Disney Pulling Some Content Off Streaming In Strategic Rethink Disney is reassessing its expenses and plans, leading to the removal of content from its streaming services. CFO Christine McCarthy mentioned that they are reviewing their DTC (Direct-to-Consumer) services to align with changes in content curation strategy. Consequently, they anticipate incurring an impairment charge of around $1.5 to $1.8 billion. The charge will not be included in their segment results and will mainly be recognized in the third quarter after completing the content review and removal process. Disney+ has recently decided to cancel the shows Willow and National Treasure after just one season. In light of this, CFO Christine McCarthy stated that they plan to produce a reduced amount of content in line with their strategic shift. Disney Pulling Some Content Off Streaming In Strategic Rethink Additional Charge of $180 Million McCarthy further mentioned that there will be an additional charge of $180 mil...