Walt Disney (NYSE:DIS) is set to report a $1.5 billion impairment charge as it implements its strategy to streamline content on its streaming platforms. As part of a cost-cutting initiative, Disney canceled several shows and movies, removing them from its platforms in the final week of May.
It is important to note that the company is actively reviewing the content on its…
This story from tipranks.com was posted on 2023-06-05 by @volcano.