v3.26.1
Programming and Production Costs (Tables)
3 Months Ended
Mar. 31, 2026
Other Industries [Abstract]  
Schedule of Programming and Production Expense
Three Months Ended
March 31,
(in millions)20262025
Video distribution programming$2,381 $2,659 
Film and television content:
Owned(a)
2,561 2,656 
   Licensed, including sports rights5,589 2,804 
Other352 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.
Schedule of Capitalized Film and Television Costs
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 released231 84 
Released, less amortization4,215 4,571 
7,277 7,551 
Licensed, including sports advances3,770 4,663 
Film and television costs$11,047 $12,214