v3.26.1
SEGMENT INFORMATION - Schedule of Financial Information by Reportable Segment (Details) - USD ($)
$ in Millions
5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2025
Aug. 06, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues $ 12,269 $ 16,622 $ 29,213 $ 29,652
Theatrical        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 154 475 813 813
Advertising        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 3,803 5,329 10,295 9,989
Affiliate and subscription        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 5,429 8,242 13,153 13,018
Licensing and other        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 2,883 2,576 4,952 5,832
Operating Segments | Studios        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 2,798      
Operating Segments | Direct-to-Consumer        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 3,653 5,087 7,632 6,736
Operating Segments | TV Media        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 5,841 9,977 18,779 20,085
Operating Segments | Filmed Entertainment        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues   1,593 2,955 2,957
Operating Segments | Theatrical | Studios        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 154      
Operating Segments | Theatrical | Filmed Entertainment        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues   475 813 24
Operating Segments | Advertising | Studios        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 12      
Operating Segments | Advertising | Direct-to-Consumer        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 853 1,146 2,114 1,795
Operating Segments | Advertising | TV Media        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 2,943 4,180 8,180 8,188
Operating Segments | Advertising | Filmed Entertainment        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues   6 16 2,120
Operating Segments | Affiliate and subscription | Direct-to-Consumer        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 2,799 3,940 5,506 4,933
Operating Segments | Affiliate and subscription | TV Media        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 2,630 4,302 7,647 8,085
Operating Segments | Licensing and other | Studios        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 2,632      
Operating Segments | Licensing and other | Direct-to-Consumer        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues   1 12 8
Operating Segments | Licensing and other | TV Media        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 268 1,495 2,952 3,812
Operating Segments | Licensing and other | Filmed Entertainment        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues   1,112 2,126 813
Operating Segments | Licensing | Direct-to-Consumer        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues 1      
Corporate/Eliminations        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues (23) (35) (153) (126)
Corporate/Eliminations | Studios        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues (17)      
Corporate/Eliminations | Direct-to-Consumer        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues   0 0 (1)
Corporate/Eliminations | TV Media        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues $ (6) (20) (84) (63)
Corporate/Eliminations | Filmed Entertainment        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Total Revenues   $ (15) $ (69) $ (62)