{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/440/920/#50-disclosure","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":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":"License Agreements for Program Material Where Criteria for Recognition Has Not Been Met","paragraphs":[{"citation":"440-920-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_DB9CF908-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"><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> shall disclose commitments 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 were not reported because they do not meet the conditions for recording a liability as specified in paragraph <a href=\"/asc/350/920/#350-920-25-2\" class=\"xref\">920-350-25-2</a>. </span></span></div></div>","snippet":"Broadcasters shall disclose commitments for license agreements that have been executed but were not reported because they do not meet the conditions for recording a liability as specified in paragraph 920-350-25-2.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7d0124ed3d14fce82aeb340f1aed22dfb0a66f4fbe03e077467ae3b632b38f00","downloaded_from":"2026-09-10T00:25:47.818Z","last_downloaded_at":"2026-09-10T00:25:47.818Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477952","source_sha256":"e734c16dec2ed0174f7de3f746f0d2efb8d0d18c178b2733e72211c6f49f757b"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:089ac9c5483a3a094bacee614df984b0d12b16b092eca6b182eefbd9d534601b","downloaded_from":"2026-09-10T00:25:47.818Z","last_downloaded_at":"2026-09-10T00:25:47.818Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477952","source_sha256":"e734c16dec2ed0174f7de3f746f0d2efb8d0d18c178b2733e72211c6f49f757b"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fb2531244be6118c902ba1cc9b14cfc50385534f51fa26798d0661ddd31f402b","downloaded_from":"2026-09-10T00:25:47.818Z","last_downloaded_at":"2026-09-10T00:25:47.818Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477952","source_sha256":"e734c16dec2ed0174f7de3f746f0d2efb8d0d18c178b2733e72211c6f49f757b"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fb2531244be6118c902ba1cc9b14cfc50385534f51fa26798d0661ddd31f402b","downloaded_from":"2026-09-10T00:25:47.818Z","last_downloaded_at":"2026-09-10T00:25:47.818Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477952","source_sha256":"e734c16dec2ed0174f7de3f746f0d2efb8d0d18c178b2733e72211c6f49f757b"}}