Disney’s Decision to Take away Reveals Results in $1.5B Write-Down for Disney+ and Hulu
Disney is coping with a substantial financial setback, because it’s projected to incur a write-down of $1.5 billion in the middle of the third quarter of the fiscal 12 months. The leisure conglomerate made the selection to remove over 30 reveals from its streaming platforms, Disney+ and Hulu, in an attempt to reduce costs. This … [Read more…]