Breaking

Disney Plans to Spend $33B on Content Next Year - Hollywood Reporter
Nov 24, 2021 32 secs

Disney says it will spend $8B more on content in 2022 than 2021, mostly on shows and movies for its streaming platforms.

According to the company’s annual report, which was filed with the SEC Wednesday afternoon, Disney plans to spend approximately $33 billion on content over the next year, inclusive of its streaming programming, linear programming, and sports content.

That is an $8 billion increase from fiscal 2021, when the company says it spent approximately $25 billion on content.

For comparison, Discovery CEO David Zaslav says that when his company merges with WarnerMedia, they plan to spend $20 billion on content in the first year, while Netflix is spending nearly $14 billion on content this year

RECENT NEWS

SUBSCRIBE

Get monthly updates and free resources.

CONNECT WITH US

© Copyright 2024 365NEWSX - All RIGHTS RESERVED