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Related Party Transactions
12 Months Ended
Jun. 30, 2022
Related Party Transactions [Abstract]  
Related Party Transactions
NOTE 15. RELATED PARTY TRANSACTIONS
Related Party Transactions
In the ordinary course of business, the Company enters into transactions with related parties to purchase and/or sell advertising and administrative services. The Company has also previously entered into transactions with related parties to sell certain broadcast rights.
The following table sets forth the net revenue from related parties included in the Statements of Operations:
For the fiscal years ended June 30,
202220212020
(in millions)
Related party revenue (expense), net$(10)$(35)$(69)
The following table sets forth the amount of receivables due from and payables due to related parties outstanding on the Balance Sheets:
As of June 30,
20222021
(in millions)
Accounts receivable from related parties$14 $
Accounts payable to related parties10