Welcome back to What I’m Hearing+, live from Brooklyn before I escape for a weekend at the Saratoga Race Track. As is my tradition, I’ll bet one whole dollar on the horse with the best name.
This week, an investigation into whether Disney+ is generating enough new hits—and doing enough with its I.P.—while Bob Iger is promising to raise prices multiple times. Let’s dive in…
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To pare its streaming losses, Disney plans to reduce spending, raise prices, crack down on password sharing, and produce less—less!—content. In an era of ruthless competition and franchise fatigue, Iger may be pushing the limits of what consumers will pay without getting something original in return.
On Disney’s recent earnings call, C.E.O. Bob Iger promised a slew of changes that neatly encapsulate the company’s enormous streaming dilemma. Sure, Disney+ has been paring its losses, down to $512 million last quarter from about $1.1 billion in the same period last year, but it’s still far from...
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