XML 83 R38.htm IDEA: XBRL DOCUMENT v3.24.3
Revenue Recognition (Tables)
12 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The Company’s revenue consists of the following categories, which aggregate into the segments – Recorded Music and Music Publishing:
Fiscal Year Ended September 30,
202420232022
(in millions)
Revenue by Type
Digital$3,519 $3,322 $3,305 
Physical519 507 563 
Total Digital and Physical4,038 3,829 3,868 
Artist services and expanded-rights684 744 767 
Licensing501 382 331 
Total Recorded Music5,223 4,955 4,966 
Performance198 173 159 
Digital763 669 563 
Mechanical58 63 50 
Synchronization175 167 172 
Other16 16 14 
Total Music Publishing1,210 1,088 958 
Intersegment eliminations(7)(6)(5)
Total Revenues$6,426 $6,037 $5,919 
Revenue by Geographical Location
U.S. Recorded Music$2,210 $2,184 $2,231 
U.S. Music Publishing660 582 513 
Total U.S.2,870 2,766 2,744 
International Recorded Music3,013 2,771 2,735 
International Music Publishing550 506 445 
Total International3,563 3,277 3,180 
Intersegment eliminations(7)(6)(5)
Total Revenues$6,426 $6,037 $5,919 
Schedule of Revenues Expected to be Recognized in Future Related to Performance Obligations Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at September 30, 2024 are as follows:
FY25
FY26
FY27
ThereafterTotal
(in millions)
Remaining performance obligations$445 $153 $$$604 
Total$445 $153 $$$604