Disney removes some produced content from its direct-to-consumer services
4:29 pm Friday, June 02nd, 2023
(Reuters) – Walt Disney Co said on Friday that it has removed certain produced content from its direct-to-consumer (DTC) services and will record a related $1.5 billion impairment charge in its fiscal third-quarter financial statements.
(Reporting by Tiyashi Datta in Bengaluru; Editing by Devika Syamnath)
