{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/720/926/#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":"720","topic_title":"Other Expenses","subtopic":"720-926","subtopic_title":"Entertainment—Films","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"720-926-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic addresses the accounting by entities in the film production and distribution industry for certain compensation and other costs incurred to develop and <a href=\"/glossary/m/#market\" class=\"term\" title=\"A distribution channel within a certain territory. Examples of markets include theatrical exhibition, home video, pay television, free television, and the licensing of film-related products.\"><span>market</span></a> a film.<span class=\"sfragment\" id=\"sfr_E31FA5A4-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"> Those costs include participation and <a href=\"/glossary/e/#exploitation-costs\" class=\"term\" title=\"All direct costs (including marketing, advertising, publicity, promotion, and other distribution expenses) incurred in connection with the distribution of a film.\"><span>exploitation costs</span></a>. </span></span></div></div>","snippet":"This Subtopic addresses the accounting by entities in the film production and distribution industry for certain compensation and other costs incurred to develop and market a film. Those costs include participation and ex…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a5821699a3d0f8d5b13dcd0f99d97c3e153fc6f3d6c9064bbaf53e078f91e41c","downloaded_from":"2026-09-10T01:10:05.518Z","last_downloaded_at":"2026-09-10T01:10:05.518Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479119","source_sha256":"d0555b92c41c426dedb4c70c920b96f7c2ee39c398d50b1b3e9e31731da220d5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a35aa05546d911ef5a581c13b8004ed63efe48e8413b042b35174208f07e030c","downloaded_from":"2026-09-10T01:10:05.518Z","last_downloaded_at":"2026-09-10T01:10:05.518Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479119","source_sha256":"d0555b92c41c426dedb4c70c920b96f7c2ee39c398d50b1b3e9e31731da220d5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aef8380efb8ec225d56c869ed9a970cdfdba9c45f7c06a2e07f1747bd1ff3712","downloaded_from":"2026-09-10T01:10:05.518Z","last_downloaded_at":"2026-09-10T01:10:05.518Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479119","source_sha256":"d0555b92c41c426dedb4c70c920b96f7c2ee39c398d50b1b3e9e31731da220d5"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aef8380efb8ec225d56c869ed9a970cdfdba9c45f7c06a2e07f1747bd1ff3712","downloaded_from":"2026-09-10T01:10:05.518Z","last_downloaded_at":"2026-09-10T01:10:05.518Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479119","source_sha256":"d0555b92c41c426dedb4c70c920b96f7c2ee39c398d50b1b3e9e31731da220d5"}}