{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/440/920/#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":"440","topic_title":"Commitments","subtopic":"440-920","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":"440-920-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic presents the required disclosures 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 <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> that have been executed but that do not meet the conditions for recording a liability in the financial statements.</div></div>","snippet":"This Subtopic presents the required disclosures by broadcasters for license agreements that have been executed but that do not meet the conditions for recording a liability in the financial statements.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c020baf80c910c4c7ca41556afb4ab35ed36091d674a04bae8d6503af97907f1","downloaded_from":"2026-09-10T00:25:39.571Z","last_downloaded_at":"2026-09-10T00:25:39.571Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477758","source_sha256":"b64cd9d1410d13a9cbdc540ea47a260b21ec29496b84e52abbc9e2084e080379"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:44a7526a3dea7328eb2d1b1dc8d001171b29a03d7b8b720f16b650eaff17cd7b","downloaded_from":"2026-09-10T00:25:39.571Z","last_downloaded_at":"2026-09-10T00:25:39.571Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477758","source_sha256":"b64cd9d1410d13a9cbdc540ea47a260b21ec29496b84e52abbc9e2084e080379"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:015fb0dd801c3b5a39767f4fc0fc6ddc6b43bc7b055e133f8eb64d7dcdc25fb6","downloaded_from":"2026-09-10T00:25:39.571Z","last_downloaded_at":"2026-09-10T00:25:39.571Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477758","source_sha256":"b64cd9d1410d13a9cbdc540ea47a260b21ec29496b84e52abbc9e2084e080379"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:015fb0dd801c3b5a39767f4fc0fc6ddc6b43bc7b055e133f8eb64d7dcdc25fb6","downloaded_from":"2026-09-10T00:25:39.571Z","last_downloaded_at":"2026-09-10T00:25:39.571Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477758","source_sha256":"b64cd9d1410d13a9cbdc540ea47a260b21ec29496b84e52abbc9e2084e080379"}}