XML 49 R30.htm IDEA: XBRL DOCUMENT
v3.25.1

Revenue Recognition (Tables) | 6 Months Ended
--- | ---
Mar. 31, 2025
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 March 31, |  | Six Months Ended March 31,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (in millions)
Revenue by Type |  |  |  |  |  |  |
Digital | $ | 841 |  |  | $ | 848 |  |  | $ | 1,714 |  |  | $ | 1,756 |
Physical | 112 |  |  | 111 |  |  | 278 |  |  | 265 |
Total digital and physical | 953 |  |  | 959 |  |  | 1,992 |  |  | 2,021 |
Artist services and expanded-rights | 117 |  |  | 126 |  |  | 313 |  |  | 330 |
Licensing | 105 |  |  | 104 |  |  | 215 |  |  | 283 |
Total Recorded Music | 1,175 |  |  | 1,189 |  |  | 2,520 |  |  | 2,634 |
Performance | 53 |  |  | 52 |  |  | 109 |  |  | 103 |
Digital | 188 |  |  | 187 |  |  | 395 |  |  | 383 |
Mechanical | 16 |  |  | 15 |  |  | 30 |  |  | 30 |
Synchronization | 49 |  |  | 48 |  |  | 88 |  |  | 87 |
Other | 4 |  |  | 4 |  |  | 11 |  |  | 7 |
Total Music Publishing | 310 |  |  | 306 |  |  | 633 |  |  | 610 |
Intersegment eliminations | (1) |  |  | (1) |  |  | (3) |  |  | (2) |
Total revenues | $ | 1,484 |  |  | $ | 1,494 |  |  | $ | 3,150 |  |  | $ | 3,242 |
Revenue by geographical location |  |  |  |  |  |  |
U.S. Recorded Music | $ | 497 |  |  | $ | 508 |  |  | $ | 1,029 |  |  | $ | 1,135 |
U.S. Music Publishing | 161 |  |  | 170 |  |  | 334 |  |  | 342 |
Total U.S. | 658 |  |  | 678 |  |  | 1,363 |  |  | 1,477 |
International Recorded Music | 678 |  |  | 681 |  |  | 1,491 |  |  | 1,499 |
International Music Publishing | 149 |  |  | 136 |  |  | 299 |  |  | 268 |
Total international | 827 |  |  | 817 |  |  | 1,790 |  |  | 1,767 |
Intersegment eliminations | (1) |  |  | (1) |  |  | (3) |  |  | (2) |
Total revenues | $ | 1,484 |  |  | $ | 1,494 |  |  | $ | 3,150 |  |  | $ | 3,242 |
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 March 31, 2025 are as follows:
| Rest of FY25 |  | FY26 |  | FY27 |  | Thereafter |  | Total
| (in millions)
Remaining performance obligations | $ | 814 |  |  | $ | 542 |  |  | $ | 91 |  |  | $ | 44 |  |  | $ | 1,491 |
Total | $ | 814 |  |  | $ | 542 |  |  | $ | 91 |  |  | $ | 44 |  |  | $ | 1,491 |

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 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration