject to amortization |  |  | 2,359 |  |  | 2,353 |
Intangible assets not subject to amortization: |  |  |  |  |
Trademarks and tradenames | Indefinite |  | 152 |  |  | 149 |
Total net intangible assets |  |  | $ | 2,511 |  |  | $ | 2,502 |
Schedule of Finite-Lived Intangible Assets | Intangible assets consist of the following:
| Weighted-Average Useful Life |  | September 30, 2024 |  | September 30, 2023
|  |  | (in millions)
Intangible assets subject to amortization: |  |  |  |  |
Recorded music catalog | 12 years |  | $ | 1,616 |  |  | $ | 1,507 |
Music publishing copyrights | 24 years |  | 2,227 |  |  | 2,026 |
Artist and songwriter contracts | 13 years |  | 1,125 |  |  | 1,091 |
Trademarks | 18 years |  | 69 |  |  | 111 |
Other intangible assets | 7 years |  | 69 |  |  | 104 |
Total gross intangible assets subject to amortization |  |  | 5,106 |  |  | 4,839 |
Accumulated amortization |  |  | (2,747) |  |  | (2,486) |
Total net intangible assets subject to amortization |  |  | 2,359 |  |  | 2,353 |
Intangible assets not subject to amortization: |  |  |  |  |
Trademarks and tradenames | Indefinite |  | 152 |  |  | 149 |
Total net intangible assets |  |  | $ | 2,511 |  |  | $ | 2,502 |
Schedule of Expected Amortization of Intangible Assets | Based on the amount of intangible assets subject to amortization at September 30, 2024, 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)
2025 |  | $ | 246 |
2026 |  | 230 |
2027 |  | 200 |
2028 |  | 170 |
2029 |  | 165 |
Thereafter |  | 1,348 |
Total |  | $ | 2,359 |

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