Disney Will Boost Investment in Disney Plus Through 2024, Focusing on Global Content Expansion

Disney Will Boost Investment in Disney Plus Through 2024, Focusing on Global Content Expansion

Disney CEO Bob Chapek told investors Wednesday that the company is increasing its multibillion-dollar spending on content for Disney Plus as it adds more local and regional content for worldwide audiences. Last December, Disney projected it would spend between $8 billion-$9 billion on content for its premiere streaming service in its fiscal year 2024, and […]