| Programming and Production Costs |
Programming and Production Costs | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | (in millions) | 2026 | | 2025 | | | | | | Video distribution programming | $ | 2,381 | | | $ | 2,659 | | | | | | | Film and television content: | | | | | | | | Owned(a) | 2,561 | | | 2,656 | | | | | | | Licensed, including sports rights | 5,589 | | | 2,804 | | | | | | | Other | 352 | | | 295 | | | | | | | Total programming and production costs | $ | 10,884 | | | $ | 8,415 | | | | | |
(a) Amount includes amortization of owned content of $2.0 billion and $2.2 billion for the three months ended March 31, 2026 and 2025, respectively, as well as participations and residuals expenses. Capitalized Film and Television Costs | | | | | | | | | | | | | (in millions) | March 31, 2026 | | December 31, 2025 | | Owned: | | | | | In production and in development | $ | 2,830 | | | $ | 2,896 | | | Completed, not released | 231 | | | 84 | | | Released, less amortization | 4,215 | | | 4,571 | | | 7,277 | | | 7,551 | | | Licensed, including sports advances | 3,770 | | | 4,663 | | | | | | | | | | | Film and television costs | $ | 11,047 | | | $ | 12,214 | |
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