{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/405/920/#05-overview-and-background","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":"405","topic_title":"Liabilities","subtopic":"405-920","subtopic_title":"Entertainment—Broadcasters","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"405-920-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic addresses the accounting and reporting by <a href=\"/glossary/b/#broadcaster\" class=\"term\" title=\"An entity or an affiliated group of entities that transmits radio or television program material.\"><span>broadcasters</span></a> for obligations incurred under 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 agreements</span></a>.</div></div>","snippet":"This Subtopic addresses the accounting and reporting by broadcasters for obligations incurred under broadcast license agreements.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:611480c3bf59e4e5a6e3a0a0933638cf6b9e8bc424d697bea1ada936715fd8f6","downloaded_from":"2026-09-10T00:16:42.776Z","last_downloaded_at":"2026-09-10T00:16:42.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479007","source_sha256":"2a9231650219f653e9b8d5a792881aa564483bdbc7aac082455d06db65e168d7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:78f4894cb16275f838a107d25b22834763bb79f6f7d2833c731458d672e34576","downloaded_from":"2026-09-10T00:16:42.776Z","last_downloaded_at":"2026-09-10T00:16:42.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479007","source_sha256":"2a9231650219f653e9b8d5a792881aa564483bdbc7aac082455d06db65e168d7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:be27ea764cf8505d21dcb379bd32d3cec59355428720760f5efc60ea114219e3","downloaded_from":"2026-09-10T00:16:42.776Z","last_downloaded_at":"2026-09-10T00:16:42.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479007","source_sha256":"2a9231650219f653e9b8d5a792881aa564483bdbc7aac082455d06db65e168d7"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:be27ea764cf8505d21dcb379bd32d3cec59355428720760f5efc60ea114219e3","downloaded_from":"2026-09-10T00:16:42.776Z","last_downloaded_at":"2026-09-10T00:16:42.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479007","source_sha256":"2a9231650219f653e9b8d5a792881aa564483bdbc7aac082455d06db65e168d7"}}