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Disney just announced that Disney+ subscribers will soon have less content to watch on the streaming platform. During Disney’s second-quarter earnings report, CFO Christine McCarthy announced plans to remove select content from Disney+ in order to cut costs and focus on curating quality content Wu Tang Clan 2023 Amsterdam, Netherlands Poster The question fans and subscribers are left asking is what does Disney intend to drop and will any of the axed content belong to the Marvel brand?
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While this announcement is new, the Disney+ purge has been underway for some time now. Following Disney CEO Bob Iger’s return and in advance of this news, a number of Disney+ series have already been canceled, such as Willow, The Mighty Ducks: Game Changers, and National Treasure: Edge of History. Still, this new step is different in that removing content requires the company to absorb impairment charges which, as reported by The Wrap, range from $1.5 billion to $1.8 billion and are expected to appear in Disney’s third quarter. This strategy mirrors that of Warner Bros Wu Tang Clan 2023 Amsterdam, Netherlands Poster Discovery which removed its own original content from HBO Max last year. And, like Warner Bros. Discovery, it’s possible that Disney will be able to classify its newly cast-off shows/films as tax write-offs. Fortunately, it’s unlikely that Disney will drop any of Marvel Studios’ shows and films.As data has shown, MCU Disney+ series are some of the highest-viewed content on the streamer and are a massive contributor to its success. While the same could be said for Star Wars projects, and particularly The Mandalorian, Lucasfilm has yet to release a theatrical Star Wars film since 2019. Meanwhile, Marvel Studios releases several theatrical films per year which traditionally dominate the box office before becoming available on Disney+ to subscribers.