# ASC 350-920-35: Intangibles—Goodwill and Other — Entertainment—Broadcasters — 35 Subsequent Measurement Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/350/920/#35-subsequent-measurement) 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. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-10T00:04:01.297Z to 2026-09-10T00:04:01.297Z Record version: sha256:957929ed1f088e5aba572115f9e2cb49af063eadaf0c85c7daa8fa5fd4c32d0c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 350-920-35: 35 Subsequent Measurement [Read section](https://asc.understandingaccounting.org/asc/350/920/#35-subsequent-measurement) SEC content: no #### License Agreements for Program Material—Amortization ##### [350-920-35-1](https://asc.understandingaccounting.org/asc/350/920/#350-920-35-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:04:01.297Z to 2026-09-10T00:04:01.297Z Record version: sha256:f88a380cc73c886578c1d1782e053ad87f26b84cba398e4474d3c8218343de05 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The capitalized costs of [license agreements](https://asc.understandingaccounting.org/glossary/l/#license-agreement "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.") for program material, including license agreements in a [film group](https://asc.understandingaccounting.org/glossary/f/#film-group "The unit of account used for impairment testing for a film or a license agreement for program material when the film or license agreement is expected to be predominantly monetized with other films and/or license agreements instead of being predominantly monetized on its own. A film group represents the lowest level for which identifiable cash flows are largely independent of the cash flows of other films and/or license agreements."), shall be amortized based on the estimated number of future showings, except that licenses providing for unlimited showings of cartoons and programs with similar characteristics may be amortized over the period of the agreement because the estimated number of future showings may not be determinable. ##### [350-920-35-2](https://asc.understandingaccounting.org/asc/350/920/#350-920-35-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:04:01.297Z to 2026-09-10T00:04:01.297Z Record version: sha256:8152fef5ff5ce8c6017c7de3d74fbe7b99e782473a1f5bd23411c8a6af906cff Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Feature programs shall be amortized on a program-by-program basis; however, amortization as a package may be appropriate if it approximates the amortization that would have been provided on a program-by-program basis. Program series and other syndicated products shall be amortized as a series. If the first showing is more valuable to a station than reruns, an accelerated method of amortization shall be used. However, the straight-line amortization method may be used if each showing is expected to generate similar revenues. #### License Agreements for Program Material—Valuation ##### [350-920-35-2A](https://asc.understandingaccounting.org/asc/350/920/#350-920-35-2A) Pending content: no Source downloaded (UTC): 2026-09-10T00:04:01.297Z to 2026-09-10T00:04:01.297Z Record version: sha256:0aa9db26403c8a7609a78effb34a21886e3889afe0e76cb7ce37f6d04a6f8cb7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If a license agreement within the scope of this Subtopic is part of a film group (see paragraphs [926-20-35-3B through 35-3C](https://asc.understandingaccounting.org/asc/926/20/#926-20-35-3B) ), it shall be reviewed for impairment in accordance with paragraphs [926-20-35-12](https://asc.understandingaccounting.org/asc/926/20/#926-20-35-12) and [926-20-35-12B](https://asc.understandingaccounting.org/asc/926/20/#926-20-35-12B). If the license agreement is not part of a film group, it shall be reviewed for impairment in accordance with paragraph [920-350-35-3](https://asc.understandingaccounting.org/asc/350/920/#350-920-35-3). ##### [350-920-35-3](https://asc.understandingaccounting.org/asc/350/920/#350-920-35-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:04:01.297Z to 2026-09-10T00:04:01.297Z Record version: sha256:8f64d15b27f5124c88d6ad61eb86acdf3356ef0a62b94eb1765665f1b658d32b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If management's expectations of the programming usefulness of a program, series, package, or [daypart](https://asc.understandingaccounting.org/glossary/d/#daypart "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.") are revised downward, it may be necessary to write off to the income statement the amount by which the unamortized capitalized costs exceed fair value. A writeoff from unamortized cost to fair value establishes a new cost basis.