{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/405/920/#55-implementation-guidance-and-illustrations","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":"55","label":"55 Implementation Guidance and Illustrations","anchor":"55-implementation-guidance-and-illustrations","is_sec":false,"groups":[{"block":null,"heading":"License Agreement for Program Material","paragraphs":[{"citation":"405-920-55-1","para":"55-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">See Example 1 (paragraphs <div class=\"xref-range displayInline\"><a href=\"/asc/350/920/#350-920-55-1\" class=\"xref\">920-350-55-1 through 55-7</a></div>) for an Example illustrating the accounting for a <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> for television program material in accordance with this Topic.</div> </div>","snippet":"See Example 1 (paragraphs 920-350-55-1 through 55-7) for an Example illustrating the accounting for a license agreement for television program material in accordance with this Topic.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:21a9b3748dc97881c4dca37bf44cd0dc27340d55266c359ff7cf77301378c8b9","downloaded_from":"2026-09-10T00:16:57.671Z","last_downloaded_at":"2026-09-10T00:16:57.671Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477444","source_sha256":"6f31e3944185f123c1078fd8dabea59cb53357f53c906f2f0a0f2dd301747089"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fa129da940f571b646282ffad17b52b6533f493b8ca8d6cbc2cce88c78ce05b8","downloaded_from":"2026-09-10T00:16:57.671Z","last_downloaded_at":"2026-09-10T00:16:57.671Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477444","source_sha256":"6f31e3944185f123c1078fd8dabea59cb53357f53c906f2f0a0f2dd301747089"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0bac087fa65008cd6000cdb3974b991887b512d73653a436ab94e1690e4bcd27","downloaded_from":"2026-09-10T00:16:57.671Z","last_downloaded_at":"2026-09-10T00:16:57.671Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477444","source_sha256":"6f31e3944185f123c1078fd8dabea59cb53357f53c906f2f0a0f2dd301747089"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0bac087fa65008cd6000cdb3974b991887b512d73653a436ab94e1690e4bcd27","downloaded_from":"2026-09-10T00:16:57.671Z","last_downloaded_at":"2026-09-10T00:16:57.671Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477444","source_sha256":"6f31e3944185f123c1078fd8dabea59cb53357f53c906f2f0a0f2dd301747089"}}