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Goodwill and Intangible Assets (Tables)
3 Months Ended
Dec. 31, 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, 2024$1,557 $464 $2,021 
Acquisitions21 — 21 
Other adjustments (a)(29)— (29)
Balances at December 31, 2024$1,549 $464 $2,013 
______________________________________
(a)Other adjustments during the three months ended December 31, 2024 represent foreign currency movements.
Schedule of Indefinite Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeDecember 31,
2024
September 30,
2024
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,603 $1,616 
Music publishing copyrights24 years2,182 2,227 
Artist and songwriter contracts13 years1,099 1,125 
Trademarks17 years73 69 
Other intangible assets5 years86 69 
Total gross intangible assets subject to amortization5,043 5,106 
Accumulated amortization(2,714)(2,747)
Total net intangible assets subject to amortization2,329 2,359 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite149 152 
Total net intangible assets$2,478 $2,511 
Schedule of Finite-Lived Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeDecember 31,
2024
September 30,
2024
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,603 $1,616 
Music publishing copyrights24 years2,182 2,227 
Artist and songwriter contracts13 years1,099 1,125 
Trademarks17 years73 69 
Other intangible assets5 years86 69 
Total gross intangible assets subject to amortization5,043 5,106 
Accumulated amortization(2,714)(2,747)
Total net intangible assets subject to amortization2,329 2,359 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite149 152 
Total net intangible assets$2,478 $2,511