
Disney's Cost Cuts and China Tech
Bloomberg Tech
00:00
Disney's Strike and the Impact on the Movie Business
There's two competing forces here where they're trying to have cost discipline and reduce content spending, but the content slate is impacted because of the strikes. I do think that the strike will end soon and we won't see too much of a hiccup. There are over 100 productions that were green lighted by SAG even during the strike. Some of them are for big streamers like Apple TV. The movie business is very hit and miss and somewhat random and there's no real formula for success as we've seen over the years.
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