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In a telephone conversation with Wall Street badysts, Christine McCarthy, Disney's chief financial officer, said the decision to retain films and broadcasts from other streaming services could cost the company about $ 150 million. due to loss of license fees. However, Iger said the titan of entertainment was ready to lose to invest in his future.
He explained that Disney +'s company decisions were all aimed at making the streaming service an "important part of Disney's bottom line". To be able to design and offer a robust platform, the company must endow it with its intellectual properties, even if these IPs are not available elsewhere. "It's almost equivalent to deploying capital to build our theme parks. It's a bet on the future of this business," he said. The media giant has not yet an exact launch date for the service, but plans to reveal more information and show a major demonstration of the Disney + platform on April 11th.
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