v3.26.1
Goodwill and Intangible Assets (Tables)
9 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in Goodwill for Each Reportable Segment
The following analysis details the changes in goodwill for each reportable segment:
Recorded
Music
Music
Publishing
Total
(in millions)
Balances at September 30, 2025$1,597 $464 $2,061 
Acquisitions76 — 76 
Other adjustments (a)(11)— (11)
Balances at June 30, 2026$1,662 $464 $2,126 
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(a)Other adjustments during the nine months ended June 30, 2026 represent foreign currency movements.
Schedule of Indefinite Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeJune 30,
2026
September 30,
2025
(in millions)
Intangible assets subject to amortization:
Recorded music catalog14 years$2,246 $1,799 
Music publishing copyrights23 years2,792 2,692 
Artist and songwriter contracts13 years1,127 1,137 
Trademarks16 years31 29 
Other intangible assets6 years76 58 
Total gross intangible assets subject to amortization6,272 5,715 
Accumulated amortization(3,174)(2,990)
Total net intangible assets subject to amortization3,098 2,725 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite153 154 
Total net intangible assets$3,251 $2,879 
Schedule of Finite-Lived Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeJune 30,
2026
September 30,
2025
(in millions)
Intangible assets subject to amortization:
Recorded music catalog14 years$2,246 $1,799 
Music publishing copyrights23 years2,792 2,692 
Artist and songwriter contracts13 years1,127 1,137 
Trademarks16 years31 29 
Other intangible assets6 years76 58 
Total gross intangible assets subject to amortization6,272 5,715 
Accumulated amortization(3,174)(2,990)
Total net intangible assets subject to amortization3,098 2,725 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite153 154 
Total net intangible assets$3,251 $2,879