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Programming and Other Inventory
12 Months Ended
Dec. 31, 2022
Inventory Disclosure [Abstract]  
Programming and Other Inventory PROGRAMMING AND OTHER INVENTORY The following table presents our programming and other inventory at December 31, 2022 and 2021, grouped by type and predominant monetization strategy. During the first quarter of 2022, in connection with our increased strategic focus on our streaming businesses, we reassessed our predominant monetization strategy for certain of our internally-produced content, and determined that it had shifted from individual to film group as a result of expected increased monetization of the content on our streaming services.
At December 31,20222021
Film Group Monetization:
Acquired program rights, including prepaid sports rights$3,238 $3,432 
Internally-produced television and film programming:
Released7,154 3,808 
In process and other3,299 2,609 
Individual Monetization:
Acquired libraries394 441 
Film inventory:
Released694 606 
Completed, not yet released129 253 
In process and other1,317 1,303 
Internally-produced television programming:
Released624 1,604 
In process and other726 769 
Home entertainment45 37 
Total programming and other inventory17,620 14,862 
Less current portion1,342 1,504 
Total noncurrent programming and other inventory$16,278 $13,358 
The following table presents amortization of television and film programming and production costs, which is included within “Operating expenses” on the Consolidated Statements of Operations.
Year Ended December 31,202220212020
Programming costs, acquired programming$5,018 $5,143 $3,779 
Production costs, internally-produced television and film programming:
Individual monetization$2,104 $3,245 $2,669 
Film group monetization$5,187 $3,248 $3,133 
Programming Charges
Included in the table above for the year ended December 31, 2020, are programming charges of $159 million primarily related to the abandonment of certain incomplete programs resulting from production shutdowns related to the coronavirus pandemic (COVID-19). Programming charges of $154 million and $5 million are included within the TV Media and Filmed Entertainment segments, respectively.
In connection with our plan to integrate Showtime into Paramount+ across both streaming and linear platforms in 2023, we have undertaken a comprehensive strategic review of the combined content portfolio of Showtime and Paramount+. At the same time, we are rationalizing and right-sizing our international operations to align with our streaming strategy, and closing or globalizing certain of our international channels. We plan to complete this review in the first quarter of 2023 and abandon or remove from our platforms certain content, which will result in charges for the impairment or abandonment of the affected content, which we estimate will be approximately $1.3 billion to $1.5 billion.
The following table presents the expected amortization over each of the next three years of released programming inventory on the Consolidated Balance Sheet at December 31, 2022. This information does not include the expected effects of the 2023 programming charges discussed above.
202320242025
Programming costs, acquired programming$2,187 $593 $285 
Production costs, internally-produced television and film programming:
Individual monetization$822 $248 $136 
Film group monetization$3,175 $1,812 $1,147 
During the year ending December 31, 2023, we expect to amortize approximately $63 million of our completed, not yet released film inventory, which is monetized on an individual basis