Disney’s Fiscal 2023 Results: Content Spending Eases, Streaming Proceeds Eclipse Affiliate Revenue As ESPN Penetration Falls To 71M Households

Disney crossed a key threshold in fiscal 2023, taking in more revenue from streaming than from linear TV. The media giant is continuing to trim spending on film and TV content, including sports, with total spending declining to $27.2 billion from $29.9 billion in fiscal 2022. That tally encompasses original titles for the film studio, […]

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