Disney to Cut Content Spending in 2024

  • 📰 THR
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The company spent $27 billion on content in strike-impacted 2023.

Disney expects to cut billions of dollars from its content budget in fiscal 2024.

Speaking on the company’s earnings call, Disney’s interim CFO Kevin Lansberry said that next year the company expects to spend $25 billion on content, down from $27 billion from fiscal 2023. The company was initially targeting content spend in the low

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney: Potential Subscriber Loss Takes Center Stage Ahead of Key EarningsStocks Analysis by Investing.com (Günay Caymaz) covering: Walt Disney Company, Walt Disney, Walt Disney Company DRC, Walt Disney Co BDR. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Disney will start testing a combined Disney Plus and Hulu app next monthDisney’s combined Disney Plus and Hulu streaming app is on the way. As part of its fourth quarter earnings results, Disney announced it’s going to launch the new app in beta for bundle subscribers in December.
Source: verge - 🏆 94. / 67 Read more »