program material (film) rights

Industry1

1. 920-10Overall920 Entertainment—Broadcasters

   ASC 920-10 is the Overall subtopic of the Entertainment—Broadcasters Topic, which sets out industry-specific financial accounting and reporting standards for broadcasters. It is incremental guidance only: broadcasters must also apply all other applicable GAAP (920-10-15-1). The Topic covers all entities considered broadcasters and all their transactions, including network affiliation agreements, but excludes broadcasters that own the film (program material) they show, which instead follow ASC 926 (920-10-15-2, 15-3).