“It’s all about content, content, content,” Disney CEO Bob Chapek said of the $1 billion spending
Disney Plus has achieved its goal of premiering one new title each week, Chapek said, and overall wants to double content output. By 2023, Disney will evaluate raising the price of Disney Plus once it achieves its target for new content.
In its annual report last November, the Walt Disney Co. said it planned to increase its overall spending on content to. On Wednesday, McCarthy said the company is still on track for that overall spend target. Disney’s fiscal Q1 earnings report marked the first time the company has broken out content spending for each of its streaming services.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Hulu + Live TV Expenses To Boost Disney Content Spending Up To $1B In Current QuarterDisney CFO Christine McCarthy warned that carriage costs for pay-TV bundle Hulu + Live TV would drive an $800 million to $1 billion increase in streaming costs during the current quarter. The inter…
Lire la suite »
Disney stock gets a boost as Disney+ subscriptions hit nearly 130 millionWalt Disney Co. shares saw a boost in after-hours trading Wednesday after the company beat Wall Street expectations by reporting nearly 130 million subscribers to its Disney+ streaming service
Lire la suite »
Your Opinions On These Disney Movies Will Show You Which Disney Heroine You AreDon't worry, if you haven't seen the movie you don't have to have an opinion.
Lire la suite »
South Loop home that former Mayor Richard M. Daley once owned sells for $1.2MThe four-level, 3,405-square-foot town home in the South Loop that former Mayor Richard M. Daley and his late wife, Maggie, owned was sold on Friday.
Lire la suite »
U.S. Households Took On $1 Trillion in New Debt in 2021The increase, the largest since 2007, was largely the result of a big jump in mortgages and auto loans.
Lire la suite »
Household debt jumped by $1 trillion in 2021, the most since 2007In the fourth quarter alone, household debt grew by $333 billion to $15.58 trillion, the largest quarterly rate of increase since 2007 as well
Lire la suite »