{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/350/920/#30-initial-measurement","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"350","topic_title":"Intangibles—Goodwill and Other","subtopic":"350-920","subtopic_title":"Entertainment—Broadcasters","section":{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":"License Agreements for Program Material","paragraphs":[{"citation":"350-920-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">Paragraph <a href=\"/asc/405/920/#405-920-30-1\" class=\"xref\">920-405-30-1</a> presents the alternative methods under which a <a href=\"/glossary/b/#broadcaster\" class=\"term\" title=\"An entity or an affiliated group of entities that transmits radio or television program material.\"><span>broadcaster</span></a> shall report the amount of the asset and liability for a broadcast <a href=\"/glossary/l/#license-agreement\" class=\"term\" title=\"A typical license agreement for program material (for example, features, specials, series, or cartoons) covers several programs (a package) and grants a television station, group of stations, network, pay television, or cable television system (licensee) the right to broadcast either a specified number or an unlimited number of showings over a maximum period of time (license period) for a specified fee.\"><span>license agreement</span></a>.</div> </div>","snippet":"Paragraph 920-405-30-1 presents the alternative methods under which a broadcaster shall report the amount of the asset and liability for a broadcast license agreement.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8c49fbb590d2ecdd905b73da2a8b9d89437061a9b0c713bc54aa4daf07c4c062","downloaded_from":"2026-09-10T00:03:59.422Z","last_downloaded_at":"2026-09-10T00:03:59.422Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478475","source_sha256":"815d0e6525bd66807d59fb0756fafda036618b30ec90556cf95684af828fb4e1"}},{"citation":"350-920-30-2","para":"30-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_DADC7F1C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The capitalized costs to be amortized shall be determined under one of the methods specified in paragraph <a href=\"/asc/405/920/#405-920-30-1\" class=\"xref\">920-405-30-1</a>. Those costs shall be allocated to individual programs within a package on the basis of the relative value of each to the broadcaster, which ordinarily would be specified in the contract. </span></span> </div> </div>","snippet":"The capitalized costs to be amortized shall be determined under one of the methods specified in paragraph 920-405-30-1. Those costs shall be allocated to individual programs within a package on the basis of the relative …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:daea43fe51106a3f9cef0f6d99589b3d8046082a61b5a0c52e29f986194db62c","downloaded_from":"2026-09-10T00:03:59.422Z","last_downloaded_at":"2026-09-10T00:03:59.422Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478475","source_sha256":"815d0e6525bd66807d59fb0756fafda036618b30ec90556cf95684af828fb4e1"}},{"citation":"350-920-30-3","para":"30-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_DADC8130-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The capitalized costs of rights to program materials shall be reported in the balance sheet at the lower of unamortized cost or </span></span> <span class=\"sfragment\" id=\"sfr_DADC81EB-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">fair value </span></span> <span class=\"sfragment\" id=\"sfr_DADC82A8-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">on a program-by-program, series, package, or <a href=\"/glossary/d/#daypart\" class=\"term\" title=\"An aggregation of programs broadcast during a particular time of day (for example, daytime, evening, late night) or programs of a similar type (for example, sports, news, children's shows). Broadcasters generally sell access to viewing audiences to advertisers on a daypart basis.\"><span>daypart</span></a> basis, as appropriate.</span></span> </div> </div>","snippet":"The capitalized costs of rights to program materials shall be reported in the balance sheet at the lower of unamortized cost or fair value on a program-by-program, series, package, or daypart basis, as appropriate.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:98c9506c17edd3cb735d14bcdfec287fd12782f50a5c9f90a816320875105cd2","downloaded_from":"2026-09-10T00:03:59.422Z","last_downloaded_at":"2026-09-10T00:03:59.422Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478475","source_sha256":"815d0e6525bd66807d59fb0756fafda036618b30ec90556cf95684af828fb4e1"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3bee4d86d4abb997fa21bd42fcbc40b702f3160bbc5cad686bf8429209f11d3f","downloaded_from":"2026-09-10T00:03:59.422Z","last_downloaded_at":"2026-09-10T00:03:59.422Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478475","source_sha256":"815d0e6525bd66807d59fb0756fafda036618b30ec90556cf95684af828fb4e1"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:11c5617c7baf62ece5ae05054326a978a8e4715df94d6debeff36f7f587f1cee","downloaded_from":"2026-09-10T00:03:59.422Z","last_downloaded_at":"2026-09-10T00:03:59.422Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478475","source_sha256":"815d0e6525bd66807d59fb0756fafda036618b30ec90556cf95684af828fb4e1"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:11c5617c7baf62ece5ae05054326a978a8e4715df94d6debeff36f7f587f1cee","downloaded_from":"2026-09-10T00:03:59.422Z","last_downloaded_at":"2026-09-10T00:03:59.422Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478475","source_sha256":"815d0e6525bd66807d59fb0756fafda036618b30ec90556cf95684af828fb4e1"}}