Andy Cohen is hinting at something explosive.
19.05.2023 - 01:47 / thewrap.com
first reported, comes just a week after the entertainment giant announced during its quarterly earnings call its plans to remove “certain content” from its streaming platforms in a cost-cutting move.“We are in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to content curation,” Disney Chief Financial Officer Christine McCarthy said during the call.McCarthy also unveiled Disney’s plans to “produce lower volumes of content,” marking a strategic shift from the company’s original goal to flood “the so-called digital shelves” when Disney+ launched three and a half years ago. While Bob Iger explained this plan’s intent to push along subscriber growth, the Disney boss noted during the earnings call that the company “realized that we made a lot of content that is not necessarily driving sub growth.”The former strategic plan also left marketing spending to be “spread so thin,” according to the Disney head, who noted that the company would be more “surgical” in content decisions rather than “spending a lot of money marketing things that are not going to have an impact on the bottom line.” Instead, Iger noted that freeing up these budgetary constraints would enable Disney to focus on tentpole projects that are “great” subscription drivers, including “Avatar,” “The Little Mermaid,” “Guardians of the Galaxy Vol.
Andy Cohen is hinting at something explosive.
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The feud between Howie Mandel and Andy Cohen is over.
Disney made it official with an SEC filing after the markets closed Friday, saying it would take $1.5 billion in write-downs associated with removing streaming programming from its platforms.
Todd Spangler NY Digital Editor Disney, after removing dozens of shows and movies from Disney+ and Hulu last week, said it will incur a $1.5 billion impairment charge for the June quarter. In an SEC filing Friday, the company said that on May 26, 2023, it removed “certain produced content” from its direct-to-consumer streaming services. As a result, Disney will record a $1.5 billion impairment charge in its fiscal third quarter financial statements “to adjust the carrying value of these content assets to fair value.” Disney said it’s continuing to review content on streaming platforms and “currently anticipates additional produced content will be removed from its DTC and other platforms, largely during the remainder of its third fiscal quarter.” As a result, Disney currently estimates it may incur further impairment charges of up to about $400 million related to produced content.
Here we go again. Brandi Glanville is calling out the cast of Vanderpump Rules for their reaction to Le Scandoval.
The Missouri native reunited with Raquel during a filming break where she reacted to the footage she saw so far.
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Lisa Vanderpump is putting rumors to rest. The Vanderpump Rules star is denying that she knew about Tom Sandoval cheating on Ariana Madix with Raquel Leviss before the news broke back in March. “Ok ..no I didn’t know…until a minute before you all did…I wish I would’ve tho.#pumprules,” the Real Housewives of Beverly Hills alum shared via Twitter on Saturday, May 27. Ok ..no I didn’t know…until a minute before you all did…I wish I would’ve tho.
Ariana Madix and Katie Maloney are opening up about Vanderpump Rules Season 11 and if they would come back if Tom Sandoval and Raquel Leviss return to the show.
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Disney+ is set to remove a number of movies, TV series and specials from the streaming service at the end of the month — you can find the full list of titles below.The decision was first announced on May 10 during a Disney earnings call, and now all of the impacted titles have been revealed.
Disney seems to be following a similar strategy as HBO Max and other streaming services that have removed content to take a write off.
Todd Spangler NY Digital Editor Disney’s culling its content on Disney+ and Hulu is coming as early as next week — with the media company pulling off more than two dozen titles, including series “Willow,” “The Mysterious Benedict Society” and “Dollface,” and movies such as “The One and Only Ivan.” A Disney rep confirmed that 27 titles will be pulled off Disney+ and Hulu. On the company’s earnings call last week, CFO Christine McCarthy said Disney expects to take a write-down in the June quarter of $1.5 billion-$1.8 billion from removing content from its streaming platforms. “We are in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to content curation,” McCarthy told investors. “As a result, we will be removing certain content from our streaming platforms.”
Disney is starting to pull content from streaming, with dozens of series and specials slated to leave Disney+ and Hulu on May 26, Deadline has learned. The titles, which are being removed from Disney’s streaming services globally, include Disney+’s Willow, Big Shot, Turner & Hooch, Just Beyond, Mysterious Benedict Society and The World According To Jeff Goldblum and Hulu’s Y: The Last Man, Dollface, The Hot Zone, Maggie, Pistol and Little Demon.
Making Bravo history. The season 10 finale of Vanderpump Rules featured footage of the days after news broke about Tom Sandoval and Raquel Leviss‘ cheating scandal.