Disney has announced its intention to remove certain content from its direct-to-consumer streaming platforms. The announcement was made during Disney’s recent earnings call by the company’s chief financial officer, Christine McCarthy.
According to Variety, McCarthy explained that Disney is “in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to content curation,” and that this review will result in the removal of “certain content from the company’s streaming platforms.” She went on to reveal that Disney expects to incur a writedown in the third quarter of between $1.5 billion and $1.8 billion as a result of this move.