Disney’s direct-to-consumer business generated $5.3 billion in first-quarter revenue, marking a 13% increase year-over-year.
"We will focus even more on our core brands and franchises, which have consistently delivered higher returns," Iger also said on the call. "We will aggressively curate our. We will reassess all markets we have launched in and also determine the right balance between global and local content. We’ll adjust our pricing strategy, including a full examination of our promotional strategies.
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