v3.25.2
Programming and Production Costs
6 Months Ended
Jun. 30, 2025
Other Industries [Abstract]  
Programming and Production Costs Programming and Production Costs
Three Months Ended
June 30,
Six Months Ended
June 30,
(in millions)2025202420252024
Video distribution programming$2,511 $2,879 $5,170 $5,899 
Film and television content:
Owned(a)
2,230 2,215 4,887 4,776
   Licensed, including sports rights2,474 2,570 5,279 5,494
Other361 298 656 615
Total programming and production costs$7,576 $7,961 $15,991 $16,784 
(a) Amount includes amortization of owned content of $1.8 billion and $4.0 billion for the three and six months ended June 30, 2025, respectively, and $1.8 billion and $4.0 billion for the three and six months ended June 30, 2024, respectively, as well as participations and residuals expenses.
Capitalized Film and Television Costs
(in millions)June 30,
2025
December 31,
2024
Owned:
In production and in development$3,041 $3,342 
Completed, not released609 209 
Released, less amortization4,073 4,545 
7,723 8,095 
Licensed, including sports advances4,917 4,446 
Film and television costs$12,640 $12,541