Disney Gets Big Write-Off After Pulling Its Streaming Shows

Last workweek , Disney transfer a little over 100 of its original programming from its cyclosis service such asDisney+ and Huluaround the world . That cutmedia , which includes the like of Willow and Marvel ’s Runaways , were ax after Disney gave a heads up about a week in advance and for seemingly for no real reason at all . Well , that ’s not true — it all came down to money .

According to anSEC filingfrom late Friday , Disney ’s go under to compose off about $ 1.5 billion following this pelt purge . It was antecedently known this was a style for Disney to cut cost , and the filing notes that this will be reflect in the caller ’s fiscal third quarter . But if you think this would be a one - and - done affair , that is not the instance . Towards the remainder of the filing , the SEC wrote that Disney is “ continuing its inspection and currently anticipates additional produced content will be remove . ” Those remotion equate to an extra estimated $ 400 million . But as far as when these removal may happen ( or what canceled shows may be caught in the crossfire ) , that is n’t touch on in the filing , and Disney has n’t yet said . alike , it ’s not known how much the recent shuttering of theStar war : Galactic Starcruiserexperience contributed to this write - off .

Either way , it carry on to stick to in the pace of Warner Bros. Discovery , which has removed a variety of show and movies from its streaming service formerly fuck asHBO Max . Whilesome of those showshave found a abode elsewhere on rain cats and dogs place like Netflix or Prime Video , others have n’t been so lucky . It may be that those ill-omened show just remain in oblivion always , to the stage that even their creators do n’t have hard copy they can watch in their own sentence .

Image: Hulu/Marvel

[ viaVariety ]

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