【】

Disney has apparently fallen on hard times.
The entertainment juggernaut with a market cap of $165 billion would have you believe that, anyway. Variety reported that Disney took a $1.5 billion impairment charge for the recent removal of dozens of shows and movies from Disney+ and Hulu, per an SEC filing. Shows like Willowand Y: The Last Manwere among the content that got culled in late May.
SEE ALSO:Disney+ and Hulu will purge over two dozen more shows. Here's the list so far.In layman's terms, that basically means that Disney gets a tax write-off from cutting all that content. What's worse is that the SEC filing said Disney "currently anticipates" further removed content during the rest of the third fiscal quarter of 2023. In other words, don't be surprised if these services lose even more shows and movies over the coming months.
This is the same tactic Warner Bros. Discovery used last year and both cases paint a somewhat grim future for streaming entertainment. Some of the content that's being shoved out the door isn't available in physical form, so it just sort of lives in limbo until companies decide it's cool to put it back on the streaming service someday, if at all.

Related Stories
- Disney orders Gaston from 'Beauty and the Beast' miniseries
- Disney's 'live-action' adaptations, ranked — and where to watch them
- Disney+ and Hulu will purge over two dozen more shows. Here's the list so far.
- 6 different 'Spider-Man' movies are hitting Disney+ this spring — here are the best ways to watch
- Star Wars TV in the Disney+ era: 12 seasons, ranked
Regardless of how this plays out, I don't think anyone signed up for this when cord-cutting became the norm.
TopicsDisneyHulu
相关文章
Airbnb activates disaster response site for Louisiana flooding
Airbnb has activated its disaster response page following the record-breaking flooding in Louisiana.2025-04-23Canadian man writes his own hilarious obituary
Normally obituaries paint a solemn take on a person's life with little flair or humor. Not Angus Bri2025-04-23Gmail's 'Mic Drop' prank backfires in a mortifying way, gets pulled
Google is a pretty important company, offering pretty important services to a lot of people. So, mes2025-04-23Kanye West's 'Saint Pablo' leaks, revealing why he chose Tidal
"Saint Pablo," which was known as "The Closest Thing to Einstein" when Kanye West debuted it at an L2025-04-23Chinese gymnastics team horrifies crowd with human jump rope
Awesome. Also, ouch. 。The Chinese acrobatic team wowed and horrified the crowd at the Rio Olympic gym2025-04-23Amtrak train derails after striking backhoe south of Philly, 2 dead
At least two people are dead and more than two dozen injured after an Amtrak train with 341 on board2025-04-23
最新评论