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Published 1 year ago

Disney Exploring Content Licensing Options To Other Streamers - LaughingPlace.com

Summary by Ground News
The Walt Disney Company is exploring more licensing of its films and television series to rival media outlets. The company is under pressure to reassess their streaming strategy. After Disney reported a $1.5 billion loss for its online video business in the third quarter, the board fired Chief Executive Officer Bob Chapek, replacing him with Bob Iger. Iger is likely to share more of these plans on February 8th, when the Disney Company holds their first earnings call since he was reinstated.

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