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Disney's Stellar Cost-Cutting Strategy: Streamlined Content, Enhanced Viewing and Maximum Efficiency

1/ Disney takes decisive steps to implement cost-optimisation strategies in its streaming platforms. ๐Ÿ’ช๐Ÿ’ฐ

2/ Over two dozen titles were removed from Disney+ and Hulu to streamline content and enhance viewer experience. ๐Ÿšซ๐Ÿ“บ

3/ While these shows bid farewell to Disney's platforms, potential collaborations with third-party services may offer future viewing opportunities. ๐Ÿ”„๐ŸŒ

Estimated Cost Savings: Impact of ~$1.5 Bn. to ~$1.8 Bn. impairment charges to be written/off (Notional!) ๐Ÿ’ฐ๐Ÿ’ธ

Cost Optimisation Impact:

1/ The strategic cost-cutting measures align with Disney's commitment to delivering high-quality and rich content relevant to its audience. (A focused approach) ๐ŸŽฏโœจ

2/ While removing affected titles may disappoint fans (probably a small portion of subscribers), the overall impact on the majority of subscribers is expected to be minimal. ๐Ÿ˜Š๐Ÿ“‰

Country: United States of America ๐Ÿ‡บ๐Ÿ‡ธ

Company: The Walt Disney Company ๐Ÿฐ

Industry: Media Entertainment ๐ŸŽฌ

Cost Element: Programming and Production Costs ๐ŸŽฅ๐Ÿ’ก

Nature: Capex ๐Ÿ’ฐ๐Ÿ“Š

Cost Classification: Impairment Charges ๐Ÿ’ธโš ๏ธ

Source: May 18, 2023 |Entertainment Weekly |



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