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Revenue Recognition (Tables)

9 Months Ended

Jun. 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:

			Three Months Ended June 30,												Nine Months Ended June 30,
			2024						2023						2024						2023
			(in millions)
Revenue by Type
Digital			$	882					$	846					$	2,638					$	2,445
Physical			120						126						385						377
Total digital and physical			1,002						972						3,023						2,822
Artist services and expanded-rights			159						218						489						555
Licensing			90						92						373						287
Total Recorded Music			1,251						1,282						3,885						3,664
Performance			52						40						155						130
Digital			194						182						577						477
Mechanical			13						16						43						46
Synchronization			42						41						129						126
Other			4						4						11						11
Total Music Publishing			305						283						915						790
Intersegment eliminations			(2)						(1)						(4)						(3)
Total revenues			$	1,554					$	1,564					$	4,796					$	4,451
Revenue by geographical location
U.S. Recorded Music			$	517					$	557					$	1,652					$	1,618
U.S. Music Publishing			161						147						503						415
Total U.S.			678						704						2,155						2,033
International Recorded Music			734						725						2,233						2,046
International Music Publishing			144						136						412						375
Total international			878						861						2,645						2,421
Intersegment eliminations			(2)						(1)						(4)						(3)
Total revenues			$	1,554					$	1,564					$	4,796					$	4,451

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 June 30, 2024 are as follows:

			Rest of FY24						FY25						FY26						Thereafter						Total
			(in millions)
Remaining performance obligations			$	158					$	302					$	27					$	6					$	493
Total			$	158					$	302					$	27					$	6					$	493

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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- References

No definition available.

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X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-SubTopic 10
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-13

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