# ASC 720-926-05: Other Expenses — Entertainment—Films — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 720-926-05: 05 Overview and Background

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##### [720-926-05-1](https://asc.understandingaccounting.org/asc/720/926/#720-926-05-1)

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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](https://asc.understandingaccounting.org/glossary/m/#market "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.") a film. Those costs include participation and [exploitation costs](https://asc.understandingaccounting.org/glossary/e/#exploitation-costs "All direct costs (including marketing, advertising, publicity, promotion, and other distribution expenses) incurred in connection with the distribution of a film.").