# ASC 350-920-45: Intangibles—Goodwill and Other — Entertainment—Broadcasters — 45 Other Presentation Matters

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/350/920/#45-other-presentation-matters)

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): 2026-09-10T00:04:04.809Z to 2026-09-10T00:04:04.809Z

Record version: sha256:254ed49ad89b1040733569df530a50297f76b66669df159d04d4b4f6f4fe900c

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 350-920-45: 45 Other Presentation Matters

[Read section](https://asc.understandingaccounting.org/asc/350/920/#45-other-presentation-matters)

SEC content: no

#### License Agreements for Program Material

##### [350-920-45-1](https://asc.understandingaccounting.org/asc/350/920/#350-920-45-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:04:04.809Z to 2026-09-10T00:04:04.809Z

Record version: sha256:57e5b7c0bbc69cdaabe23f2f8f58bb69fad3900425522523fcf6879e9ee6d335

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


The asset recorded for the rights acquired under a [license agreement](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 shall be presented separately from [films](https://asc.understandingaccounting.org/glossary/f/#films "Feature films, television specials, television series, or similar products (including animated films and television programming) that are sold, licensed, or exhibited, whether produced on film, video tape, digital, or other video recording format.") that are accounted for under Subtopic 926-20 either on the balance sheet or in the notes to financial statements.

#### Network Affiliation Agreements

##### [350-920-45-2](https://asc.understandingaccounting.org/asc/350/920/#350-920-45-2)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:04:04.809Z to 2026-09-10T00:04:04.809Z

Record version: sha256:34511767cdd5ddcab41cd40b2bca37677fea153beae3b4169142f493cc44b6bb

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


[Network affiliation agreements](https://asc.understandingaccounting.org/glossary/n/#network-affiliation-agreement "A broadcaster may be affiliated with a network under a network affiliation agreement. Under the agreement, the station receives compensation for the network programming that it carries based on a formula designed to compensate the station for advertising sold on a network basis and included in network programming. Program costs, a major expense of television stations, are generally lower for a network affiliate than for an independent station because an affiliate does not incur program costs for network programs.") and other such items ordinarily are presented in the balance sheet of a [broadcaster](https://asc.understandingaccounting.org/glossary/b/#broadcaster "An entity or an affiliated group of entities that transmits radio or television program material.") as intangible assets.