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Revenue Recognition (Tables)

3 Months Ended

Dec. 31, 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 December 31,
			2024						2023
			(in millions)
Revenue by Type
Digital			$	873					$	908
Physical			166						154
Total digital and physical			1,039						1,062
Artist services and expanded-rights			196						204
Licensing			110						179
Total Recorded Music			1,345						1,445
Performance			56						51
Digital			207						196
Mechanical			14						15
Synchronization			39						39
Other			7						3
Total Music Publishing			323						304
Intersegment eliminations			(2)						(1)
Total revenues			$	1,666					$	1,748
Revenue by geographical location
U.S. Recorded Music			$	532					$	627
U.S. Music Publishing			173						172
Total U.S.			705						799
International Recorded Music			813						818
International Music Publishing			150						132
Total international			963						950
Intersegment eliminations			(2)						(1)
Total revenues			$	1,666					$	1,748

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 December 31, 2024 are as follows:

			Rest of FY25						FY26						FY27						Thereafter						Total
			(in millions)
Remaining performance obligations			$	329					$	153					$	5					$	1					$	488
Total			$	329					$	153					$	5					$	1					$	488

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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