Twenty-First Century Fox 2005 Annual Report Download - page 89

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NEWS CORPORATION
Notes to the Consolidated Financial Statements (continued)
The changes in the carrying value of goodwill, by segment, are as follows:
Balance as of
June 30, 2004 Acquisitions Adjustments(a)
Balance as of
June 30, 2005
(in millions)
Filmed Entertainment $ 246 $ 3 $ — $ 249
Television 2,947 4 — 2,951
Cable Network Programming 2,768 890 — 3,658
Direct Broadcast Satellite Television 659 — (136) 523
Magazines & Inserts 257 ——257
Newspapers 12 990 (22) 980
Book Publishing —— — —
Other 264 2,062(b) — 2,326
Total goodwill $7,153 $3,949 $(158) $10,944
(a) Adjustments primarily related to purchase price allocations for acquisitions, foreign currency translation adjustments and the reduction of accruals
previously established in purchase price accounting which were determined to be no longer necessary.
(b) See Note 3 Acquisitions and Disposals.
Amortization related to finite-lived intangible assets was $40 million, $26 million and $7 million for the years ended June 30, 2005, 2004 and
2003, respectively.
Based on the current amount of intangible assets subject to amortization, the estimated amortization expense for each of the succeeding five
years is as follows: 2006 - $68 million, 2007 - $58 million, 2008 - $58 million, 2009 - $58 million and 2010 - $56 million. These amounts may vary
as acquisitions and disposals occur in the future and as purchase price allocations are finalized.
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